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The Dutch Connection, how A Famous American Family Made Its Fortune From The Nazi, Chemical-Pharmaceutical & Petrochemical Industry.

As historians may recall when they mull our descent into tyranny, the roots of our constitutional crisis are directly traceable to the days of Adolph Hitler when a powerful American elite financed a political vision far different from the one we learned in school. That elite included such names as George Herbert Walker (G.W. Bush’s great grandfather) and son-in-law, Prescott S. Bush (Bush’s grandfather).  It included such Nazi collaborators as W. Averill Harriman, the presidential advisor who paved our way into Vietnam, and John Foster Dulles, the former Secretary of State who ratcheted the Cold War after sneaking his Nazi loot out of Berlin. It included Allen Dulles who, with his brother, backed the Nazi Party for a pledge that Hitler would break the unions. And when the war was over, and our servicemen returned to forget the horrors they’d witnessed overseas, many of these same players became instrumental in driving their Nazi vision into the American political mainstream, using fear and the fortunes they’d amassed to waylay our populist traditions.

None of this is new. It’s well documented, almost hackneyed, and could well have been accessed at any time by those curious enough to delve into the backgrounds of government and its officials. Nevertheless, in light of our waning constitutional grip (and at the risk of flogging a dead horse) we think it timely to review the Bush family’s complicity in international fascism, if only to reconcile our collective naiveté.

How the Allied multinationals supplied Nazi Germany throughout World War II. From the 1920s on Teagle showed a marked admiration for Germany's enterprise in overcoming the destructive terms of the Versailles Treaty. His lumbering stride, booming tones, and clouds of cigar smoke became widely and affectionately known in the circle that helped support the rising Nazi party. He early established a friendship with the dour and stubby Hermann Schmitz of I.G. Farben, entertaining him frequently for lunch at the Cloud Room in the Chrysler Building, Teagle's favorite Manhattan haunt of the late 1920s and the 1930s. Teagle also was friendly with the pro-Nazi Sir Henri Deterding of Royal Dutch-Shell, who agreed with his views about capitalist domination of Europe and the ultimate need to destroy Russia.

We provide comprehensive information/evidence of how Royal Dutch Shell (and/or its German subsidiary):

° was arguably indirectly responsible for over 30 million deaths in World War 2
° sold out its own Dutch Jewish employees to the Nazis, some of whom did not survive the war
° instructed its employees in the Netherlands to complete a form giving particulars about their descent, which for some, amounted to a self-declared death warrant
° engaged in anti-Semitic policies against Shell employees
° financed the Nazis
° appeased the Nazis
° collaborated with the Nazis
° used slave labor
° conspired directly with Hitler
° got into bed with Interessengemeinschaft Farben or IG-Farben , the notorious Nazi run chemical giant that supplied the Zyklon-B gas used during the Holocaust.
° continued the partnership with the Nazis in the years after the retirement of Sir Henri as the Chief Executive of the Royal Dutch Shell Group and even after his death

All information is supported by independent verifiable evidence from reputable sources.

With the except of the section headed “BRIBERY & CORRUPTION” in Part 7, Shell (via Mr Richard Wiseman) has had advance sight of all nine parts, including associated photographs/graphics, plus the information under the heading “Authors relationship with Shell”.  Royal Dutch Shell was invited to correct any inaccurate information and supply any comment to be published alongside the article on an unedited basis. No response was forthcoming. Some minor editing has taken place as part of the proof reading process. Nothing substantial has changed.

Royal Dutch / Shell and their Nazi secrets.

(Alfred Donovan and John Donovan)

The secret pact of Standard Oil with the Nazis. Royal Dutch Shell means British and Dutch monarchies and Vacuum Oil Company means: Standard Oil.

Bush, the princes of plunders and the shape of treachery.

In 1918, following the U.S. entry into World War I, Samuel “Prescott” Bush (W’s grandfather) (photo) was given a sinecure on the U.S. War Industries Board as Director of the Facilities Division under Bernard Baruch (advisor to Woodrow Wilson) and Clarence Dillon, a Wall Street private banker. Bush’s principal mission was to direct arms sales to Remington Arms, owned by Percy Rockefeller (John D Rockefeller’s brother) and run by Rockefeller’s man, Samuel Pryor. The following year, George Herbert Walker (W’s great-grandfather), a mid-west power broker renowned for his international contacts, formed a private bank with Averill and “Bunny” Harriman, and Percy Rockefeller. That bank was called W.A. Harriman & Co.

Meanwhile, a young Prescott Bush was back from the war and going nowhere―that is, until he met Bert Walker’s daughter. Their union skyrocketed Prescott from a minor executive at a railroad equipment supply house to vice president of W.A. Harriman & Co., the largest private bank in the world.

Small wonder the Bushes embrace the sanctity of marriage.

In 1920, Walker and Harriman gained control of the German shipping line Hamburg-Amerika whose assets had been confiscated by the U.S. after WW I. The deal was made through a William Cuno, who later contributed heavily to the Nazi Party, and Max Warburg of the line’s banking firm, M.M.Warburg. Also involved (not surprisingly) was Rockefeller’s representative, Samuel Pryor. The shipping line was deceptively renamed the American Ship & Commerce Corp. and Pryor was placed on its board of directors. Harriman and Walker now controlled half of the largest shipping line in the world and dominated the other half through the auspices of the Anglo-American occupation of Germany.

Now to foment hostilities.

In 1922, Germany was looking like a pretty good investment. Harriman established a branch of the W.A. Harriman Bank in Berlin under Walker’s presidency. It was then that he met the German industrialist, Fritz Thyssen (photo), a multibillionaire whose sprawling steel empire would soon fuel the Third Reich. Thyssen’s father had taken a large hit with the Versailles Treaty and was determined to avoid a similar debacle. He set up network of seemingly unconnected banks for his children. The first was the August Thyssen Bank in Berlin. The second was the Bank voor Handel en Scheepvaart, N.V. in Rotterdam. One son ran the bank in Holland, changing his name to Baron Thyssen-Bornemisza and feigning hatred for Hitler. The other son, Fritz, ran the bank in Berlin, joined the Nazi Party and avidly sang the praises of Mein Fuhrer. Now Fritz needed a third bank in the U.S. to ensure that whatever outcome his shenanigans produced the family empire would remain intact.

Enter Harriman.

According to government records, Harriman (photo) agreed to set up a bank for Thyssen in New York that would link Thyssen’s bank in Holland and provide clandestine funds for Hitler’s insurgency (and ultimately, profits for all). That bank, the Union Banking Corp, was established in 1924 with George Herbert Walker (Bush’s granddaddy) at the helm. Webster Tarpley and Anton Chaitkin in their book, “George Bush: The Unauthorized Biography,” describe the bank as Hitler’s “de facto bank in New York.” And it was. Funds started pouring back and forth immediately between New York and Rotterdam and into the ready coffers of Hitler’s growing militia. But what isn’t mentioned is the fact that the bank was completely owned by Fritz Thyssen. The importance of this fact cannot be overstated. It means that Bush, Harriman and the entire crew at Union Bank were employees of Thyssen. In other words, they were giving aid and comfort to the enemy in a time of war, a clear-cut act of treason. This deduction is corroborated by a passage from a family history penned by Fritz Thyssen’s nephew, Baron Thyssen-Bornemisza, in 1979:

“…at the beginning of World War II the Bank voor Handel en Scheepvaart had become the holding of my father’s companies – a Dutch firm whose only shareholder was a Hungarian citizen. Prior to 1929, it held the shares of .the August Thyssen Bank, and also American subsidiaries and the Union Banking Corporation, New York. The shares of all the affiliates were [in 1945] with the August Thyssen Bank in the East Sector of Berlin, from where I was able to have them transferred into the West at the last moment”

This clearly states that from 1924 to 1929, Thyssen’s bank in Holland was far from a neutral Dutch institution. It was the holding company for Thyssen’s entire financial empire, the spigot through which Hitler’s military machine was funded. It flatly rebukes government records that cast Bush and Walker as unrestrained, almost unwitting, capitalists rather than out and out traitors.

Fritz Thyssen was no run-of-the-mill industrialist. He was the single most important financier for Adolph Hitler as confessed in his book, “I Paid Hitler”. Without Thyssen’s massive financial backing, which he provided from 1923 on, Hitler might never have come to power. And without Hitler, there would never have been a Second World War.

Not good for the arms business.

By 1926, business at W.A. Harriman was so good, Walker made his son-in-law, Prescott Bush, vice president. That same year Bush, Harriman and Dillon established the German Steel Trust (GST) with Thyssen and his partner, Friederich Flick (photo). The GST later provided the Third Reich with much of the explosives, steel plate, wire, pig iron, pipes, tubing and other materials they needed to construct projects like the Atlantic Wall and the 155mm cannons that rained death on our servicemen as they hit the beaches at Normandy. The GST was directly linked to George Bush’s grandfather’s bank in New York and was presided over by Albert Voegler, another German industrialist who paved the way for Hitler’s ascent. Voegler, incidentally, held a directorship on the Hamburg-Amerika Line. Allen Dulles was also on his way up in 1926. That was the year he joined Sullivan and Cromwell, the world’s largest law firm, and became the lawyer for Thyssen’s Rotterdam bank.

Funny how it all links together.

Through Thyssen, Bush, Walker and Harriman were in direct partnership with Flick’s zinc, steel, and coal conglomerate in Germany and Poland. Together they owned one third of Flick’s sprawling empire and renamed it the Consolidated Silesian Holding Co. Between 1930 and 1931, as admitted at Nuremburg, Thyssen arranged with Rudolph Hess for the transfer of 250,000 to 300,000 Deutsche Marks to the Nazi Party through his bank in Holland. During that same period, W.A. Harriman merged with the Anglo-American investment house, Brown Brothers, to create Brown Brothers Harriman. Prescott and two Harriman brothers were made senior partners along with Thatcher Brown and Montagu Norman, the notorious Nazi sympathizer. Brown ran the London office while Prescott ran the New York office. Montagu Norman, who often stayed with Prescott when he came to New York, was not only an ex-Brown partner; his grandfather led the firm during the American Civil War at a time when they were shipping three quarters of the slave cotton to British mills!

Clearly the group had a lot in common.

By 1932, Hitler’s SA and SS troops numbered nearly 400,000 and questions began to surface as to how this madman could have obtained his financing. Yet even as the German government battled Hitler’s brown shirts in the streets, the Hamburg-Amerika Line was funneling propaganda to thwart their efforts, acting as a front for I.G. Farben spies, propaganda and bribery on behalf of the Nazis. When this potentially embarrassing link surfaced in a congressional investigation in 1934, Bush hired Allen Dulles to obscure the trail.

In 1933, the concerted efforts of the Nazi financiers paid off and Hitler came to power. That year, Prescott Bush sent Max Warburg to represent the American Ship & Commerce Line on the Hamburg-Amerika’s board of directors. Prescott and Max were old buddies and Warburg was a close friend of Montagu Norman (photo). He was also an executive at Hitler’s Reichsbank. His brothers had run the Kuhn Loeb investment bank that brokered Harriman’s buyout of the bankrupt Union Pacific Railroad back in 1890 when Sam Bush was still head of the Buckeye Steel Casings Co. Warburg was also a close advisor to Hitler’s Economics Minister, Hjalmar Schacht. Schacht and John Foster Dulles (the man for whom Dulles Airport was named), worked closely to arrange an agreement whereby all trade between the United States and Hitler’s Germany would be funneled through the Harriman International Co. under Oliver Harriman.

It’s nice work if you can get it.

Allen and John Dulles (photo)’ ties to Nazi Germany are almost too numerous to list. As legal counsel to the U.S. delegation to the Versaille Peace Conference, Allen Dulles argued vehemently against reparations against Germany. He fought for a loophole to allow the powerful DuPonts to continue selling arms to Germany after the Armistice. He was a vocal supporter of Adolph Hitler until 1934 when he was basically told to tone it down. He acted for I.G. Farben, the company that performed ghastly medical experiments on concentration camp victims and developed Tabun, the nerve gas used by the Nazis. He assisted SKF, a company that supplied 60% of the bearings used by the Third Reich. He and brother John acted for the Shroeder Bank in bankrolling Hitler before he assumed power on condition he break the trade unions. He was the OSS Inteligence Chief in Berlin in 1945, the first civilian director of the CIA in 1953 and a member of LBJ’s whitewashing Warren Commission. From 1937 onward the Dulles brothers served Bush, Harriman and Rockefeller in all their business dealings with the Third Reich. He sat on the boards of both Standard Oil (Rockefeller) and I.G. Farben. He set up the notorious BND, Germany’s intelligence-gathering apparatus after the war, with spymaster Reinhardt Gehlen, Hitler’s intelligence chief on the Eastern Front. He recruited Nazi butchers like Gehlen for what soon would become the CIA. It’s widely suspected he played a role in JFK’s assassination or at least had inside knowledge of the conspiracy.

The Nazi Connection to the John F. Kennedy Assassination and the Bushes who help to kill JFK?

If the Nazification of America could be laid at a single man’s feet, that man would be Allen Dulles.

Of course, Prescott Bush would be a close second. In 1933, Herr Bush, in an act of treason rivaled only by his offspring, approached a Marine Corps general, Major General Smedley Butler, to lead a 500,000-man army of rogue veterans in a military coup against President Roosevelt on behalf of a wealthy group of industrialists and bankers. The group, operating under the sardonic moniker, American Liberty League, included such household names as Heinz, Colgate and General Motors. Their plan was to seize the White House by force and impose a fascist state in America. And by all appearances, Butler was their man. He was revered across America. He was a two-time Medal of Honor recipient. He earned a reputation for protecting business interests overseas by quelling nationalist rebellions, instituting regime changes and leading invasions. By all appearances, he was Their Man. But it turned out Major General Butler was also patriotic. He gathered as much information as he could about the cabalists and promptly reported the ringleaders to the House Committee on Un-American Activities. What Butler didn’t realize, of course, was that the House Un-American Activities Committee was only interested in left-leaning patsies. To his amazement, the committee refused to even question any of the people he implicated and went so far as to strike his testimony completely from the record. Today he’s remembered mostly for his insightful quote, “war is a racket.”

Three years later U.S. Ambassador to Germany, William Dodd, wrote a chilling letter to President Roosevelt:

“A clique of U.S. industrialists is hell-bent [on bringing] a fascist state to supplant our democratic government and is working closely with the fascist regime in Germany and Italy. I have had plenty of opportunity in my post in Berlin to witness how close some of our American ruling families are to the Nazi regime…. A prominent executive of one of the largest corporations told me point blank that he would be ready to take definite action to bring fascism into America if President Roosevelt continued his progressive policies. Certain American industrialists had a great deal to do with bringing fascist regimes into being in both Germany and Italy. They extended aid to help Fascism occupy the seat of power, and they are helping to keep it there. Propagandists for fascist groups try to dismiss the fascist scare. We should be aware of the symptoms. When industrialists ignore laws designed for social and economic progress they will seek recourse to a fascist state when the institutions of our government compel them to comply with the provisions.”

That letter could have easily been penned today.

After the Japanese attack on Pearl Harbor in 1941, the Trading With The Enemy Act was enacted and Hapag-Lloyd’s property was confiscated by the U.S. government. Stock shares of Union Banking Corp were also seized and the list of shareholders read like a Who’s Who of Nazi financiers: Prescott S. Bush, (director and largest shareholder);“Bunny” Harriman; Cornelis Lievense (president; responsible for all New York banking finances for the Nazis); H.J. Kouwenhoven (director; helped establish UBC as a conduit to Fritz Thyssen; managed the Holland office during the Nazi occupation in 1940; served as the director of the German Steel Trust), and two other associates of Bush. Other UBC companies were also seized, including the Seamless Steel Equipment Co., long managed by Prescott Bush and his father-in-law Bert Walker, Nazi interests in the Silesian-American Corp and the Holland-American Trading Corp.

The importance of the Holland-American Trading Corp was only recently appreciated, nearly fifty years after the Bush family reclaimed Union Bank from the U.S. Alien Property Custodian (who coincidentally was on the payroll of J Schroeder Bank whose board members included Allen and John Foster Dulles). Its importance was linked by an former U.S. Intelligence officer, William Gowen, who noticed a paragraph from  Thyssen’s investigation files recorded by Paul Manning, an Edward R. Murrow associate.

“Thyssen’s first step in a long dance of tax and currency frauds began [in the late 1930's] when he disposed of his shares in the Dutch Hollandische-Amerikanische Investment Corporation to be credited to the Bank voor Handel en Scheepvaart, N.V., Rotterdam, the bank founded in 1916 by August Thyssen Senior.”

That passage clearly demonstrated that the bank in Holland was founded by Thyssen Sr. (and therefore not neutral( and that the shares of the Holland-America Trading Corp, dumped by Thyssen as part of a money laundering scheme, ended up in the hands of Union Bank and ultimately in the Bush family.

Yet with all the evidence piled against Bush, Roosevelt still pardoned him. Unlike the millions he condemned to death in Europe, Prescott Bush and his Nazi financiers escaped with their lives and fortunes. Yet American voters have elected his children three times.

The fact is, the Bush family has consistently demonstrated contempt for human liberty whenever that liberty comes at the cost of a profit, their sense of entitlement or the financial interests of their wealthy friends.

And liberty, by its very nature, always comes at a cost to the wealthly.

George Bush: The Unauthorized Biography

By John Loftus:

John Joseph Loftus (February 12, 1950) is an American author, former US government prosecutor and former Army intelligence officer. He is a president of The Intelligence Summit and, although he is not Jewish, a president of the Florida Holocaust Museum. Loftus also serves on the Board of Advisers to Public Information Research. He currently resides in St. Petersburg, Florida.

For the Bush family, it is a lingering nightmare. For their Nazi clients, the Dutch connection was the mother of all money laundering schemes. From 1945 until 1949, one of the lengthiest and, it now appears, most futile interrogations of a Nazi war crimes suspect began in the American Zone of Occupied Germany. Multibillionaire steel magnate Fritz Thyssen-the man whose steel combine was the cold heart of the Nazi war machine-talked and talked and talked to a joint US-UK interrogation team. For four long years, successive teams of inquisitors tried to break Thyssen's simple claim to possess neither foreign bank accounts nor interests in foreign corporations, no assets that might lead to the missing billions in assets of the Third Reich. The inquisitors failed utterly.

Why? Because what the wily Thyssen deposed was, in a sense, true. What the Allied investigators never understood was that they were not asking Thyssen the right question. Thyssen did not need any foreign bank accounts because his family secretly owned an entire chain of banks. He did not have to transfer his Nazi assets at the end of World War II, all he had to do was transfer the ownership documents - stocks, bonds, deeds and trusts--from his bank in Berlin through his bank in Holland to his American friends in New York City: Prescott Bush and Herbert Walker. Thyssen's partners in crime were the father and father-in-law of a future President of the United States.

It was a secret that would lead former US intelligence agent William Gowen, now pushing 80, to the very doorstep of the Dutch royal family. The Gowens are no strangers to controversy or nobility. His father was one of President Roosevelt's diplomatic emissaries to Pope Pius XII, leading a futile attempt to persuade the Vatican to denounce Hitler's treatment of Jews. It was his son, William Gowen, who served in Rome after World War II as a Nazi hunter and investigator with the U.S. Army Counter Intelligence Corps. It was Agent Gowen who first discovered the secret Vatican Ratline for smuggling Nazis in 1949. It was also the same William Gowen who began to uncover the secret Dutch pipeline for smuggling Nazi money in 1999.

A half-century earlier, Fritz Thyssen was telling the allied investigators that he had no interest in foreign companies, that Hitler had turned on him and seized most of his property. His remaining assets were mostly in the Russian Occupied Zone of Germany (which he knew were a write-off anyway). His distant (and disliked) relatives in neutral nations like Holland were the actual owners of a substantial percentage of the remaining German industrial base. As innocent victims of the Third Reich, they were lobbying the allied occupation governments in Germany, demanding restitution of the property that had been seized from them by the Nazis.

Under the rules of the Allied occupation of Germany, all property owned by citizens of a neutral nation which had been seized by the Nazis had to be returned to the neutral citizens upon proper presentation of documents showing proof of ownership. Suddenly, all sorts of neutral parties, particularly in Holland, were claiming ownership of various pieces of the Thyssen empire. In his cell, Fritz Thyssen just smiled and waited to be released from prison while members of the Dutch royal family and the Dutch intelligence service reassembled his pre-war holdings for him.

The British and American interrogators may have gravely underestimated Thyssen but they nonetheless knew they were being lied to. Their suspicions focused on one Dutch Bank in particular, the Bank voor Handel en Scheepvaart, in Rotterdam. This bank did a lot of business with the Thyssens over the years. In 1923, as a favor to him, the Rotterdam bank loaned the money to build the very first Nazi party headquarters in Munich. But somehow the allied investigations kept going nowhere, the intelligence leads all seemed to dry up.

If the investigators realized that the US intelligence chief in postwar Germany, Allen Dulles, was also the Rotterdam bank's lawyer, they might have asked some very interesting questions. They did not know that Thyssen was Dulles' client as well. Nor did they ever realize that it was Allen Dulles's other client, Baron Kurt Von Schroeder who was the Nazi trustee for the Thyssen companies which now claimed to be owned by the Dutch. The Rotterdam Bank was at the heart of Dulles' cloaking scheme, and he guarded its secrets jealously.

Several decades after the war, investigative reporter Paul Manning, Edward R. Murrow's colleague, stumbled across the Thyssen interrogations in the US National Archives. Manning intended to write a book about Nazi money laundering. Manning's manuscript was a dagger at Allen Dulles' throat: his book specifically mentioned the Bank voor Handel en Scheepvaart by name, albeit in passing. Dulles volunteered to help the unsuspecting Manning with his manuscript, and sent him on a wild goose chase, searching for Martin Bormann in South America.

Without knowing that he had been deliberately sidetracked, Manning wrote a forward to his book personally thanking Allen Dulles for his "assurance that I was "on the right track, and should keep going.'"Dulles sent Manning and his manuscript off into the swamps of obscurity. The same "search for Martin Bormann"scam was also used to successfully discredit Ladislas Farago, another American journalist probing too far into the laundering of Nazi money. American investigators had to be sent anywhere but Holland.

And so the Dutch connection remained unexplored until 1994 when I published the book "The Secret War Against the Jews."As a matter of historical curiosity, I mentioned that Fritz Thyssen (and indirectly, the Nazi Party) had obtained their early financing from Brown Brothers Harriman, and its affiliate, the Union Banking Corporation. Union Bank, in turn, was the Bush family's holding company for a number of other entities, including the "Holland American Trading Company."

It was a matter of public record that the Bush holdings were seized by the US government after the Nazis overran Holland. In 1951, the Bush's reclaimed Union Bank from the US Alien Property Custodian, along with their "neutral" Dutch assets. I did not realize it, but I had stumbled across a very large piece of the missing Dutch connection. Bush's ownership of the Holland-American investment company was the missing link to Manning's earlier research in the Thyssen investigative files. In 1981, Manning had written:

"Thyssen's first step in a long dance of tax and currency frauds began [in the late 1930's] when he disposed of his shares in the Dutch Hollandische-Amerikanische Investment Corporation to be credited to the Bank voor Handel en Scheepvaart, N.V., Rotterdam, the bank founded in 1916 by August Thyssen Senior."

In this one obscure paragraph, in a little known book, Manning had unwittingly documented two intriguing points: 1) The Bush's Union Bank had apparently bought the same corporate stock that the Thyssens were selling as part of their Nazi money laundering, and 2) the Rotterdam Bank, far from being a neutral Dutch institution, was founded by Fritz Thyssen's father. In hindsight, Manning and I had uncovered different ends of the Dutch connection.

After reading the excerpt in my book about the Bush's ownership of the Holland-American trading Company, retired US intelligence agent William Gowen began to put the pieces of the puzzle together. Mr. Gowen knew every c orner of Europe from his days as a diplomat's son, an American intelligence agent, and a newspaperman. William Gowen deserves sole credit for uncovering the mystery of how the Nazi industrialists hid their money from the Allies at the end of World War II.

In 1999, Mr. Gowen traveled to Europe, at his own expense, to meet a former member of Dutch intelligence who had detailed inside information about the Rotterdam bank. The scrupulous Gowen took a written statement and then had his source read and correct it for error. Here, in summary form, is how the Nazis hid their money in America.

After World War I, August Thyssen had been badly burned by the loss of assets under the harsh terms of the Versailles treaty. He was determined that it would never happen again. One of his sons would join the Nazis; the other would be neutral. No matter who won the next war, the Thyssen family would survive with their industrial empire intact. Fritz Thyssen joined the Nazis in 1923; his younger brother married into Hungarian nobility and changed his name to Baron Thyssen-Bornemisza. The Baron later claimed Hungarian as well as Dutch citizenship. In public, he pretended to detest his Nazi brother, but in private they met at secret board meetings in Germany to coordinate their operations. If one brother were threatened with loss of property, he would transfer his holdings to the other.

To aid his sons in their shell game, August Thyssen had established three different banks during the 1920's -- The August Thyssen Bank in Berlin, the Bank voor Handel en Scheepvaart in Rotterdam, and the Union Banking Corporation in New York City. To protect their corporate holdings, all the brothers had to do was move the corporate paperwork from one bank to the other. This they did with some regularity. When Fritz Thyssen "sold" the Holland-American Trading Company for a tax loss, the Union Banking Corporation in New York bought the stock. Similarly, the Bush family invested the disguised Nazi profits in American steel and manufacturing corporations that became part of the secret Thyssen empire.

When the Nazis invaded Holland in May 1940, they investigated the Bank voor Handel en Scheepvaart in Rotterdam. Fritz Thyssen was suspected by Hitler's auditors of being a tax fraud and of illegally transferring his wealth outside the Third Reich. The Nazi auditors were right: Thyssen felt that Hitler's economic policies would dilute his wealth through ruinous war inflation. He had been smuggling his war profits out through Holland. But the Rotterdam vaults were empty of clues to where the money had gone. The Nazis did not know that all of the documents evidencing secret Thyssen ownership had been quietly shipped back to the August Thyssen Bank in Berlin, under the friendly supervision of Baron Kurt Von Schroeder. Thyssen spent the rest of the war under VIP house arrest. He had fooled Hitler, hidden his immense profits, and now it was time to fool the Americans with same shell game.

As soon as Berlin fell to the allies, it was time to ship the documents back to Rotterdam so that the "neutral" bank could claim ownership under the friendly supervision of Allen Dulles, who, as the OSS intelligence chief in 1945 Berlin, was well placed to handle any troublesome investigations. Unfortunately, the August Thyssen Bank had been bombed during the war, and the documents were buried in the underground vaults beneath the rubble. Worse, the vaults lay in the Soviet Zone of Berlin.

According to Gowen's source, Prince Bernhard commanded a unit of Dutch intelligence, which dug up the incriminating corporate papers in 1945 and brought them back to the "neutral" bank in Rotterdam. The pretext was that the Nazis had stolen the crown jewels of his wife, Princess Juliana, and the Russians gave the Dutch permission to dig up the vault and retrieve them. Operation Juliana was a Dutch fraud on the Allies who searched high and low for the missing pieces of the Thyssen fortune.

In 1945, the former Dutch manager of the Rotterdam bank resumed control only to discover that he was sitting on a huge pile of hidden Nazi assets. In 1947, the manager threatened to inform Dutch authorities, and was immediately fired by the Thyssens. The somewhat naive bank manager then fled to New York City where he intended to talk to Union Bank director Prescott Bush. As Gowen's Dutch source recalled, the manager intended "to reveal [to Prescott Bush] the truth about Baron Heinrich and the Rotterdam Bank, [in order that] some or all of the Thyssen interests in the Thyssen Group might be seized and confiscated as German enemy property. "The manager's body was found in New York two weeks later.

Similarly, in 1996 a Dutch journalist Eddy Roever went to London to interview the Baron, who was neighbors with Margaret Thatcher. Roever's body was discovered two days later. Perhaps, Gowen remarked dryly, it was only a coincidence that both healthy men had died of heart attacks immediately after trying to uncover the truth about the Thyssens.

Neither Gowen nor his Dutch source knew about the corroborating evidence in the Alien Property Custodian archives or in the OMGUS archives. Together, the two separate sets of US files overlap each other and directly corroborate Gowen's source. The first set of archives confirms absolutely that the Union Banking Corporation in New York was owned by the Rotterdam Bank. The second set (quoted by Manning) confirms that the Rotterdam Bank in turn was owned by the Thyssens.

It is not surprising that these two American agencies never shared their Thyssen files. As the noted historian Burton Hersh documented:

"The Alien Property Custodian, Leo Crowley, was on the payroll of the New York J. Henry Schroeder Bank where Foster and Allen Dulles both sat as board members. Foster arranged an appointment for himself as special legal counsel for the Alien Property Custodian while simultaneously representing [German] interests against the custodian."

No wonder Allen Dulles had sent Paul Manning on a wild goose chase to South America. He was very close to uncovering the fact that the Bush's bank in New York City was secretly owned by the Nazis, before during and after WWII. Once Thyssen ownership of the Union Banking Corporation is proven, it makes out a prima facie case of treason against the Dulles and Bush families for giving aid and comfort to the enemy in time of war.


The first key fact to be proven in any criminal case is that the Thyssen family secretly owned the Bush's Bank. Apart from Gowen's source, and the twin American files, a third set of corroboration comes from the Thyssen family themselves. In 1979, the present Baron Thyssen-Bornemisza (Fritz Thyssen's nephew) prepared a written family history to be shared with his top management. A copy of this thirty-page tome entitled "The History of the Thyssen Family and Their Activities"was provided by Gowen's source. It contains the following Thyssen admissions:

"Thus, at the beginning of World War II the Bank voor Handel en Scheepvaart had become the holding of my father's companies - a Dutch firm whose only shareholder was a Hungarian citizen..Prior to 1929, it held the shares of .the August Thyssen Bank, and also American subsidiaries and the Union Banking Corporation, New York.The shares of all the affiliates were [in 1945] with the August Thyssen Bank in the East Sector of Berlin, from where I was able to have them transferred into the West at the last moment"

"After the war the Dutch government ordered an investigation into the status of the holding company and, pending the result, appointed a Dutch former general manager of my father who turned against our family.. In that same year, 1947, I returned to Germany for the first time after the war, disguised as a Dutch driver in military uniform, to establish contact with our German directors"

"The situation of the Group gradually began to be resolved but it was not until 1955 that the German companies were freed from Allied control and subsequently disentangled. Fortunately, the companies in the group suffered little from dismantling. At last we were in a position to concentrate on purely economic problems -- the reconstruction and extension of the companies and the expansion of the organization."

"The banking department of the Bank voor Handel en Scheepvaart, which also functioned as the Group's holding company, merged in 1970 with Nederlandse Credietbank N.V. which increased its capital. The Group received 25 percent.The Chase Manhattan Bank holds 31%. The name Thyssen-Bornemisza Group was selected for the new holding company."

Thus the twin US Archives, Gowen's Dutch source, and the Thyssen family history all independently confirm that President Bush's father and grandfather served on the board of a bank that was secretly owned by the leading Nazi industrialists. The Bush connection to these American institutions is a matter of public record. What no one knew, until Gowen's brilliant research opened the door, was that the Thyssens were the secret employers of the Bush family.

But what did the Bush family know about their Nazi connection and when did they know it? As senior managers of Brown Brothers Harriman, they had to have known that their American clients, such as the Rockefellers, were investing heavily in German corporations, including Thyssen's giant Vereinigte Stahlwerke. As noted historian Christopher Simpson repeatedly documents, it is a matter of public record that Brown Brother's investments in Nazi Germany took place under the Bush family stewardship.

When war broke out was Prescott Bush stricken with a case of Waldheimers disease, a sudden amnesia about his Nazi past? Or did he really believe that our friendly Dutch allies owned the Union Banking Corporation and its parent bank in Rotterdam? It should be recalled that in January 1937, he hired Allen Dulles to "cloak" his accounts. But cloak from whom? Did he expect that happy little Holland was going to declare war on America? The cloaking operation only makes sense in anticipation of a possible war with Nazi Germany. If Union Bank was not the conduit for laundering the Rockefeller's Nazi investments back to America, then how could the Rockefeller-controlled Chase Manhattan Bank end up owning 31% of the Thyssen group after the war?

It should be noted that the Thyssen group (TBG) is now the largest industrial conglomerate in Germany, and with a net worth of more than $50 billion dollars, one of the wealthiest corporations in the world. TBG is so rich it even bought out the Krupp family, famous arms makers for Hitler, leaving the Thyssens as the undisputed champion survivors of the Third Reich. Where did the Thyssens get the start-up money to rebuild their empire with such speed after World War II?

The enormous sums of money deposited into the Union Bank prior to 1942 is the best evidence that Prescott Bush knowingly served as a money launderer for the Nazis. Remember that Union Banks' books and accounts were frozen by the U.S. Alien Property Custodian in 1942 and not released back to the Bush family until 1951. At that time, Union Bank shares representing hundreds of millions of dollars worth of industrial stocks and bonds were unblocked for distribution. Did the Bush family really believe that such enormous sums came from Dutch enterprises? One could sell tulip bulbs and wooden shoes for centuries and not achieve those sums. A fortune this size could only have come from the Thyssen profits made from rearming the Third Reich, and then hidden, first from the Nazi tax auditors, and then from the Allies.

The Bushes knew perfectly well that Brown Brothers was the American money channel into Nazi Germany, and that Union Bank was the secret pipeline to bring the Nazi money back to America from Holland. The Bushes had to have known how the secret money circuit worked because they were on the board of directors in both directions: Brown Brothers out, Union Bank in.

Moreover, the size of their compensation is commensurate with their risk as Nazi money launderers. In 1951, Prescott Bush and his father in law each received one share of Union Bank stock, worth $750,000 each. One and a half million dollars was a lot of money in 1951. But then, from the Thyssen point of view, buying the Bushes was the best bargain of the war.

The bottom line is harsh: It is bad enough that the Bush family helped raise the money for Thyssen to give Hitler his start in the 1920's, but giving aid and comfort to the enemy in time of war is treason. The Bush's bank helped the Thyssens make the Nazi steel that killed allied soldiers. As bad as financing the Nazi war machine may seem, aiding and abetting the Holocaust was worse. Thyssen's coal mines used Jewish slaves as if they were disposable chemicals. There are six million skeletons in the Thyssen family closet, and a myriad of criminal and historical questions to be answered about the Bush family's complicity.

Note: This article's author, John Loftus, is a former U.S. Department of Justice Nazi War Crimes prosecutor, the President of the Florida Holocaust Museum and the highly respected author of numerous books on the CIA-Nazi connection including The Belarus Secret and The Secret War Against the Jews, both of which have extensive material on the Bush-Rockefeller-Nazi connection.

George Bush: The Unauthorized Biography

By Webster Griffin Tarpley and Anton Chaitkin

Table of Contents

° Chapter 1 – The House of Bush: Born in a Bank



° Chapter 4 – The Center of Power is in Washington

° Chapter 5 – Poppy and Mommy

° Chapter 6 – Bush in World War II

° Chapter 7 – Skull and Bones: The Racist Nightmare at Yale

° Chapter 8 – The Permian Basin Gang

° Chapter 8b – The Bay of Pigs and The Kennedy Assassination

° Chapter 9 – Bush Challenges Yarborough for The Senate

° Chapter 10 – Rubbers Goes to Congress

° Chapter 11 – United Nations Ambassador, Kissinger Clone

° Chapter 12 – Chairman George in Watergate

° Chapter 13 – Bush Attempts The Vice Presidency, 1974

° Chapter 14 – Bush in Beijing

° Chapter 15 – CIA Director

° Chapter 16 – Campaign 1980

° Chapter 17 – The Attempted Coup D’Etat of March 30, 1981

° Chapter 18 – Iran-Contra

° Chapter 19 – The Leveraged Buyout Mob

° Chapter 20 – The Phony War On Drugs

° Chapter 21 – Omaha

° Chapter 22 – Bush Takes The Presidency

° Chapter 23 – The End of History

° Chapter 24 – The New World Order

° Chapter 25 – Thyroid Storm

The Ascent of American Fascism