LJWorld.com weblogs Swampyville's - "The Banshee's Cry"
Swampyville's - "Priming the Pump of World War Two"
Ask the Politically Correct!
Who Primed the Pump for the Second World War?
Politically Correct Resolution:
Priming the Pump for a Second World War! (Part of the second age of Globalization l9l9 to 1945)
In the autumn of 1919 began the rise of the Nazi party (National Sozialistisene Deutsche Arbeiter Partei - NSDAP National Socialist German Workers Party). In the beginning their party funds were limited. After their attempted coup in 1923 was spoiled all their funds were confiscated. Financing a private army (SA-Sturmabteilung) became necessary. It began with 30,000 members in 1924 reaching a membership of 4,000,000 members by 1934. Even though the NSDAP was receiving loans from foreign banks; when Hitler took over power the party was almost penny less and look for more sponsorship from abroad. Those financial/corporate interests from abroad were not visible for an extended time. They wanted to remain invisible in their Chess game for Power.
Prelude to Priming the Pump of a Second World War!
The War Debt for World War One for the Axis was so high that they would be able to pay only the interests. The original estimation of war reparations from the Central Powers was three hundred billion dollars. When the economists appointed to the reparations committee stated the most reparations that could be extracted at that time was only a few Billion dollars an argument broke out between the economists and the bankers. The bankers/governments wanted more but had to settle for being paid only the interest. One economist on this committee, John Maynard Keynes, resigned over this argument.
The Dawes Plan (as proposed by the Dawes Committee, chaired by Charles G. Dawes) was an attempt in 1924, following World War I for the Triple Entente to collect war reparations debt from Germany. When after five years the plan proved to be unsuccessful, the Young Plan was adopted in 1929 to replace it.
After the installation of the Dawes Plan, Franklyn D. Roosevelt (who's initial family wealth came from the "Opium" Trade) was a banker on wall street and capitalized on German hyper inflation in 1923 with a speculation enterprise called "United European Venture". (Food for thought)
The Young Plan was a program for settlement of German reparations debts after World War I written in 1929 and formally adopted in 1930. It was presented by the committee headed (1929–30) by American Owen D. Young. After the Dawes Plan was put into operation (1924), it became apparent that Germany could not meet the huge annual payments, especially over an indefinite period of time. The Young Plan reduced further payments to over a period of 59 years (1988). In addition, the Young Plan divided the annual payment, set at two billion Gold Marks, $473 million dollars. While installing his plan, Young was the president of J.P. Morgan owned General Electric Company.
The Committee, which had been appointed by the Allied Reparations Committee, met in the first half of 1929, and submitted its first report on June 7 of that year. In addition to Young, the United States was represented by J. P. Morgan, Jr., the prominent banker, and his partner, (Thomas W. Lamont). The report met with great objections from the United Kingdom but, after a first Hague Conference, a plan was finalized on August 31. The plan was formally adopted at a second Hague Conference, in January 1930.
Thomas William Lamont, Jr. was an American banker, who became a partner of J.P. Morgan & Co., served as a U.S. financial advisor abroad in the 1920s and 1930s. During the 1919 Paris negotiations leading up to the Treaty of Versailles, Lamont was selected as one of two representatives of the (United States Department of the Treasury) on the American delegation. He was at that time a member of the Council of Foreign Relations. He played a leading role for Morgan in directing both the Dawes Plan and the Young Plan.
Amongst other provisions, the plan called for an (international bank of settlements) to handle the reparations transfers. The resulting Bank for International Settlements was duly established at the Hague Conference. The Wall Street bankers would eventually make huge profits from Germany's World War One reparations.
Lamont later undertook a semiofficial mission to Japan in 1920 to protect American financial issues in Asia. However, he did not aggressively challenge Japanese efforts to build a sphere of influence in Manchuria; indeed, he, on behalf of the U.S., supported Japan's politics until Japan attacked Pearl Harbor.
Lamont was also the chairman of the International Committee of Bankers on Mexico for whom he successfully negotiated the De la Huerta-Lamont Treaty.
In 1926, Lamont, self-described as "something like a missionary" for Italian fascism, secured a $100 million loan for Benito Mussolini, who later donated it to Hitler.
Leading up to World War Two!
With the failure to bring the United States into the Fold of Internationalism a depression and a second world war became necessary.
Some actions by western interests that occurred in the late 1920s and early 1930s that were a benefit to the rise of the Nazi Party:
Negotiations for financial aid for the Nazis occurred at the Adion Hotel in Berlin from 1929 to 1932 with American oil companies Shell and Standard Oil and with Max Warburg's banking house Kuhn, Loeb & Co in attendance (also at these meetings were Hitler, Goring, and several German Financial/Industrial representatives). This aid also included funds for Germany to pay the interest on their war debts to the Western Bankers. Adding additional interest that they would have to pay. Exactly what we see that is going on today. The Wall Street bankers would eventually make huge profits from Germany's World War One reparations.
American companies that was steering Hitler's armament were The banking house of J.P. Morgan, the Rockefeller Chase Bank and Warburg's Manhattan Bank who were controlling the following U.S. enterprises: General Motors, Ford Motors, General Electric, Dupont, Alcoa, Dow Chemical, Bendix Aviation (controlled by J.P. Morgan) and other smaller companies who were instrumental in the rise of Hitler and the Nazis. Prior to World War Two, Henry Ford was awarded the Nazi Eagle Medal by Adolf Hitler for his contributions. The Wall Street bankers were the directors of these companies while at the same time being members of German Trusts (IG Farben, AEG - General Electric Association, United Steel Works - Funded by Wall Street) which later supported Hitler's rise to power.
A very few western donations (seed payments) to the Nazi cause:
In the 1920s Hitler received secret funds from French Banking/ government.
Henri Deterding (Oil baron of Royal Dutch Shell) through his agent George Bell, donated large sums to Hitler and who also gave Hitler credit to receive Shell oil reserves.
Enormous secret funds through the English Banking system.
Enormous donations from exiled Russian nobles who wanted to return to a Tsarist Russia.
John Foster Dulles mediated loans of more than One Billion dollars to the Nazis as a representative of Wall Street bankers. At the time he was the head of the legal consulting firm Sullivan & Cromwell in Berlin.
German Industrialists and the German Deusche Bank were instrumental in Hitler's rise to power.
Mussolini donated millions to the Nazi Party after he came to power in Italy.
Thus, began the seeds of World War Two in the hopes of creating final Globalization.
The secretive banks of Switzerland were used to funnel (launder) these funds to the Nazis. Who in turn was supposed to funnel the gains Hitler would steal from conquering other countries back to the wall street bankers. Hitler eventually double crossed the western bankers (including England) and kept the ill gotten gains for himself. Hitler still used Switzerland Banks to launder his accumulating wealth; but, they were transferred mainly to countries in South America and not to the western bankers. The Western bankers determined that Hitler had to "Go" if they were to make a profit from this war and install globalization of THEIR system!
The Western bankers/corporations were interested in complete economic world power for profits and Hitler's interest was for complete power for world control. Evidently, the former had more power than the latter.
"SI VIS LUCROR, PARA BELLUM" (If you want profit, prepare for War)