Bush and WWII
Under the Trading with the Enemy Act, the government took over the Union Banking Corporation, in which Bush was a director. The U.S. Alien Property Custodian seized Union Banking Corp.'s stock shares, all of which were owned by Prescott Bush, E. Roland "Bunny" Harriman, three Nazi executives, and two other associates of Bush.
The order seizing the bank "vests" (seizes) "all of the capital stock of Union Banking Corporation, a New York corporation," and names the holders of its shares as:
"E. Roland Harriman--3991 shares" [chairman and director of Union Banking Corp. (UBC); this is "Bunny" Harriman, described by Prescott Bush as a place holder who didn't get much into banking affairs; Prescott managed his personal investments]
"Cornelis Lievense--4 shares" [president and director of UBC; New York resident banking functionary for the Nazis]
"Harold D. Pennington--1 share" [treasurer and director of UBC; an office manager employed by Bush at Brown Brothers Harriman]
"Ray Morris--1 share" [director of UBC; partner of Bush and the Harrimans]
"Prescott S. Bush--1 share" [director of UBC, which was co-founded and sponsored by his father-in-law George Walker; senior managing partner for E. Roland Harriman and Averell Harriman]
"H.J. Kouwenhoven--1 share" [director of UBC; organized UBC as the emissary of Fritz Thyssen in negotiations with George Walker and Averell Harriman; managing director of UBC's Netherlands affiliate under Nazi occupation; industrial executive in Nazi Germany; director and chief foreign financial executive of the German Steel Trust]
"Johann G. Groeninger--1 share" [director of UBC and of its Netherlands affiliate; industrial executive in Nazi Germany] "all of which shares are held for the benefit of ... members of the Thyssen family, [and] is property of nationals ... of a designated enemy country...."
By Oct. 26, 1942, U.S. troops were under way for North Africa. On Oct. 28, the government issued orders seizing two Nazi front organizations run by the Bush-Harriman bank: the Holland- American Trading Corporation and the Seamless Steel Equipment Corporation.
U.S. forces landed under fire near Algiers on Nov. 8, 1942; heavy combat raged throughout November. Nazi interests in the Silesian-American Corporation, long managed by Prescott Bush and his father-in-law George Herbert Walker, were seized under the Trading with the Enemy Act on Nov. 17, 1942. In this action, the government announced that it was seizing only the Nazi interests, leaving the Nazis' U.S. partners to carry on the business.
These and other actions taken by the U.S. government in wartime were, tragically, too little and too late. President Bush's family had already played a central role in financing and arming Adolf Hitler for his takeover of Germany; in financing and managing the buildup of Nazi war industries for the conquest of Europe and war against the U.S.A.; and in the development of Nazi genocide theories and racial propaganda, with their well-known results.
The facts presented here must be known, and their implications reflected upon, for a proper understanding of President George Herbert Walker Bush and of the danger to mankind that he represents. The President's family fortune was largely a result of the Hitler project. The powerful Anglo-American family associations, which later boosted him into the Central Intelligence Agency and up to the White House, were his father's partners in the Hitler project.
President Franklin Roosevelt's Alien Property Custodian, Leo T. Crowley, signed Vesting Order Number 248 seizing the property of Prescott Bush under the Trading with the Enemy Act. The order, published in obscure government record books and kept out of the news, explained nothing about the Nazis involved; only that the Union Banking Corporation was run for the `` Thyssen family" of "Germany and/or Hungary" --"nationals ... of a designated enemy country.''
By deciding that Prescott Bush and the other directors of the Union Banking Corp. were legally front men for the Nazis, the government avoided the more important historical issue: In what way were Hitler's Nazis themselves hired, armed and instructed by the New York and London clique of which Prescott Bush was an executive manager? Let us examine the Harriman-Bush Hitler project from the 1920s until it was partially broken up, to seek an answer for that question.
Origin and Extent of the Project
Fritz Thyssen and his business partners are universally recognized as the most important German financiers of Adolf Hitler's takeover of Germany. At the time of the order seizing the Thyssen family's Union Banking Corp., Mr. Fritz Thyssen had already published his famous book, I Paid Hitler, admitting that he had financed Adolf Hitler and the Nazi movement since October 1923. Thyssen's role as the leading early backer of Hitler's grab for power in Germany had been noted by U.S. diplomats in Berlin in 1932. The order seizing the Bush-Thyssen bank was curiously quiet and modest about the identity of the perpetrators who had been nailed.
But two weeks before the official order, government investigators had reported secretly that "W. Averell Harriman was in Europe sometime prior to 1924 and at that time became acquainted with Fritz Thyssen, the German industrialist." Harriman and Thyssen agreed to set up a bank for Thyssen in New York. "[C]ertain of [Harriman's] associates would serve as directors...." Thyssen agent "H. J. Kouwenhoven ... came to the United States ... prior to 1924 for conferences with the Harriman Company in this connection...."
When exactly was "Harriman in Europe sometime prior to 1924"? In fact,he was in Berlin in 1922 to set up the Berlin branch of W.A. Harriman & Co. under George Walker's presidency.
The Union Banking Corporation was established formally in 1924, as a unit in the Manhattan offices of W.A. Harriman & Co., interlocking with the Thyssen-owned Bank voor Handel en Scheepvaart (BHS) in the Netherlands. The investigators concluded that ``the Union Banking Corporation has since its inception handled funds chiefly supplied to it through the Dutch bank by the Thyssen interests for American investment."
Thus by personal agreement between Averell Harriman and Fritz Thyssen in 1922, W.A. Harriman & Co. (alias Union Banking Corporation) would be transferring funds back and forth between New York and the "Thyssen interests" in Germany. By putting up about $400,000, the Harriman organization would be joint owner and manager of Thyssen's banking operations outside of Germany.
How important was the Nazi enterprise for which President Bush's father was the New York banker?
The 1942 U.S. government investigative report said that Bush's Nazi-front bank was an interlocking concern with the Vereinigte Stahlwerke (United Steel Works Corporation or German Steel Trust) led by Fritz Thyssen and his two brothers. After the war, Congressional investigators probed the Thyssen interests, Union Banking Corp. and related Nazi units. The investigation showed that the Vereinigte Stahlwerke had produced the following approximate proportions of total German national output:
50.8% of Nazi Germany's pig iron 41.4% of Nazi Germany's universal plate 36.0% of Nazi Germany's heavy plate 38.5% of Nazi Germany's galvanized sheet 45.5% of Nazi Germany's pipes and tubes 22.1% of Nazi Germany's wire 35.0% of Nazi Germany's explosives.
Prescott Bush became vice president of W.A. Harriman & Co. in 1926. That same year, a friend of Harriman and Bush set up a giant new organization for their client Fritz Thyssen, prime sponsor of politician Adolf Hitler. The new German Steel Trust, Germany's largest industrial corporation, was organized in 1926 by Wall Street banker Clarence Dillon. Dillon was the old comrade of Prescott Bush's father Sam Bush from the "Merchants of Death '' bureau in World War I.
In return for putting up $70 million to create his organization, majority owner Thyssen gave the Dillon Read company two or more representatives on the board of the new Steel Trust.
More- http://www.gatt.org/bushhitler.html
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