Tower of Basel: The Shadowy History of the Secret Bank That Runs the World (52 page)

BOOK: Tower of Basel: The Shadowy History of the Secret Bank That Runs the World
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on intervention in German money markets,
25

       
letters to about Eleanor Dulles,
18

       
Nazi party, view of,
34

       
as president of BIS,
18
,
23–25

       
on purpose of BIS,
42–43

       
Schrobanco, as board member of,
17
,
18

McKittrick, Thomas

       
Allen Dulles, friendship with,
75
,
113
,
132

       
Allied-German business cooperation, encouragement of,
120–121

       
appointment as BIS president,
73
,
76
,
89–91

       
background,
73–76

       
Baltic states’ gold, refusal to turn over to Soviet Union,
79–80

       
Chase National Bank, as a vice president of,
133

       
cultivation of important people,
94–95

       
Emil Puhl, relationship with,
82–83
,
115
,
156–157

       
at European Cooperation Administration,
141

       
evacuation from Basel,
81

       
Hanfstaengel, role in release of,
76–77

       
Jews, attitude toward,
77

       
Nazi gold and,
114–115
,
267

       
obituary of,
194–195

       
Orvis Schmidt, interview by,
125–126

       
personal life,
88

       
on plans for postwar financial system,
246

       
as recipient of Order of Crown of Belgium,
133

       
return to Basel,
110

       
as source of information on wartime Europe,
96–99
,
113–114

       
Sweden, connections in,
116–117

       
trip to New York,
96

       
Wall Street, connections to,
99–100

Meer, Fritz ter,
225

MEFO bill,
46

Mein Kampf
(Hitler),
24

Melchior, Carl,
29
,
34
,
36

Mendes-France, Pierre,
31

Messersmith, George,
105–106

Mexico, rescue package for,
206

Meyer, Laurence,
xiv

Mitchell, Charles E.,
36

Mitterand, François,
233

Money, psychology of,
7

Monnet, Jean,
168–170
,
172–173
,
192

Monnet, Murnane & Company,
170

Mooney, James,
104–106

Moreau, Emil,
11

Morgan, J. P.,
24

Morgan & Cie,
108

Morgenthau, Henry

       
on abolishment of BIS,
121–123

       
on BIS “neutrality,”
54

       
monitor of Chase National Bank’s German accounts,
106

       
on moving Czech funds,
64

       
opinion of BIS,
95

Morgenthau, Henry, Sr.,
96

Morgenthau Plan,
138
,
141
,
142

Murnane, George,
169–170

N

National Bank of Belgium,
85

National Bank of Hungary,
202

National City Bank of New York,
74

Nation’s Business
magazine, on purpose of BIS,
42

Nelson, Frank,
80

Netherlands,
79
,
146
,
167
,
188
,
219
,
246

Neue Freie Press
, on central banks,
31

New York Federal Reserve

       
blockage of BIS transactions by,
95

       
Czech assets, transfer of,
64–65

       
emergency loan to Germany,
28

       
gold accounts in BIS,
67

       
membership in BIS,
229–230

       
ownership of shares in BIS,
20–21

       
relationship with BIS,
147

       
repatriation of German gold,
263

New York Herald Tribune
, on BIS wartime activities,
132

New York Times

       
on attendance at Schacht’s birthday celebration,
45

       
on BIS culture of secrecy,
xxiii

       
on financiers’ meeting with Hitler,
37

       
on Hjalmar Schacht,
xix

       
on liquidation of BIS,
66

       
on Montagu Norman,
3

       
obituary of Karl Blessing,
195

       
obituary of Thomas McKittrick,
194

New York Times Magazine
, on BIS,
22

News Chronicle
, on Montagu Norman’s trip to Berlin,
45

Niedermann, Carlos,
107

Niemeyer, Otto,
61
,
65–66
,
76
,
82
,
122
,
176

Nigeria, looted assets of,
261–262

NML Capital,
260

Norman, Montagu

       
as Baron Norman of St. Clere,
139

       
collusion in transfer of Czech gold,
60
,
62–63
,
267

       
as founder of BIS,
xvii

       
Hjalmar Schacht, friendship with,
30
,
44–45
,
162

       
McKittrick, support for,
89

       
personality,
3–4

       
prestige of,
50

Norman, Priscilla,
162

Nuremberg Tribunal,
30
,
139
,
153
,
158–162

Nye, Archibald,
128
,
129

O

Office of Strategic Services (OSS)

       
Allen Dulles and,
94
,
113

       
continuation of U.S. links with German industry,
119

       
Harvard Plan,
119
,
121
,
138
,
224

       
information on Nazi plans,
115–116

Official Monetary and Financial Institutions Forum,
249

Ohlendorf, Otto,
154–155
,
159

The Old Wizard
(Schacht),
11

“Opinion on How the Reichsbank Should Conduct Itself in the BIS” (Blessing),
182

Organization for Economic Cooperation and Development,
140

Organization for European Economic Cooperation,
140–141

P

Padoa-Schioppa, Tomasso,
212

Paersch, Fritz,
152–153

Papen, Franz von,
35

Pennant-Rea, Rupert,
232–234
,
240
,
252

Per Jacobssen Foundation,
192

Peterson, Peter G.,
252

Pilet-Golaz, Marcel,
90

Pilotti, Rafaelle,
xix
,
81
,
110

Playfair, E. W.,
122

Pohl, Karl Otto,
210

Pol, Heinz,
130
,
224

Poland,
79
,
153

Pons, María A.,
55

Porters, Robert,
36

Portugal,
87
,
198
,
248

Potsdam Conference,
131
,
138

Price Waterhouse,
75

Puhl, Emil

       
conviction of for war crimes,
86
,
159–160

       
interrogation of by American intelligence,
126–127

       
Jacobssen, relationship with,
84

       
McKittrick, relationship with,
82–83
,
90
,
115
,
156–157

       
post-war trip to U. S.,
177

       
on relationship of BIS with Reichsbank,
83–85
,
217

Q

Quantitative Easing,
247

Quarterly Review
(BIS),
237

Quesnay, Pierre,
24

R

Red House Report,
155

Reichsbank

       
abolishment of,
151

       
founding of,
30

       
Hjalmar Schacht and,
xvii
,
7
,
9
,
24
,
33

       
policy on BIS,
27–28

       
relationship with BIS,
83–85
,
114–115
,
127

       
reparations payments and,
9–10

Reichsgruppe Industrie,
153

Rentenmark,
6–7
,
9

Reparation payments, World War I

       
arguments about,
5–6

       
cancellation of,
29

       
Dawes Committee (1924),
9–10

       
moratorium on,
28

       
Reparations Commission (1921),
6

       
Young Plan (1929),
11–13

“Report to the Secretary on the Acquiescence of this Government in the Murder of Jews” (Morgenthau’s staff),
160

Reserve currency rescue, coordination of by BIS,
193

Retinger, Joseph,
173

Revelstoke, Lord (John Baring),
11
,
12

Reynolds, Jackson,
18

Ribbontrop, Joachim von,
90

Rijksbank,
108

Ripley, Joseph,
146

Romania,
25
,
87
,
98
,
184

Roosevelt, Eleanor,
186–187

Rooth, Ivar,
89
,
108–109
,
117

Rooth, Lars,
108

Rosière, Jacques de la,
204

Ruiz, Elena Martínez,
55

Russia,
257

S

Saudi Arabia,
257

Schacht, Hjalmar

       
acquittal of war crimes,
160–162

       
appointment of von Schröder to BIS board,
35

       
Ashton-Gwatkin, meeting with,
70–71

       
background,
8–9

       
Deutschmark, opinion of,
151

       
economic achievements of,
45

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