Wall Street and the Rise of Hitler (27 page)

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Authors: Antony C. Sutton

Tags: #Europe, #World War II, #20th Century, #General, #United States, #Military, #Economic History, #Business & Economics, #History

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The United States has, in spite of the Constitution and its supposed constraints, become a quasi-totalitarian state. While we do not (yet) have. the overt trappings of dictatorship, the concentration camps and the knock on the door at midnight, we most certainly do have threats and actions aimed at the survival of non-Establishment critics, use of the Internal Revenue Service to bring dissidents in line, and manipulation of the Constitution by a court system that is politically subservient to the Establishment.

It is in the pecuniary interests of the international bankers to centralize political power —

and this centralization can best be achieved within a collectivist society, such as socialist Russia, national socialist Germany, or a Fabian socialist United States.

There can be no full understanding and appreciation of twentieth-century American politics and foreign policy without the realization that this financial elite effectively monopolizes Washington policy.

In case after case, newly released documentation implicates this elite and confirms this hypothesis. The revisionist versions of the entry of the United States into World Wars I and II, Korea, and Vietnam reveal the influence and objectives of this elite.

For most of the twentieth century the Federal Reserve System, particularly the Federal Reserve Bank of New York (which is outside the control of Congress, unaudited and uncontrolled, with the power to print money and create credit at will), has exercised a virtual monopoly over the direction of the American economy. In foreign affairs the Council on Foreign Relations, superficially an innocent forum for academics, businessmen, and politicians, contains within its shell, perhaps unknown to many of its members, a power center that unilaterally determines U.S. foreign policy. The major objective of this submerged — and obviously subversive — foreign. policy is the acquisition of markets and economic power
(profits,
if you will), for a small group of giant multi-nationals under the virtual control of a few banking investment houses and controlling families.

Through foundations controlled by this elite, research by compliant and spineless academics, "conservatives" as well as "liberals," has been directed into channels useful for the objectives of the elite essentially to maintain this subversive and unconstitutional power apparatus.

Through publishing houses controlled by this same financial elite unwelcome books have been squashed and useful books promoted; fortunately publishing has few barriers to entry and is almost atomistically competitive. Through control of a dozen or so major newspapers, http://reformed-theology.org/html/books/wall_street/chapter_12.htm (7 of 11) [8/4/2001 9:44:21 PM]

CHAPTER TWELVE: Conclusions

run by editors who think alike, public information can be almost orchestrated at will.

Yesterday, the space program; today, an energy crisis or a campaign for ecology; tomorrow, a war in the Middle East or some other manufactured "crisis."

The total result of this manipulation of society by the Establishment elite has been four major wars in sixty years, a crippling national debt, abandonment of the Constitution, suppression of freedom and opportunity, and creation of a vast credibility gulf between the man in the street and Washington, D.C. While the transparent device of two major parties trumpeting artificial differences, circus-like conventions, and the cliche of "bipartisan foreign policy" no longer carries credibility, and the financial elite itself recognizes that its policies lack public acceptance, it is obviously prepared to go it alone without even nominal public support.

In brief, we now have to consider and debate whether this New York-based elitist Establishment is a subversive force operating with deliberation and knowledge to suppress the Constitution and a free society. That will be the task ahead in the next decade.

The Slowly Emerging Revisionist Truth

The arena for this debate and the basis for our charges of subversion is the evidence provided by the revisionist historian. Slowly, over decades, book by book, almost line by line, the truth of recent history has emerged as documents are released, probed, analyzed, and set within a more valid historical framework.

Let us consider a few examples. American entry into World War II was supposedly precipitated, according to the Establishment version, by the Japanese attack on Pearl Harbor.

Revisionists have established that Franklin D. Roosevelt and General Marshall
knew
of the impending Japanese attack and did nothing to warn the Pearl Harbor military authorities.

The Establishment wanted war with Japan. Subsequently, the Establishment made certain that Congressional investigation of Pearl Harbor would fit the Roosevelt whitewash. In the words of Percy Greaves, chief research expert for the Republican minority on the Joint Congressional Committee investigating Pearl Harbor:

The complete facts will never be known. Most of the so-called investigations
have been attempts to suppress, mislead, or confuse those who seek the truth.

From the beginning to the end, facts and files have been withheld so as to
reveal only those items of information which benefit the administration under
investigation. Those seeking the truth are told that other facts or documents
cannot be revealed because they are intermingled in personal diaries, pertain
to our relations with foreign countries, or are sworn to contain no information

of value.
3

But this was not the first attempt to bring the United States into war, or the last. The Morgan interests, in concert with Winston Churchill, tried to bring the U.S. into World War I as early as 1915 and succeeded in doing so in 1917. Colin Thompson's
Lusitania
implicates President Woodrow Wilson in the sinking of the
Lusitania
— a horror device to generate a public backlash to draw the United States into war with Germany. Thompson demonstrates http://reformed-theology.org/html/books/wall_street/chapter_12.htm (8 of 11) [8/4/2001 9:44:21 PM]

CHAPTER TWELVE: Conclusions

that Woodrow Wilson knew

four darts beforehand
that the
Lusitania
was carrying six-million rounds of ammunition plus explosives, and therefore, "passengers who proposed to sail on that vessel were sailing in violation of statute of this country."
4

The British Board of Inquiry under Lord Mersey was
instructed
by the British Government

"that it is considered politically expedient that Captain Turner, the master of the
Lusitania,
be most prominently blamed for the disaster."

In retrospect, given Colin Thompson's evidence, the blame is more fairly to be attributed to President Wilson, "Colonel" House, J.P. Morgan, and Winston Churchill; this conspiratorial elite should have been brought to trial for willful negligence, if not treason. It is to Lord Mersey's eternal credit that after performing his "duty" under instructions from His Majesty's government, and placing the blame on Captain Turner, he resigned, rejected his fee, and from that date on refused to handle British government commissions. To his friends Lord Mersey would only say about the
Lusitania
case that it was a "dirty business."

Then in 1933-4 came the attempt by the Morgan firm to install a fascist dictatorship in the United States. In the words of Jules Archer, it was planned to be a Fascist
putsch
to take over the government and
"run
it under a dictator on behalf of America's bankers and

industrialists."5 Again, a single courageous individual emerged — General Smedley

Darlington Butler, who blew the whistle on the Wall Street conspiracy. And once again Congress stands out, particularly Congressmen Dickstein and MacCormack, by its gutless refusal to do no more than conduct a token whitewash investigation.

Since World War II we have seen the Korean War and the Vietnamese War — meaningless, meandering no-win wars costly in dollars and lives, with no other major purpose but to generate multibillion-dollar armaments contracts. Certainly these wars were not fought to restrain communism, because for fifty years the Establishment has been nurturing and subsidizing the Soviet Union which supplied armaments to the other sides in both wars —

Korea and Vietnam. So our revisionist history will show that the United States directly or indirectly armed both sides in at least Korea and Vietnam.

In the assassination of President Kennedy, to take a domestic example, it is difficult to find anyone who today accepts the findings of the Warren Commission — except perhaps the members of that Commission. Yet key evidence is still hidden from public eyes for 50 to 75

years. The Watergate affair demonstrated even to the man in the street that the White House can be a vicious nest of intrigue and deception.

Of all recent history the story of Operation Keelhaul
6
is perhaps the most disgusting.

Operation Keelhaul was the forced repatriation of millions of Russians at the orders of President (then General) Dwight D. Eisenhower, in direct violation of the Geneva Convention of 1929 and the long-standing American tradition of political refuge. Operation Keelhaul, which contravenes all our ideas of elementary decency and individual freedom, was undertaken at the direct orders of General Eisenhower and, we may now presume, was a part of a long-range program of nurturing collectivism, whether it be Soviet communism'

Hitler's Naziism, or FDR's New Deal. Yet until recent publication of documentary evidence by Julius Epstein, anyone who dared to suggest Eisenhower would betray millions of http://reformed-theology.org/html/books/wall_street/chapter_12.htm (9 of 11) [8/4/2001 9:44:21 PM]

CHAPTER TWELVE: Conclusions

innocent individuals for political purposes was viciously and mercilessly attacked.
7

What this revisionist history really teaches us is that our willingness as individual citizens to surrender political power to an elite has cost the world approximately two-hundred-million persons killed from 1820 to 1975. Add to that untold misery the concentration camps, the political prisoners, the suppression and oppression of those who try to bring the truth to light.

When will it all stop? It will not stop until we act upon one simple axiom: that the power system continues only so long as
individuals
want it to continue, and it will continue only so long as
individuals
try to get something for nothing. The day when a majority of individuals declares or acts as if it wants nothing from government, declares it will look after its own welfare and interests, then on
that
day power elites are doomed. The attraction to
"go
along"

with power elites is the attraction of something for nothing. That is the bait. The Establishment always offers something for nothing; but the something is taken from someone else, as taxes or plunder, and awarded elsewhere in exchange for political support.

Periodic crises and wars are used to whip up support for other plunder-reward cycles which in effect tighten the noose around our individual liberties. And of course we have hordes of academic sponges, amoral businessmen, and just plain hangers-on, to act as non-productive recipients for the plunder.

Stop the circle of plunder and immoral reward and elitist structures collapse. But not until a majority finds the moral courage and the internal fortitude to reject the something-for-nothing con game and replace it by voluntary associations, voluntary communes, or local rule and decentralized societies, will the killing and the plunder cease.

Footnotes:

1Carroll Quigley,
Tragedy and Hope, op. cit.

2There are many others; the author selected more or less at random two conservatives (Allen and Lasell) and two liberals (Archer and Domhoff), 3Percy L. Greaves, Jr., "The Pearl Harbor Investigation," in Harry Elmer Harnes,
Perpetual War for Perpetual Peace,
(Caldwell: Caxton Printers, 1953), p, 13-20.

4Colin Simpson,
Lusitania,
(London: Longman, 1972), p, 252.

5Jules Archer,
The Plot to Seize the White House,
(New York: Hawthorn Book, 1973), p. 202.

6See Julius Epstein,
Operation Keelhaul,
(Old Greenwich: Devin Adair, 1973).

7See for example Robert Welch,
The Politician,
(Belmont, Mass.: Belmont Publishing Co., 1963).

http://reformed-theology.org/html/books/wall_street/chapter_12.htm (10 of 11) [8/4/2001 9:44:21 PM]

CHAPTER TWELVE: Conclusions

BACK

http://reformed-theology.org/html/books/wall_street/chapter_12.htm (11 of 11) [8/4/2001 9:44:21 PM]

IS THE EVIDENCE IN THE "WALL STREET" SERIES CONSISTENT WITH RELATED REVISIONIST ARGUMENTS PRESENTED ELSEWHERE?

IS THE EVIDENCE IN THE "WALL STREET" SERIES CONSISTENT WITH RELATED REVISIONIST ARGUMENTS PRESENTED

ELSEWHERE?

Is the Thesis

Consistent with:

(1)
Wall Street and the

(2)
Wall Street

(3)
Wall Street and the

Author and Title:

Essential Thesis:

Bolshevik Revolution

and FDR

Rise of Hitler

Carroll QUIGLEY:

"Semi-secret" Eastern

Quigley does not include

No: Quigley's argument is

Quigley's account of the

Tragedy and Hope
(1)

Establishment and interlocks

evidence of Wall Street in the

totally inconsistent with above rise of Hitler (pp. 529-33)

have dominant role in

Bolshevik Revolution (pp.

(see p. 533)

does not include evidence

planning and policy in U.S.

385-9)

of Establishment

involvement.

Jules ARCHER:
Plot to

In 1933-4 there was a Wall

Not relevant, but Wall Street

Yes: in general Archer's

Those parts in Archer

Seize the White House

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