Beginning in 1940, thousands of Germans taken from old age homes, mental institutions and other custodial facilities were systematically gassed. Between 50,000 and 100,000 were eventually killed.
How the Allied multinationals supplied Nazi Germany throughout World War II
Excerpts from "Trading With the Enemy: An Expose' of The Nazi-American Money-Plot 1933-1949" by Charles Higham; Hale , London, 1983.
Behind the patriotic propaganda that encouraged the working class to slaughter each other in the interests of competing national interests, international capital quietly kept the commodity circuits flowing and profits growing across all borders, trading with the enemy - war means business as usual for international capital.
But that is only one of the cases detailed in this book. We have Standard Oil shipping enemy fuel through Switzerland for the Nazi occupation forces in France; Ford trucks transporting German troops; I.T.T. helping supply the rocket bombs that marauded much of London ; and I.T.T. building the Focke-Wulfs that dropped those bombs. Long and shocking is the list of diplomats and businessmen alike who had their own ways of profiting from the war."
What would have happened if American and British people, struggling with coupons and lines at the gas stations, had learned that in 1942 Standard Oil of New Jersey managers shipped the enemy's fuel through neutral Switzerland and that the enemy was shipping Allied fuel? Suppose the public had discovered that the Chase Bank in Nazi-occupied Paris after Pearl Harbor was doing millions of dollars' worth of business with the enemy with the full knowledge of the head office in Manhattan? Or that Ford trucks were being built for the German occupation troops in France with authorization from Dearborn, Michigan? Or that Colonel before and after Pearl Harbor. A presidential edict, issued six days after December 7, 1941, actually set up the legislation whereby licensing arrangements for trading with the enemy could officially be granted.
And it is important to consider the size of American investments in Nazi Germany at the time of Pearl Harbor. These amounted to an estimated total of $475 million. Standard Oil of New Jersey had $120 million invested there; General Motors had $35 million; ITT had $30 million; and Ford had $17.5 million.
At the same time, the Du Ponts developed the American Liberty League, a Nazi organization whipping up hatred of blacks and Jews, love of Hitler, and loathing of the Roosevelts. Financed by Lammot and Irenee to the tune of close to $500,000 the first year, the Liberty League had a lavish thirty-one-room office in New York, branches in twenty-six colleges, and fifteen subsidiary organizations nationwide that distributed fifty million copies of its Nazi pamphlets. In September 1936, while Hitler at Nuremberg expressed his grand design for the Four-Year Plan, the Du Ponts and the American Liberty League poured thousands into backing Republican Alf Landon against Roosevelt in the election. Other backers were the American Nazi party and the German-American Bund.
The attempt to launch Landon failed, which made the Du Ponts hate Roosevelt even more. In outright defiance of Roosevelt's desire to improve working conditions for the average man, Knudsen of General Motors along with the Du Ponts instituted the speedup systems created by another prominent figure of The Fraternity, Charles Bedaux. These forced men to work at terrifying speeds on the assembly lines. Many died of the heat and the pressure, increased by fear of losing their jobs at a time when there were very few available. Irenee personally paid almost $1 million from his own pocket for armed and gas-equipped storm troops modeled on the Gestapo to sweep through the plants and beat up anyone who proved rebellious. He hired the Pinkerton Agency to send its swarms of detectives through the whole chemicals, munitions, and automobile empire to spy on left-wingers or other malcontents.
By the mid-1930s, General Motors was committed to full-scale production of trucks, armored cars, and tanks in Nazi Germany. The GM board could be guaranteed to preserve political, personal, and commercial links to Hitler. Alfred P. Sloan, who rose from president of GM to chairman in 1937, paid for the National Council of Clergymen and Laymen at Asheville, North Carolina, on August 12, 1936, at which John Henry Kirby, millionaire fascist lumbemman of Texas, was prominent in the delivery of speeches in favor of Hitler. Others present, delivering equally Hitlerian addresses, were Govemor Eugene D. Talmadge of Georgia and the Nazi Reverend Gerald L. K. Smith. Sloan frequently visited Berlin, where he hobnobbed with Goring and Hitler.
Hitler's Carmaker: How General Motors helped jump-start the Third Reich's military machine , November, 2006
BY EDWIN BLACK
n 1960, GM received $33 million compensation in tax exemption on profits for damages caused to its aeroplane and motorized vehicle factories in Germany, Austria, Poland and China. ITT received $27 million damages, $5 million of which were for the Focke Wulff factory, American property bombed by allied planes. And Ford received just under $1 million for damage done to its military truck production lines in Cologne!
PRESCOTT BUSH & NAZIS , Boston Globe 4/23/2001
George Herbert 'Bert' Walker, a native of St. Louis, founded the banking and investment firm of G. H. Walker and Company in 1900. Later the company shifted from St. Louis to the prestigious address of 1 Wall Street .... "Walker was one of Hitler's most powerful financial supporters in the United States. The relationship went all the way back to 1924, when Fritz Thyssen, the German industrialist, was financing Hitler's infant Nazi party. As mentioned in earlier chapters, there were American contributors as well.
"In 1926 Bert Walker did a favor for his new son-in-law, Prescott Bush. It was the sort of favor families do to help their children make a start in life, but Prescott came to regret it bitterly. Walker made Prescott vice president of W. A. Harriman. The problem was that Walker's specialty was companies that traded with Germany. As Thyssen and the other German industrialists consolidated Hitler's political power in the 1930s, an American financial connection was needed. According to our sources, Union Banking became an out-and-out Nazi money-laundering machine... "In , Harriman & Company merged with a British-American investment company to become Brown Brothers, Harriman. Prescott Bush became one of the senior partners of the new company, which relocated to 59 Broadway, while Union Banking remained at 39 Broadway. But in 1934 Walker arranged to put his son-in-law on the board of directors of Union Banking.
"Walker also set up a deal to take over the North American operations ofthe Hamburg-Amerika Line, a cover for I.G. Farben's Nazi espionage unit in the United States. ... the 1930s, the Dulles brothers and the other pirates of Wall Street were making their deals with the Nazis...