The Bush Hitler Project
Bush Nazi Finance House
Closed Down By Roosevelt
Under The 1941 'Trading With The Enemy' Act


"Rumours of a link between the US first family and the Nazi war machine have circulated for decades. Now the Guardian can reveal how repercussions of events that culminated in action under the Trading with the Enemy Act are still being felt by today's president. George Bush's grandfather, the late US senator Prescott Bush, was a director and shareholder of companies that profited from their involvement with the financial backers of Nazi Germany. The Guardian has obtained confirmation from newly discovered files in the US National Archives that a firm of which Prescott Bush was a director was involved with the financial architects of Nazism. His business dealings, which continued until his company's assets were seized in 1942 under the Trading with the Enemy Act, has led more than 60 years later to a civil action for damages being brought in Germany against the Bush family by two former slave labourers at Auschwitz and to a hum of pre-election controversy. The evidence has also prompted one former US Nazi war crimes prosecutor to argue that the late senator's action should have been grounds for prosecution for giving aid and comfort to the enemy..... the new documents, many of which were only declassified last year, show that even after America had entered the war and when there was already significant information about the Nazis' plans and policies, he worked for and profited from companies closely involved with the very German businesses that financed Hitler's rise to power. It has also been suggested that the money he made from these dealings helped to establish the Bush family fortune and set up its political dynasty..... More than 60 years after Prescott Bush came briefly under scrutiny at the time of a faraway war, his grandson is facing a different kind of scrutiny but one underpinned by the same perception that, for some people, war can be a profitable business."
How Bush's grandfather helped Hitler's rise to power
Guardian, 25 September 2004

 Bush Family Funds the Third Reich - Video - Click Here

"President Bush's grandfather was a director of a bank seized by the federal government because of its ties to a German industrialist who helped bankroll Adolf Hitler's rise to power, government documents show. Prescott Bush was one of seven directors of Union Banking Corp., a New York investment bank owned by a bank controlled by the Thyssen family, according to recently declassified National Archives documents reviewed by The Associated Press.... Reports of Bush's involvement with the seized bank have been circulating on the Internet for years and have been reported by some mainstream media. The newly declassified documents provide additional details about the Union Banking-Thyssen connection. Trent Duffy, a spokesman for President Bush, declined to comment.... Union Banking was seized by the government in October 1942 under the Trading with the Enemy Act..... The new documents were first reported by freelance writer John Buchanan in The New Hampshire Gazette."
Newly Unclassified US Documents: Bush Ancestor's Bank Seized by Gov't
Associated Press, 18 October 2003

"The president of the Florida Holocaust Museum said Saturday that George W. Bush's grandfather derived a portion of his personal fortune through his affiliation with a Nazi-controlled bank. John Loftus, a former prosecutor in the Justice Department's Nazi War Crimes Unit, said his research found that Bush's grandfather, Prescott Bush, was a principal in the Union Banking Corp. in Manhattan in the late 1930s and the 1940s. Leading Nazi industrialists secretly owned the bank at that time, Loftus said, and were moving money into it through a second bank in Holland even after the United States declared war on Germany. The bank was liquidated in 1951, Loftus said, and Bush's grandfather and great-grandfather received $1.5 million from the bank as part of that dissolution. 'That's where the Bush family fortune came from: It came from the Third Reich,' Loftus said.... The World War II experience points out how easy it was then -- and remains today -- to hide money in multinational funds. That money flows into American politics today, he said, from 'a series of multinational corporations behaving like pirates. They don't care about ideology; they care about money.'... Loftus' speech left many in tears. 'I am absolutely shocked,' said Nancy Krauss of Punta Gorda. 'I wish this would have come out before the election. My husband voted for Bush. I don't think he would have voted for him if he would have known.'"
Author links Bush family to Nazis
Herald Tribune Newscoast, 11 November 2000
Click Here
To Read Full Article

"Prescott Bush, the grandfather of the US president George W bush, during WW2 had financial links with the nazis, thanks to whom he made his fortune as a banker.... Prescott Bush was a director and shareholder of the United Banking Corporation, which acquired from the nazi industrialist Fritz Thyssen, the Consolidate Silesian Steel Corporation, where prisoners from Auschwitz worked. During the summer in 1942, this was reported in the American press and the US government examined the books of UBC. On the 20th of October, the government commenced action against the company under the trading with the enemy act (sic) which Franklin D. Roosevelt enacted a week after the attack on Pearl Harbor in December 1941."
Bushes and The Nazis
Newsweek Magazine (Polish Edition), 9 June 2003

"....while President Bush publicly embraced the community of holocaust survivors in Washington last spring, he and his family have been keeping a secret from them for over 50 years about Prescott Bush, the president's grandfather. According to classified documents from Dutch intelligence and US government archives, President George W. Bush's grandfather, Prescott Bush made considerable profits off Auschwitz slave labor. In fact, President Bush himself is an heir to these profits from the holocaust which were placed in a blind trust in 1980 by his father, former president George Herbert Walker Bush. Throughout the Bush family's decades of public life, the American press has gone out of its way to overlook one historical fact - that through Union Banking Corporation (UBC), Prescott Bush, and his father-in-law, George Herbert Walker, along with German industrialist Fritz Thyssen, financed Adolf Hitler before and during World War II. It was first reported in 1994 by John Loftus and Mark Aarons in The Secret War Against the Jews: How Western Espionage Betrayed the Jewish People. The US government had known that many American companies were aiding Hitler, like Standard Oil, General Motors and Chase Bank, all of which was sanctioned after Pearl Harbor. But as The New York Times reporter Charles Higham later discovered, and published in his 1983 groundbreaking book, Trading With The Enemy; The Nazi American Money Plot 1933-1949, 'the government smothered everything during and even after the war.'... However, Prescott Bush's banks were not just financing Hitler as previously reported. In fact, there was a distinct business link much deeper than Mr. Higham or Mr. Loftus knew at the time their books were published. A classified Dutch intelligence file which was leaked by a courageous Dutch intelligence officer, along with newly surfaced information from U.S. government archives, 'confirms absolutely,' John Loftus says, the direct links between Bush, Thyssen and genocide profits from Auschwitz. The business connections between Prescott Bush and Fritz Thyssen were more direct than what has been previously written. This new information reveals how Prescott Bush and UBC, which he managed directly, profited from the Holocaust. A case can be made that the inheritors of the Prescott Bush estate could be sued by survivors of the Holocaust and slave labor communities. To understand the complete picture of how Prescott Bush profited from the Holocaust, it is necessary to return to the year 1916, where it all began...."
Heir to the Holocaust
Clamour Magazine, 6 May 2002

"Previously classified documents yesterday confirmed that .... the CIA, and other agencies who saw former Nazi war criminals and sympathisers as useful in fighting the rise of Communism across Europe, thwarted US immigration authorities from deporting or identifying Nazis living in America..... The records also shed new light on how the Nazi Government raised more than $20 million in foreign exchange between 1936 and 1941 with the help of US banks....."
Files show CIA gave jobs to Nazi criminals
London Times, 14 May 2004

"The award-winning investigative series returns, in which Mike Thomson takes a document as a starting-point to shed new light on past events. 'Document' uncovers details of a planned coup in the USA in 1933 by right-wing American businessmen  .....The coup was aimed at toppling President Franklin D Roosevelt with the help of half-a-million war veterans. The plotters, who were alleged to involve some of the most famous families in America, (owners of Heinz, Birds Eye, Goodtea, Maxwell Hse & George Bush’s Grandfather, Prescott) believed that their country should adopt the policies of Hitler and Mussolini to beat the great depression. Mike Thomson investigates why so little is known about this biggest ever peacetime threat to American democracy. Mike Thomson investigates why so little is known about this biggest ever peacetime threat to American democracy."
The Whitehouse Coup
BBC Online, 23 July 2007


http://www.scoop.co.nz/mason/stories/HL0306/S00055.htm

Translation Of Newsweek Article On Bush Nazi Ties
Monday, 9 June 2003, 2:28 pm
Article: The Scoop Editor

NOTE: The following is a translation of the Polish Newsweek article linked to by Scoop last week. A big thankyou to Scoop readers Luke and Mateusz for providing the translations. – The Scoop Editor

Translation from the Polish of the Newsweek article on Prescott Bush and the Nazis

"The Bush family reaped rewards from the forced labour prisoners in the Auschwitz concentration camp. Prescott Bush, the grandfather of the US president George W bush, during WW2 had financial links with the nazis, thanks to whom he made his fortune as a banker.

Prescott Bush was a director and shareholder of the United Banking Corporation, which acquired from the nazi industrialist Fritz Thyssen, the Consolidate Silesian Steel Corporation, where prisoners from Auschwitz worked.

During the summer in 1942, this was reported in the American press and the US government examined the books of UBC. On the 20th of October, the government commenced action against the company under the trading with the enemy act (sic) which Franklin D. Roosevelt enacted a week after the attack on Pearl Harbor in December 1941.

The company could continue to function under the limitations that it’s functions would not result in any help being given to the Nazis. Only in 1943, Prescott Bush distanced himself from UBC and had even engaged in the collection of funds for the victims of the war inhis role as president of the National War Fund."


"George Bush: The Unauthorized Biography" --- by Webster G. Tarpley & Anton Chaitkin
http://www.tarpley.net/bush2.htm

[extracts from Chapter - II - The Hitler Project]

"On Oct. 20, 1942, the U.S. government ordered the seizure of Nazi German banking operations in New York City which were being conducted by Prescott Bush....

 .......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 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....

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 [the German Steel Trust] for their client Fritz Thyssen, prime sponsor of politician Adolf Hitler....

.....Thyssen's own confidential accounts, for political and related purposes, were run through the Walker-Bush organization....

Friedrich Flick was the major co-owner of the German Steel Trust with Fritz Thyssen.....

Flick, like Thyssen, financed the Nazis to maintain their private armies called Schutzstaffel (S.S. or Black Shirts) and Sturmabteilung (S.A., storm troops or Brown Shirts).

The Flick-Harriman partnership was directly supervised by Prescott Bush, President Bush's father, and by George Walker, President Bush's grandfather.

The Harriman-Walker Union Banking Corp. arrangements for the German Steel Trust had made them bankers for Flick and his vast operations in Germany by no later than 1926.

The Harriman Fifteen Corporation (George Walker, president, Prescott Bush and Averell Harriman, sole directors) held a substantial stake in the Silesian Holding Co. at the time of the merger with Brown Brothers, Jan. 1, 1931. This holding correlated to Averell Harriman's chairmanship of the Consolidated Silesian Steel Corporation, the American group owning one-third of a complex of steel-making, coal-mining and zinc-mining activities in Germany and Poland, in which Friedrich Flick owned two-thirds......

....The Nazi army had been equipped by Flick, Harriman, Walker and Bush, with materials essentially stolen from Poland......

In many ways, Bush's Hamburg-Amerika [shipping] Line was the pivot for the entire Hitler project....

Certain actions taken directly by the Harriman-Bush shipping line in 1932 must be ranked among the gravest acts of treason in this century.

The U.S. embassy in Berlin reported back to Washington that the "costly election campaigns'' and "the cost of maintaining a private army of 300,000 to 400,000 men'' had raised questions as to the Nazis' financial backers. The constitutional government of the German republic moved to defend national freedom by ordering the Nazi Party private armies disbanded. The U.S. embassy reported that the Hamburg-Amerika Line was purchasing and distributing propaganda attacks against the German government, for attempting this last-minute crackdown on Hitler's forces....

The executive board of the Hamburg Amerika Line (Hapag) met jointly with the North German Lloyd Company board in Hamburg on Sept. 5, 1933. Under official Nazi supervision, the two firms were merged. Prescott Bush's American Ship and Commerce Corp. installed Christian J. Beck, a long-time Harriman executive, as manager of freight and operations in North America for the new joint Nazi shipping lines (Hapag-Lloyd) on Nov. 4, 1933.

According to testimony of officials of the companies before Congress in 1934, a supervisor from the Nazi Labor Front rode with every ship of the Harriman-Bush line; employees of the New York offices were directly organized into the Nazi Labor Front organization; Hamburg-Amerika provided free passage to individuals going abroad for Nazi propaganda purposes; and the line subsidized pro-Nazi newspapers in the U.S.A., as it had done in Germany against the constitutional German government....

Two months before moving against Prescott Bush's Union Banking Corporation, the U. S. government ordered the seizure of all property of the Hamburg-Amerika Line and North German Lloyd, under the Trading with the Enemy Act.....

For his part in the Hitler revolution, Prescott Bush was paid a fortune.

This is the legacy he left to his son, President George Bush."

Copies of this book are also available in pdf. format from Abika.com
(http://www.abika.com/books/BookView.asp?ID=3369 )

Book Description:
This Book exposes the deeply disturbing legacy left us and our children by those who are motivated only by greed and power. Among other horrendous acts of treason, it tells of the sequence of shameful events carried-out by New York and London banking firms that inevitably leads to the rise of Hitler's Nazi Germany. This book is an absolute MUST READ for anyone wishing to learn U.S. history as it actually happened and not as it is being taught in public schools!!!

More at:

'Author links Bush family to Nazis' - Click here

http://www.newscoast.com/headlinesstory2.cfm?ID=35115
http://www.lpdallas.org/features/draheim/dr991216.htm
http://www.tarpley.net/bushb.htm#3
http://www.amazon.com/exec/obidos/tg/cm/member-reviews/-/A1ME33HVXUH9IX/1/ref=cm_mp_rv/102-0472360-8059319
http://www.amazon.com/exec/obidos/ASIN/0385290802/103-5788297-8955839
http://451world.com/i3/nazis.html


http://www.takebackthemedia.com/com-buchanan.html

BUSH-NAZI LINK CONFIRMED
Documents in National Archives Prove George W. Bush's Grandfather Traded with Nazis - Even After Pearl Harbor
by John Buchanan (Exclusive to the New Hampshire Gazette)


WASHINGTON - After 60 years of inattention and even denial by the U.S. media, newly-uncovered government documents in The National Archives and Library of Congress reveal that Prescott Bush, the grandfather of President George W. Bush, served as a business partner of and U.S. banking operative for the financial architect of the Nazi war machine from 1926 until 1942, when Congress took aggressive action against Bush and his "enemy national" partners.

The documents also show that Bush and his colleagues, according to reports from the U.S. Department of the Treasury, tried to conceal their financial alliance with German industrialist Fritz Thyssen, a steel and coal baron who, beginning in the mid-1920s, personally funded Adolf Hitler's rise to power by the subversion of democratic principle and German law.

Furthermore, the declassified records demonstrate that Bush and his associates, who included E. Roland Harriman, younger brother of American icon W. Averell Harriman, and George Herbert Walker, President Bush's maternal great-grandfather, continued their dealings with the German industrial tycoon for nearly a year after the U.S. entered the war.

No Story?

For six decades these historical facts have gone unreported by the mainstream U.S. media. The essential facts have appeared on the Internet and in relatively obscure books, but were dismissed by the media and Bush family as undocumented diatribes. This story has also escaped the attention of "official" Bush biographers, Presidential historians and publishers of U.S. history books covering World War II and its aftermath.

The White House did not respond to phone calls seeking comment.

The Summer of '42

The unraveling of the web of Bush-Harriman-Thyssen U.S. enterprises, all of which operated out of the same suite of offices at 39 Broadway in New York under the supervision of Prescott Bush, began with a story that ran simultaneously in the New York Herald-Tribune and Washington Post on July 31, 1941. By then, the U.S. had been at war with Germany for nearly eight months.

"Hitler's Angel Has $3 Million in U.S. Bank," declared the front-page Herald-Tribune headline. The lead paragraph characterized Fritz Thyssen as "Adolf Hitler's original patron a decade ago." In fact, the steel and coal magnate had aggressively supported and funded Hitler since October 1923, according to Thyssen's autobiography, I Paid Hitler. In that book, Thyssen also acknowledges his direct personal relationships with Adolf Hitler, Joseph Goebbels and Rudolf Hess.

The Herald-Tribune also cited unnamed sources who suggested Thyssen's U.S. "nest egg" in fact belonged to "Nazi bigwigs" including Goebbels, Hermann Goering, Heinrich Himmler, or even Hitler himself.

Business is Business

The "bank," founded in 1924 by W. Averell Harriman on behalf of Thyssen and his Bank voor Handel en Scheepvaart N.V. of Holland, was Union Banking Corporation (UBC) of New York City. According to government documents, it was in reality a clearing house for a number of Thyssen-controlled enterprises and assets, including as many as a dozen individual businesses. UBC also bought and shipped overseas gold, steel, coal, and U.S. Treasury bonds. The company's activities were administered for Thyssen by a Netherlands-born, naturalized U.S. citizen named Cornelis Lievense, who served as president of UBC. Roland Harriman was chairman and Prescott Bush a managing director.

The Herald-Tribune article did not identify Bush or Harriman as executives of UBC, or Brown Brothers Harriman, in which they were partners, as UBC's private banker. A confidential FBI memo from that period suggested, without naming the Bush and Harriman families, that politically prominent individuals were about to come under official U.S. government scrutiny as Hitler's plunder of Europe continued unabated.

After the "Hitler's Angel" article was published Bush and Harriman made no attempts to divest themselves of the controversial Thyssen financial alliance, nor did they challenge the newspaper report that UBC was, in fact, a de facto Nazi front organization in the U.S.

Instead, the government documents show, Bush and his partners increased their subterfuge to try to conceal the true nature and ownership of their various businesses, particularly after the U.S. entered the war. The documents also disclose that Cornelis Lievense, Thyssen's personal appointee to oversee U.S. matters for his Rotterdam-based Bank voor Handel en Scheepvaart N.V., via UBC for nearly two decades, repeatedly denied to U.S. government investigators any knowledge of the ownership of the Netherlands bank or the role of Thyssen in it. Brown Brothers Harriman sent letters to the government seeking reconsideration of the seizures by using false information.

UBC's original group of business associates included George Herbert Walker, President Bush's maternal great-grandfather, who had a relationship with the Harriman family that began in 1919. In 1922, Walker and W. Averell Harriman traveled to Berlin to set up the German branch of their banking and investment operations, which were largely based on critical war resources such as steel and coal.

The Walker-Harriman-created German industrial alliance also included partnership with another German titan who supported Hitler's rise, Friedrich Flick, who partnered with Thyssen in the German Steel Trust that forged the Nazi war machine. For his role in using slave labor and his own steel, coal and arms resources to build Hitler's war effort, Flick was convicted at the Nuremberg trials and sentenced to prison.

The Family Business

In 1926, after Prescott Bush had married Walker's daughter, Dorothy, Walker brought Bush in as a vice president of the private banking and investment firm of W.A. Harriman & Co., also located in New York. Bush became a partner in the firm that later became Brown Brothers Harriman and the largest private investment bank in the world. Eventually, Bush became a director of and stockholder in UBC.

However, the government documents note that Bush, Harriman, Lievense and the other UBC stockholders were in fact "nominees," or phantom shareholders, for Thyssen and his Holland bank, meaning that they acted at the direct behest of their German client.

Seized

On October 20, 1942, under authority of the Trading with the Enemy Act, the U.S. Congress seized UBC and liquidated its assets after the war. The seizure is confirmed by Vesting Order No. 248 in the U.S. Office of the Alien Property Custodian and signed by U.S. Alien Property Custodian Leo T. Crowley.

In August, under the same authority, Congress had seized the first of the Bush-Harriman-managed Thyssen entities, Hamburg-American Line, under Vesting Order No. 126, also signed by Crowley. Eight days after the seizure of UBC, Congress invoked the Trading with the Enemy Act again to take control of two more Bush-Harriman-Thyssen businesses - Holland-American Trading Corp. (Vesting Order No. 261) and Seamless Steel Equipment Corp. (Vesting Order No. 259).

The documents from the Archives also show that the Bushes and Harrimans shipped valuable U.S. assets, including gold, coal, steel and U.S. Treasury bonds, to their foreign clients overseas between 1931-33, as Hitler engineered his rise to power.

Still No Story?

Since 1942, the information has not appeared in any U.S. news coverage of any Bush political campaign, nor has it been included in any of the major Bush family biographies. It was, however, covered extensively in George H.W. Bush: The Unauthorized Biography, by Webster Tarpley and Anton Chaitkin. Chaitkin's father served as an attorney in the 1940s for some of the victims of the Bush-Harriman-Thyssen businesses.

The book gave a detailed, accurate accounting of the Bush family's long Nazi affiliation, but no mainstream U.S. media entity reported on or even investigated the allegations, despite careful documentation by the authors. Major booksellers declined to distribute the book, which was dismissed by Bush supporters as biased and untrue. Its authors struggled even to be reviewed in reputable newspapers. That the book was published by Lyndon LaRouche's organization undoubtedly made it easier to dismiss, but does not change the facts.

The essence of the story has been posted for years on various Internet sites, including BuzzFlash.com and TakeBackTheMedia.com, but no online media seem to have independently confirmed it.

In the 1990s, former U.S. Justice Department Nazi war crimes prosecutor John Loftus, now honorary president of the Florida Holocaust Museum, wrote a book and launched a web site (www.john-loftus.com) which did breakthrough reporting, including establishing the link between Prescott Bush, Consolidated Silesian Steel Corporation and forced labor at Auschwitz. Although the widely-respected Loftus established a successful international speaking career with his information, no U.S. newspaper or major TV news program acknowledged his decade of work, nor did he ever see many of the recently released documents.

Meanwhile, the mainstream media have apparently made no attempt since World War II to either verify or disprove the allegations of Nazi collaboration against the Bush family. Instead, they have attempted to dismiss or discredit such Internet sites or "unauthorized" books without any journalistic inquiry or research into their veracity.

Loyal Defenders

The National Review ran an essay on September 1 by their White House correspondent Byron York, entitled "Annals of Bush-Hating." It begins mockingly: "Are you aware of the murderous history of George W. Bush - indeed, of the entire Bush family? Are you aware of the president's Nazi sympathies? His crimes against humanity? And do you know, by the way, that George W. Bush is a certifiable moron?" York goes on to discredit the "Bush is a moron" IQ hoax, but fails to disprove the Nazi connection.

The more liberal Boston Globe ran a column September 29 by Reason magazine's Cathy Young in which she referred to "Bush-o-phobes on the Internet" who "repeat preposterous claims about the Bush family's alleged Nazi connections."

Poles Tackle the Topic

Newsweek Polska, the magazine's Polish edition, published a short piece on the "Bush Nazi past" in its March 5, 2003 edition. The item reported that "the Bush family reaped rewards from the forced-labor prisoners in the Auschwitz concentration camp," according to a copyrighted English-language translation from Scoop Media (www.scoop.co.nz). The story also reported the seizure of the various Bush-Harriman-Thyssen businesses.

Still Not Interested

Major U.S. media outlets, including ABC News, NBC News, CNN, The New York Times, Washington Post, Washington Times, Los Angeles Times and Miami Herald, as well as Knight-Ridder Newspapers, have repeatedly declined to investigate the story when information regarding discovery of the documents was presented to them beginning Friday, August 29. Newsweek U.S. correspondent Michael Isikoff, famous for his reporting of big scoops during the Clinton-Lewinsky sexual affair of the 1990s, declined twice to accept an exclusive story based on the documents from the archives.

Aftermath

In 1952, Prescott Bush was elected to the U.S. Senate, with no press accounts about his well-concealed Nazi past. There is no record of any U.S. press coverage of the Bush-Nazi connection during any political campaigns conducted by George Herbert Walker Bush, Jeb Bush, or George W. Bush, with the exception of a brief mention in an unrelated story in the Sarasota Herald Tribune in November 2000 and a brief but inaccurate account in The Boston Globe in 2001.


John Buchanan is an award-winning and internationally published journalist and investigative reporter with 33 years of experience in New York, Los Angeles, Washington and Miami. His work has appeared in more than 50 newspapers, magazines and books. He can be reached by e-mail at: jtwg@bellsouth.net.


http://www.commondreams.org/headlines03/1018-01.htm

Published on Saturday, October 18, 2003 by the Associated Press

Newly Unclassified US Documents: Bush Ancestor's Bank Seized by Gov't

by Jonathan D. Salant

WASHINGTON - President Bush's grandfather was a director of a bank seized by the federal government because of its ties to a German industrialist who helped bankroll Adolf Hitler's rise to power, government documents show.

Prescott Bush was one of seven directors of Union Banking Corp., a New York investment bank owned by a bank controlled by the Thyssen family, according to recently declassified National Archives documents reviewed by The Associated Press.

Fritz Thyssen was an early financial supporter of Hitler, whose Nazi party Thyssen believed was preferable to communism. The documents do not show any evidence Bush directly aided that effort. His position with Union Banking never was a political issue for Bush, who was elected to the Senate from Connecticut in 1952.

Reports of Bush's involvement with the seized bank have been circulating on the Internet for years and have been reported by some mainstream media. The newly declassified documents provide additional details about the Union Banking-Thyssen connection.

Trent Duffy, a spokesman for President Bush, declined to comment.

Union Banking was owned by a Dutch bank, Bank voor Handel en Scheepvaardt N.V., which was "closely affiliated" with the German conglomerate United Steel Works, according to an Oct. 5, 1942, report from the federal Office of Alien Property Custodian. The Dutch bank and the steel firm were part of the business and financial empire of Thyssen and his brother, Heinrich Thyssen-Bornemisza, the report said.

The 4,000 Union Banking shares owned by the Dutch bank were registered in the names of the seven U.S. directors, according a document signed by Homer Jones, chief of the division of investigation and research of the Office of Alien Property Custodian, a World War II-era agency that no longer exists.

E. Roland Harriman, the bank chairman and brother of former New York Gov. W. Averell Harriman, held 3,991 shares. Bush had one share.

Both Harrimans and Bush were partners in the New York investment firm of Brown Brothers, Harriman and Co., which handled the financial transactions of the bank as well as other financial dealings with several other companies linked to Bank voor Handel that were confiscated by the U.S. government during World War II.

Union Banking was seized by the government in October 1942 under the Trading with the Enemy Act.

No charges were brought against Union Banking's American directors. The federal government was too busy trying to fight the war, said Donald Goldstein, a professor of public and international affairs at the University of Pittsburgh.

"We did not have the resources to do these things," Goldstein said.

Fritz Thyssen broke with the Nazis in 1938 over their persecution of Catholics and Jews, and fled to Switzerland. He later was arrested and spent 1941 to 1945 in a Nazi prison. His brother lived in Switzerland from 1932 to 1947 but continued to operate businesses in Germany.

The new documents were first reported by freelance writer John Buchanan in The New Hampshire Gazette.

On the Net:


http://www.nhgazette.com/cgi-bin/NHGstore.cgi?user_action=detail&catalogno=NN_Bush_Nazi_2

“Bush - Nazi Dealings Continued Until 1951” - Federal Documents
By John Buchanan and Stacey Michael
from The New Hampshire Gazette Vol. 248, No. 3, November 7, 2003

After the seizures in late 1942 of five U.S. enterprises he managed on behalf of Nazi industrialist Fritz Thyssen, Prescott Bush, the grandfather of President George W. Bush, failed to divest himself of more than a dozen "enemy national" relationships that continued until as late as 1951, newly-discovered U.S. government documents reveal.

Furthermore, the records show that Bush and his colleagues routinely attempted to conceal their activities from government investigators.

Bush's partners in the secret web of Thyssen-controlled ventures included former New York Governor W. Averell Harriman and his younger brother, E. Roland Harriman. Their quarter-century of Nazi financial transactions, from 1924-1951, were conducted by the New York private banking firm, Brown Brothers Harriman.

The White House did not return phone calls seeking comment.

Although the additional seizures under the Trading with the Enemy Act did not take place until after the war, documents from The National Archives and Library of Congress confirm that Bush and his partners continued their Nazi dealings unabated. These activities included a financial relationship with the German city of Hanover and several industrial concerns. They went undetected by investigators until after World War Two.

At the same time Bush and the Harrimans were profiting from their Nazi partnerships, W. Averell Harriman was serving as President Franklin Delano Roosevelt's personal emissary to the United Kingdom during the toughest years of the war. On October 28, 1942, the same day two key Bush-Harriman-run businesses were being seized by the U.S. government, Harriman was meeting in London with Field Marshall Smuts to discuss the war effort.

Denial and Deceit

While Harriman was concealing his Nazi relationships from his government colleagues, Cornelius Livense, the top executive of the interlocking German concerns held under the corporate umbrella of Union Banking Corporation (UBC), repeatedly tried to mislead investigators, and was sometimes supported in his subterfuge by Brown Brothers Harriman.

All of the assets of UBC and its related businesses belonged to Thyssen-controlled enterprises, including his Bank voor Handel en Scheepvaart in Rotterdam, the documents state.

Nevertheless, Livense, president of UBC, claimed to have no knowledge of such a relationship. "Strangely enough, (Livense) claims he does not know the actual ownership of the company," states a government report.

H.D Pennington, manager of Brown Brothers Harriman and a director of UBC "for many years," also lied to investigators about the secret and well-concealed relationship with Thyssen's Dutch bank, according to the documents.

Investigators later reported that the company was "wholly owned" by Thyssen's Dutch bank.

Despite such ongoing subterfuge, U.S. investigators were able to show that "a careful examination of UBC's general ledger, cash books and journals from 1919 until the present date clearly establish that the principal and practically only source of funds has been Bank voor Handel en Scheepvaart."

In yet another attempt to mislead investigators, Livense said that $240,000 in banknotes in a safe deposit box at Underwriters Trust Co. in New York had been given to him by another UBC-Thyssen associate, H.J. Kouwenhoven, managing director of Thyssen's Dutch bank and a director of the August Thyssen Bank in Berlin. August Thyssen was Fritz's father.

The government report shows that Livense first neglected to report the $240,000, then claimed that it had been given to him as a gift by Kouwenhoven. However, by the time Livense filed a financial disclosure with U.S. officials, he changed his story again and reported the sum as a debt rather than a cash holding.

In yet another attempt to deceive the governments of both the U.S. and Canada, Livense and his partners misreported the facts about the sale of a Canadian Nazi front enterprise, La Cooperative Catholique des Consommateurs de Combustible, which imported German coal into Canada via the web of Thyssen-controlled U.S. businesses.

"The Canadian authorities, however, were not taken in by this maneuver," a U.S. government report states. The coal company was later seized by Canadian authorities.

After the war, a total of 18 additional Brown Brothers Harriman and UBC-related client assets were seized under The Trading with the Enemy Act, including several that showed the continuation of a relationship with the Thyssen family after the initial 1942 seizures.

The records also show that Bush and the Harrimans conducted business after the war with related concerns doing business in or moving assets into Switzerland, Panama, Argentina and Brazil - all critical outposts for the flight of Nazi capital after Germany's surrender in 1945. Fritz Thyssen died in Argentina in 1951.

One of the final seizures, in October 1950, concerned the U.S. assets of a Nazi baroness named Theresia Maria Ida Beneditka Huberta Stanislava Martina von Schwarzenberg, who also used two shorter aliases. Brown Brothers Harriman, where Prescott Bush and the Harrimans were partners, attempted to convince government investigators that the baroness had been a victim of Nazi persecution and therefore should be allowed to maintain her assets.

"It appears, rather, that the subject was a member of the Nazi party," government investigators concluded.

At the same time the last Brown Brothers Harriman client assets were seized, Prescott Bush announced his Senate campaign that led to his election in 1952.

Investigation Investigated?

In 1943, six months after the seizure of UBC and its related companies, a government investigator noted in a Treasury Department memo dated April 8, 1943 that the FBI had inquired about the status of any investigation into Bush and the Harrimans.

"I gave 'a memorandum' which did not say anything about the American officers of subject," the investigator wrote. "(Another investigator) wanted to know whether any specific action had been taken by us with respect to them."

No further action beyond the initial seizures was ever taken, and the newly-confirmed records went unseen by the American people for six decades.

What Does It All Mean?

So why are the documents relevant today?

"The story of Prescott Bush and Brown Brothers Harriman is an introduction to the real history of our country," says L.A. art book publisher and historian Edward Boswell. "It exposes the money-making motives behind our foreign policies, dating back a full century. The ability of Prescott Bush and the Harrimans to bury their checkered pasts also reveals a collusion between Wall Street and the media that exists to this day."

Sheldon Drobny, a Chicago entrepreneur and philanthropist who will soon launch a liberal talk radio network, says the importance of the new documents is that they prove a long pattern of Bush family war profiteering that continues today via George H.W. Bush's intimate relationship with the Saudi royal family and the bin Ladens, conducted via the super-secret Carlyle Group, whose senior advisers include former U.S. Secretary of State James A. Baker III.

In the post-9/11 world, Drobny finds the Bush-Saudi connection deeply troubling. "Trading with the enemy is trading with the enemy," he says. "That's the relevance of the documents and what they show."

Lawrence Lader, an abortion rights activist and the author of more than 40 books, says "the relevance lies with the fact that the sitting President of the United States would lead the nation to war based on lies and against the wishes of the rest of the world." Lader and others draw comparisons between President Bush's invasion of Iraq and Hitler's occupation of Poland in 1939 - the event that sparked World War Two.

However, others see an even larger significance.

"The discovery of the Bush-Nazi documents raises new questions about the role of Prescott Bush and his influential business partners in the secret emigration of Nazi war criminals, which allowed them to escape justice in Germany," says Bob Fertik, co-founder of Democrats.com and an amateur 'Nazi hunter.' "It also raises questions about the importance of Nazi recruits to the CIA in its early years, in what was called Operation Paperclip, and Prescott Bush's role in that dark operation."

Fertik and others, including former Justice Department Nazi war crimes prosecutor John Loftus, a Constitutional attorney in Miami, and a former Veterans Administration official, believe Prescott Bush and the Harrimans should have been tried for treason.

What Next?

Now, say Fertik and Loftus, there should be a Congressional investigation into the Bush family's Nazi past and its concealment from the American people for 60 years.

"The American people have a right to know, in detail, about this hidden chapter of our history," says Loftus, author of The Secret War Against the Jews. "That's the only way we can understand it and deal with it."

For his part, Fertik is pessimistic that even a Congressional investigation can thwart the war profiteering of the present Bush White House. "It's impossible to stop it," he says, "when the worst war profiteers are George W. Bush and Dick Cheney, who operate in secrecy behind the vast powers of the White House."

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John Buchanan is a journalist and magazine writer based in Miami Beach. He can be reached by e-mail at jtwg@bellsouth.net.

Stacey Michael is a New Orleans-based journalist and the author of Religious Conceit. His most recent book is Weapons of Mass Dysfunction: The Art of "Faith-Based" Politics, due in early 2004. He can be reached by email at staceymichael@religiousconceit.com.


"The British and US governments used known Nazi war criminals after the Second World War as spies, going to elaborate lengths to protect their identities. Previously classified documents yesterday confirmed that some were even granted American citizenship. The newly released CIA, FBI and Army records show that at least five associates of the notorious Gestapo leader, Adolf Eichmann, worked for the CIA. In addition, the records show that 23 war criminals or Nazis were approached by the CIA for recruitment. In other cases, the CIA, and other agencies who saw former Nazi war criminals and sympathisers as useful in fighting the rise of Communism across Europe, thwarted US immigration authorities from deporting or identifying Nazis living in America..... The records also shed new light on how the Nazi Government raised more than $20 million in foreign exchange between 1936 and 1941 with the help of US banks, particularly Chase National Bank (now JP Morgan Chase). US banks made more than $1.2 million in commissions."
Files show CIA gave jobs to Nazi criminals
London Times, 14 May 2004

"Officials probing U.S. intelligence agencies' recruitment of suspected Nazi war criminals or collaborators are facing resistance from the Central Intelligence Agency, the New York Times reported Monday. A 1998 law requires the officials to find material related to Nazi war criminals in the intelligence agencies' archives and flag it for declassification. The CIA has already released more than 1.2 million pages of documents, but refuses to provide the group with additional papers it has requested..... Declassified documents reveal that at least five associates of Nazi leader Adolf Eichmann worked for the CIA, according to historians who have examined them. A report the investigators published last May suggested that the United States allowed many Nazi war criminals and collaborators employed by the CIA to live within its borders after World War II."
Report: CIA ducks Congress' requests for Nazi files
Haaretz, 31 January 2005

"One of Hitler’s top intelligence officers, who ordered the murders of more than 100 British secret agents in concentration camps, was spared execution as a war criminal and selected to work for MI6.....To date, Britain has denied that it engaged in the dark arts used by the Americans, whose employment of Nazis to catch Communists has been well-documented. British intelligence sources pointed out that Kopkow was not in the league of 'the butcher of Lyons', a reference to Klaus Barbie, the most notorious war criminal employed by the Americans."
MI6 protected Nazi who killed 100 British agents
London Times, 14 May 2005