Monday, October 18, 2021
War is a Racket     Source
war is a racket cover

Published in 1933 by retired Marine Major General Smedley Butler, War is a Racket is a classic exposé of the role of Wall Street profiteering in instigating war.

  • Butler’s book begins with the startling statistic that World War I created 21,000 new millionaires and billionaires.
  • President Woodrow Wilson borrowed (from Wall Street banks) the $50+ billion to pay for World War I, increasing the national debt from $1 billion to $52 billion.
  • Of this amount, $16 billion was pure profit.
  • Butler lists specific companies, starting with Du Pont and US Steel, and the obscene profits they made from World War I.
Trading with the Enemy     Source
Trading with the Enemy - cover

Here is the extraordinary true story of the American businessmen and government officials who dealt with the Nazis for profit or through conviction throughout the Second World War — Ford • Standard Oil • Chase Bank • members of the State Department — were among those who shared in the spoils.

Meticulously documented and dispassionately told, this is an alarming story.  At its centre is ‘The Fraternity’, an influential international group associated with the Rockefeller or Morgan banks and linked by the ideology of Business as Usual.

Charles Higham starts with an account of the Bank for International Settlements in Basel, Switzerland — a Nazi-controlled bank presided over by an American, Thomas H. McKittrick, even in 1944.  While Americans were dying in the war, McKittrick sat down with his German, Japanese, Italian, British and American executive staff to discuss the gold bars that had been sent to the Bank earlier that year by the Nazi government for use by its leaders after the war.  This was gold that had been looted from the banks of Austria, Belgium, and Czechoslovakia or melted down from teeth fillings, eyeglass frames, and wedding rings of millions of murdered Jews.

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.

Contents

Acknowledgments
Preface
1 A Bank for All Reasons
2 The Chase Nazi Account
3 The Secrets of Standard Oil
4 The Mexican Connection
5 Trickery in Texas
6 The Telephone Plot
7 Globes of Steel
8 The Film Conspiracy
9 The Car Connection
10 The Systems Tycoon
11 The Diplomat, the Major, the Princess, and the Knight  
12 The Fraternity Runs for Cover
Appendices
Selective Bibliography
Select Documentary Sources
Selected Documents
iii
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61
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82
 
88
89
101
Copyright

Published by
Delacorte Press
1 Dag Hammarskjold Plaza
New York, N.Y. 10017

Copyright © 1983 by Charles Higham

All rights reserved. No part of this book may be reproduced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording or by any information storage and retrieval system, without the written permission of the Publisher, except where permitted by law.

Manufactured in the United States of America
9876543

Library of Congress Cataloging in Publication Data
Higham, Charles, 1931-
Trading with the enemy.

ISBN 0-440-09064-4

The Horrific Processes of Reciprocal Self Destruction   Source
guernica - pablo picasso
Guernica by Pablo Picasso

“… it was possible sometimes to observe very strange manifestations of theirs, that is, from time to time they did something which was never done by three-brained beings on other planets, namely, they would suddenly, without rhyme or reason, begin destroying one another’s existence. … from this horrible process of theirs their numbers rapidly diminished. …” (Beelzebub’s Tales, p. 91)

“I must tell you that the chief particularity of the psyche of your favorites, namely, the ‘periodic-need-to-destroy-the-existence-of-others-like-oneself,’ interested me more and more with every succeeding century of theirs, and side by side with it the irresistible desire increased in me to find out the exact causes of a particularity so phenomenal for three-brained beings.” (Beelzebub’s Tales, p. 318)

Generals live by Omerta   Various
austin - milley

Nearly 100 retired generals and admirals are demanding that US Defense Secretary (and former Raytheon board member) Lloyd Austin and Chairman of the Joint Chiefs of Staff Mark Milley resign immediately over the botched Afghanistan withdrawal.