The US Corporations Who Armed Hitler’s Army

Conjuring Hitler

Guido Giacomo Preparata

Pluto Press (2005)

Book Review

Available free online via the Internet Archive: https://archive.org/details/conjuringhitlerh0000prep_p5u8/

Part 2 (see https://stuartbramhall.wordpress.com/2022/10/22/how-the-anglo-american-elite-created-hitler/

The second half of this book details the unique privilege enjoyed by private and central banks (the ability to create money out of thin air) and the immense power this gives them.

I was fascinated to learn (from declassified sources) the simultaneous steps taken by the Bank of England and the Federal Reserve to deliberately crash the global economy, both in 1920 and in 1929. Moreover prior to reading this book, I previously had no idea the reason the Bank of International Settlements was created in 1930 was to “privatize” Germany’s reparations under the Versailles Treaty (ie to sell the debt to private investors).

The author also really scrupulously details the role played by the Britain, the US and (surprisingly) the Soviet Union  in financing both the Nazi movement and the rearmament of Germany (in violation of the Versailles Treaty). The primary rationale for the massive Western support Hitler received was a desire to see the Nazis bring down Russia’s Bolshevik government. Stalin’s motivation for supporting the Nazis remains a mystery.

Between 1919-1923, the Nazis were mainly funded by secret German army funds and between 1923 and 1933, by German industrialists. Beginning in 1934 (Hitler was appointed chancellor in 1933), they received US corporate funding through Union Banking Corp, which was subsidized by Harriman Brothers under the direction of George W Bush’s grandfather Prescott Bush. From 1935 on, the Anglo-German Society (founded by Unilever, Dunlop Rubber and British Petroleum) also heavily subsidized them.

In 1933, the US ambassador to Germany reported to Roosevelt that DuPont, Standard Oil and International Harvester were all heavily invested in German rearmament despite a German law that banned them from repatriating their profits to the US. In 1934-35, Hitler received US airplanes and engines from General Motors. ITT and Ford also invested heavily in the German war industry. By 1941, total US investment in the Nazi war effort was $475 million.

After 1933, Nazi Germany was Britain’s main trading partner, as the UK granted millions in new credit to the Nazis (to create a market for British exports.

Preparata also describes what he refers to as a split between Churchill’s Anti-Nazi Party* and the bipartisan Peace Party, which included overt and covert Nazi sympathizers like Lloyd George, Neville Chamberlain, Anthony Eden and Edward VIII (who subsequently abdicated).

Under Neville Chamberlain, the UK government mandated Czechoslovakia (who had the greater military strength) to allow Hitler to annex their country.

The book also notes that Churchill kept the Nazi appeasers in his cabinet and prohibited the RAF from bombing German land forces or munitions factory during the Battle for France. It remains a mystery how the 1.5 million Anglo/French forces failed to deter the 350,000 Nazi troops who invaded France and how the most powerful Navy in the world failed to maintain an effective blockade against supplies and munitions reaching German forces in France.

Another so-called mystery is the decision (despite US entry into World War II in December 1947) for combined US, UK and French forces to postpone their invasion of Normandy until the Soviet Union had essentially decimated Hitler’s army.

[1] The so-called “Anti-Nazi Party” refers to Churchill’s attempts between 1935-37 to form a cross party anti-Nazi alliance.