Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

jakeXT

(10,575 posts)
Sat Apr 26, 2014, 07:22 AM Apr 2014

The Dulles Brothers, Harry Dexter White, Alger Hiss, and the Fate of the Private Pre-War Internation

The Dulles Brothers, Harry Dexter White, Alger Hiss, and the Fate of the Private Pre-War International Banking System

by Peter Dale Scott

...

An Overview of This Essay

It has long been known that Nixon, in his interrogation of White and Hiss, was being fed information by FBI agents acting with the approval of J. Edgar Hoover. This essay will argue that Nixon also received assistance from the Dulles brothers, especially in a key meeting between the three men on August 11, 1948, five days before White’s untimely and disputed death.

At stake in the meeting was the Republican campaign of 1948, the first campaign, ultimately unsuccessful, in which “the GOP dubbed the Democrats ‘the party of treason.’”4 But deeper issues were also at stake. As we shall see, Harry Dexter White, backed by Treasury Secretary Henry Morgenthau, had his own candidates for treasonable behavior: above all Allen Dulles’s friend and former OSS agent, Thomas McKittrick, the American wartime president of the Bank of International Settlements in Basel, Switzerland.5

The BIS had handled Nazi looted gold when other banks had refused to do so, and at the war’s end McKittrick was “arranging deals with Nazi industrialists to guarantee their profits after the war was over.”6 In contrast, the Morgenthau-White Plan for postwar Germany called for the country to be deindustrialized and the power of the German cartels to be broken. The pre-war banking system linking American bankers to those who had backed Hitler was also to be demolished: the meeting of Allies at Bretton Woods in July 1944, organized largely by White, had passed a resolution calling for the dissolution of the BIS “at the earliest possible moment.”

A version of the Morgenthau-White Plan was approved by Truman in May 1945 as JCS (Joint Chiefs of Staff policy) 1067, which directed the U.S. forces of occupation in Germany to "...take no steps looking toward the economic rehabilitation of Germany."7

But both McKittrick and Allen Dulles had a quite antithetical vision for Germany – that its economy should indeed be rehabilitated, and eventually made the underpinning for a more united Western Europe.

...

http://japanfocus.org/-Peter_Dale-Scott/4109

1 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
The Dulles Brothers, Harry Dexter White, Alger Hiss, and the Fate of the Private Pre-War Internation (Original Post) jakeXT Apr 2014 OP
A John J. McCloy kick, for connecting datadumps-I'm not one of the DU Peter Dale Scott detractors bobthedrummer May 2014 #1
 

bobthedrummer

(26,083 posts)
1. A John J. McCloy kick, for connecting datadumps-I'm not one of the DU Peter Dale Scott detractors
Mon May 5, 2014, 03:23 PM
May 2014

John J. McCloy (Wikipedia page)
http://en.wikipedia.org/wiki/John_J._McCloy

Latest Discussions»Issue Forums»Editorials & Other Articles»The Dulles Brothers, Harr...