The people's voice. [volume] (Helena, Mont.) 1939-1969, 1944-05-19
International Finance


Next Monday the directors Bank of International
Settlements will hold meeting Base Switzer-
land Presiding president this august gathering Of
fnancers will be Thomas H. McKrck an American citizen
He will be directly representing the First National Bank of
New York City but will undoubtedly be carrying proxies of
other financial institutions of this country interested in this
superbank
Through occupation by the of most of Europe
the Hitler is in absolute control of the Bank of
Settlements Great Britain has two the board
drecors Montagu Norman former of the Bank
of England and the present governor Sir Otto Nemeyer
has ndustriaist member and there Swiss
banker Aside from these the II directors and executive
Germans Japanese Italians other European
bankers completely dominated by and sympathetic to the naz
1t the opinion of who have made thorough exam
of this seup that Dr. Schac the financial genius of
the naz regime the most influential in the conduct of
this international racket though he has not been
member of its board since 1888.
The latitude enjoyed by international capital clearly
by that all countries have agreed that its
executive officers and free and
restrictions imposed others during
They need not bother with ordinary passports and
Kitrck United States long he wants
when he wishes and anywhere and he
uses any visa, it is not known by whom issued.
has reported that when McKittrick back in
country year he stated interview that
the Bank of International Settlements was the most neutral
he himself the most neutral individual in the
world This probably all too true statement Inter-
national finance the individuals concerned with it know
boundaries The fact that his country was at war with
the countries controlling the institution meant nothing to him.
And strangely enough there condemnation the press
about statement Imagine the storm that would have been
raised labor leader had made statement like that
about himself.
bank notable the fact that only the few liberal
daily newspapers of the country carried statement made
international Settlements in November 1913
by Harry White monetary adviser of Secretary Mogentau
White said:
"'The BIS is German controlled. Germany is being
nice and hopes the bank into financial
power There American president (of the bank)
doing business with the Germans while American
boys fighting Germans"
The which the bank operates is indicated by
it's action honoring draft by Berlin against the $50 10000
which the Czechs had deposited with for safe
keeping This bullion reported to have been on
deposit of England and this institution appears
not to have as fnicy about releasing this bullion
was with the question whether let the Spanish republic
get hold funds the Spanish during
rebellion The Bank of England then found some
tenuou excuses why shouldn't release the funds at ALL
Buried in the files of the rules committee in congress
resolution March, 1943 asking the house banking
and committee investigate why American
of president of the bank of international
Setements representatives. of United Nations banking
institutions continue members and whether or not
there possibility of this bank being used to further
the designs and purposes of Axis powers"
report written by l. F. Stone for the liberal New York
daily makes statement with which most heartily
agree. He says
"By May of boys may be dying the
beachheads of Europe. 1t almost obscene
ly cynical that that representatives of Amer
lean English bankers should be sitting down with
Japanese nazi bankers share the banks cent
annual dividend"