PROOF THAT DAVID ROCKEFELLER IS A TRAITOR AND ENEMY

http://sandiego.indymedia.org/media/2007/02/125033.pdf

pdf file of United States Senate, Transfer of United States High Technology to the Soviet Union and Soviet Bloc Nations, Hearings before the Permanent Subcommittee on Investigations, 97th Congress Second Session, May 1982, Washington, D.C., p. 263.

CHAPTER III
The Deaf Mutes Supply Trucks for Afghan Genocide
"The (American) businessmen who built the Soviet Kama River truck plant
should be shot as traitors." — Avraham Shifrin, former Soviet Defense
Ministry official
Although the military output from Gorki and ZIL was well known to U.S. intelligence and
therefore to successive administrations, American aid for construction of even large military
truck plants was approved in the 1960s and 1970s.
Under intense political pressure from the deaf mute blindmen, U.S. politicians, particularly
in the Johnson and Nixon administrations under the prodding of Henry Kissinger (a longtime
employee of the Rockefeller family), allowed the Togliatti (Volgograd) and Kama
River plants to be built.
The Volgograd automobile plant, built between 1968 and 1971, has a capacity of 600,000
vehicles per year, three times more than the Ford-built Gorki plant, which up to 1968 had
been the largest auto plant in the USSR.
Although Volgograd is described in Western literature as the "Togliatti plant" or the "Fiat-
Soviet auto plant," and does indeed produce a version of the Fiat-124 sedan, the core of the
technology is American. Three-quarters of the equipment, including the key transfer lines
and automatics, came from the United States. It is truly extraordinary that a plant with
known military potential could have been equipped from the United States in the middle of
the Vietnamese War, a war in which the North Vietnamese received 80 percent of their
supplies from the Soviet Union.
The construction contract, awarded to Fiat S.p.A., a firm closely associated with Chase
Manhattan Bank, included an engineering fee of $65 million. The agreement between Fiat
and the Soviet government included:
The supply of drawing and engineering data for two automobile models,
substantially similar to the Fiat types of current production, but with the
modifications required by the particular climatic and road conditions of the
country; the supply of a complete manufacturing plant project, with the
definition of the machine tools, toolings, control apparatus, etc.; the supply of
the necessary know-how, personnel training, plant start-up assistance, and other
similar services.
All key machine tools and transfer lines came from the United States. While the tooling and
fixtures were designed by Fiat, over $50 million worth of the key special equipment came
from U.S. suppliers. This included:
1. Foundry machines and heat-treating equipment, mainly flask and core
molding machines to produce cast iron and aluminum parts and continuous
heat-treating furnaces.
2. Transfer lines for engine parts, including four lines for pistons, lathes, and
grinding machines for engine crank-shafts, and boring and honing machines for
cylinder linings and shaft housings.
3. Transfer lines and machines for other components, including transfer lines
for machining of differential carriers and housing, automatic lathes, machine
tools for production of gears, transmission sliding sleeves, splined shafts, and
hubs.
4. Machines for body parts, including body panel presses, sheet straighteners,
parts for painting installations, and upholstery processing equipment.
5. Materials-handling, maintenance, and inspection equipment consisting of
overhead twin-rail Webb-type conveyors, assembly and storage lines, special
tool 'sharpeners for automatic machines, and inspection devices.
Some equipment was on the U.S. Export Control and Co-Corn lists as strategic, but this
proved no setback to the Johnson Administration: the restrictions were arbitrarily
abandoned. Leading U.S. machine-tool firms participated in supplying the equipment:
TRW, Inc. of Cleveland supplied steering linkages; U.S. Industries, Inc. supplied a "major
portion" of the presses; Gleason Works of Rochester, New York (well known as a Gorki
supplier) supplied gear-cutting and heat-treating equipment; New Britain Machine
Company supplied automatic lathes. Other equipment was supplied by U.S. subsidiary
companies in Europe and some came directly from European firms (for example, Hawker-
Siddeley Dynamics of the United Kingdom supplied six industrial robots). In all,
approximately 75 percent of the production equipment came from the United States and
some 25 percent from Italy and other countries in Europe, including U.S. subsidiary
companies.
In 1930, when Henry Ford undertook to build the Gorki plant, contemporary Western press
releases extolled the peaceful nature of the Ford automobile, even though Pravda had
openly stated that the Ford automobile was wanted for military purposes. Notwithstanding
naive Western press releases, Gorki military vehicles were later used to help kill Americans
in Korea and Vietnam.
In 1968 Dean Rusk and Wait Rostow once again extolled the peaceful nature of the
automobile, specifically in reference to the Volgograd plant. Unfortunately for the
credibility of Dean Rusk and Wait Rostow, there exists a proven military vehicle with an
engine of the same capacity as the one produced at the Volgograd plant. Moreover, we have
the Gorki and ZIL experience. Further, the U.S. government's own committees have stated
in writing and at detailed length that any motor vehicle plant has war potential. Even
further, both Rusk and Rostow made explicit statements to Congress denying that
Volgograd had military potential.
It must be noted that these Executive Branch statements were made in the face of clear and
known evidence to the contrary. In other words, the statements can only be considered as
deliberate falsehoods to mislead Congress and the American public.
It was argued by Washington politicians that a U.S. jeep engine is more powerful than the
engine built at Togliatti. The engine is indeed about two-thirds as powerful as the jeep
engine, but a proven vehicle of excellent capabilities utilizing a 1,500 cc. 4-cylinder Opel
engine developing 36 horsepower: this same engine later powered the Moskvitch-401 and
the Moskvitch-402 (Moskva) military cross-country 4-wheel drive version of the 401,
produced at the MZMA in Moscow.
In brief, there already existed a tested and usable military vehicle capable of transporting
men or adaptable for weapons use and powered by a !,500 cc. engine, the same size as the
engine supplied for Togliatti. Therefore statements by U.S. officials to the effect that the
Togliatti plant has no military capabilities are erroneous.
Military possibilities for such a small engine include use in a special-purpose small military
vehicle (like the American jeep), or as a propulsive unit in a specially designed vehicle for
carrying either personnel or weapons. Soviet strategy is currently toward supply of wars of
"national liberation." The Togliatti vehicle is an excellent replacement for the bicycle used
in Vietnam. The GAZ-46 is the Soviet version of the U.S. jeep, and we know that such a
vehicle figures in Soviet strategic thinking.
The War Potential of the Kama Truck Plant
Up to 1968 American construction of Soviet military truck plants was presented as
"peaceful trade." In the late 1960s Soviet planners decided to build the largest truck factory
in the world. This plant, spread over 36 square miles situated on the Kama River, has an
annual output of 100,000 multi-axle 10-ton trucks, trailers, and off-the-road vehicles. It was
evident from the outset, given absence of Soviet technology in the automotive industry, that
the design, engineering work, and key equipment for such a facility would have to come
from the United States.
In 1972, under President Nixon and National Security Adviser Henry Kissinger, the
pretense of "peaceful trade" was abandoned and the Department of Commerce admitted
(Human Events, Dec. 1971) that the proposed Kama plant had military potential. Not only
that, but according to a department spokesman, the military capability was taken into
account when the export licenses were issued for Kama.
The following American firms received major contracts to supply production equipment for
the gigantic Kama heavy truck plant:
Glidden Machine & Tool, Inc., North Tonawanda, New York — Milling
machines and other machine tools.
Gulf and Western Industries, Inc., New York, N.Y. — A contract for $20
million of equipment.
Holcroft & Co., Kovinia, Michigan — Several contracts for heat treatment
furnaces for metal parts.
Honeywell, Inc., Minneaspolis, Minnesota — Installation of automated
production lines and production control equipment.
Landis Manufacturing Co., Ferndale, Michigan — Production equipment for
crankshafts and other machine tools.
National Engineering Company, Chicago Illinois — Equipment for the
manufacutre of castings.
Swindell-Dresser Company (a subsidy of Pullman Incorporated), Pittsburgh,
Pennsylvania — Design of a foundry and equipment for the foundry, including
heat treatment furnaces and sine;ting equipment under several contracts ($14
million).
Warner & Swazey Co., Cleveland, Ohio — Production equipment for
crankshafts and other machine tools.
Combustion Engineering: molding machines ($30 million). Ingersoll Milling
Machine Company: milling machines.
E. W. Bliss Company
Who were the government officials responsible for this transfer of known military
technology? The concept originally came from National Security Adviser Henry Kissinger,
who reportedly sold President Nixon on the idea that giving military technology to the
Soviets would temper their global territorial ambitions. How Henry arrived at this gigantic
non sequitur is not known. Sufficient to state that he aroused considerable concern over his
motivations. Not least that Henry had been a paid family employee of the Rockefellers since
1958 and has served as International Advisory Committee Chairman of the Chase
Manhattan Bank, a Rockefeller concern.
The U.S.-Soviet trade accords including Kama and other projects were signed by George
Pratt Shultz, later to become Secretary of State in the Reagan Administration and long
known as a proponent of more aid and trade to the Soviets. Shultz is former President of
Bechtel Corporation, a multi-national contractor and engineering firm.
American taxpayers underwrote Kama financing through the Export-Import Bank. The head
of Export-Import Bank at that time was William J. Casey, a former associate of Armand
Hammer and now (1985) Director of the Central Intelligence Agency. Financing was
arranged by Chase Manhattan Bank, whose then Chairman was David Rockefeller. Chase is
the former employer of Paul Volcker, now Chairman of the Federal Reserve Bank. Today,
William Casey denies knowledge of the military applications (see page 195), although this
was emphatically pointed out to official Washington 15 years ago.
We cite these names to demonstrate the tight interlocking hold proponents of miltiary aid to
the Soviet Union maintain on top policy making government positions.
On the other hand, critics of selling U.S. military technology have been ruthlessly silenced
and suppressed.
Critics of Kama Silenced and Suppressed
For two decades rumors have surfaced that critics of aid to the Soviet Union have been
silenced. Back in the 1930s General Electric warned its employees in the Soviet Union not
to discuss their work in the USSR under penalty of dismissal.
In the 1950s and 1960s IBM fired engineers who publicly opposed sale of IBM computers
to the USSR.
Let's detail two cases for the record; obviously this topic requires Congressional
investigation. At some point the American public needs to know who has suppressed this
information, and to give these peri sons an opportunity to defend their actions in public.
The most publicized case is that of Lawrence J. Brady, now Assistant Secretary of
Commerce for Trade Administration. Ten years ago Brady was a strong critic of exporting
the Kama River truck technology. In his own words (in 1982 before a Senate Investigating
Committee) is Brady's view on Kama River.
Mr. Brady: Mr. Chairman, it is a privilege for me to be here again. I have
testified before this subcommittee previously. As a matter of fact, it is 3 years
ago this month that I testified over on the House side before the House Armed
Services Committee in which I disagreed with the political appointees of the
Carter administration and indicated that the technology which we were
licensing to the Soviet Union, specifically for the Kama River plant, was being
diverted to the Soviet military. It is 10 years ago this month that the President
of the United States inaugurated the era of detente with a trip to Moscow.
A central component of that historic trip was the hope that greatly expanded
trade ties between the East and the West would lead to mutual cooperation and
understanding.
Obviously, those hopes have not taken place. In that 10-year period, as we in
the administration have indicated in the last year, we have been exploited both
legally and illegally by the Soviet Union and Eastern Europe. This technology
which has helped the Soviet immensely in their military industrial infrastruture.
Again, 3 years ago, I personally disclosed the failures of the Commerce
Department in the licensing process, referring to it, as I said in my testimony,
as a shambles.12
Brady went on to note that his reward for surfacing vital information was criticism and
suppression.
Chairman Roth [presiding]: Thank you, Mr. Brady. Mr. Brady, the members
of the subcommittee are, of course, aware of your personal commitment to this
important area, but | believe it is important that the record reflect fully your
position on the specific question of export technology and particularly
reference the efforts some years ago to help the Soviet Union construct some
trucking facilities.
Would you, for the purposes of the record, explain your role in this matter?
Mr. Brady: Mr. Chairman, about 3 years ago, the Export Administration Act
was up for review for extension. As part of that review, the House Armed
Services Committee decided that it was going to hold hearings on that
extension, in addition to the committee of appropriate jurisdiction, namely the
Foreign Affairs Committee on the House side.
There were some statements being made on both sides in Congress that were not totally
consistent with the facts. We had intelligence information that trucks were being produced
at the Kama River plant for the Soviet military and, in fact, being distributed to Eastern
Europe for use in East European endeavors.
An administration witness was asked about that and denied it. I was asked about it and
confirmed it. And, as a result of that, I was labeled a whistleblower and eventually left the
Department of Commerce. In point of fact, that was the tip of the iceberg. There had been
apparently intelligence through the 1970s, particularly the latter half of the seventies,
indicating that there was substantial diversion taking place (and) . . . for some reason the
intelligence just didn't get to the top. So that was my role. I eventually had to leave
Government for it.13
However, Mr. Brady was unaware of a similar and much earlier story of suppression in the
Kama case which paralleled his own.
In the years 1960-1974 this writer authored a three volume series, Western Technology and
Soviet Economic Development, published between 1968 and 197:3 by the Hoover
Institution, Stanford University, where the author was Research Fellow. This series
cataloged the origins of Soviet technology from 1917 down to the early 1970s. The series
excluded the military aspects of technical transfers. However, the work totally contradicted
U.S. Government public statements. For example, in 1963 State Department claimed in its
public pronouncements that all Soviet technology was indigenous, a clear misunderstanding
or dismissal of the facts.
By the early 1970s it was clear to this author that a significant part of Soviet military
capability also came from the West, even though this assessment was also refuted by U.S.
government analysts. Quietly, without government or private funding, this author
researched and wrote National Suicide: Military Aid to the Soviet Union. The manuscript
was accepted by Arlington House. Both author and publisher maintained absolute silence
about the existence of the manuscript until publication date.
When news of publication reached Stanford, there was immediate reaction — a hostile
reaction. A series of meetings was called by Hoover
Institution Director W. Glenn Campbell. Campbell's objectives were:
1) to withdraw the book from publication,
2) failing that, to disassociate Hoover Institution from the book and the author.
Campbell initially claimed that National Suicide was a plagiarism of the author's works
published by Hoover. This was shown to be nonsense. In any event an author can hardly
plagiarize himself. The objective, of course, was to persuade author and publisher to
withhold publication. Both the author and Arlington House refused to withdraw the book
and continued with publication. The book was published and sold over 50,000 copies.
After the unsuccessful attempt at suppression Glenn Campbell arbitrarily removed the title
Research Fellow from the author and removed both his name and that of his secretary from
the personnel roll of the Hoover Institution. This effectively disassociated Hoover
Institution from the book and its contents. The author became a non-person. Two years later
the author voluntarily left Hoover Institution and assumed a private role unconnected with
any research foundation or organization. These events happened some years before Mr.
Brady of Commerce took his own personal stand and suffered a similar fate.
By a strange quirk of fate, Glenn Campbell is today Chairman of Mr. Reagan's Intelligence
Oversight Committee.
Who were the Deaf Mute Blindmen at Kama River?
Clearly, the Nixon Administration at the highest levels produced more than a normal
number of deaf mutes — those officials who knew the story of our assistance to the Soviets
but for their own reasons were willing to push forward a policy that could only work to the
long run advantage of the United States. It is paradoxical that an Administration that was
noisy in its public anti-communist stance, and quick to point out the human cost of the
Soviet system, was also an Administration that gave a gigantic boost to Soviet military
truck capacity.
Possibly campaign contributions had something to do with it. Multina-tionals listed below
as prime contractors on Kama River were also major political contributors. However, the
significant link never explored by Congress is that Henry Kissinger, the key promoter of the
Kama River truck plant at the policy level, was a former and long-time employee of the
Rockefeller family — and the Rockefellers are the largest single shareholders in Chase
Manhattan Bank (David was then Chairman of the Board) and Chase was the lead
financier for Kama River. This is more than the much criticised "revolving door." It is
close to an arm's length relationship, i.e., the use of public policy for private ends.
Here are the corporations with major contracts at Kama River, listed with the name and
address of the Chairman of the Board in 1972.
GULF & WESTERN INDUSTRIES, INC.
1 Gulf and Western Plaza, New York NY 10023
Tel. (212) 333-7000
Chairman of the Board: Charles G. Bluhdorn
Note: Charles Bluhdorn is also a Trustee of Freedoms Foundations
at Valley Forge and Chairman of Paramount Pictures Corp.
E. W. BLISS CO. (a subsidiary of Gulf & Western)
217 Second Street NW, Canton, Ohio 44702
Tel. (216) 453-7701
Chairman of the Board: Carl E. Anderson
Note: Carl E. Anderson is also Chairman of the American-Israel
Chamber of Commerce & Industry
COMBUSTION ENGINEERING, INC.
277 Park Avenue, New York, NY 10017
Tel. (212) 826-7100
Chairman of the Board: Arthur J. Santry, Jr.
HOLCROFT AND COMPANY
12062 Market Street, Livonia, Mich. 48150
Tel. (313) 261-8410
Chairman of the Board: John A. McMann
HONEYWELL, INC.
2701 4th Avenue S., Minneapolis, Minn. 55408
Tel. (612) 332-5200
Chairman of the Board: James H. Binger
INGERSOLL MILLING MACHINE COMPANY
707 Fulton Street, Rockford, ILL 61101
Tel. (815) 963-6461
Chairman of the Board: Robert M. Gaylord
NATIONAL ENGINEERING CO.
20 N. Wacker Drive, Chicago, ILL 60606
Tel. (312) 782-6140
Chairman of the Board: Bruce L. Simpson
PULLMAN, INC.
200 S. Michigan Ave., Chicago, ILL 60604
Tel. (312) 939-4262
Chairman of the Board: W. Irving Osborne, Jr.
SWINDELL-DRESSLER CO. (Division of Pullman, Inc.)
441 Smithfield Street, Pittsburgh, PA 15222
Tel. (412) 391-4800
Chairman of the Board: Donald J. Morfee
WARNER & SWAZEY
11000 Cedar Avenue, Cleveland, Ohio 44106
Tel. (216) 431-6014
Chairman of the Board: James C. Hodge
CHASE MANHATTAN BANK
Chairman of the Board: David Rockefeller
Footnotes:
12United States Senate, Transfer of United States High Technology to the Soviet Union and
Soviet Bloc Nations, Hearings before the Permanent Subcommittee on Investigations, 97th
Congress Second Session, May 1982, Washington, D.C., p. 263.
13Ibid., pp. 267-8.

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Even more incredibly, the Times reveals:
Last month, Tower International reached a tentative
New York Times January 16 1967
Eaton Joins Rochefellers To Spur Trade With Reds.Cleveland and New York Financers to set up an East-West ExchangeAgreement with the Soviet patent and licensing organization Licensintorg, covering future licensing and patent transactions. Until now, Mr. Eaton said, the Russians have left the buying and selling of licenses and patents to the Amtorg Trading Corporation, the official Soviet agency in this country for promoting Soviet-American trade.
This means that the Rockefellers and Eatons have a monopoly on the transfer of technological capability to the supposed enemies of the super-rich, the Soviet Union. According to the Times:
Mr. Eaton acknowledged the difficulties that Amtorg’s representatives had encountered here in trying to arrange licensing agreements with American companies.” As you can imagine,” he said, ” it is almost impossible for a Russian to walk into the research department of an American aerospace company and try to arrange the purchase of a patent.”
Certainly every loyal American will say to himself, ” Well, I would hope to God the Soviets couldn’t walk into our defense plants and buy a patent.” The Rockefellers and the Eatons have solved that problem for the Communists. Now, instead of dealing with an official agency of the Soviet government, American concerns will be dealing with the Rockefellers. You can imagine how many doors that will open to the Communists!
Thus, by the purchase of patents for the Communists, the Rockefellers are virtually in charge of research and development for the Soviet military machine. Their goal is to enable the Soviets to mass-produce American developments. And let us emphasize that the transfer of such technical knowledge is even more important than the sale of weapons. Ammunition is used once, then it is gone. Weapons break down, vehicles need replacement parts, and sophisticated arms are not easy to produce in a backward economy, no matter how much manpower is available.
While the trade doors were, opened during the LBJ Administration, the advent of détente under the Nixon Kissinger era produced an open house in American plants
and research labs for the Red traders. Now, a process that may have taken an American corporation a decade to develop is transferred in toto to the Communists. Does it make sense to spend $90 billion a year on national defense and then deliberately to increase the war-making potential of an avowed enemy? It does to Mr. Rockefeller and the Insiders.
Since the Rockefellers now have an exclusive contract to supply American patents to the Soviets, they are by dictionary definition agents of the Big Red Machine. lt goes without saying that they are the most important Communist agents in history. Or perhaps it would be more accurate to define the Communists as Rockefeller agents?
An increasingly important tool for the looting of America by the Rockefellers and their cohorts is the Export-Import Bank, known as Eximbank. lt was established in 1934 to finance and promote trade with the Soviet Union. But it wasn’t until Richard Nixon signed a -Presidential Determination- on October 18, 1972, that the Eximbank began to finance trade with the Soviets.
The process by which the Eximbank works is simple enough. An US exporter goes to his own bank, which makes arrangements for the Eximbank to loan money to the exporter’s foreign buyer. Eximbank then grants a credit to the American bank, which in turn pays the US exporter. Thus the exporter is immediately paid, the American bank is cut in on the deal, and the foreign importer gets a subsidized interest rate.
Who pays the interest subsidy? You hardly need ask. The US taxpayer pays it through Treasury grants to the Eximbank. While most Americans consider themselves lucky if they can arrange to borrow money for less than twelve % interest, and even the prime rate (the rate at which the largest American corporations with the best credit rating can borrow) is as high as ten %, the Eximbank has been making loans to foreigners at six % interest. The difference is a four % subsidy to any foreigner who buys our goods.
What happens if the foreign buyer defaults? Auf Wiedersehen. Adios. Sayonara. If the customer sneaks out of the restaurant without paying the check, the waiter puts the arm on the American taxpayer who, once again, picks up the tab. How would you like to be in a business in which the government paid you in full for all sales and accepted the responsibility for collecting all accounts receivable? As the late General Thomas Lane noted:
In this system, the U.S. exporter has nothing to lose by sales to bad credit risks. The US commercial bank has nothing to lose. The inclination therefore under our profit system is to sell products to anyone who will sign a loan agreement which you can run by the Eximbank. Irresponsibility is rewarded …
It is an old story. Public money is nobody’s money. As a sense of civic responsibility declines, the public money is used to private advantage [often the Rockefellers].
As with other free enterprisers, we favor foreign trade. But when American exporters ask the taxpayers to take the risks while they take a guaranteed profit, it is not trade but looting. lt is as though you were an automobile dealer with an exclusive to sell Cadillacs to deadbeats in Chad, and you had a guarantee that American taxpayers would make all payments the Chads defaulted. Assuredly, you could” sell-a lot of cars that way. You could unload every Cadillac General Motors could produce! And you wouldn’t care a fig whether the customer ever pays for the car.
Shortly after the May 1972 Summit Conference in Moscow, the Nixon Administration began pushing to extend the credit of the US taxpayers directly to the Soviets. As part of the Nixon-Kissinger détente, Congress was to extend to the Bolsheviks tariff status as a ” Most Favored Nation,- and Eximbank loans were to be arranged for the transfer of the most advanced American technology to Russia and for the development of Soviet energy sources. A UPI release dated July 17, 1973,provides the explanation David Rockefeller gave for such outrages:
David Rockefeller, board chairman of Chase Manhattan Bank, urged Congress Tuesday to grant most favored nation trading status to the Soviet Union, claiming the move could help slow the arms race. “The desire of the Soviets to use Western trade, credits and technology to bolster their own economy hopefully could be accompanied by their giving lower priority to military programs,” Rockefeller testified . . . “We haven’t stopped the arms race by withholding exports (in the past),” he said.
David told an audience in Rome that he would replace the Iron Curtain with” a plate-glass curtain.” He claimed -Better communication and then understanding through expanding trade are ingredients of world peace.” Just a the scrap metal we sold Japan before Pearl Harbor helped bring peace!
So far, Most Favored Nation status has not bee granted by Congress because of publicity about Russia’ policy of refusing emigration by Soviet Jews to Israel. But the sluice gates for loans have been opened. Already legal counselor for Eximbank, under pressure from President Nixon and Secretary of State Henry Kissinger has pushed the bank’s directors to approve questionable loans to the Reds.
As part of the massive effort to build the Communist economy by looting the United States, on credit, Richard Nixon appointed William Casey as president of the Export-Import Bank. Casey, a member of the Rockefeller-controlled CFR, is the perfect man for the job that Kissinger and the Rockefellers have in mind. As part of his goal of promoting” trade-with the Communists, last year he told the Society of American Business Writers:
To implement this vital aspect of our overall foreign policy, our Ambassadors to Communist nations have been instructed to put trade promotion at the top of their list of priorities. Shortly we will have doubled the number of State Department employees serving in commercial positions in the USSR, eastern Europe and [Communist] China.
Naturally the Communists are delighted to have the American super-capitalists build
factories for them as long as the American taxpayers agree to pick up the tab when he Commissars default. It is foreign aid in a big, big way!
The first of the giant projects we are inflating our currency to build on credit for our Bolshevik brothers is he Kama River factory, which is to be the largest producer of trucks in the world. But please don’t mention hat trucks are the backbone of modern military operations, and that during open warfare truck factories re quickly converted to build tanks. If you do so, Liberals will look at you as if you have four heads and nine eyes.
The Kama River factory will produce 150,000 heavy rucks and 150,000 heavy engines per year. This output is greater than the combined production of such trucks by all factories in the United States. The complex is being built by a division of the Pullman Company at a cost of two million dollars. The Soviets are going to put up ten % of the cash for the project, while David Rockefeller’s Chase Manhattan Bank and the Export-Import Bank will each advance forty-five %.
To say that Eximbank is bending over backwards with our tax dollars to accommodate the Soviets is like saying hat J. Paul Getty is fairly confident his personal cheque won’t bounce. On Exim’s usual loans, repayments must tart in three to five or, at the most, seven years. The repayment period for this loan is twelve years, with a race period of 4.5 years. Which means that it will be 16.5 ears, if ever, before anyone sees the first payment! Try to get that kind of a deal as an American businessman … at six % interest.
And what happens when the Comrades don’t pay? Do we foreclose and repossess the factory? That’s about as practical as growing bananas in Minnesota. Krupp, the German industrial giant, almost collapsed as a result of its extension of credit to the Soviets. It had to be bailed out by its government.
But, you say, surely David Rockefeller, the shrewdest and most powerful banker in the world, would not risk Chase Manhattan’s money unless he were sure of repay merit. You’re right. David is sure of repayment. Chase’s loan is guaranteed by the US taxpayer through other government agencies, the Overseas Private Investment Corporation and the Foreign Credit Insurance Association. The US taxpayer is on the hook for every dime. just as with the Eximbank loans, OPIC and FCIA guarantee the -businessmen- a profit no matter how badly the deal turns out. What is happening is that we are giving the Soviets a two-billion-dollar truck plant, and insuring the Rockefellers’ cut on the deal.
The Kama River project kicked off a spree of such looting. One of these loans is for thirty-six million dollars to help construct and equip an international trade center in Moscow. Joint venturing in this deal-all fully guaranteed by you, the taxpayer-are Chase Manhattan and the Bank ,,of America. Arranged by Armand Hammer of Occidental Petroleum, a personal friend of Lenin and son of a founder of the US Communist Party, the huge Trade Center will be built by the Bechtel Corporation. Comrade Hammer and his Occidental Petroleum also have a huge natural gas deal in the mill with the Soviets. According to former Eximbank boss Henry Kearns:
For a proposed gas development deal in Siberia that the Soviets are eager to make, the required Eximbank credit is $1.5 billion - more than the bank has- granted any other customer. The Soviet Union has already received Exim credits of about $350 million without disclosing financial data …
The Nixon-Kissinger Administration had to pour millions in paper currency into our economy, thus pushing inflation higher, to lend the Soviet Union $180 million at six % interest. The deal is for the construction on a Soviet site of a new fertilizer plant made in the USA This, incidentally, comes at a time when America is in the midst of a severe fertilizer shortage. Crops are being limited in our own country because of that shortage, but our government is determined to help the Comrades at our expense, by looting us of the hardware to build this desperately needed fertilizer plant,
The cost of the Russian fertilizer plant will be $400 million. Of this, the Soviet Union is putting up only $40 million-a mere 10 % of the cost. All the rest will come from the US
In addition to the Export-Import Bank’s loan, for which the bank has already made a preliminary commitment, private American banks will lend another $180 million for the Russian plant-but at a realistic 10 to 12 % interest. The American taxpayer is therefore subsidizing the Export-Import Bank’s part of the loan-a subsidy that could cost between $50 million and $75 million in lost interest over the 12-year period of the loan.
” The Soviet Union is the last great undeveloped market for the US, ” says Alfred R. Wentworth, senior vice president of Chase Manhattan Bank and head of Chase’s recently opened Moscow office. ” It now is opening up, and our bank wants to participate in the many opportunities being created.-
To be sure no one misunderstands, Chase Manhattan Bank has been running advertisements in major newspapers across the country. They read:” Now you can get banking insights on developing business relationships in the Soviet Union direct from our Moscow office … In addition to our Moscow office, we have another in Vienna for dealings in Eastern Europe … Our Moscow representatives can be contacted at:
Metropol Hotel, 1 Karl Marx Square, Room 227, MOSCOW, USSR. Tel: 225-6277.From 1 Chase Manhattan Plaza to 1 Karl Marx Square, we are international money experts with a knack for making good sense out of confusing East-West trade talk.”One would expect the Rockefellers to open up shop at the most prestigious (and, as Business Week says, ” symbolic”) address in town. As Newsweek magazine headlined its report: The Kremlin now has a - Comrade at Chase.-
So has Peking. After David and Nelson Rockefeller called for the - ” normalizing of relations ” and establishing ” trade-with Mao Tse-tung and the Red Chinese”, Richard Nixon and Henry Kissinger reversed the Republican platform and a hundred Nixon promises to follow that line also. The door was opened for trade with the butchers of Red China.
While Mr. Nixon’s sudden cozying up to the Peking mob received reams of comment and publicity, there is one aspect of all this which has attracted virtually no attention. lt is the fact that large oil deposits have been found near the Senkaka Islands in the East China Sea.
Our Insider - arranged deals with Red China are cut from the same cloth as our” trade-with the Soviet bloc; we have made numerous concessions and have asked none in return. Perhaps one of the concessions” we-will receive will be drilling rights for Standard Oil. After all, David Rockefeller has been promoting an opening with Red China for the past five years. Yes, the plot thickens. And in this case oil is thicker than blood.
“I’m very encouraged,- said David Rockefeller in July 1973.” In every case we’ve been invited by the socialist governments and have been warmly and generously received even though I head a large capitalist bank and my name is closely identified with capitalism.-
David was so impressed with the glories of Mao land that he wrote a puff piece for the New York Times of August 10,1973, entitled ” From A China Traveler.” The chairman of the Council on Foreign Relations observed:
One is impressed immediately by the sense of national harmony … Whatever the price of the Chinese Revolution, it has obviously succeeded not only in producing a more efficient and dedicated administration but also in fostering high morale and community of purpose … The social experiment in China under Chairman Mao’s leadership is one of the most important and successful in human history.
Batten, Barton, Dursten & Osborne couldn’t have written better ad copy to puff the ” social. experiment which has killed some sixty-four million of its own people and keeps millions more in the slavery of labor camps.
” And you must remember,” says David Rockefeller,
” the Chinese are not only purposeful and intelligent, they also have a large pool of cheap labor. So they should be able to find ways to get trading capital.” If wages are low behind the Iron Curtain in Europe, imagine how attractive they are in Red China. Such things are not missed by David Rockefeller.
What does the building of the Big Red Machine in the Soviet Union and Red China mean? Constructing some of the world’s largest factories for the Soviet Union, and shipping the Communists the most sophisticated US technology and equipment, has a multitude of implications. Professor Antony Sutton, the world’s foremost expert on the use of Western technology to develop the Soviet Union, has written an entire book on this subject under the provocative but very deliberate title, National Suicide.
The military potential of the industrial plants which we are building for the Soviets should be obvious to anyone. Trucks, aircraft, oil, steel, petro-chemicals, aluminum, computers-these are the very sinews of a military industrial complex. These factories, the product of American genius and financed by American capital, could have been built in the United States. Instead, they are constructed at the US taxpayers’ expense in the Soviet Union-a nation whose masters still keep millions in concentration camps and who have sworn to bury us.
And the program to loot America to build the Soviet Union is escalating. Remember that the factories we are constructing for the Communists represent the latest in American technology. This technology is unobtainable anywhere else in the world.
Another important thing to remember is the strong possibility that Russian factories using American capital and American technology will, with Soviet slave labor, produce goods which will undersell those produced by American labor in world markets. Just as many thousands of Americans have already lost their jobs to foreign labor (working in European and Asian factories constructed with American foreign aid) still more American workers will see their jobs destroyed by their own government. And these runaway -capitalists- are well aware of the cost benefits of such slave labor.
But as important as jobs are, there is even a more important aspect to the on-going -partnership- between the Rockefellers and the Communists which has been operating for over fifty years. At stake is the very survival of independence and liberty in this country.
Professor Sutton has assembled an abundance of evidence which nobody has even attempted to refute. First, he has shown that Communism is a stagnant system incapable of innovation or high productivity. Its survival, even at a subsistence level for its captives, has required regular transfusions of capital and technology. Without aid from the West, the Soviet Union would have long since collapsed. But without the Soviet Union, the Rockefellers and other super-rich would not have had an ” enemy-to justify their schemes for monopoly World Government.
The Soviet Union was first saved by Herbert Hoover with food. Next, came Lenin’s New Economic Plan which let the super-capitalists back into Russia. This was followed by FDR’s diplomatic recognition of Russia (long advocated by the Rockefellers), which allowed the Soviets to obtain desperately needed credits. World War II turned on the $11 billion Lend-Lease spigot. Following the war. Russia was allowed to denude much of Germany of factories and scientists. During the Kennedy Administration. We started, providing wheat for hungry Soviet factory workers. During the Vietnam War, America shipped vital supplies to the East European bloc, which was providing North Vietnam with the war equipment to kill our own soldiers. Now we are supplying the world’s largest truck factory, extremely sophisticated computers and a cornucopia of other manufacturing technology. To cap the climax, the Wall Street journal of April 25, 1975, headlines ” US Quietly Allows Uranium Shipments to Soviet Union For Processing Into Fuel.” Is that unbelievable?
Where was the public outrage that the mediacracy is capable of creating?*
As former Secretary of the Navy James Forrestal observed:
“Consistency never has been a mark of stupidity. If the diplomats who have mishandled our relations with Russia were merely stupid, they would occasionally make a mistake in our favor.” In short, what is happening is not just the looting of our economy, but treason. There is something rotten, but it’s not in Denmark, it is in Manhattan.
The game plan is simple: We are going to be blackmailed into surrendering or merging with the Soviets. Meanwhile, our Congress wants to stop weapons development so that we can have more welfare programs. Since most of the military budget goes to salaries which cannot be cut, any slashing of ” fat” usually means that real muscle-weapons systems-has been amputated.
For five decades the Communists’ propaganda line has been that they were going to destroy the Rockefellers and the other super-rich. Yet the Rockefellers have been breast feeding the Bolshevik monster since its childhood. Today they are leading the parade to provide their Soviet Frankenstein with a high-protein diet. We are supposed to believe those international cartelists do this because they are foolish or greedy. Of course the Rockefellers are greedy for the profits produced by their alliance with the Soviet Union, but that cannot be the total answer. Lenin claimed that capitalists would sell the Communists the rope with which they would be hung, if it could be done for a profit. The Rockefellers know that. And now they are building them factories in the Soviet Union.
* A group of concerned Americans arranged for Sutton, who has testified numerous times before Congressional Committees, to present these facts before the COP Platform Committee in Miami in 1972. The committee did not show up to hear Sutton’s testimony and a scheduled news conference was canceled. A newsman told Sutton that his story was” too hot- for the newspapers to deal with. When Sutton returned to Hoover, he was ordered by his superiors to make no more public statements during the campaign. Somebody important had obviously made a phone call. Later, Sutton’s contract at Hoover was not renewed. He obviously was stepping on too many tender toes.
But the Rockefellers are not fools. They are brilliant, far-sighted plotters who became immensely powerful by devious Machiavellian planning, and by infiltrating, subsidizing and controlling their opposition.
Plain old-fashioned common sense insists that the Rockefellers know something about Communism that we do not. Since they subsidize it and do not fear it, logic tells us they are either partners with the Communist hierarchy - or they control it.
But if this is true, how do the Rockefellers keep their partners from taking the gun and turning it against their secret backers? We do not pretend to know that answer. There has to be a control mechanism. The Rockefellers would not be so foolish as to let a competitor put a pistol to their heads-let alone provide the pistol. So we must conclude once again that the Rockefellers know something that we do not. Certainly this ultimate secret is known only to the top handful of the conspirators. No researcher is going to learn the answer by pouring over the New York Times at his local library.
Because we cannot identify the control mechanism, or describe how it works, many will ridicule our thesis. But, how do they explain the fifty-year Rockefeller program to build the power of Communism? Since the days of John D. Sr., the Rockefellers have prided themselves on their intelligence-gathering capabilities. They know more about their competitor opponents than those competitors know about themselves. You can bet your bippy that the Rockefellers are not naive about the Communists.
But let us assume that they are. Let us assume that in the end the Rockefellers will be the major victims of the Communist empire they have played such an important role in creating. Assume that it has all been done out of sheer stupidity and greed. Where does that put us? Right in the Gulag Archipelago along side them, that’s where it puts
Either way you lose. The Big Red Machine may or may not devour the Rockefellers. We are convinced it will not, because we believe the Rockefellers and their allies control the comrades who control the guns. But the question is rather academic, because the whole purpose of the Big Red Machine is to swallow us! And unless some big changes are made mighty quickly, that’s exactly what it will do.

"For more than a century, ideological extremists at either end of the political spectrum have seized upon well-publicized incidents such as my encounter with Castro to attack the Rockefeller family for the inordinate influence they claim we wield over American political and economic institutions. Some even believe we are part of a secret cabal working against the best interests of the United States, characterizing my family and me as 'internationalists' and of conspiring with others around the world to build a more integrated global political and economic structure — one world, if you will. If that is the charge, I stand guilty, and I am proud of it." — From Rockefeller's "Memoirs", (p.405).