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ROBERT MAPPLETHORPE

Francesa Thyssen, 1981

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Librarian's Comment:  "Wall Street and the Rise of Hitler," by Antony C. Sutton wrote:

Fritz Thyssen and W.A. Harriman Company of New York

Another elusive case of reported financing of Hitler is that of Fritz Thyssen, the German steel magnate who associated himself with the Nazi movement in the early 20s. When interrogated in 1945 under Project Dustbin,11 Thyssen recalled that he was approached in 1923 by General Ludendorf at the time of French evacuation of the Ruhr. Shortly after this meeting Thyssen was introduced to Hitler and provided funds for the Nazis through General Ludendorf. In 1930-1931 Emil Kirdorf approached Thyssen and subsequently sent Rudolf Hess to negotiate further funding for the Nazi Party. This time Thyssen arranged a credit of 250,000 marks at the Bank Voor Handel en Scheepvaart N.V. at 18 Zuidblaak in Rotterdam, Holland, founded in 1918 with H.J. Kouwenhoven and D.C. Schutte as managing partners. This bank was a subsidiary of the August Thyssen Bank of Germany (formerly von der Heydt's Bank A.G.). It was Thyssen's personal banking operation, and it was affiliated with the W. A. Harriman financial interests in New York. Thyssen reported to his Project Dustbin interrogators that:

I chose a Dutch bank because I did not want to be mixed up with German banks in my position, and because I thought it was better to do business with a Dutch bank, and I thought I would have the Nazis a little more in my hands.13

Thyssen's book I Paid Hitler, published in 1941, was purported to be written by Fritz Thyssen himself, although Thyssen denies authorship. The book claims that funds for Hitler — about one million marks — came mainly from Thyssen himself. I Paid Hitler has other unsupported assertions, for example that Hitler was actually descended from an illegitimate child of the Rothschild family. Supposedly Hitler's grandmother, Frau Schickelgruber, had been a servant in the Rothschild household and while there became pregnant:

... an inquiry once ordered by the late Austrian chancellor, Engelbert Dollfuss, yielded some interesting results, owing to the fact that the dossiers of the police department of the Austro-Hungarian monarch were remarkably complete.

This assertion concerning Hitler's illegitimacy is refuted entirely in a more solidly based book by Eugene Davidson, which implicates the Frankenberger family, not the Rothschild family.

In any event, and more relevant from our viewpoint, the August Thyssen front bank in Holland — i.e., the Bank voor Handel en Scheepvaart N.V. — controlled the Union Banking Corporation in New York. The Harrimans had a financial interest in, and E. Roland Harriman (Averell's brother) was a director of, this Union Banking Corporation. The Union Banking Corporation of New York City was a joint Thyssen-Harriman operation with the following directors in 1932:

E. Roland HARRIMAN Vice president of W. A. Harriman & Co., New York
H.J. KOUWENHOVEN  Nazi banker, managing partner of August Thyssen Bank and Bank voor Handel Scheepvaart N.V. (the transfer bank for Thyssen's funds)
J. G. GROENINGEN Vereinigte Stahlwerke (the steel cartel which also funded Hitler)
C. LIEVENSE President, Union Banking Corp., New York City
E. S. JAMES Partner Brown Brothers, later Brown Brothers, Harriman & Co. 

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