Tuesday, March 20, 2012

Hitler's Secret Backers, by Sidney Warburg, at American Buddha Online Library

Hitler's Secret Backers, by Sidney Warburg, at American Buddha Online Library

 San Jose Mercury News. Saturday, September 25,1982
U.S. bankers aided Hitler, book claims
MUNICH, West Germany (UPI)  --  A publishing firm claimed Friday to have discovered a book that alleges American bankers supplied Adolf Hitler with millions of dollars to help build up his Nazi party.
Droemer Knaur publishers said they received a copy of the book from a Dutch doctor and were convinced that it was authentic.
They said the book, written by the late U.S. banker Sidney Warburg, disappeared during the war.
Warburg, a joint owner of the New York bank Kuhn Loeb and Cie. described in the book three conversations he held with Hitler at the request of American financiers, the Bank of England and oil firms to facilitate payments to the Nazi party, the publisher said.
The book alleged that Hitler received $10 million from Kuhn Loeb and Cie. during 1929, further payments of $15 million in 1931, and $7 million when Hitler took power in 1933, the publishers said.
They said Warburg described himself in the book as the "cowardly instrument" of his American banking colleagues for having arranged deals with Hitler.
The book originally was published in Holland in 1933, shortly before Warburg's death, but disappeared during the war after its translator and publisher were murdered, the publisher's spokesman said.
He said it was thought the Nazis carried out the murders and destroyed copies of the book to avoid being discredited.
The book will be republished Dec. 1 under the title "How Hitler Was Financed," he said.
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