Easing ” trade programme may have been the source of these funds from its deposit at BIS .
War … by Wall Street , for Wall Street ?
The contribution made by American capitalism to German war preparations before 1940 can only be described as phenomenal . For example , in 1934 Germany domestically produced only 300,000 tons of natural petroleum products and less than 800,000 tons of synthetic gasoline ; the balance was imported . In World War II , the transfer of the hydrogenation patents and technology of Standard Oil of New Jersey [ 2 ] to I . G . Farben Germany produced about 6-1 / 2 million tons of oil ~ of which 85 % was synthetic oil using the Standard Oil hydrogenation process . Moreover , the control of synthetic oil output in Germany was held by the I . G . Farben subsidiary , Braunkohle-Benzin A . G ., and this Farben cartel itself was created in 1926 with Wall Street financial assistance .
On the other hand , the general impression left with the reader by modern historians is that this American technical assistance was accidental and that American industrialists were innocent of wrongdoing . For example , the Kilgore Committee stated :
“ The United States accidentally played an important role in the technical arming of Germany . Although the German military planners had ordered and persuaded manufacturing corporations to install modern equipment for mass production , neither the military economists nor the corporations seem to have realized to the full extent what that meant . Their eyes were opened when two of the chief American automobile companies built plants in Germany in order to sell in the European market , without the handicap of ocean freight charges and high German tariffs . Germans were brought to Detroit to learn the techniques of specialized production of components , and of straight-line assembly . What they saw caused further reorganization and refitting of other key German war plants . The techniques learned in Detroit were eventually used to construct the dive-bombing Stukas .... At a later period I . G . Farben representatives in this country enabled a stream of German engineers to visit not only plane plants but others of military importance , in which they learned a great deal that was eventually used against the United States .[ 3 ]”
“ Since these observations emphasize the ‘ accidental ’ nature of the assistance , it has been concluded that : ‘ It is almost superfluous to point out that the motives of the American firms bound to contracts with German concerns were not pro-Nazi , whatever else they may have been ’.”[ 4 ]
[ Editor ’ s note : We let you , the Reader , decide whether or not the arming of Nazis was “ accidental ” or instead might have been deliberate . And if it was deliberate , then the questions become : how was this orchestrated , who did it , and why ?]
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