Grandpa Bush and his historic award
Prescott Sheldon Bush, (father of George Herbert Walker Bush, grandfather of President George W. Bush), a Senator from Connecticut; born in Columbus, Franklin County, Ohio, May 15, 1895; attended the Douglas School of Columbus, Ohio, and St. George’s School, Newport, R.I., 1908-1913; graduated from Yale University in 1917; enlisted in Connecticut National Guard in 1916 and served as captain of Field Artillery in American Expeditionary Forces 1917-1919; engaged in hardware business as a warehouse clerk in St. Louis, Mo.; moved to Greenwich, Conn., in 1924; engaged in banking business in New York City 1926; moderator, Greenwich Representative Town Meeting 1935-1952; trustee, Yale University; unsuccessful Republican candidate for the United States Senate in 1950; elected on November 4, 1952, as a Republican to the United States Senate to fill the vacancy caused by the death of James O’Brien McMahon; reelected in 1956 and served from November 4, 1952, to January 2, 1963; was not a candidate for reelection in 1962; resumed his career in the banking and investment field; died in New York City, October 8, 1972; interment in Putnam Cemetery, Greenwich, Conn
In 1926, after Prescott Bush had married George Herbert Walker's daughter, Dorothy, Walker brought Bush in as a vice president of the private banking and investment firm of W.A. Harriman & Co., also located in New York. Bush became a partner in the firm that later became Brown Brothers Harriman and the largest private investment bank in the world. Eventually, Bush became a director of and stockholder in UBC.
After 60 years of inattention and even denial by the U.S. media, government documents were located in The National Archives and Library of Congress that clearly reveal that Prescott Bush, served as a business partner of, and U.S. banking operative for, the financial architect of the Nazi war machine from 1926 until 1942, when Congress took aggressive action against Bush and his "enemy national" partners.
The documents also show that Bush and his colleagues, according to reports from the U.S. Department of the Treasury, tried to conceal their financial alliance with German industrialist Fritz Thyssen, a steel and coal baron who, beginning in the mid-1920s, personally funded Adolf Hitler's rise to power by the subversion of democratic principle and German law.
Furthermore, the declassified records demonstrate that Bush and his associates, who included E. Roland Harriman, younger brother of American icon W. Averell Harriman, and George Herbert Walker, President Bush's maternal great-grandfather, continued their dealings with the German industrial tycoon for nearly a year after the U.S. entered the war.
For six decades these historical facts have gone unreported by the mainstream U.S. media. The essential facts have appeared on the Internet and in relatively obscure books, but were dismissed by the media and Bush family as undocumented diatribes. This story has also escaped the attention of "official" Bush biographers, Presidential historians and publishers of U.S. history books covering World War II and its aftermath.
The unraveling of the web of Bush-Harriman-Thyssen U.S. enterprises, all of which operated out of the same suite of offices at 39 Broadway in New York under the supervision of Prescott Bush, began with a story that ran simultaneously in the New York Herald-Tribune and Washington Post on July 31, 1941. By then, the U.S. had been at war with Germany for nearly eight months.
"Hitler's Angel Has $3 Million in U.S. Bank," declared the front-page Herald-Tribune headline. The lead paragraph characterized Fritz Thyssen as "Adolf Hitler's original patron a decade ago." In fact, the steel and coal magnate had aggressively supported and funded Hitler since October 1923, according to Thyssen's autobiography,’ I Paid Hitler.’ In that book, Thyssen also acknowledged his direct personal relationships with Adolf Hitler, Joseph Goebbels and Rudolf Hess.
The Herald-Tribune also cited unnamed sources who suggested Thyssen's U.S. "nest egg" in fact belonged to "Nazi bigwigs" including Goebbels, Hermann Goering, Heinrich Himmler, or even Hitler himself.
The bank, founded in 1924 by W. Averell Harriman on behalf of Thyssen and his Bank voor Handel en Scheepvaart N.V. of Holland, was Union Banking Corporation (UBC) of New York City. According to government documents, it was in reality a clearing house for a number of Thyssen-controlled enterprises and assets, including as many as a dozen individual businesses. UBC also bought and shipped overseas gold, steel, coal, and U.S. Treasury bonds. The company's activities were administered for Thyssen by a Netherlands-born, naturalized U.S. citizen named Cornelis Lievense, who served as president of UBC. Roland Harriman was chairman and Prescott Bush a managing director.
The Herald-Tribune article did not identify Bush or Harriman as executives of UBC, or Brown Brothers Harriman, in which they were partners, as UBC's private banker. A confidential FBI memo from that period suggested, without naming the Bush and Harriman families, that politically prominent individuals were about to come under official U.S. government scrutiny as Hitler's plunder of Europe continued unabated.
After the "Hitler's Angel" article was published Bush and Harriman made no attempts to divest themselves of the controversial Thyssen financial alliance, nor did they challenge the newspaper report that UBC was, in fact, a de facto Nazi front organization in the U.S.
Instead, the government documents show, Bush and his partners increased their subterfuge to try to conceal the true nature and ownership of their various businesses, particularly after the U.S. entered the war. The documents also disclose that Cornelis Lievense, Thyssen's personal appointee to oversee U.S. matters for his Rotterdam-based Bank voor Handel en Scheepvaart N.V., via UBC for nearly two decades, repeatedly denied to U.S. government investigators any knowledge of the ownership of the Netherlands bank or the role of Thyssen in it. Brown Brothers Harriman sent letters to the government seeking reconsideration of the seizures by using false information.
UBC's original group of business associates included George Herbert Walker, President Bush's maternal great-grandfather, who had a relationship with the Harriman family that began in 1919. In 1922, Walker and W. Averell Harriman traveled to Berlin to set up the German branch of their banking and investment operations, which were largely based on critical war resources such as steel and coal.
The Walker-Harriman-created German industrial alliance also included partnership with another German titan who supported Hitler's rise, Friedrich Flick, who partnered with Thyssen in the German Steel Trust that forged the Nazi war machine. For his role in using slave labor and his own steel, coal and arms resources to build Hitler's war effort, Flick was convicted at the Nuremberg trials and sentenced to prison.
However, the government documents note that Bush, Harriman, Lievense and the other UBC stockholders were in fact "nominees," or phantom shareholders, for Thyssen and his Holland bank, meaning that they acted at the direct behest of their German client.
What has rarely been mentioned, is that Hitler presented Prescott Bush the German Eagle Order, Third Class, on March 7, 1938.
On October 20, 1942, under authority of the Trading with the Enemy Act, the U.S. Congress seized UBC and liquidated its assets after the war. The seizure is confirmed by Vesting Order No. 248 in the U.S. Office of the Alien Property Custodian and signed by U.S. Alien Property Custodian Leo T. Crowley. (see official report below)
In August, under the same authority, Congress had seized the first of the Bush-Harriman-managed Thyssen entities, Hamburg-American Line, under Vesting Order No. 126, also signed by Crowley. Eight days after the seizure of UBC, Congress invoked the Trading with the Enemy Act again to take control of two more Bush-Harriman-Thyssen businesses - Holland-American Trading Corp. (Vesting Order No. 261) and Seamless Steel Equipment Corp. (Vesting Order No. 259).
The documents from the Archives also show that the Bushes and Harrimans shipped valuable U.S. assets, including gold, coal, steel and U.S. Treasury bonds, to their foreign clients overseas between 1931-33, as Hitler engineered his rise to power.
. Major U.S. media outlets, including ABC News, NBC News, CNN, The New York Times, Washington Post, Washington Times, Los Angeles Times and Miami Herald, as well as Knight-Ridder Newspapers, have repeatedly declined to investigate the story when information regarding discovery of the documents was presented to them beginning Friday, August 29. Newsweek U.S. correspondent Michael Isikoff, famous for his reporting of big scoops during the Clinton-Lewinsky sexual affair of the 1990s, declined twice to accept an exclusive story based on the documents from the archives.
In 1952, Prescott Bush was elected to the U.S. Senate, with no press accounts about his well-concealed Nazi past. There is no record of any U.S. press coverage of the Bush-Nazi connection during any political campaigns conducted by George Herbert Walker Bush, Jeb Bush, or George W. Bush...