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IP: *.NYCMNY83.covad.net 20.10.03, 17:27
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Bush Sr.'s "Message" To Bush Jr.

Father Bush has revealed the depth of his disagreement with his impetuously
uninformed son.

By Georgie Anne Geyer

10/18/2003: (Boston Globe) WASHINGTON
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    • Gość: CentreforResearch Re: POWIAZANIA RODZINY BUSHOW Z NAZI IP: *.NYCMNY83.covad.net 20.10.03, 20:03
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      President Bush's grandfather was a director of a bank seized by the federal
      government because of its ties to a German industrialist who helped bankroll
      Adolf Hitler's rise to power, government documents show.

      Prescott Bush was one of seven directors of Union Banking Corp., a New York
      investment bank owned by a bank controlled by the Thyssen family, according to
      recently declassified National Archives documents reviewed by The Associated
      Press.

      Fritz Thyssen was an early financial supporter of Hitler, whose Nazi party
      Thyssen believed was preferable to communism. The documents do not show any
      evidence Bush directly aided that effort. His position with Union Banking never
      was a political issue for Bush, who was elected to the Senate from Connecticut
      in 1952.

      Reports of Bush's involvement with the seized bank have been circulating on the
      Internet for years and have been reported by some mainstream media. The newly
      declassified documents provide additional details about the Union Banking-
      Thyssen connection.

      Trent Duffy, a spokesman for President Bush, declined to comment.

      Union Banking was owned by a Dutch bank, Bank voor Handel en Scheepvaardt N.V.,
      which was "closely affiliated" with the German conglomerate United Steel Works,
      according to an Oct. 5, 1942, report from the federal Office of Alien Property
      Custodian. The Dutch bank and the steel firm were part of the business and
      financial empire of Thyssen and his brother, Heinrich Thyssen-Bornemisza, the
      report said.

      The 4,000 Union Banking shares owned by the Dutch bank were registered in the
      names of the seven U.S. directors, according a document signed by Homer Jones,
      chief of the division of investigation and research of the Office of Alien
      Property Custodian, a World War II-era agency that no longer exists.

      E. Roland Harriman, the bank chairman and brother of former New York Gov. W.
      Averell Harriman, held 3,991 shares. Bush had one share.

      Both Harrimans and Bush were partners in the New York investment firm of Brown
      Brothers, Harriman and Co., which handled the financial transactions of the
      bank as well as other financial dealings with several other companies linked to
      Bank voor Handel that were confiscated by the U.S. government during World War
      II.

      Union Banking was seized by the government in October 1942 under the Trading
      with the Enemy Act.

      No charges were brought against Union Banking's American directors. The federal
      government was too busy trying to fight the war, said Donald Goldstein, a
      professor of public and international affairs at the University of Pittsburgh.

      "We did not have the resources to do these things," Goldstein said.

      Fritz Thyssen broke with the Nazis in 1938 over their persecution of Catholics
      and Jews, and fled to Switzerland. He later was arrested and spent 1941 to 1945
      in a Nazi prison. His brother lived in Switzerland from 1932 to 1947 but
      continued to operate businesses in Germany.

      The new documents were first reported by freelance writer John Buchanan in The
      New Hampshire Gazette.

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