DocuWatch on Facebook
Art America Britain History Science Societies War Shop
DocuWatch

Banking With Hitler

« Baiting the Bear

Battle for Moscow »

Description

Frim Wikipedia

Banking With Hitler

The BIS was formed in 1930, the main actors in the establishment of the BIS were the then Governor of The Bank of England, Montague Norman and his German colleague Hjalmar Schacht, later Adolf Hitler's finance minister. The Bank was originally intended to facilitate money transfers arising from settling an obligation arising from a peace treaty. After World War I, the need for the bank was suggested in 1929 by the Young Committee, as a means of transfer for German reparations payments - see Treaty of Versailles. The plan was agreed in August of that year at a conference at the Hague, and a charter for the bank was drafted at the International Bankers Conference at Baden Baden in November. The charter was adopted at a second Hague Conference on January 20, 1930.

The original board of directors of the BIS included two appointees of Hitler, Walter Funk a prominent Nazi official, and SS officer Oswald Pohl, both convicted at the Nuremberg trials after world war II, as well as Herman Schmitz the director of IG Farben and Baron von Schroeder, the owner of the J.H.Stein Bank, the bank that held the deposits of the Gestapo.

After the Second World War, in 1944 at the Bretton Woods Conference The BIS became the crux in a fight that broke out between the Americans, Harry Dexter White, Secretary of the Treasury Henry Morgenthau, and the British delegation headed by John Maynard Keynes and Chase Bank representative Dean Atchison, who tried to veto the dissolution of the bank.

As a result of allegations that the BIS had helped the Germans loot assets from occupied countries during World War II, the United Nations Monetary and Financial Conference recommended the "liquidation of the Bank for International Settlements at the earliest possible moment." This task, which was originally proposed by Norway and supported by other European delegates, as well as the United States and Morgenthau and White, was never undertaken.

Other videos in channel "All videos":

 War of the Century War of the Century 1983 - The Brink Of Apocalypse 1983 - The Brink Of Apocalypse A Complete History - World War Two A Complete History - World War Two
A Very British Bomb A Very British Bomb A-Bomb A-Bomb
Aces Falling Aces Falling Adolf Hitler Adolf Hitler Afghanistan: War Without an End Afghanistan: War Without an End
After The War - Conquering Germany After The War - Conquering Germany Air War Air War
America Takes Charge America Takes Charge American Experience American Experience An Khe, Vietnam An Khe, Vietnam
Ancient Inventions - War And Conflicts Ancient Inventions - War And Conflicts Anne Frank Anne Frank Apocalypse Apocalypse
Armenian Genocide Armenian Genocide As it Happened - The Gulf War on CNN As it Happened - The Gulf War on CNN Atomic Attack Atomic Attack
Atomic Explosion Atomic Explosion Australian War Experience during The Great War Australian War Experience during The Great War Baiting the Bear Baiting the Bear
Banking With Hitler Banking With Hitler Battle for Moscow Battle for Moscow Battle of Austerlitz Battle of Austerlitz
Battle of Berlin Battle of Berlin Battle of Britain Battle of Britain Battle of Ia Drang Valley Battle of Ia Drang Valley
Battle of Long Tan Battle of Long Tan Battle Of The River Plate Battle Of The River Plate Battle Of The Somme Battle Of The Somme
Battlefield - Battle For Italy Battlefield - Battle For Italy Battlefield - Battle Of Leningrad Battlefield - Battle Of Leningrad Battlefield - Battle Of Manchuria Battlefield - Battle Of Manchuria
Battlefield - Battle Of Midway Battlefield - Battle Of Midway Battlefield - Battle Of Stalingrad Battlefield - Battle Of Stalingrad Battlefield - Battle Of The Atlantic Battlefield - Battle Of The Atlantic
Battlefield - Battle Of The Rhein Battlefield - Battle Of The Rhein Battlefield - Campaign In The Balkans Battlefield - Campaign In The Balkans Battlefield - Destination Okinawa Battlefield - Destination Okinawa
Battlefield - Market Garden Battlefield - Market Garden Battlefield - The Battle For Normandy Battlefield - The Battle For Normandy Battlefield - The Battle for North Africa Battlefield - The Battle for North Africa
Battlefield - The Battle of Britian Battlefield - The Battle of Britian Battlefield - The Battle Of Leyte Gulf Battlefield - The Battle Of Leyte Gulf Beating The Bomb Beating The Bomb
Behind the Bamboo Curtain Behind the Bamboo Curtain Black Hawk Down Black Hawk Down Blood and Oil Blood and Oil
Blood Upon The Snow - 01 The Darkness Descends Blood Upon The Snow - 01 The Darkness Descends Blood Upon The Snow - 02 The Night Before Midnight Blood Upon The Snow - 02 The Night Before Midnight Blood Upon The Snow - 03 The Goths Ride East Blood Upon The Snow - 03 The Goths Ride East
Blood Upon The Snow - 04 Between Life And Death Blood Upon The Snow - 04 Between Life And Death Blood Upon The Snow - 05 The Fight From Within Blood Upon The Snow - 05 The Fight From Within Blood Upon The Snow - 06 The Cauldron Boils Blood Upon The Snow - 06 The Cauldron Boils
Blood Upon The Snow - 07 The Citadel Blood Upon The Snow - 07 The Citadel Blood Upon The Snow - 08 False Dawn Blood Upon The Snow - 08 False Dawn Blood Upon The Snow - 09 The Fall Of The Swastika Blood Upon The Snow - 09 The Fall Of The Swastika
Blood Upon The Snow - 10 The Cult Of Personality Blood Upon The Snow - 10 The Cult Of Personality    
See 520 further videos in this channel: All videos
Video channels
Videos in this channel
AdSense
Featured
Featured
Featured
Featured
Featured
Featured