The Rockefeller Files: Chapter Nine Building the Big Red Machine by Gary Allen from archive.org

Chapter Nine 

Building the Big Red Machine 

"There has been a continuing, albeit 
concealed, alliance between international 
political capitalists and international 
revolutionary socialists - to their mutual 
benefit. " 

-Antony C. Sutton 
Wall Street And The Bolshevik Revolution 

That the Rockefellers are a unique and remarkable family is an understatement 
comparable to Custer observing that" the Indians seem restless today - just before his last 
stand. No fiction written would create such a family. No Hollywood movie mogul could 
concoct such a group to star in a celluloid epic. 

The Rockefellers are bigger than life and stranger than fiction. 

Yet, while many biographers have told of their fabulous wealth and virtually unlimited 
economic and political power, few have dealt with the most remarkable aspect of the 
family - its close relationship over many generations with its supposed arch-enemies, the 
Communists. Of course, there is much about this strange relationship that we do not 
know. But what is already a matter of public record is astounding. To say that things are 
not always what they seem is a hackneyed cliche, but there has never been a, mystery to 
match that of the world Communist movement and the identity of its ultimate backers. 

A bit of background is required in order to understand our subject. The Bolshevik 
Revolution in Russia was obviously one of the great turning points in history. It is an 
event over which misinformation abounds. The myth makers and re- writers of history 
have done their jobs well. 

Today, most people believe the Communists were successful in Russia because they were 
able to gain the support of peasants who were sick of the tyranny of the Czars. This is not 
what happened. 

While most know that the Bolshevik Revolution took place in November 1917, few recall 
that the Czar actually abdicated seven months earlier. With the collapse of Czar Nicholas 
II's monarchy, a provisional government was established by Prince Lvov, who wanted to 
pattern the new Russian government after the American Republic. But, unfortunately, 



Lvov was maneuvered out and replaced by Alexander Kerensky, an admitted Marxist 
who claimed to be an opponent of the Bolsheviks. 

At the time the Czar abdicated and for the next several months, the eventual leaders of 
the Bolshevik Revolution, Lenin and Trotsky, were not even in Russia. Lenin was in 
Switzerland and had been living in exile since 1905. Trotsky also was in exile, working 
as a reporter for a Communist newspaper in -would you believe -New York City. 

Trotsky was allowed to return to Russia with an American passport; Lenin was spirited 
across Europe in the famous sealed train. They joined forces and by November, through 
bribery, cunning, brutality and deception, were able to hire enough thugs and make 
enough deals to seize control of Petrograd. The Bolsheviks came to power not because 
the downtrodden masses of Russia called them back, but because very powerful men in 
Europe and the United States, including members of the Rockefeller family, sent them in. 

But while these facts have been somewhat suppressed, the biggest secret of all is that 
throughout this period, the financing for the revolution came from super capitalists in the 
West, and primarily from the United States. 

A meticulously documented book on this subject was written by Antony Sutton, a 
research fellow for the prestigious Hoover Institution for War, Revolution and Peace at 
Stanford University. Entitled Wall Street And The Bolshevik Revolution, this book by a 
respected and fastidiously thorough scholar was almost universally 

Building The Big Red Machine ignored by the mass media. One does not have to be a 
Quiz Kid to figure out why. Sutton sets the stage for the Bolshevik Revolution with this 
background: 

" While monopoly control of industries was once the objective of J. P. Morgan and J. D. 
Rockefeller, by the late nineteenth century the inner sanctums of Wall Street understood 
that the most efficient way to gain an unchallenged monopoly was to" geopolitical - and 
make society go to work for the monopolists-under the name of the public good and the 
public interest. This strategy was detailed in 1906 by Frederick C. Howe in his 
Confessions of a Monopolist. Howe, by the way, is also A figure in the story of the 
Bolshevik Revolution. 

In his book Howe had stated: 

These are the rules of big business. They have superseded the teachings of our parents 
and are reducible to a simple maxim: Get a monopoly ; let Society work for you; and 
remember that the best of all business is politics, for a legislative grant, franchise, subsidy 
or tax exemption is worth more than a Kimberly or Comstock lode, since it does not 
require any labor, either mental or physical, for its exploitation. 

Sutton postulates why wealthy men like the Rockefellers would cooperate with and even 
finance the very Communists who are allegedly sworn to bury them. 



The British-born scholar points out: 

... one barrier to mature understanding of recent history is the notion that all capitalists 
are the bitter and unswerving enemies of all Marxists and Socialists. This erroneous idea 
originated with Karl Marx and was undoubtedly useful to his purposes. In fact, the idea is 
nonsense. There has been a continuing, albeit concealed, alliance between international 
political capitalists and international revolutionary socialists-to their mutual benefit. 

Through Sutton we can learn the names of the secret men who bankrolled the conspiracy 
in Russia. We know that no revolution can be successful without organization and 
money. The -downtrodden masses- usually provide little of the former and none of the 
latter. But the Rockefellers and their cohorts can provide both. In The Surrender of An 
Empire, the brilliant English historian Nesta Webster observed: 

Had the Bolsheviks been, as they are frequently represented, a mere gang of 
revolutionaries out to destroy property, first in Russia, and then in every other country, 
they would naturally have found themselves up against organized resistance by the 
owners of property all over the world, and -the Moscow blaze would have been rapidly 
extinguished. It was only owing to the powerful influences' behind them that this 
minority party was able to seize the reins of power and, having seized them, to retain 
their hold of them up to the present day. 

Sutton introduces his evidence of -powerful influences" behind the Communists by 
stating: 

In brief, this is a story of the Bolshevik Revolution and its aftermath, but a story that 
departs from the usual conceptual strait jacket approach of capitalists versus Communists. 
Our story postulates a partnership between international monopoly capitalism and 
international revolutionary socialism for their mutual benefit. The final human cost of 
this alliance has fallen upon the shoulders of the individual Russian and the individual 
American. Entrepreneurship has been brought into disrepute and the world has been 
propelled toward inefficient socialist planning as a result of these monopoly 
maneuverings in the world of politics and revolution ... 

So long as we see all international revolutionaries and all international, capitalists as 
implacable enemies of one another, then we miss a crucial point-that there has indeed 
been some operational cooperation between international capitalists, including fascists. 

Sutton then proceeds to present evidence of such cooperation. The proofs-which are on 
the public record that international banking elements, most notably Morgan and 
Rockefeller interests, financed the take-over by the Bolsheviks, are simply 
overwhelming. The thousands of facts and documents that Sutton cites are too numerous 
to even summarize here. For those interested in the complete 

Building " The Big Red Machine " story, I highly recommend reading Sutton's book, 



Wall Street And The Bolshevik Revolution And "War on Gold" try "The Rise of 
Hitler" 

The Hoover Institute researcher asks the obvious question: What is the motivation behind 
this coalition capitalists and Bolsheviks? The advantages to the Communists are obvious. 
But of what possible benefit could such a union be to the super-capitalists of the West? 

Sutton suggests that Russia was then - and is today- the largest untapped market in the 
world. Moreover, Russia then and now, comprises the greatest potential competitive 
threat to American industrial and financial supremacy." Wall Street, - says Sutton," must 
have shivers when it visualizes Russia as a second super American industrial giant." By 
saddling Russia with unproductive economic system dependent on the West for 
continuous infusions of capital and technology for survival Russia could be both 
exploited and contained Sutton concludes: 

Revolution and international finance are not at all inconsistent if the result of revolution 
is to establish more centralized authority. International finance prefers to deal with 
central governments. The last thing the banking community wants is laissez-faire 
economy and decentralized power because these would disperse power. 

This, therefore, is an explanation that fits the evidence. This handful of bankers and 
promoters was not Bolshevik, or Communist, or socialist, or Democrat, or even 
American. Above all else these men wanted markets, preferably captive international 
markets-and a monopoly of the captive world market as the ultimate goal... 

Wall Street did indeed achieve its goal. American firms controlled by this syndicate were 
later to go on and build the Soviet Union, and today are well on their way to bringing the 
Soviet military- industrial complex into the age of the computer. 

Of course, far more is involved here than just monopolists seeking new captive markets. 
The same people who bankrolled the Russian Communist Revolution turn out to be the 
same ones who fastened the Man graduated income tax onto the American middle-class 
while avoiding it themselves; and it is the same group that foisted the fraudulent Federal 
Reserve System onto an unsuspecting American public. The actions of these super- 
capitalists over a period of many decades reveal that they were not merely plotting to 
acquire more profits; they were involved 'in a conspiracy for control of the world! 

No doubt all this has been a handy and profitable byproduct of the super-capitalist 
capture of Russia. But, it is only part of a bigger picture. Like the cartel capitalists, the 
Communists work for a world government. And world government is promoted from 
both the top and the bottom of the conspiratorial apparatus. 

In the Bolshevik Revolution we have some of the world's richest and most powerful men 
financing a movement which claims that its very reason for existence is to strip of their 
wealth such super-rich cartel and banker capitalists as the Rockefellers. 



But obviously these men have no fear of international Communism. It is only logical to 
assume that if the financed it, and are willing-even eager-to cooperate wit it, it must be 
because they control it. Can there be another explanation that makes sense? Remember 
that for over 100 years it has been a standard operating procedure of the Rockefellers and 
their allies to control both sides of every conflict. 

Having created their colony in Russia, the Rockefellers and their allies have struggled 
mightily ever since to keep it alive. Beginning in 1918 this clique has been engaged in 
transferring money and, probably more important technical information to the Soviet 
Union. This is made abundantly clear in Antony Sutton's monumental three volume 
history, Western Technology and Soviet Economic Development. Using for the most part 
official State Department documents, Sutton proves beyond any possible doubt that 
virtually everything the Soviets possess has been acquired from the West, principally 
America. It is not an exaggeration to say that the USSR was made in the USA. No one 
has even attempted to refute Sutton's almost excessively scholarly works. They can't. But 
the misinformation machines that compose our mediacracy can ignore Sutton. And they 
do. Totally. 

None of the foregoing makes sense if Communism really is what the Communists and the 
Rockefeller Establishment tell us it is. But if Communism is an arm of a bigger 
conspiracy to control the world by power-mad billionaires (and brilliant but ruthless 
academicians who have shown them how to use their power) it all becomes perfectly 
logical. 

It is at this point that we should again make it clear that this conspiracy is not made up 
solely of Rockefellers and other bankers and international cartelists, but includes every 
field of human endeavor. Starting with Voltaire and Adam Weishaupt and running 
through John Ruskin, Sidney Webb, Nicholas Murray Butler, and on to the present with 
Insiders such as Henry Kissinger and John Kenneth Galbraith, it has always been the 
scholar looking for avenues of power who has shown the" sons of the very powerful- how 
their wealth could be used to rule the world. 

We cannot stress too greatly the importance of the reader keeping in mind that this book 
is discussing only one segment of the conspiracy. Other important segments which work 
to foment labor, religious and racial strife in order to promote socialism have been 
described in numerous other books. These other divisions of the conspiracy often operate 
independently of the Rockefellers and other international bankers and it would certainly 
be disastrous to ignore the danger to our freedom they represent. 

It would be equally disastrous to lump all businessmen and bankers into the conspiracy. 
A distinction must be drawn between competitive free enterprise, the most moral and 
productive system ever devised, and cartel capitalism dominated by industrial 
monopolists and international bankers. The difference is crucial: the private enterpriser 
operates by offering products and services in a competitive free market, where consumers 
have numerous choices offered to them, while cartel capitalists use the government to 



force the public to do business with them. These corporate socialist-fascists are the 
deadly enemies of competitive private enterprise. 

Liberals are willing to believe that the Rockefellers will fix prices, rig markets, establish 
monopolies, buy politicians, exploit employees and fire them the day before they are 
eligible for pensions, but they absolutely will not believe that these same men would 
want to rule the world or would use Communism as the striking edge of their conspiracy. 
When one discusses the machinations of the Rockefellers and their allies, Liberals 
usually respond by saying" But don't you think they mean well?" 

However, if you assemble the evidence, carefully present your proofs, and try to expose 
these power seekers, the Establishment's mass media will accuse you of being a 
dangerous paranoid who is -dividing- our people. In every other area, of course, they 
encourage dissent as being healthy in a ' democracy. " 

The Rockefeller-CFR Insiders began pushing to open up Communist Russia to US 
traders soon after the revolution. However, at that time public opinion ran so high against 
the Bolsheviks because of their barbarism that it was official US government policy not 
to deal with the outlaw government. The US did not even recognize the Bolshevik regime 
until 1933. 

Galloping to the rescue were the super-capitalists of the West-men like the Vanderlips, 
the Harrimans, and the Rockefellers. One of the first to arrive was Frank Vanderlip, an 
agent of the Rockefellers and president of the Rockefeller First National City Bank, who 
once favorably compared Lenin to George Washington. 

Before the Bolshevik revolt, Russia had succeeded the US as the world's number one oil 
producer. The chaos and destruction of the revolution effectively eliminated Standard 
Oil's competition from Russia for several years until Standard could move in and get a 
piece of the Russian oil business. 

In 1926, Standard Oil of New York and its subsidiary, Vacuum Oil Company, concluded 
a deal to market Soviet oil in European countries. Part of the price for the arrangement, it 
was reported at the time, was a loan of $75,000,000 to the Bolsheviks. In 1927, Russia's 
secret partner, Standard Oil of New York, built an oil refinery in Russia. The refinery 
helped immeasurably in putting the Bolshevik economy back on its feet. According to 
Professor Sutton," This was the first United States investment in Russia since the 
Revolution." (We have been unable to find out if Standard Oil was even theoretically 
expropriated by the Communists.) 

It is possible the Rockefellers still own oil production facilities behind the Iron Curtain 
and get the profits out through Switzerland. By doing this, they would not have to share 
the loot with stockholders or the tax collector. 

Wherever Standard Oil would go, Chase National Bank was sure to follow. In order to 
rescue the Bolsheviks, who were supposedly the archenemy of profit-seeking 



businessmen, the Chase National Bank was instrumental in establishing the American- 
Russian Chamber of Commerce in 1922. President of the Chamber was Reeve Schley, a 
vice-president of Chase National Bank. According to Professor Sutton: 

In 1925, negotiations between Chase and Prom-bank extended beyond the finance of raw 
materials and mapped out a complete program for financing Soviet raw material exports 
to the US and imports of US cotton and machinery ... Chase National Bank and the 
Equitable Trust Company were leaders in the Soviet credit business. 

The Rockefeller's Chase National Bank also was involved in selling Bolshevik bonds in 
the United States in 1928. Patriotic organizations denounced the Chase as an - 
international fence." Chase was called " a disgrace to America ... They will go to any 
lengths for a few dollars' profits. - 

Congressman Louis McFadden, chairman of the House Banking Committee, maintained 
in a speech to his fellow Congressmen: 

The Soviet government has been given United States Treasury funds by the Federal 
Reserve Board and the Federal Reserve Banks acting through the Chase Bank and the 
Guaranty Trust Company and other banks in New York City ... 

... Open up -the books of Amtorg, the trading organization of the Soviet government in 
New York, and of Gostorg, the general office of the Soviet Trade Organization, and of 
the State Bank of the Union of Soviet Socialist Republics and you will be staggered to 
see how much American money has been taken from the United States Treasury for the 
benefit of Russia. Find out what business has been transacted for the State Bank of Soviet 
Russia by its correspondent, the Chase Bank of New York; 

In his three- volume history of Soviet technological development, Professor Sutton proves 
conclusively that there is hardly a segment of the Soviet economy which is not a result of 
the transference of Western, particularly American, technology. 

This cannot be wholly the result of accident. For fifty years the Federal Reserve-CFR- 
Rockefeller-Insider crowd has advocated and carried out policies aimed at increasing the 
power of their satellite, the Soviet Union. Meanwhile, America spends $90 billion a year 
on defense to protect itself from the enemy the Insiders are building up. 

What has been true in the past is even more valid today. Heading the parade to transfer 
technology and increase aid and trade with the Communists are the Rockefellers and the 
Council on Foreign Relations. 

The bandmaster for the entire enterprise is David Rockefeller. 

Most Americans regard Nelson Rockefeller as the most important member of the 
Rockefeller family. He is, after all, the (unelected) Vice President of the United States. 
Since 1960 he has been a perennial candidate for the Presidency. Nelson Rockefeller is a 



compulsive extrovert who loves to be in the public eye. As a result, he is far better known 
than his brothers. But notoriety is an unreliable measure of power. 

Students of the Eastern Establishment are well aware that while Nelson gets the ink, it is 
little brother David who 'wields the power. " As the de facto head of the American 
Establishment,- reports Time, " It has been said that for him the presidency would be a 
demotion. " The New York Times" - concurs: "He has come to be regarded as a 
spokesman for enlightened American capitalism.- Of course, to the New York Times, 
"enlightened American capitalism" means government planning of virtually every facet 
of the American economy, major transfers of America's vital technology to the 
Communists, the internationalizing of American business through multinational holding 
companies, and the creation of a World Government. 

In 1964 David Rockefeller and Nikita Khrushchev were closeted in Moscow for two and 
a half hours. The Chicago Tribune of September 12, 1964, reported: 

David Rockefeller ... briefed President Johnson today on his recent meeting with Premier 
Nikita 5. Khrushchev of Russia ... the Red leader said the United States and the Soviet 
Union " should do more trade." Khrushchev, according to Rockefeller, said he would like 
to see the United States extend long-term credits to the Russians. 

As a matter of fact, the meeting between Rockefeller and Khrushchev had been held two 
months earlier, in July. Apparently whatever trouble had developed was not settled until 
the President was briefed in September. Within a month, Khrushchev was deposed. 
David Rockefeller was soon meeting on the Black Sea with his successor, and in October 
of 1966 L.B.J, announced his new policy of "building bridges" to Eastern Europe. This 
was at the time the Communists were escalating the Vietnam War, and virtually all of the 
war materiel to do so came from the ammunitions factories of Eastern Europe. It seemed 
politically incredible for Johnson to propose such a policy while American troops were 
being killed and maimed by ammunition and weapons from the Communist bloc. It 
would have been flabbergasting if one had not been following the machinations of David 
Rockefeller. 

On October 7, 1966 , President Johnson, a man who has appointed a CFR member to 
virtually every strategic position in his administration., stated: 

We intend to press for legislative authority to negotiate trade agreements which could 
extend most- favored-nation tariff treatment to European Communist states ... 

We will reduce export controls on East- West trade with respect to hundreds of non- 
strategic items ... 

Six days later, the New York Times- reported: 



The United States put into effect today one of President Johnson's proposals for 
stimulating East- West trade by removing restrictions on the export of more than four 
hundred commodities to the Soviet Union and Eastern Europe ... 

Among the categories from which items have been selected for export relaxation are 
vegetables, cereals, fodder, hides, crude and manufactured rubber, pulp and waste paper, 
textiles and textile fibers, crude fertilizers, metal ores and scrap, petroleum, gas and 
derivatives, chemical compounds and products, dyes, medicines, fireworks, detergents, 
plastic materials, metal products and machinery, and scientific and professional 
instruments. 

Virtually every one of these "non- strategic" items has a direct or indirect use in war. 
Later, items such as rifle cleaning compounds, electronic equipment, computers, and 
radar were declared "non-strategic" and cleared for shipment to the Soviet Union. 
Congress drew the lines at sending -strategic- goods to the Reds, but the trick was simply 
to declare almost everything "non-strategic" A machine gun is strategic, but the tools for 
making it and the chemicals to propel the bullets were declared" nonstrategic- 

The Viet Cong and North Vietnamese received 8 % of their war materials from Russia 
and the Soviet bloc nations. Since their economies are incapable of supporting a war, the 
Communist arm of the conspiracy needed help from the Finance Capitalist arm. The 
Unite States financed and equipped both sides of the terrible Vietnamese war, killing 
nearly 55,000 of our own soldier by proxy. Again, the mass media kept the American 
public from learning this shocking truth. 

Not surprisingly, the Rockefellers have been leaders in championing this bloody trade. 
On January 16,1967,one of the most incredible articles ever to appear in a newspaper 
graced the front page of the Establishment's daily, the New York Times. Under the 
headline, " Eaton Joins Rockefellers To Spur Trade With Reds," the article stated: 

An alliance of family fortunes linking Wall Street and the Midwest is going to try to build 
economic bridges between the free world and Communist Europe. 

The International Basic Economy Corporation, controlled by the Rockefeller brothers, 
and Tower International, Inc., headed by Cyrus 5. Eaton, Jr., Cleveland financier, plan to 
cooperate in promoting trade between the Iron Curtain countries, including the Soviet 
Union ... 

International Basic Economy Corporation (IB EC) is run by Richard Aldrich, grandson of 
Federal Reserve plotter Nelson Aldrich, and Rodman Rockefeller (CFR), Rocky's son. 
On October 20, 1969JBEC announced that N. M. Rothschild & Sons of London had 
entered into partnership with the firm. 

Cyrus Eaton, Jr. is the son of the notoriously pro-Soviet Cyrus Eaton, who began his 
career as secretary to John D. Rockefeller. It is believed that Eaton's rise to power in 
finance resulted from backing by his mentor. So the agreement between Tower 



International and IB EC continues an old alliance. Although Eaton's name does not appear 
on the CFR's membership rolls, the Reece Committee which investigated foundations for 
Congress in 1953 found that the notorious Soviet apologist was a secret member. 

Among the "non- strategic" items which the Rockefeller-Eaton axis is going to build for 
the Communists are ten rubber goods plants and a $50 million aluminum producing plant 
for the Reds. (Aluminum for jet planes has been considered -non-strategic- under the 
Johnson Nixon-Ford Administrations.) 

Even more incredibly, the Times reveals: 

Last month, Tower International reached a tentative 

New York Times January 16 1967 

Eaton Joins Rockefellers To Spur Trade With Reds. 

Cleveland and New York Financers to set up an East-West Exchange 




David Rockefeller,chairman of the Chase Manhattan Bank, is the most important and 
most effective promoter In the US of aid to the Communists. He was all smiles (above) 
after concluding a deal in Red China with Chou En-lai; he has joined wit Cyrus Eaton Jr. 
(see clipping a left) to promote further trade with the Soviet Union; his successes have 
delighted such important Communist rulers a Soviet Finance Minister V. F Garbuzov, 
(below). Thanks to the House of Rockefeller, "trade" with the Communists (always 
financed by the US taxpayer, of course), now amounts to millions of dollars every year. 



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Agreement with the Soviet patent and licensing organization Licensintorg, covering 
future licensing and patent transactions. Until now, Mr. Eaton said, the Russians have left 
the buying and selling of licenses and patents to the Amtorg Trading Corporation, the 
official Soviet agency in this country for promoting Soviet- American trade. 

This means that the Rockefellers and Eatons have a monopoly on the transfer of 
technological capability to the supposed enemies of the super-rich, the Soviet Union. 
According to the Times: 

Mr. Eaton acknowledged the difficulties that Amtorg's representatives had encountered 
here in trying to arrange licensing agreements with American companies." As you can 
imagine," he said, " it is almost impossible for a Russian to walk into the research 
department of an American aerospace company and try to arrange the purchase of a 
patent." 

Certainly every loyal American will say to himself, " Well, I would hope to God the 
Soviets couldn't walk into our defense plants and buy a patent." The Rockefellers and the 
Eatons have solved that problem for the Communists. Now, instead of dealing with an 
official agency of the Soviet government, American concerns will be dealing with the 
Rockefellers. You can imagine how many doors that will open to the Communists! 

Thus, by the purchase of patents for the Communists, the Rockefellers are virtually in 
charge of research and development for the Soviet military machine. Their goal is to 
enable the Soviets to mass-produce American developments. And let us emphasize that 
the transfer of such technical knowledge is even more important than the sale of 
weapons. Ammunition is used once, then it is gone. Weapons break down, vehicles need 
replacement parts, and sophisticated arms are not easy to produce in a backward 
economy, no matter how much manpower is available. 

While the trade doors were, opened during the LB J Administration, the advent of detente 
under the Nixon Kissinger era produced an open house in American plants 

and research labs for the Red traders. Now, a process that may have taken an American 
corporation a decade to develop is transferred in toto to the Communists. Does it make 
sense to spend $90 billion a year on national defense and then deliberately to increase the 
war-making potential of an avowed enemy? It does to Mr. Rockefeller and the Insiders. 

Since the Rockefellers now have an exclusive contract to supply American patents to the 
Soviets, they are by dictionary definition agents of the Big Red Machine. It goes without 
saying that they are the most important Communist agents in history. Or perhaps it would 
be more accurate to define the Communists as Rockefeller agents? 

An increasingly important tool for the looting of America by the Rockefellers and their 
cohorts is the Export-Import Bank, known as Eximbank. It was established in 1934 to 
finance and promote trade with the Soviet Union. But it wasn't until Richard Nixon 



signed a -Presidential Determination- on October 18, 1972, that the Eximbank began to 
finance trade with the Soviets. 

The process by which the Eximbank works is simple enough. An US exporter goes to his 
own bank, which makes arrangements for the Eximbank to loan money to the exporter's 
foreign buyer. Eximbank then grants a credit to the American bank, which in turn pays 
the US exporter. Thus the exporter is immediately paid, the American bank is cut in on 
the deal, and the foreign importer gets a subsidized interest rate. 

Who pays the interest subsidy? You hardly need ask. The US taxpayer pays it through 
Treasury grants to the Eximbank. While most Americans consider themselves lucky if 
they can arrange to borrow money for less than twelve % interest, and even the prime rate 
(the rate at which the largest American corporations with the best credit rating can 
borrow) is as high as ten %, the Eximbank has been making loans to foreigners at six % 
interest. The difference is a four % subsidy to any foreigner who buys our goods. 

What happens if the foreign buyer defaults? Auf Wiedersehen. Adios. Sayonara. If the 
customer sneaks out of the restaurant without paying the check, the waiter puts the arm 
on the American taxpayer who, once again, picks up the tab. How would you like to be in 
a business in which the government paid you in full for all sales and accepted the 
responsibility for collecting all accounts receivable? As the late General Thomas Lane 
noted: 

In this system, the U.S. exporter has nothing to lose by sales to bad credit risks. The US 
commercial bank has nothing to lose. The inclination therefore under our profit system is 
to sell products to anyone who will sign a loan agreement which you can run by the 
Eximbank. Irresponsibility is rewarded ... 

It is an old story. Public money is nobody's money. As a sense of civic responsibility 
declines, the public money is used to private advantage [often the Rockefellers]. 

As with other free enterprisers, we favor foreign trade. But when American exporters ask 
the taxpayers to take the risks while they take a guaranteed profit, it is not trade but 
looting. It is as though you were an automobile dealer with an exclusive to sell Cadillacs 
to deadbeats in Chad, and you had a guarantee that American taxpayers would make all 
payments the Chads defaulted. Assuredly, you could" sell-a lot of cars that way. You 
could unload every Cadillac General Motors could produce! And you wouldn't care a fig 
whether the customer ever pays for the car. 

Shortly after the May 1972 Summit Conference in Moscow, the Nixon Administration 
began pushing to extend the credit of the US taxpayers directly to the Soviets. As part of 
the Nixon-Kissinger detente, Congress was to extend to the Bolsheviks tariff status as a " 
Most Favored Nation,- and Eximbank loans were to be arranged for the transfer of the 
most advanced American technology to Russia and for the development of Soviet energy 
sources. A UPI release dated July 17, 1973, provides the explanation David Rockefeller 
gave for such outrages: 



David Rockefeller, board chairman of Chase Manhattan Bank, urged Congress Tuesday 
to grant most favored nation trading status to the Soviet Union, claiming the move could 
help slow the arms race. "The desire of the Soviets to use Western trade, credits and 
technology to bolster their own economy hopefully could be accompanied by their giving 
lower priority to military programs," Rockefeller testified . . . "We haven't stopped the 
arms race by withholding exports (in the past)," he said. 

David told an audience in Rome that he would replace the Iron Curtain with" a plate- 
glass curtain." He claimed -Better communication and then understanding through 
expanding trade are ingredients of world peace." Just a the scrap metal we sold Japan 
before Pearl Harbor helped bring peace! 

So far, Most Favored Nation status has not bee granted by Congress because of publicity 
about Russia' policy of refusing emigration by Soviet Jews to Israel. But the sluice gates 
for loans have been opened. Already legal counselor for Eximbank, under pressure from 
President Nixon and Secretary of State Henry Kissinger has pushed the bank's directors 
to approve questionable loans to the Reds. 

As part of the massive effort to build the Communist economy by looting the United 
States, on credit, Richard Nixon appointed William Casey as president of the Export- 
Import Bank. Casey, a member of the Rockefeller-controlled CFR, is the perfect man for 
the job that Kissinger and the Rockefellers have in mind. As part of his goal of 
promoting" trade- with the Communists, last year he told the Society of American 
Business Writers: 

To implement this vital aspect of our overall foreign policy, our Ambassadors to 
Communist nations have been instructed to put trade promotion at the top of their list of 
priorities. Shortly we will have doubled the number of State Department employees 
serving in commercial positions in the USSR, eastern Europe and [Communist] China. 

Naturally the Communists are delighted to have the American super-capitalists build 

factories for them as long as the American taxpayers agree to pick up the tab when he 
Commissars default. It is foreign aid in a big, big way! 

The first of the giant projects we are inflating our currency to build on credit for our 
Bolshevik brothers is he Kama River factory, which is to be the largest producer of trucks 
in the world. But please don't mention hat trucks are the backbone of modern military 
operations, and that during open warfare truck factories re quickly converted to build 
tanks. If you do so, Liberals will look at you as if you have four heads and nine eyes. 

The Kama River factory will produce 150,000 heavy rucks and 150,000 heavy engines 
per year. This output is greater than the combined production of such trucks by all 
factories in the United States. The complex is being built by a division of the Pullman 
Company at a cost of two million dollars. The Soviets are going to put up ten % of the 



cash for the project, while David Rockefeller's Chase Manhattan Bank and the Export- 
Import Bank will each advance forty- five %. 

To say that Eximbank is bending over backwards with our tax dollars to accommodate 
the Soviets is like saying hat J. Paul Getty is fairly confident his personal cheque won't 
bounce. On Exim's usual loans, repayments must tart in three to five or, at the most, 
seven years. The repayment period for this loan is twelve years, with a race period of 4.5 
years. Which means that it will be 16.5 ears, if ever, before anyone sees the first 
payment! Try to get that kind of a deal as an American businessman ... at six % interest. 

And what happens when the Comrades don't pay? Do we foreclose and repossess the 
factory? That's about as practical as growing bananas in Minnesota. Krupp, the German 
industrial giant, almost collapsed as a result of its extension of credit to the Soviets. It had 
to be bailed out by its government. 

But, you say, surely David Rockefeller, the shrewdest and most powerful banker in the 
world, would not risk Chase Manhattan's money unless he were sure of repay merit. 
You're right. David is sure of repayment. Chase's loan is guaranteed by the US taxpayer 
through other government agencies, the Overseas Private Investment Corporation and the 
Foreign Credit Insurance Association. The US taxpayer is on the hook for every dime, 
just as with the Eximbank loans, OPIC and FCIA guarantee the -businessmen- a profit no 
matter how badly the deal turns out. What is happening is that we are giving the Soviets a 
two-billion-dollar truck plant, and insuring the Rockefellers' cut on the deal. 

The Kama River project kicked off a spree of such looting. One of these loans is for 
thirty-six million dollars to help construct and equip an international trade center in 
Moscow. Joint venturing in this deal-all fully guaranteed by you, the taxpayer-are Chase 
Manhattan and the Bank „of America. Arranged by Armand Hammer of Occidental 
Petroleum, a personal friend of Lenin and son of a founder of the US Communist Party, 
the huge Trade Center will be built by the Bechtel Corporation. Comrade Hammer and 
his Occidental Petroleum also have a huge natural gas deal in the mill with the Soviets. 
According to former Eximbank boss Henry Kearns: 

For a proposed gas development deal in Siberia that the Soviets are eager to make, the 
required Eximbank credit is $1.5 billion - more than the bank has- granted any other 
customer. The Soviet Union has already received Exim credits of about $350 million 
without disclosing financial data ... 

The Nixon- Kissinger Administration had to pour millions in paper currency into our 
economy, thus pushing inflation higher, to lend the Soviet Union $180 million at six % 
interest. The deal is for the construction on a Soviet site of a new fertilizer plant made in 
the USA This, incidentally, comes at a time when America is in the midst of a severe 
fertilizer shortage. Crops are being limited in our own country because of that shortage, 
but our government is determined to help the Comrades at our expense, by looting us of 
the hardware to build this desperately needed fertilizer plant, 



The cost of the Russian fertilizer plant will be $400 million. Of this, the Soviet Union is 
putting up only $40 million-a mere 10 % of the cost. All the rest will come from the US 

In addition to the Export-Import Bank's loan, for which the bank has already made a 
preliminary commitment, private American banks will lend another $180 million for the 
Russian plant-but at a realistic 10 to 12 % interest. The American taxpayer is therefore 
subsidizing the Export- Import Bank's part of the loan-a subsidy that could cost between 
$50 million and $75 million in lost interest over the 12-year period of the loan. 

" The Soviet Union is the last great undeveloped market for the US, " says Alfred R. 
Wentworth, senior vice president of Chase Manhattan Bank and head of Chase's recently 
opened Moscow office. " It now is opening up, and our bank wants to participate in the 
many opportunities being created.- 

To be sure no one misunderstands, Chase Manhattan Bank has been running 
advertisements in major newspapers across the country. They read:" Now you can get 
banking insights on developing business relationships in the Soviet Union direct from our 
Moscow office ... In addition to our Moscow office, we have another in Vienna for 
dealings in Eastern Europe ... Our Moscow representatives can be contacted at: 

Metropol Hotel, 1 Karl Marx Square, Room 227, MOSCOW, USSR. 

Tel: 225-6277. 

From 1 Chase Manhattan Plaza to 1 Karl Marx Square, we are international money 
experts with a knack for making good sense out of confusing East- West trade talk." 

One would expect the Rockefellers to open up shop at the most prestigious (and, as 
Business Week says, " symbolic") address in town. As Newsweek magazine headlined its 
report: The Kremlin now has a - Comrade at Chase. - 

So has Peking. After David and Nelson Rockefeller called for the - " normalizing of 
relations " and establishing " trade-with Mao Tse-tung and the Red Chinese", Richard 
Nixon and Henry Kissinger reversed the Republican platform and a hundred Nixon 
promises to follow that line also. The door was opened for trade with the butchers of Red 
China. 

While Mr. Nixon's sudden cozying up to the Peking mob received reams of comment and 
publicity, there is one aspect of all this which has attracted virtually no attention. It is the 
fact that large oil deposits have been found near the Senkaka Islands in the East China 
Sea. 

Our Insider - arranged deals with Red China are cut from the same cloth as our" trade- 
with the Soviet bloc; we have made numerous concessions and have asked none in return. 
Perhaps one of the concessions" we- will receive will be drilling rights for Standard Oil. 



After all, David Rockefeller has been promoting an opening with Red China for the past 
five years. Yes, the plot thickens. And in this case oil is thicker than blood. 

"I'm very encouraged,- said David Rockefeller in July 1973." In every case we've been 
invited by the socialist governments and have been warmly and generously received even 
though I head a large capitalist bank and my name is closely identified with capitalism. - 

David was so impressed with the glories of Mao land that he wrote a puff piece for the 
New York Times of August 10,1973, entitled " From A China Traveler." The chairman of 
the Council on Foreign Relations observed: 

One is impressed immediately by the sense of national harmony ... Whatever the price of 
the Chinese Revolution, it has obviously succeeded not only in producing a more 
efficient and dedicated administration but also in fostering high morale and community of 
purpose ... The social experiment in China under Chairman Mao's leadership is one of the 
most important and successful in human history. 

Batten, Barton, Dursten & Osborne couldn't have written better ad copy to puff the " 
social, experiment which has killed some sixty- four million of its own people and keeps 
millions more in the slavery of labor camps. 

" And you must remember," says David Rockefeller, 

" the Chinese are not only purposeful and intelligent, they also have a large pool of cheap 
labor. So they should be able to find ways to get trading capital." If wages are low behind 
the Iron Curtain in Europe, imagine how attractive they are in Red China. Such things are 
not missed by David Rockefeller. 

What does the building of the Big Red Machine in the Soviet Union and Red China 
mean? Constructing some of the world's largest factories for the Soviet Union, and 
shipping the Communists the most sophisticated US technology and equipment, has a 
multitude of implications. Professor Antony Sutton, the world's foremost expert on the 
use of Western technology to develop the Soviet Union, has written an entire book on this 
subject under the provocative but very deliberate title, National Suicide. 

The military potential of the industrial plants which we are building for the Soviets 
should be obvious to anyone. Trucks, aircraft, oil, steel, petro-chemicals, aluminum, 
computers-these are the very sinews of a military industrial complex. These factories, the 
product of American genius and financed by American capital, could have been built in 
the United States. Instead, they are constructed at the US taxpayers' expense in the Soviet 
Union-a nation whose masters still keep millions in concentration camps and who have 
sworn to bury us. 

And the program to loot America to build the Soviet Union is escalating. Remember that 
the factories we are constructing for the Communists represent the latest in American 
technology. This technology is unobtainable anywhere else in the world. 



Another important thing to remember is the strong possibility that Russian factories using 
American capital and American technology will, with Soviet slave labor, produce goods 
which will undersell those produced by American labor in world markets. Just as many 
thousands of Americans have already lost their jobs to foreign labor (working in 
European and Asian factories constructed with American foreign aid) still more 
American workers will see their jobs destroyed by their own government. And these 
runaway -capitalists- are well aware of the cost benefits of such slave labor. 

But as important as jobs are, there is even a more important aspect to the on-going - 
partnership- between the Rockefellers and the Communists which has been operating for 
over fifty years. At stake is the very survival of independence and liberty in this country. 

Professor Sutton has assembled an abundance of evidence which nobody has even 
attempted to refute. First, he has shown that Communism is a stagnant system incapable 
of innovation or high productivity. Its survival, even at a subsistence level for its 
captives, has required regular transfusions of capital and technology. Without aid from 
the West, the Soviet Union would have long since collapsed. But without the Soviet 
Union, the Rockefellers and other super-rich would not have had an " enemy-to justify 
their schemes for monopoly World Government. 

The Soviet Union was first saved by Herbert Hoover with food. Next, came Lenin's New 
Economic Plan which let the super-capitalists back into Russia. This was followed by 
FDR's diplomatic recognition of Russia (long advocated by the Rockefellers), which 
allowed the Soviets to obtain desperately needed credits. World War II turned on the $1 1 
billion Lend-Lease spigot. Following the war. Russia was allowed to denude much of 
Germany of factories and scientists. During the Kennedy Administration. We started, 
providing wheat for hungry Soviet factory workers. During the Vietnam War, America 
shipped vital supplies to the East European bloc, which was providing North Vietnam 
with the war equipment to kill our own soldiers. Now we are supplying the world's 
largest truck factory, extremely sophisticated computers and a cornucopia of other 
manufacturing technology. To cap the climax, the Wall Street journal of April 25, 1975, 
headlines " US Quietly Allows Uranium Shipments to Soviet Union For Processing Into 
Fuel." Is that unbelievable? 

Where was the public outrage that the mediacracy is capable of creating?* 

As former Secretary of the Navy James Forrestal observed: 

"Consistency never has been a mark of stupidity. If the diplomats who have mishandled 
our relations with Russia were merely stupid, they would occasionally make a mistake in 
our favor." In short, what is happening is not just the looting of our economy, but treason. 
There is something rotten, but it's not in Denmark, it is in Manhattan. 

The game plan is simple: We are going to be blackmailed into surrendering or merging 
with the Soviets. Meanwhile, our Congress wants to stop weapons development so that 
we can have more welfare programs. Since most of the military budget goes to salaries 



which cannot be cut, any slashing of " fat" usually means that real muscle-weapons 
systems-has been amputated. 

For five decades the Communists' propaganda line has been that they were going to 
destroy the Rockefellers and the other super-rich. Yet the Rockefellers have been breast 
feeding the Bolshevik monster since its childhood. Today they are leading the parade to 
provide their Soviet Frankenstein with a high-protein diet. We are supposed to believe 
those international cartelists do this because they are foolish or greedy. Of course the 
Rockefellers are greedy for the profits produced by their alliance with the Soviet Union, 
but that cannot be the total answer. Lenin claimed that capitalists would sell the 
Communists the rope with which they would be hung, if it could be done for a profit. The 
Rockefellers know that. And now they are building them factories in the Soviet Union. 

* A group of concerned Americans arranged for Sutton, who has testified numerous times 
before Congressional Committees, to present these facts before the COP Platform 
Committee in Miami in 1972. The committee did not show up to hear Sutton's testimony 
and a scheduled news conference was canceled. A newsman told Sutton that his story 
was" too hot- for the newspapers to deal with. When Sutton returned to Hoover, he was 
ordered by his superiors to make no more public statements during the campaign. 
Somebody important had obviously made a phone call. Later, Sutton's contract at Hoover 
was not renewed. He obviously was stepping on too many tender toes. 

But the Rockefellers are not fools. They are brilliant, far-sighted plotters who became 
immensely powerful by devious Machiavellian planning, and by infiltrating, subsidizing 
and controlling their opposition. 

Plain old-fashioned common sense insists that the Rockefellers know something about 
Communism that we do not. Since they subsidize it and do not fear it, logic tells us they 
are either partners with the Communist hierarchy - or they control it. 

But if this is true, how do the Rockefellers keep their partners from taking the gun and 
turning it against their secret backers? We do not pretend to know that answer. There has 
to be a control mechanism. The Rockefellers would not be so foolish as to let a 
competitor put a pistol to their heads-let alone provide the pistol. So we must conclude 
once again that the Rockefellers know something that we do not. Certainly this ultimate 
secret is known only to the top handful of the conspirators. No researcher is going to 
learn the answer by pouring over the New York Times at his local library. 

Because we cannot identify the control mechanism, or describe how it works, many will 
ridicule our thesis. But, how do they explain the fifty-year Rockefeller program to build 
the power of Communism? Since the days of John D. Sr., the Rockefellers have prided 
themselves on their intelligence-gathering capabilities. They know more about their 
competitor opponents than those competitors know about themselves. You can bet your 
bippy that the Rockefellers are not naive about the Communists. 



But let us assume that they are. Let us assume that in the end the Rockefellers will be the 
major victims of the Communist empire they have played such an important role in 
creating. Assume that it has all been done out of sheer stupidity and greed. Where does 
that put us? Right in the Gulag Archipelago along side them, that's where it puts 

Either way you lose. The Big Red Machine may or may not devour the Rockefellers. We 
are convinced it will not, because we believe the Rockefellers and their allies control the 
comrades who control the guns. But the question is rather academic, because the whole 
purpose of the Big Red Machine is to swallow us! And unless some big changes are made 
mighty quickly, that's exactly what it will do. 

Back to table of contents 



Chapter Ten 

The People Planners