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Eustace-Mullins/442pg-the-sydicate-excellent-must-read - JokeBook

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The Genesis of <strong>the</strong> Syndicate 17<br />

It's a bit of a mystery to us (and historians still debate <strong>the</strong> question) as to<br />

why it started. After all, <strong>the</strong>re was no significant territorial dispute between<br />

France, Germany, and Britain to account for it, let alone one to draw in <strong>the</strong><br />

USA and half <strong>the</strong> rest of <strong>the</strong> world. Dig underneath <strong>the</strong> surface politics,<br />

<strong>the</strong> individuals, and it's oil that led to <strong>the</strong> First World War, in particular<br />

Germany's attempt to seize British oil in <strong>the</strong> Near East. The German-<br />

American Rockefellers were closely involved in it. In 1904 <strong>the</strong> Germans<br />

had been given a concession by <strong>the</strong> Ottoman Turkish Sultan Abdul Hamid,<br />

with an option to drill <strong>the</strong> Baghdad-Mosul oilfields, which had previously<br />

been promised to Americans. Then in 1905 Britain, through <strong>the</strong> spy Sidney<br />

Reilly, acquired <strong>the</strong> right to drill for oil <strong>the</strong>re, beating off competition from<br />

<strong>the</strong> French Rothschilds. 52 In 1912 <strong>the</strong> German government exchanged <strong>the</strong>ir<br />

concession for a quarter interest in Turkish Petroleum Co., which was<br />

75% owned by <strong>the</strong> British government through Royal Dutch Shell and <strong>the</strong><br />

Anglo-Persian Co. (<strong>the</strong>reby excluding "Rockefellers" from <strong>the</strong> Mosul field).<br />

"Rockefellers" fanned German resentment at being outmaneuvered. 53 The<br />

Kaiser <strong>the</strong>n turned to "Rockefellers" and with <strong>the</strong>ir financial help built <strong>the</strong><br />

Berlin-to-Baghdad railway so he could drill <strong>the</strong> oilfields under Ottoman<br />

control and wrest Near Eastern oil from his imperialistic competitor, <strong>the</strong><br />

British. 54 The Kaiser was thus threatening to seize Egypt and eliminate<br />

British control of <strong>the</strong> Suez Canal and sever <strong>the</strong> British Empire's lifeline.<br />

This aim put Germany on a collision course with Great Britain.<br />

The Rockefellers' distant Turkish ancestry also enabled <strong>the</strong>m to approach<br />

<strong>the</strong> Ottomans. In 1914 Standard Oil loaned <strong>the</strong> Turkish government $35m,<br />

and in return were permitted to drill for oil in Ottoman territory. Through<br />

Chase National and Kuhn, Loeb, and in accordance with a deal <strong>the</strong>y made<br />

with <strong>the</strong> Kaiser via Warburgs, "Rockefellers" gave <strong>the</strong> Kaiser $300m to<br />

finance <strong>the</strong> First World War through <strong>the</strong> Federal Reserve System, which<br />

stipulated that any bank losses would be financed by <strong>the</strong> US Treasury. 55<br />

Their Standard Oil interests made a deal with <strong>the</strong> German government<br />

under which <strong>the</strong>ir holdings were taken over by <strong>the</strong> Reich with full<br />

compensation, and <strong>the</strong>y supplied <strong>the</strong> Germans with <strong>the</strong> oil <strong>the</strong>y required<br />

for <strong>the</strong> conduct of <strong>the</strong> war. 56 (A similar deal between "Rockefellers" and <strong>the</strong><br />

Germans took place at <strong>the</strong> beginning of <strong>the</strong> Second World War and led to<br />

Senator Truman's charge of treason against Standard Oil.)

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