There is actually a book on Wall Street financing of the Bolsheviks

that is not conspiracy-kook literature. The bankers in question

were mostly Gentiles.


The following is from Wall Street and the Bolshevik Revolution

by Antony C. Sutton (Arlington House, 1975), p. 170:


[begin quote]

. . . there is considerable evidence of transfers of funds from

Wall Street bankers to international revolutionary activitites.

For example, there is the statement (substantiated by cablegram)

by William Boyce Thompson--a director of the Federal Reserve Bank

of New York, a large stockholder in the Rockefeller-controlled Chase

Bank, and a financial associate of the Guggenheims and Morgans--that

he (Thompson) contributed $1 million to the Bolshevik Revolution

for propaganda purposes. Another example is John Reed, the American

member of the Third International executive committe, who was

financed and supported by Eugene Boissevain, a private New York

banker, and who was employed by Harry Payne Whitney's Metropolitan

magazine. Whitney was at that time a director of [the Morgan-

controlled] Guaranty Trust. . . . Ludiwig Martens, the first Soviet

"amabassador" to the United States was (according to British

Intelligence chief Sir Basil Thompson) backed by funds from Guaranty

Trust Company. In tracing Trotsky's funding in the U.S. we arrived at

German sources, yet to be identified, in New York. And though we do not

know the precise German source of Trotsky's funds, we do know that Von

Pavenstadt, the chief German espionage paymaster in the U.S., was

also a senior partner of Amsinck & Co. Amsinck was owned by the

ever-present American International Corporation--also controlled

by the J. P. Morgan firm.

[end quote]


Sutton also provides evidence that Schiff was opposed to the Bolsheviks.


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