> Date: Thu, 6 Mar 1997 11:14:23 +0200
> Subject: Bankers Knew About Gold, Swiss Critic Says
>                                                                            
>   Mercredi 5 Mars 1997    -    International Herald Tribune   -    par     
>   INTERVIEW,   Jean Ziegler                                                
>                                                                            
>  ------------------------------------------------------------------------- 
> 
> 
>                                  Bankers Knew About Gold, Swiss Critic Says
> 
>  Q & A  Jean Ziegler, member of Parliament Jean Ziegler, a Socialist member
> of the Swiss Parliament and a professor of Sociology at the University of
> Geneva, has been a critic of the Swiss banking system and what he calls the
> country's "petrif'ied" concept of neutrality. He favors abolishing bank
> secrecy law;s and is the author of a forthcoming book, ?Switzerland, the
> Gold and the Dead.? In Geneva, Mr. Ziegler spoke with Robert Kroon for the
> International Herald Tribune. Q. In your forthcoming book you claim that
> World War II would have ended a year earlier if Switzerland had not
> sustained the Third Reich?s wartime economy. Isn?t that a bit of an
> overstatement? A. Absolutely not. I got access to some fascinating wartime
> archives from the Nazi Foreign Ministry at Wilhelmstrasse, which survived
> the destruction of Berlin. A 1943 document, signed by Foreign Minister
> Joachim von Ribbentrop and Walter Funk, Hitler?s economics chief,
> unequivocally states that without Switzerland?s help, the economy would
> collapse within two months. This refers to Switzerland as a laundering
> place for hundreds of tons of gold stolen from Poland, Czechoslovakia and
> later Holland, Belgium and the concentration camp victims. The Nazis
> desperately needed Swiss francs to buy raw materials for their war industry
> and in those days nobody wanted Reichsmarks. Hitler was very pleased with
> our so-called neutrality. Q. The Swiss Central Bank has said the ingots
> were stamped with Reichsbank markings, so they were not aware of the
> origins. Does that make sense to you? A. This is utter nonsense. In 1939
> the Reichsbank president, Hjalmar Schacht, was fired for warning Hitler
> that Germany?s gold reserves were depleted and the country was facing
> bankruptcy. This was no secret to central bankers anywhere, least of all in
> Bern. The first ship ments of Polish gold carried false Reichsbank stamps,
> but the laundering operation went so smoothly that after 1940 the Nazis no
> longer bothered about such technicalities. Part of the 150 tons of ingots
> looted from the Netherlands arrived in Bern in its original state, or with
> French and American markings, because the Dutch Central Bank also held
> monetary gold from those countries. The Americans knew about all this
> through Allen Dulles, their spymaster in Bern. He had been a savvy Wall
> Street lawyer and cultivated excellent connections with Swiss bankers and
> politicians. The Allies warned us in 1943 that Switzerland would be held
> accountable after the war for its Nazi gold dealings, but they never
> stopped. Q. Wasn?t this the price Switzerland had to pay for keeping the
> Germans out? A. We might have been annexed if we hadn?t played ball. But at
> least, our wartime rulers should have come clean after the war. They should
> have accounted for their collaboration with Hitler and for delivering tens
> of thousands of Jewish refugees to the SS. Q. Quite a few Swiss politicians
> think a sudden confrontation with the past may shake the nation out of what
> some see as a state of complacency. A. I doubt it. The banks have opened
> their books to the Volcker Commission and put up a fund for Holocaust
> victims. Calling that a humanitarian gesture is sheer hypocrisy. It was the
> result of international pressure and not a long-overdue admission. Perhaps
> you cannot blame the Swiss for feeling like God?s chosen people, because we
> have had no foreign invaders since Napoleon. But in almost 200 years of
> peace our democracy has become petrified. We stand isolated, because
> neutrality is thoroughly irrelevant in today?s world. Switzerland should
> join the United Nations and the European Union. We must become part of the
> European family and accept its common laws. History has caught up with us
> but, unfortunately, too many Swiss still believe this crisis will blow over
> and then we?ll again live happily forever after.



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