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The story of the Nazi assets in Switzerland
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News from Within July 1997
Zionism and the Judeocide: the story of the Nazi assets in Switzerland

Shraga Elam

For a long time, Switzerland's role in the Second World War was mainly of interest to historians and other novelists. In the last two years, however, it has suddenly turned into one of the main items on the international political and journalistic agenda. This process - which was initiated by the wrong people, using the wrong means, and mainly for wrong purposes - may well evolve into no less than a turning point in global political and economic developments. This statement may sound somewhat pretentious or even megalomaniacal, but the more one becomes acquainted with the materials and circumstances involved, the more reasonable it appears.

It all started in a quite harmless fashion. For years, both private persons and Jewish organizations claimed that assets that had been deposited in Switzerland (both before and during the Second World War) by victims of the Nazi Judeocide [genocide against the Jews] were still being held by Swiss banks. In 1974, and as a result of external pressure, Switzerland announced that it was ready to pay 9.5 million Swiss Francs on account of these so-called 'heirless' assets. Neither many heirs, who could not convincingly prove their claims, nor the Jewish Agency, which saw an opportunity to claim the mantle of the Nazi victims both financially and morally, were satisfied by this solution. But in the absence of concrete proofs, they could only speculate about the sums involved.

Akiva Lewinski, who put in charge of this issue by the Jewish Agency, was very persistent, and made several attempts to recover the money for his organization. However, the Swiss Jewish community had no interest in seeing the issue raised in a forceful manner. This was one of the reasons why Lewinski refrained from directly contacting the Swiss Jewish historian, Jacques Picard, who had been selected in 1992 by the Jewish Agency to obtain the necessary proofs. Picard, however, did not know who his real employers were, and thought he was working for the British Mail on Sunday and the BBC. But the results of his preliminary study were disappointing for his employers. The whole situation changed dramatically in 1995, -after the publication\)f an article by the journalist Itamar Levin in the Israeli financial newspaper. Globes (28 April 1995). Levin, who was directed to the subject by the Israeli ambassador to the United Nations, Yehudah Blum, found a document in German in the Central Zionist Archives in Jerusalem. He believed the document constituted an official Swiss declaration that the Jewish "heirless assets" deposited in that country were worth 300 million Swiss Francs in 1946. According to Levin's calculations, their present value should be something like 7.7 billion Swiss Francs.

This scoop had a small flaw. Levin does not understand German, and therefore did not understand that the document was neither official, nor was it about Jewish 'heirless' properties. But these unimportant details did not prevent the story from making headlines in the western media. The head of the Jewish Agency, Avraham Burg, presented this article to then Prime Minister Rabin, and the campaign was launched, with the help of the World Jewish Congress (WJC).

The Swiss banking community was surprised and somewhat upset over the bad press they were receiving, and in September, 1995 promised to pay the Jewish organizations at least some 38 million Swiss Francs in hush-money. This step proved to be effective, in that the subject almost completely disappeared from the media agenda ...until February, 1996. By then it had become clear that the Swiss were not ready to pay more than their original offer. The WJC managed to interest US Senator Alfonse D'Amato (Republican, NY) in the issue, and all hell broke loose for the Swiss.

Those who waged the campaign were not bothered (at least in public) with such 'trivialities' as the fact that much of the money that was supposed to be deposited in Switzerland by Jews, was actually transferred by Jewish carriers, either private persons or organizations, who - it seems - embezzled it. For example, this appears to be the case with loans received by the American Jewish Joint Distribution Committee (the 'Joint' or JDC), one of the few organizations which tried to help European Jewry during the Nazi period. At that time they experienced difficulties in fund-raising as US Jews were reluctant to help, and in addition, there were many problems transferring funds into the countries occupied by the Germans. One way to overcome those difficulties was through loans that wealthy Jews in those occupied territories granted the Joint. In return they got the promise that the equivalent of this sum would be deposited in 'safe' countries like Switzerland, and after the war they would get their money back (therefore, the method got the name of 'apres la guerre loans').

The historian of the Joint, Professor Yehudah Bauer. described this operation quite well, and asserts that the loans were never paid back: "The people who gave their money in return for promises of postwar repayment never claimed it. They and their heirs turned into ashes along with their notes, scattered on Polish soil."' In the light of this statement, it should come as no surprise that since the start of the "heirless" assets campaign, the archive of the Joint's representative in Switzerland, Saly Mayer, who was a very central figure in these deals, has been closed to journalists. Joint officials say that Bauer is mistaken, and that the money was paid back, and that the reason that the archive is connected to the Kastner Affair2 and also because of Mayer's collaboration with the Swiss 'Alien Police', Heinrich Rothmund, who was responsible for denying entry to about 100,000 Jewish refugees, which meant death for many of them.

Despite the role of Jewish organizations in that period and their own part in the "heirless" assets affair, they were very successful in exerting more pressure on Switzerland in 1996. The story gradually expanded to include the problem of Nazi gold deposited in Europe. This new element was based mainly on documents discovered in archives in the USA and the UK. It was strongly insinuated that this gold came mainly from Jews, although most of the evidence indicated that the noble metal had been stolen from various central banks in occupied Europe, and the Jewish share in it was relatively small.

The pressure exerted on Switzerland was not allowed to exceed certain limits, because the forces behind the campaign - the WJC, the Jewish Agency and Senator D'Amato - were not interested in seeing the role of the allies and the Jewish organizations before, during and after the Second World War open for discussion. Therefore they concentrated on the gold issue, while avoiding embarrassing questions such as why the information which was recently found in the US and British archives concerning the important role of Switzerland in the Nazi economy did not lead to effective pressure on Switzerland already during the war and especially after it. The Nazi gold issue is well-documented, and thus even here the above question is unavoidable. According to official Swiss documents, the amount of "German" gold transferred to Switzerland during the war was at least 1.6 billion Francs, and the USA was very accurately informed as to the amount. Nevertheless, in negotiations conducted with the Swiss after the war, the latter were only made to give up about 250 million Francs. There are many indications that the Swiss profited from insider help, because there were circles in the US and other allied countries that were interested in defending the German assets.

     In US Senate hearings held in 1945, a senior US official, Russel Nixon, stated that certain elements in the, US State Department and the British and French foreign offices deliberately attempted to block the post-war search for Nazi properties in the "neutral" countries, because otherwise the collaboration between some interest groups in the allied states and the "neutrals" would have been exposed. According to Nixon, this exposure would have hurt certain economic interests, and the fight against communism would have suffered.

Many details backing up this conclusion have been presented in the works of John Loftus and Mark Aarons.3 Very important in this context are the activities of the US secret service, the OSS, and its representative in Switzerland, Allen W. Dulles (later to head the CIA). The authors bring many proofs that Dulles was very central to the laundering of Nazi flight capital. He used this money to finance the establishment of anti-communist espionage networks. For these purposes he enlisted the services of all sorts of Nazis as well as, of course, that of the Swiss banking system.

One of the central, now declassified US documents dealing with these operations is the Vincent La Vista Report of 1947. It is interesting to note that three of Dulles' bank connections mentioned in the report are Jewish - two in Switzerland and one in Tel Aviv. According to Loftus and Aarons (who are strongly pro-Zionist) there is another Israeli angle to this story as well. They argue that Ben Gurion, who learned about these money-laundering operations) was able to use this knowledge to blackmail Dulles and company (including Nelson Rockefeller) to support the UN plan for partition of Palestine in the November 29, 1947 vote in the General Assembly. The deal was that Rockefeller would use his weight and influence on the South American countries to persuade them to support the establishment of the State of Israel. This would explain the sudden change of mind of many of the countries of this region and their support of UN Resolution 181. For his part, Ben Gurion promised that Israel would not really pursue the important Nazi criminals. Israel fulfilled its part of the bargain, the case of Adolf Eichmann being an unavoidable exception.

There is much additional strong evidence that Allen Dulles and his brother, John Foster Dulles, were central figures in the relationships between German and US industrial combines, like IG Farben and Standard Oil, in which the Swiss connection played an important role.

This brief summary shows what sort of a Pandora's box has been opened by the exposure of Nazi assets in Switzerland. The further development of this story depends, to a large extent, on the political forces who will further the research and demand that consequences, including the financial ones, be applied. It is not just a matter of reinterpreting the Second World War and the New World Order which emerged in its wake; it is the story of money which was robbed by the Nazis from various sources, and which should be recovered and redistributed justly. Because two strong Jewish organizations the WJC and the Jewish Agency, are leading the campaign at present, the Swiss are ready to pay hush money. They apparently believe, like many judeophobes, that the Jews really control the world or at least the banking world, and that if they are not propitiated, the repercussions will be harsh.

However, precisely because the process of uncovering new facts cannot be stopped and the general public atmosphere is very receptive, it is high time to ask publicly by what right do these Jewish organizations speak in the name of the Nazi victims. How is it that they and the State of Israel claim to be the heirs of those victims? Given the role played by most of the Jewish organizations during the Judeocide, one has to be skeptical of their right to claim this mantle. When we examine, for example, the role of the Zionist movement, we find at the very least a conscious refraining from any rescue actions which were not instrumental for national-Zionist goals, i.e., the establishing of a Jewish state in Palestine. Even more radical is the claim of S.B.Beit-Zvi4 who states that the Zionist leadership sabotaged any rescue attempts which did not serve Zionist goals. Ultra-orthodox Jews, as well as  both radical Rightists and Leftists accuse the Zionist leadership, under Ben Gurion, of one degree or another of collaboration with the SS in the destruction of European Jewry

The present Israeli government, which has become aware of the chance to receive compensation payments from Switzerland, has now reduced its financial support to 'Amcha,' a welfare organization for poverty-stricken Judeocide survivors - this while in Switzerland it frames its claims in terms of the urgent needs of these survivors. Once again we are witness to Israel's misuse of Jewish suffering to finance its policy of aggression. Moreover, it is no longer possible to agree to reducing the scope of Nazi crimes to those committed against the Jewish people exclusively. We know well enough that many other people were persecuted, because of their political views, "racial" origins, sexual orientation, etcetera. It is also clear that several methods and mechanisms of mass extermination are still practiced in the world today, although sometimes in different forms than those used by the Nazis.

In the political climate which exists today in Switzerland, there is a good chance to build a campaign to use the recovered Nazi assets to establish an international fund to finance grassroots activities for the rehabilitation of refugees and for peace projects all over the world. In any such allocation of funds, the Palestinians should be given high priority. This would not only render a positive service towards peace in the Middle East, but it would take into account that the Palestinians may in fact be considered indirect victims of the Nazis. It has until now been impossible to launch such a campaign in Switzerland, because most of the non-Jews supporting such an idea are afraid to come out in public for it without some Jewish backing, and there is not yet enough Jewish support locally for such a campaign. For this reason it is high time to start such an international campaign, which could have a direct influence on the discussion in Switzerland."

 

Notes

1 Yehudah Bauer, American Jewry and the Holocaust - The American Jewish Joint Distribution Committee, 1939-1945. Wayne State University Press, Detroit,1981,p 329).

2 Israel Kastner was the representative of the Jewish  Agency in . Hungary during Worid War II, and was accused by an Israeli Court in l954 of having collaborated in the name of the Jewish Agency with the SS and being instrumental in the deportation to Auschwitz of 450,000  Hungarian Jews. - selected group of Zionist leaders were allowed to immigrate to Palestine. The affair has still not been fülly clarified, and it seems that key information concerning these events is connected to Switzerland, as much of the negotiations between Kastner and the Germans took place on the Swiss border.

3 see Mark Aarons and John Loftus, Unholy Trinity -How the Vatican's Nazi Networks betrayed Western Intelligence to the Soviets, St. Martin's Press, New York, 1992 and The Secret War against the Jews- How Western Espionage betrayed the Jewish People, St. Martin's Press, New York, 1994 4 see S.B. Beit Zvi, Post-Ugandan Zionism in the Crucible of the Holocaust. Bronfman Publishers, Tel Aviv, 1977 (English edition, in private publication, Tel Aviv, 1991)

 

 

 


 

An appeal to launch an international campaign for a World War II Restitution Fund for Refugees and Peace Projects The history of Switzerland during the Second World War is now of interest world-wide. which opens an opportunity to clarify many dark chapters of that war and the post-war period, in which Switzerland played a central role. For this purpose there must be an honest international effort, and not just an attempt to "control the damage." There are many concrete indications that Nazi loot was deposited and laundered in and through Switzerland. Even today it is still relevant to try to recover these assets and put them to constructive use.

Those Jewish organizations which until now have been the main force exerting pressure on Switzerland, present themselves as speaking in the name of the victims of Nazism. We ask: by what right? These organizations refrained from doing all in their power to rescue European Jewry during the Judeocide. Some of them even sabotaged efforts which they felt contradicted the Zionist project. The Kastner Affair, which is still very much alive in Israel, casts more than a shadow of suspicion of Zionist collaboration with the Nazis in the destruction of Hungarian Jewry. The Zionist organizations have a long tradition of misusing the sufferings of European Jewry for political and economic purposes. This has to stop. With their present campaign for Jewish "heirless" assets in Switzerland, they have reached a new peak of cynicism. There are strong indications that more than half of these assets were embezzled by Jewish organizations themselves.

An international campaign should be launched with the following aims:

• the establishment of an independent, international research team.

• recovered Nazi assets and "heirless" properties whose original owners and their heirs cannot be located - should go to an international fund to finance the rehabilitation of refugees and grassroots peace projects throughout the world.

• needy survivors (Jews and non-Jews) of the Nazi-atrocities should be compensated directly from monies provided by Germany and Israel. For a very long time the latter state has misused the compensation monies it receives to finance its military aggression.

• Palestinians should receive a high priority in such a fund. as they are indirect victims of Nazism. Support provided for grassroots peace projects might be an important element in the struggle for a just solution to the Palestinian-Israeli conflict. If you are interested in supporting this campaign, please contact: Shraga Elam,

 

 

 

 

Shraga Elam is an Israeli free-lance journalist and press-documentalist in Zurich. He has conducted extensive research on the role of the Zionist movement during World War II. Some of his findings on the role of Switzerland in this period appear in the recently-published book, Die Schweiz am Pranger-Banken, Bosse und die Nazis [Switzerland accused - Banks, Bosses and the Nazis] Ueberreuter Wirtschaftsvlg, KNO, 1997.

 

 

 

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