None Dare Call It Conspiracy

by Gary Allen

Concord Press, 1971, paperback


Most of us believe socialism is what the socialists want us to believe it is-a share-the-wealth program. That is the theory. But is that how it works? Let us examine the only Socialist countries-according to the Socialist definition of the word-extant in the world today. These are the Communist countries. The Communists themselves refer to these as Socialist countries, as in the Union of Soviet Socialist Republics. Here in the reality of socialism you have a tiny oligarchial clique at the top, usually numbering no more than three percent of the total population, controlling the total wealth, total production and the very lives of the other ninety-seven percent cent...

If one understands that socialism is not a share-the-wealth program, but is in reality a method to consolidate and control the wealth, then the seeming paradox of superrich men promoting socialism becomes no paradox at all. Instead it becomes the logical, even the perfect tool of power-seeking megalomaniacs. Communism, or more accurately, socialism, is not a movement of the downtrodden masses, but of the economic elite.

If you wanted to control the nation's manufacturing, commerce, finance, transportation and natural resources, you would need only to control the apex, the power pinnacle, of an all-powerful socialist government. Then you would have a monopoly and could squeeze out all your competitors. If you wanted a national monopoly, you must control a national socialist government. If you want - a worldwide monopoly, you must control a world socialist government. That is what the game is all about. "Communism" is not a movement of the downtrodden masses but is a movement created, manipulated and used by power-seeking billionaires in order to gain control over the world . . . first by establishing socialist governments in the various nations and then consolidating them all through a "Great Merger," into an all-powerful world, socialist super-state ...

Where do governments get the enormous amounts money they need? Most, of course, comes from taxation; but governments often spend more than they are willing to tax from their citizens and so are forced to borrow.

The public is led to believe that our government borrows from "the people" through savings bonds. Actually, only the smallest percentage of the national debt is held by individuals in this form. Most government bonds, except those owned by the government itself through its trust funds, are held by vast banking firms known as international banks.

For centuries there has been big money to be made by international bankers in the financing of governments and kings. Such operators are faced, however, with certain, thorny problems. We know that smaller banking operations protect themselves by taking collateral, but what kind of collateral can you get from a government or 'a king? What if the banker comes to collect and the king says, "Off with his head"? The process through which one collects a debt from a government or a monarch is not a subject taught in the business schools of our universities, and most of us-never having been in the business of financing kings-have not given the problem much thought. But there is a king-financing business and to those who can ensure collection it is lucrative indeed.

Economics Professor Stuart Crane notes that there are two means used to collateralize loans to governments and kings. Whenever a business firm borrows big money its creditor obtains a voice in management to protect his investment. Like a business, no government can borrow big money unless willing to surrender to the creditor some measure of sovereignty as collateral. Certainly international bankers who have loaned hundreds of billions of dollars to governments around the world command considerable influence in the policies of such governments.

But the ultimate advantage the creditor has over the king or president is that if the ruler gets out of line the banker can finance his enemy or rival. Therefore, if you want to stay in the lucrative king-financing business, it is wise, to have an enemy or rival waiting in the wings to unseat every king or president to whom you lend. If the king doesn't have an enemy, you must create one.

Preeminent in playing this game was the famous House of Rothschild. Its founder, Meyer Amschel Rothschild (1743-1812) of Frankfurt, Germany, kept one of his five sons at home to run the Frankfurt bank and sent the others to London, Paris, Vienna and Naples. The Rothschilds became incredibly wealthy during the nineteenth century by financing governments to fight each other.

... In describing the characteristics of the Rothschilds and other major international bankers, Dr. Quigley tells us that they remained different from ordinary bankers in several ways: they were cosmopolitan and international; they were close to governments and were particularly concerned with government debts, including foreign government debts; these bankers came to be called "international bankers."

Since the keystone of the international banking empires has been government bonds, it has been in the interest of these international bankers to encourage government debt. The higher The debt the more the interest. Nothing drives government deeply into debt like a war; and it. has not been an uncommon practice among international bankers to finance both sides of the bloodiest military conflicts. For example, during our Civil War the North was financed by the Rothschilds through their American agent, August Belmont, and the American South through the Erlangers, Rothschild relatives.

But while wars and revolutions have been useful to international bankers in gaining or increasing control over governments, the key to such control has always been control of money. You can control a government if you have it in your debt; a creditor is in a position to demand the privileges of monopoly from the sovereign. Money-seeking governments have granted monopolies in state banking, natural resources, oil concessions and transportation. However, the monopoly which the international financiers most covet is control over a nation's money.

Eventually these international bankers actually owned as private corporations the central banks of the various European nations. The Bank of England, Bank of France and Bank of Germany were not owned by their respective governments, as almost everyone imagines, but were privately owned monopolies granted by the heads of state, usually in return for loans.

Reginald McKenna, President of the Midlands Bank of England

Those that create and issue the money and credit direct the policies of government and hold in their hands the destiny of the people.

The Communist Manifesto, Karl Marx - fifth plank - to ensure control of government

Centralization of credit in the hands of the state, by means of a national bank with state capital and an exclusive monopoly.

The international bankers created a series of panics as a demonstration of their power - a warning of what would happen unless the rest of the bankers got into line. The man in charge of conducting these lessons was J. Pierpont Morgan, American-born but educated in England and Germany. Morgan is referred to by many ... as the top American gent of the English Rothschilds.

How powerful is our "central bank?" The Federal Reserve controls our money supply and interest rates, and thereby manipulates the entire economy - creating inflation or deflation, recession or boom, and sending the stock market up or down at whim.

Using a central bank to create alternate periods of inflation and deflation, and thus whipsawing the public for vast profits, had been worked out by the international bankers to an exact science.

... Between 1923 and 1929, the Federal Reserve expanded (inflated) the money supply by sixty-two percent. Much of this new money was used to bid the stock market up to dizzying heights.

The House Hearings on Stabilization of the Purchasing Power of the Dollar disclosed evidence in 1928 that the Federal Reserve Board was working closely with the heads of European central banks. The Committee warned that a major crash had been planned in 1927. At a secret luncheon of the Federal Reserve Board and heads of the European central banks, the committee warned, the international bankers were tightening the noose.

Montagu Norman, Governor of the Bank of England, came to Washington on February 6, 1929, to confer with Andrew Mellon, Secretary of the Treasury. On November 11, 1927, the Wall Street Journal described Mr. Norman as "the currency dictator of Europe." Professor Carroll Quigley notes that Norman, a close confidant of J. P. Morgan, admitted: "I hold the hegemony of the world." Immediately after this mysterious visit, the Federal Reserve Board reversed its easy-money policy and began raising the discount rate. The balloon which had been inflated constantly for nearly seven years was about. to be exploded.

On October 24, the feathers hit the fan. Writing in The United States' Unresolved Monetary and Political Problems, William Bryan describes what happened:

When everything was ready, the New York financiers started calling 24 hour broker call loans. This meant that the stock brokers and the customers had to dump their stock on the market in order to pay the loans. This naturally collapsed the stock market and brought a banking collapse all over the country because the banks not owned by the oligarchy were heavily involved in broker call claims at this time, and bank runs soon exhausted their coin and currency and they had to close. The Federal Reserve System would not come to their aid, although they were instructed under the law to maintain an elastic currency.


The investing public, including most stock brokers and bankers, took a horrendous blow in the crash, but not the insiders. They were either out of the market or had sold "short" so that they made enormous profits as the Dow Jones plummeted.

To think that the scientifically engineered Crash of '29 was an accident or the result of stupidity defies all logic. The international bankers who promoted the inflationary policies and pushed the propaganda which pumped up the stock market represented too many generations of accumulated expertise to have blundered into "the great depression."

Congressman Louis McFadden, Chairman of the House" Banking and Currency Committee, commented:

It [the depression] was not accidental. It was a carefully contrived occurrence .... The international bankers sought to bring about a condition of despair here so that they might emerge as the rulers of us all.

Oswald Spengler, historian, in Decline of the West

There is no proletarian, not even a Communist, movement, that has not operated in the interests of money, in the direction indicated by money, and for the time being permitted by money - and that without the idealists among its leaders having the' slightest suspicion of the fact.

The best way for the insiders to eliminate ... growing competition was to impose a progressive income tax on their competitors while writing the laws so as to include built-in escape hatches for themselves. Actually, very few of the proponents of the graduated income tax realized they were playing into the hands of those they were seeking to control. As Ferdinand Lundberg notes in The Rich And The Super-Rich:

What it [the income tax] became, finally, was a siphon gradually inserted into the pocketbooks of the general public. Imposed to popular huzzas as a class tax, the income tax was gradually turned into a mass tax in a jiujitsu turnaround...

... The escape hatch for the insiders to avoid paying tax was ready. By the time the [income tax] Amendment had been approved by the states (even before the income-tax was passed), the Rockefellers and Carnegie foundations were in full operation... These monopolists could now compound their wealth tax-free while competitors had to face a graduated income tax which made it difficult to amass capital.

... the conspirators now had created the mechanisms to run up the debt, to collect the debt, and (for themselves) to avoid the taxes required to pay the yearly interest on the debt. Then all that was needed was a reason to escalate the debt. Nothing runs up a national debt like a war. And World War I was being brewed in Europe.

In the Bolshevik Revolution we see many of the same old faces that were responsible for creating the Federal Reserve System, initiating the graduated income tax, set. ting up the tax-free foundations and pushing us into WWI...

No revolution can be successful without organization and money. "The downtrodden masses" usually provide little of the former and none of the latter. But Insiders at the top can arrange for both.

What did these people possibly have to gain in financing the Russian Revolution? What did they have to gain by keeping it alive and afloat, or, during the 1920's by pouring millions of dollars into what Lenin called his New Economic Program, thus saving the Soviets from collapse?

Why would these "capitalists" do all this? If your goal is global conquest, you have to start somewhere. It may or may not have been coincidental, but Russia was the one major European country without a central bank. In Russia, for the first time, the Communist conspiracy gained a geographical homeland from which to launch assaults against the other nations of the world. The West now had an enemy.

In the Bolshevik Revolution we have some of the world's richest and most powerful men financing a movement which claims its very existence is based on the concept of stripping of their wealth men like the Rothschilds, Rockefellers, Schiffs, Warburgs, Morgans, Harrimans, and Milners. But obviously these men have no fear of international Communism. It is only logical to assume that if they financed it and do not fear it, it must be because they control it. Can there be any other explanation that makes sense? Remember that for over 150 years it has been standard operating procedure of the Rothschilds and their allies to control both sides of every conflict. You must 'have an "enemy" if you are going to collect from the King. The East-West balance-of-power politics is used as one of the main excuses for the socialization of America.

A clique of American financiers not only helped establish Communism in Russia, but has striven mightily ever since to keep it alive. Ever since 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 the three volume history Western Technology and Soviet Economic Development by scholar Anthony Sutton of Stanford Universitys Hoover Institution on War, Revolution and Peace. Using, for the most part, official State Department documents, Sutton shows conclusively that virtually everything the Soviets possess has been acquired from the West. It is not much of an exaggeration to say that the U.S.S.R. was made in the U.S.A..

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)...

One must draw the distinction between competitive free enterprise ... and cartel capitalism dominated by industrial monopolists and international bankers. The difference is the private enterpriser operates by offering products and services in a competitive free market while the cartel capitalist uses the government to force the public to do business with him. These corporate socialists are the deadly enemies of competitive private enterprise.

Liberals are willing to believe that these "robber barons" 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.

If you wish to establish national monopolies, you must control national governments. If you wish to establish international monopolies or cartels, you must control a world government.

The Round Table organization in England grew, out of the life-long dream of gold and diamond magnate Cecil Rhodes for a "new world order."

Rhodes' biographer Sara Millin was a little more direct. As she put it: "The government of the world was Rhodes' simple desire."

"In the middle 1890's Rhodes had a personal income of at least a million pounds sterling a year (then about five million dollars) which he spent so freely for his mysterious purposes that he was usually overdrawn on his account ......

Cecil Rhodes' commitment to a conspiracy to establish World Government was set down in a series of wills described by Frank Aydelotte in his book American Rhodes Scholarships. Aydelotte writes:

The seven wills which Cecil Rhodes made between the ages of 24 and 46 [Rhodes died at age forty-eight] constitute a kind of spiritual autobiography. . . Best known are the first (the Secret Society Will... ), and the last, which established the Rhodes Scholarships.

In his first will Rhodes states his aim still more specifically: 'The extension of British rule throughout the world . . . . the foundation of so great a power as to hereafter render wars impossible and promote the interests of humanity.'

Professor Carroll Quigley

At the end of the war of 1914, it became clear that the organization of this system [the Round Table Group] had to be greatly extended... established, in England and each dominion, a front organization to the existing Round Table Group. This front organization, called the Royal Institute of International Affairs, had as its nucleus in each area the existing submerged Round Table Group. In New York it was known as the Council on Foreign Relations, and was a front for J. P. Morgan and Company in association with the very small American Round Table Group.

The policies promoted by the C.F.R. in the fields of defense and international relations become, with a regularity which defies the laws of chance, the official policies of the United States Government...

As World War II approached, the Round Table Group was influential in seeing that Hitler was not stopped in Austria, the Rhineland, or Sudetenland - and thereby was largely responsible for precipitating the holocaust. A second world war would greatly enhance the opportunity for establishment of World Government. The financing for Adolph Hitler's rise to power was handled through the Warburg-controlled Mendelsohn Bank of Amsterdam and later by the J. Henry Schroeder Bank with branches in Frankfurt, London and New York. Chief legal counsel to the J. Henry Schroeder Bank was the firm of Sullivan and Cromwell whose senior partners included John Foster and Allen Dulles.

... With the Round Table doing its work in Europe, the C.F.R. carried the ball in the United States. The Council's first task was to infiltrate and develop effective control of the U.S. State Department-to make certain that after World War II there would be no slip-ups as there had been following World War 1. The story of the C.F.R. takeover of the Department of State is contained in State Department Publication 2349, Report To The President On The Results of the San Francisco Conference. It is the report of Secretary of State Edward R. Stettinius (C.F.R.) to President Truman. On page twenty we find:

With the outbreak of war in Europe it was clear that. the United States would b confronted, after the war, with new and exceptional problem. . . '. Accordingly, a Committee on Post-War Problems was set up before the end of 1939 [two years before the U, S. entered the. war], at the suggestion of the C.F.R. The Committee consisted of high officials of the Department of State [all but one of whom were C.F.R. members]. It was assisted by a research staff [provided by, financed by, and directed by the C.F.R.], which in February, 1941, was organized into a Division of Special Research [and went off the C.F.R. payroll and onto that of the State Department].

[After Pearl Harbor] the research facilities were rapidly expanded, and the Departmental Committee on Post-War Problems was reorganized into an Advisory Committee on Post-War Foreign Policies [completely staffed by the C.F.R.}.

Today the C.F.R. remains active in working toward its final goal of a government over all the world-a government which the Insiders and their allies will control. The goal of the C.F.R. is simply to abolish the United States with its Constitutional guarantees of liberty. And they don't even try to hide it. Study No. 7, published by the C.F.R. on November 25, 1959, openly advocates "building a new international order [which] must be responsive to world aspirations for peace, [and] for social and economic change . . . an international order ... including states labeling themselves as "Socialist" [Communist].

The C.F.R. [Council on Foreign Relations] is totally interlocked with the major foundations and so-called "Think Tanks." Included in the interlock are the Rockefeller, Ford and Carnegie foundations and the Rand Corporation, Hudson Institute, Fund for Republic and Brookings Institute "Think Tanks.

Professor Carroll Quigley

There does exist, and has existed for a generation, an international... network. In fact, this network which we may identify as the Round Table Groups, has no aversion to cooperating with the Communists, or any other groups, and frequently does so.

The Federal Reserve-CFR Insiders began pushing to open up Communist Russia to U. S. 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 U. S. government policy not to deal with the outlaw government. The U. S. did not officially recognize the Bolsheviks until 1933. In the meantime, the Soviet economy was in a shambles and the people were starving to death. Communism would have collapsed had it not been aided by the Insiders. The Bolsheviks were originally saved from collapse by Herbert Hoover (CFR) who raised money to buy food which was appropriated by Lenin and his gangsters.. They used it as a tool to subdue starving peasants who had been resisting their newly imposed slave masters. While Hoover's "humanitarian" gesture saved the Soviet regime, the Russian economy was still in total chaos. In came the Vanderlips, Harrimans and Rockefellers. One of the first to jump was Frank Vanderlip, an agent of the Rockefellers and one of the Jekyll Island conspirators, president of the Rockefeller First National City Bank, who compared Lenin to George Washington.

Averill Harriman in a report to the State Department in June, 1944, quoted by Anthony Sutton

Stalin paid tribute to the assistance rendered by the United States to Soviet industry before and during the war. He said that about two-thirds of all the large industrial enterprise in the Soviet Union had been built with United States help or technical assistance.

New World Order

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