World War Two was made in Wall Street

Standard Oil and Synthetic Fuel

“In two years Germany will be manufacturing oil and gas enough out of soft coal for a long war. The Standard Oil of New York is furnishing millions of dollars to help.”
— (Report from the Commercial Attache, U.S. Embassy in Berlin, Germany, January 1933, to State Department in Washington, D.C,)

The Standard Oil group of companies, in which the Rockefeller family owned a one-quarter (and controlling) interest, [1] was of critical assistance in helping Nazi Germany prepare for World War II. This assistance in military preparation came about because Germany’s relatively insignificant supplies of crude petroleum were quite insufficient for modern mechanized warfare; in 1934 for instance about 85 percent of German finished petroleum products were imported. The solution adopted by Nazi Germany was to manufacture synthetic gasoline from its plentiful domestic coal supplies. It was the hydrogenation process of producing synthetic gasoline and iso-octane properties in gasoline that enabled Germany to go to war in 1940 — and this hydrogenation process was developed and financed by the Standard Oil laboratories in the United States in partnership with I.G. Farben.
Evidence presented to the Truman, Bone, and Kilgore Committees after World War II confirmed that Standard Oil had at the same time “seriously imperiled the war preparations of the United States.” [2]Documentary evidence was presented to all three Congressional committees that before World War II, Standard Oil had agreed with I.G. Farben, in the so-called Jasco agreement, that synthetic rubber was within Farben’s sphere of influence, while Standard Oil was to have an absolute monopoly in the U.S. only if and when Farben allowed development of synthetic rubber to take place in the U.S.:

“Accordingly [concluded the Kilgore Committee] Standard fully accomplished I.G.’s purpose of preventing United States production by dissuading American rubber companies from undertaking independent research in developing synthetic rubber processes.” [3]

Regrettably, the Congressional committees did not explore an even more ominous aspect of this Standard Oil — I.G. Farben collusion: that at this time directors of Standard Oil of New Jersey had not only strategic warfare affiliations to I.G. Farben, but had other links with Hitler’s Germany — even to the extent of contributing, through German subsidiary companies, to Heinrich Himmler‘s personal fund and with membership in Himmler’s Circle of Friends as late as 1944.
During World War II, Standard Oil of New Jersey was accused of treason for this pre-war alliance with Farben, even while its continuing wartime activities within Himmler’s Circle of Friends were unknown. The accusations of treason were vehemently denied by Standard Oil. One of the more prominent of these defenses was published by R.T. Haslam, a director of Standard Oil of New Jersey, inThe Petroleum Times (December 25, 1943), and entitled “Secrets Turned into Mighty War Weapons Through I.G. Farben Agreement.” [4] This was an attempt to turn the tables and present the pre-war collusion as advantageous to the United States.
Whatever may have been Standard Oil‘s wartime recollections and hasty defense, the 1929 negotiations and contracts between Standard and I.G. Farben were recorded in the contemporary press and describe the agreements between Standard Oil of New Jersey and I.G. Farben and their intent. In April 1929, Walter C. Teagle, president of Standard Oil of New Jersey, became a director of the newly organized American I.G. Farben. Not because Teagle was interested in the chemical industry but because,

“It has for some years past enjoyed a very close relationship with certain branches of the research work of the I.G. Farben industrie which bear closely upon the oil industry.” [5]

It was announced by Teagle that joint research work on production of oil from coal had been carried on for some time and that a research laboratory for this work was to be established in the United States[6] In November 1929 this jointly owned Standard — Farben research company was established under the management of the Standard Oil Company of New Jersey, and all research and patents relating to production of oil from coal held by both I.G. and Standard were pooled. Previously, during the period 1926-29, the two companies had cooperated in development of the hydrogenation process, and experimental plants had been placed in operation in both the U.S. and Germany. It was now proposed to erect new plants in the U.S. at Bayway, New Jersey and Baytown, Texas, in addition to expansion of the earlier experimental plant at Baton Rouge. Standard announced:

“… the importance of the new contract as applied to this country lay in the fact that it made certain that the hydrogenation process would be developed commercially in this country under the guidance of American oil interests.” [7]

In December 1929 the new company, Standard I.G. Company, was organized. F.A. Howard was named president, and its German and American directors were announced as follows:
  • E.M. Clark
  • Walter Duisberg
  • Peter Hurll
  • R.A. Reidemann
  • H.G. Seidel
  • Otto von Schenck
  • Guy Wellman
The majority of the stock in the research company was owned by Standard Oil. The technical work, the process development work, and the construction of three new oil-from-coal plants in the United States was placed in the hands of the Standard Oil Development Company, the Standard Oil technical subsidiary. It is clear from these contemporary reports that the development work on oil from coal was undertaken by Standard Oil of New Jersey within the United States, in Standard Oil plants and with majority financing and control by Standard. The results of this research were made available toI.G. Farben and became the basis for the development of Hitler’s oil from-coal-program which made World War II possible.
The Haslam article, written by a former Professor of Chemical Engineering at M.I.T. (then vice president of Standard Oil of New Jersey) argued — contrary to these recorded facts — that Standard Oil was able, through its Farben agreements, to obtain German technology for the United States. Haslam cited the manufacture of toluol and paratone (Op-panol), used to stabilize viscosity of oil, an essential material for desert and Russian winter tank operations, and buna [synthetic] rubber.
However, this article, with its erroneous self-serving claims, found its way to wartime Germany and became the subject of a “Secret” I.G. Farben memorandum dated June 6, 1944 from Nuremburg defendent and then-Farben official von Knieriem to fellow Farben management officials. This von Knieriem “Secret” memo set out those facts Haslam avoided in his Petroleum Times article. The memo was in fact a summary of what Standard was unwilling to reveal to the American public — i.e., the major contribution made by Standard Oil of New Jersey to the Nazi war machine. The Farben memorandum states that the Standard Oil agreements were absolutely essential for I.G. Farben:

“The closing of an agreement with Standard was necessary for technical, commercial, and financial reasons: technically, because the specialized experience which was available only in a big oil company was necessary to the further development of our process, and no such industry existed in Germany; commercially, because in the absence of state economic control in Germany at that time, IG had to avoid a competitive struggle with the great oil powers, who always sold the best gasoline at the lowest price in contested markets; financially, because IG, which had already spent extraordinarily large sums for the development of the process, had to seek financial relief in order to be able to continue development in other new technical fields, such as buna.” [8]

The Farben memorandum then answered the key question: What did I.G. Farben acquire from Standard Oil that was “vital for the conduct of war?” The memo examines those products cited by Haslam — i.e., iso-octane, tuluol, Oppanol-Paratone, and buna — and demonstrates that contrary to Standard Oil’s public claim, their technology came to a great extent from the U.S., not from Germany.

The Tap Blog is a collective of like-minded researchers and writers who’ve joined forces to distribute information and voice opinions avoided by the world’s media.

3 Responses to “World War Two was made in Wall Street”

  1. Anonymous says:

    its been agreed by experts that
    W W II was a jewish engineered
    event for control and financial reasons

  2. Anonymous says:

    There are/were 2 books available online that tell a lot of this story.
    Try “Wall Street & Hitler” & Wall Street & the Bolsheviks:.

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