George H. W. Bush - The Unauthorised Biography by Tarplay, Chaitkin

By Tarplay, Chaitkin

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International Securities Corp. @s2@s4 Clarence Dillon and his son C. Douglas Dillon were directors of USIS, which was spotlighted when Clarence Dillon was hauled before the Senate Banking Committee's famous `` Pecora '' hearings in 1933. USIS was shown to be one of the great speculative pyramid schemes which had swindled stockholders of hundreds of millions of dollars. S. economy to the core, and led to the Great Depression of the 1930s. But William H. 's GCI `` front '' was not apparently affiliated with the USIS `` front '' or with Dillon, and the GCI escaped the Congressmen's limited scrutiny.

These occurrences were the natural consequence of the very excited election campaign, but were extraordinarily exaggerated in the foreign press. The Government is firmly resolved to maintain public peace and order in Germany, and I feel perfectly convinced in this respect that there is no cause for any alarm whatsoever. A. against their Nazi operations. On March 29, 1933, two days after Max's letter to Harriman, Max's son, Erich Warburg, sent a cable to his cousin Frederick M. Warburg, a director of the Harriman railroad system.

In a colorful gesture, Hapag's Nazi chairman Helfferich sent the line's president across the Atlantic on a Zeppelin to confer with their New York string-pullers. After the meeting with the Zeppelin passenger, the Harriman-Bush office replied: `` I am glad to learn that Mr. Hellferich [sic] has stated that relations between the Hamburg American Line and ourselves will be continued on the same basis as heretofore. ''@s3@s3 Two months before moving against Prescott Bush's Union Banking Corporation, the U.

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