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Prescott Bush's business history is well-documented

by Steve Hoop Thursday, Nov. 13, 2003 at 4:56 PM

In response to Ronald Johnson's statement in his April 18 letter to the editor: "I have read too many false statements made by left-wing letter writers …" Well, Mr. Johnson, here are the facts regarding Prescott Bush (George W.'s grandfather):

Under the Trading with the Enemy Act, the United States government took over the Union Banking Corporation, in which Bush was a director. The U.S. Alien Property Custodian seized Union Banking Corp.'s stock shares, all of which were owned by Prescott Bush, E. Roland "Bunny" Harriman, three Nazi executives, and two other associates of Bush.

Office of Alien Property Custodian, Vesting Order No. 248: The order was signed by Leo T. Crowley, President Franklin Roosevelt's Alien Property Custodian, executed Oct. 20, 1942; F.R. Doc. 42-11568; Filed, Nov. 6, 1942, 11:31 A.M.; 7 Fed. Reg. 9097 (Nov. 7, 1942). See also the New York City Directory of Directors (available at the Library of Congress). The volumes for the 1930s and 1940s list Prescott Bush as a director of Union Banking Corporation for the years 1934 through 1943. For an on-line copy of vesting order No. 248, cut and paste: cmbpolitics.com/bush2000/Vesting.htm

Alien Property Custodian Vesting Order No. 259 (Oct. 28, 1942) seized Seamless Steel Equipment Corporation; Vesting Order No. 261, (Oct 28, 1942) seized Holland-American Trading Corp; and Order No. 370 (Nov. 17, 1942) seized Silesian-American Corp. — all companies under the control of Prescott Bush.

Mr. Johnson, like most neo-conservatives these days, is willing to run his bellicose rhetoric without checking his facts. American elitists' involvement with the German Nazis has been documented for a long time, but denial among many republicans has allowed these despicable human beings to continue to direct politics in this county and among the Republican Party. What do you think President Eisenhower was referring to in his "Military-Industrial Complex Speech" before leaving office in January of 1961?

Steve Hoop

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