The Global Bankers’ FDR: Post WWI (Part 3 of 5)

Toomas Trei
Activist Post

Woodrow Wilson’s vision and objective of creating a just, post-war lasting peace was the basis of his 4 Principles, and the accompanying 14 Points. This was to be the blueprint for achieving a lasting peace. Although Wilson’s effort did not win respect in Europe, it was well-meaning and was intended to protect the sovereignty of smaller nations and peoples. The 2nd Principle stated specifically that, “Peoples and Sovereignty must not be bartered about from sovereignty to sovereignty as if they were pawns in a game.’’[1]

The vehicle for maintaining this fair and lasting peace would be the League of Nations where the rights of all nations would be guaranteed, and where international differences could be resolved peacefully. House also understood the additional opportunity that the League offered for centralized control and decision making.

While Wilson and House were at the Peace conference at Versailles in 1919, Estonians, Latvians and Lithuanians were fighting for their freedom and independence on their ancestral lands against the two staggering superpowers Germany and Russia who had held them captive for centuries. The important points that Wilson wanted to foster in the post-war world League of Nations — self-determination for all nationalities, freedom of the seas, a system of collective security — were precious for the small, emerging new nations of Europe.

At Versailles, Wilson insisted that WWI had been against the German government and not the German people, but the European view, led by Prime Minister Georges Clemenceau of France, demanded harsh penalties be placed on Germany. The result was that Germany was made to pay 269 billion gold marks in retribution.

Wilson did not succeed with the League of Nations because the world’s major powers — United States, Soviet Union and Germany — did not become members. However, because the League promised fair treatment for all nations and peoples, the new nations of Central and Eastern Europe, (including Estonia, Latvia and Lithuania), joined hoping to safeguard their positions as independent nations. Unfortunately for them, Wilson’s League of Nations legacy would be twenty years of an unsteady truce, before Europe was involved in an even more cataclysmic conflict, World War II.


On July 29, 1921, the Council on Foreign Relations (CFR) was incorporated in New York, in response to the floundering League of Nations. This followed up an earlier Col. House initiative. The CFR leadership was provided from the American banking community and included Paul Warburg, Nelson Aldrich, Bernard Baruch, Jacob Schiff, Frank Vanderlip, J.P. Morgan and John D. Rockefeller. The CFR objective was to control and guide future United States government policy decisions towards a one world government direction.[2]

CFR membership was comprised of key leaders from the financial, political, industrial, commercial, legal and cultural sectors of the U.S.A., being modeled after its British counterpart the Britain’s Royal Institute of International Affairs (RIIA). Both were organized on the Masonic model with a large outer core, and a much smaller decision-making Round Table Group in the centre sanctuary.[3] 

According to Curtis Dall, “The first important financial donation to the C.F.R., and there had to be a first one, of course, was made by one of the Rockefeller Family Foundations, in 1919  … President Wilson’s advisor, Col. House, initially “fronted” the new C.F.R. U.N. promotion for the Internationalists, with Mr. Baruch and Mr. Frankfurter looking over his shoulder.”[4]

Eustace Mullins commented on how prevalent CFR members became in government administrations, yet how the organization was able to maintain its anonymity; “the fact that it [CFR] has staffed almost every key position of every administration since the days of FDR – it is doubtful that one American in a thousand so much as recognized the Council’s name”[5]


When Wilson’s term as President ended and the Democratic Party’s Cox and Roosevelt were defeated by Republicans Harding and Coolidge in 1920, FDR returned to the financial world of Wall Street. During this period FDR broadened his support, becoming a Director in eleven Wall Street corporations which helped him run successfully for Governor of New York in 1928, and later propelled his Presidential bid successfully into the White House in 1932. [In 1921 he had the misfortune of being struck with polio.]

On March 4 1933, Franklin Delano Roosevelt took the Presidential oath of office. Then in  early April, in a move eerily similar to Lenin’s decree confiscating Russian citizens’ valuables upon seizing power, FDR issued Presidential Executive Order 6102 outside of the US Constitution stating that a national emergency existed, and thus he was confiscating the gold holdings of private US citizens at a price of $20.67 per ounce. Citizens who did not comply with this unconstitutional law were subject to $10,000 fines and/or imprisonment. Then in January 30, 1934, FDR set the value of an ounce of gold at $35 per ounce, and a few months later he also doubled the price of silver.

In effect, his actions were an outright theft from the U.S. middle class, while larger holders and hoarders of gold and silver who kept their assets in foreign accounts, (i.e. the international banking community), made a quick 70% return on their holdings.

In January 1933, Bernard Baruch told FDR’s son-in-law Curtis Dall that he personally held 5/16ths of the world’s silver.[6] Thus Baruch made a huge gain when the price of silver was raised, while American small businessmen and farmers suffered. The Chairman of the House Banking Committee, Congressman Louis McFadden, charged that this was “an operation run for the benefit of the international bankers.” 

(After two attempts on his life, Louis McFadden (born 1876) collapsed and died at a banquet in a suspected case of poisoning in 1936.)[7] 

This gold confiscation legislation advice came from the Council of Foreign Relations and the Federal Reserve Bank Board.[8] By implementing this policy in his first year in office, FDR showed his fealty to the international bankers, mirroring the behaviour of Woodrow Wilson and Lenin, who had acted similarly upon taking office earlier in the century.

In spite of the atrocities occurring in the Soviet Union under Stalin’s rule, which were confirmed to FDR from his own administration’s reports, on November 17, 1933, FDR became the first United States President to formally recognize the communist Soviet Union as a legitimate nation. This action completely overlooked the starvation slaughter of many millions of Ukranians and legalized the already ongoing trade and commerce with the Soviets, and acknowledged the actual situation that Ukrainian grain and other raw materials were being sold in exchange for British and American machinery.[9]

The Soviet Union was accepted by the League of Nations in 1934.

FDR was guided to and during his first Presidential term by Soviet sympathizer Louis Howe until Howe’s death in 1936. Then Harry Hopkins became FDR’s closest confidant.  Hopkins was the trusted lead in relations with Great Britain and the Soviet Union, and later administered the wartime Lend-Lease budget.

Arnold Beichmann of the Hoover Institution on War, Revolution and Peace summarized FDR’s behavior, “from the time he took office in 1933, FDR ignored informed assessments within the State Department of the nature of Soviet diplomacy and that, consequently, the peoples of Central Europe for some four decades paid the price.”[10]  


In 1933, Stalin, Hitler and Roosevelt consolidated autocratic leadership positions in their countries. For the next 12 years they dictated global geopolitical decisions though they were not League of Nations members.

We will protect your privacy…guaranteed!

At FDR’s first cabinet meeting, advisor Bernard Baruch provided each new cabinet member with a book by Italian Fascist theoretician Giovanni Gentile, who had introduced the term ‘corporatism’ – the merger of state and corporate power.[11] The advisors that were placed close to FDR – Bernard Baruch, Harvard Professor Felix Frankfurter, CFR member Louis Howe, wife Eleanor, and later Harry Hopkins, were responsible for key government appointments and decisions. All had sympathies and favoured the global bankers’ investment, the Bolshevik Soviet Union.

In 1933, the Ukrainian holocaust (Holomodor) was at its climax as small farmers were being deliberately starved to death to enforce Stalin’s aggressive and punitive collectivization. This policy focused on eliminating Ukrainian nationalism and its middle class of small independent farmers, the ‘kulaks’. This forced famine upon these small farmers of the Ukraine and the neighbouring territories was a ‘secret genocide’ which was denied by the Communists in Moscow and their supporters in the west.

Even Communist apologist, New York Times’ Moscow Bureau Chief Walter Duranty, in his report to the British Embassy, places the death toll at close to 10 million, (although this number was never printed).[12] Duranty instead espoused the Soviet line, ‘use of the word famine … is a sheer absurdity’ and he blamed ‘émigrés … elements hostile to the Soviet Union … to avert American recognition’ [of the Soviet government].  On the August 23, 1933, New York Times, Duranty wrote; “any report of a famine in Russia is today an exaggeration or malignant propaganda. The food shortage, however, which has affected the whole population in the last year and particularly in the grain-producing provinces, the Ukraine, North Caucasus, the Lower Volga, has, however, caused heavy loss of life.”[13]   English author Malcolm Muggeridge, who also spent considerable time in the Soviet Union, said that Duranty, was “the greatest liar of any journalist I have met in fifty years of journalism”. [14]

Thus the true reality of Soviet life was withheld from U.S. citizens.


In 1935, 32 degree Masons Roosevelt and Henry Wallace, [FDR’s 1st and 2nd term Secretary of Agriculture, 3rd term Vice President, and 1948 Communist party endorsed Presidential candidate], inserted the 1782 masonically inspired “Great Seal” logo onto the reverse side of the US $1 dollar bill. With its inscribed Latin logo “Novus Ordo Seclorum” [New World Order], and the Masonic/Illuminati’s unfinished pyramid topped with its all-seeing eye capstone, Masonic influence, secrecy and power were now formally recognized in the top political and bamking circles in the USA.[15]

Freemasonry was important in FDR’s personal and political life as his sons Elliott, James and Franklin D. Jr. also joined lodges, and Presidents Wilson, Truman, and many advisors – Schiff, House, Baruch, Wallace, Stimson, and other U.S. government officials also were masons. 

The masonic, Bolshevik leadership of the Soviet Union also advanced the global banker agenda which could explain why neither Wilson nor FDR ever challenged them. 

Georgetown Professor, CFR member, and mentor of future Democratic President Bill Clinton, Dr. Carroll Quigley summarized the “New World Order” objective;  

“The powers of financial capitalism had another far reaching aim, nothing less than to create a world system of financial control in private hands, able to dominate the political system of each country and the economy of the world as a whole. This system was to be controlled in a feudalist fashion by the central banks in the world acting in concert, by secret agreements arrived at in frequent meetings and conferences. 

The apex of the systems was to be the Bank of International Settlements [BIS] in Basle, Switzerland, a private bank owned and controlled by the world’s central banks which were themselves private corporations.”[16]  (BIS was established by Charles E. Dawes in 1930, with Rothschild family support.)[17]

The Great Seal’s pyramid base dated MDCCLXXVI (1776), reminds Americans of July 4, 1776, the date associated with the Declaration of Independence. [However all things Masonic have more than one meaning – usually one for the uninitiated and the outer circle, and others for the ‘illuminated’.] 1776 also has meaning in Jewish occult numerology, and May 1, 1776 is the date when Adam Weishaupt, (chosen by Mayer Amschel Rothschild to develop an organization that Rothschild could use)[18], founded the Bavarian Illuminati.

Author Paul Foster Case, in The Great Seal of The United States’ – Its History, Symbolism and Message for the New Age, notes these 1776 references; “In the gematria of the Greek language, 1776 is the number of the phrase ‘he soteria Israel’, “the salvation of Israel” … the fact remains that the New World Order begun in 1776 [Illuminati] … since the date, 1776 … has been so important in the history of the United States …”[19]


[1]Warner, P., World War I–A Chronological Narrative, Arms and Armour Press,  London, 1995, p 224
[2]Epperson, R.A., The Unseen Hand, Publius Press, Tucson, 1990, p 196
[3]Allen G., & Abraham L., None Dare call it Conspiracy, Buccaneer Books Cutchogue, NY, 1976, p 94
[4]Dall, C.B.,  F.D.R. My Exploited Father-in-Law, Christian Crusade Publications, Tulsa , 1968, p 171
[5]Allen G., & Abraham L., None Dare call it Conspiracy, Buccaneer Books Cutchogue, NY, 1976, p 95 
[6]Dall, C.B.,  F.D.R. My Exploited Father-in-Law, Christian Crusade Publications, Tulsa , 1968, p 74
[7]Epperson, R., A., The Unseen Hand, Publius Press, Tucson, 1985, p 66
[8]Dall, C.B.,  F.D.R. My Exploited Father-in-Law, Christian Crusade Publications, Tulsa , 1968, p 90 
[9]Suny, R.G., The Soviet Experiment, Oxford University Press, New York, 1998, p 293
[10]Beichmann, A., Roosevelt’s Failure at Yalta,
[11]Epperson, R. A., The Unseen Hand, Publius Press, Tucson, 1985, p 271
[12]Conquest, R., The Harvest of Sorrow’, Oxford University Press, New York, 1986, p 304
[13]Conquest, R., The Harvest of Sorrow’, Oxford University Press, New York, 1986, p 319
[14]Conquest, R., The Harvest of Sorrow’, Oxford University Press, New York, 1986, p 320
[15]McConnachie, J., & Tudge, R., The Rough Guide to Conspiracy Theories, R G Ltd, London, 2008, p 82 
[16]Quigley, C., Tragedy and Hope, MacMillian Company, New York, 1966, p 324
[17]Wood, P., Global Banking: The Bank of International Settlements,, Oct 19,2005 
[18]Rivera, D. A., Final Warning, .

[19]Case, Paul Foster, The Great Seal of the United States, J.F. Rowny Press, Santa Barbara CA, p 29, FDR Library, Hyde Park, NY

Part 1:  The Global Bankers’ FDR: A Communist Fellow Traveller
Part 2: The Global Bankers’ FDR: US Federal Reserve

Toomas Trei was born in Sweden in 1950 to parents who escaped when the Communists occupied Estonia. His mother always said ‘don’t believe everything that is written about history’.

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