How England helped the Nazis to sell Russian gold

70 years after the Second World Bank of England, he admitted that he helped the German fascists to sell the Czechoslovak gold they plundered. About this back in 2013reported the london presswith reference topreviously unpublished chronicleBritish central bank. It was written in the 50s of the twentieth century, but for the first time it was published many years later. I remember in those years reports about this in the media, but here we did not discuss this in a blog.
Although we have already considered the option that"Tsar Gold" of Russia in the USAlet's find out the details of this backroom deal.
What happened to the two thousand gold bars?
Archival documents indicate that in connection with the growing threat of attack by Nazi Germany in the mid-thirties, the Czechoslovak government placed gold in the so-called Bank for International Settlements (BIS), which was established earlier to collect reparations from Germany.
Reich troops invaded Czechoslovakia in October 1938, and in March 1939, the International Bank appealed to the Bank of England to transfer gold from the National Bank of Czechoslovakia to the Reichsbank account for £ 5.6 million (£ 300 million today). More than 2 thousand ingots were confiscated by the fascists from the Czechoslovak central bank - they were "rewritten" from one account to another. Physically, most of the precious metal was in London.
It is important that the Bank of England could not disobey the request of the BIS, since this would be a violation of the peace treaty with Germany concluded after the First World War.
There is such a version that the White Czechs, in turn, stole this gold in Russia during the Civil War launched with the help of England and the USA. Remember the story about the seizure during the First World of the Czechs of the gold reserves of the Russian Empire. The Czech legionnaires who had returned home founded their own bank, Legiabank, which became the largest bank in Czechoslovakia. It was this gold captured by the Nazis that the Bank of England then traded.
Here we touched on this topic a nekinochnom Admiral

According to the documents, the operations were carried out "under pressure" by the so-called "central bank for central banks" - the Basel Bank for International Settlements (BIS).The transfer of funds was carried out in this institution.
Physically, Czech gold bars were kept in the vault of the Bank of England in London. March 21, 1939 "an order was received from the Chairman of the Board of the Board of the Bank for International Settlements Otto Niemeyer to transfer gold bars from account number 02 to account number 17". Gold on account number 02 belonged to the National Bank of Czechoslovakia. Account number 17 belonged to the Reichsbank. The BIS acted as an asset manager on behalf of national banks.

In May 1939, a scandal erupted when the British media wrote about gold in the vaults of the Bank of England. The total value of stolen gold from the accounts of the National Bank of Czechoslovakia, at that time was £ 5.6 million (today it is approximately £ 736 million). Gold in the amount of £ 4 million was sent to banks in Belgium and the Netherlands, the rest was sold in England, funds were transferred to the accounts of the Reichsbank (according to the comment of the newspaper "Daily Telegraph", from gold "" got rid of "in Belgium, Holland and London").
In fact, the Bank of England and the BIS helped fascist Germany to steal the gold of Czechoslovakia and then sell it, while respecting the "neutrality".As we remember, Reichsbank President Jalmar Schacht and the most influential Governor of the Bank of England, Montague Norman, were close friends. In addition, Norman and his accomplices from the Federal Reserve Bank of New York, not only speculated with gold, contributing to the beginning of the Great Depression, but also inflamed the Second World War.
It is characteristic that among other things, the report of the Bank of England cites a phrase from the New York Times that "the American president is doing business with Germany while the American guys are fighting the Germans." Remember how we discussedHow American corporations helped Hitler

British authorities after the Nazi invasion of the then Czechoslovakia froze all the country's assets in the United Kingdom, the Financial Times recalled. According to her, the British central bank acted contrary to the policies of London and without his consent. According to the publication of business circles, at present prices the cost of Czechoslovak gold would have amounted to 736 million pounds (more than 1.1 billion dollars).
The records of the Bank of England show that in May-June 1939, this gold on behalf of the Reichsbank was sold and shipped to the United States.The chronicle noted that the governor of the British central bank could not block operations, because then "peace agreements" would have been violated. After the start of the Second World War, the Government recommended that the Bank of England not act on the instructions of the BIS "if it is clear that this will most likely benefit the enemy."
It is believed that the BIS was established in 1930 as an organization to work with reparation payments from Germany following the First World War (the last tranche of which in the amount of $ 70 million was paid on October 3, 2010).
And here we have discussed in detail,How Germany compensated for damage after world wars
It is worth recalling the fact that it was Britain, together with France, who created the prerequisites for plundering Czechoslovakia. In September 1938, the heads of four countries divided Czechoslovakia into parts.
British Prime Minister Neville Chamberlain, French Prime Minister Edouard Daladier, German Reich Chancellor Adolf Hitler and Italian Prime Minister Benito Mussolini signed their signatures under the Munich Agreement. Germany received the Sudetenland. Here is moreabout Section Czechoslovakia
From that moment, the “peaceful” annexation of Czechoslovakia began with the future looting of this country's gold reserves. A little less than a year later, in June 1939, the Bank of England helped Hitler sell the loot.

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