Legends of the stock markets - Bernard Baruch. World “secret government”: Bernard Baruch and his heirs are the true masters of the world
Baruch's active penetration into political life began in 1912. With his money, he supported Woodrow Wilson in his presidential campaign. Baruch contributed $50,000 to the Democratic Fund. In gratitude for this, Wilson appointed him to the department of national defense. During the First World War, he became head of the War Industrial Committee (eng. War Industries Board) and played a key role in reorienting American industry to the war effort.
After World War I, he served on the Supreme Economic Council of the Versailles Conference and was the personal economic adviser to President T. W. Wilson. After Woodrow Wilson, he remained the constant companion of Presidents Warren Harding, Herbert Hoover, Franklin Roosevelt, and Harry Truman. During World War II, President F. D. Roosevelt appointed Baruch chairman of a rubber shortage committee. In 1943, Baruch became an adviser to the director of the military mobilization department, D. Byrnes.
"Baruch's Plan"
At the same time, the United States went for broke: they offered the rest of the countries to abandon their nuclear weapons provided that the US commits itself to no additional production and agrees to establish an adequate control system. The plan was rejected by the USSR. Soviet representatives explained this by saying that the United States and its allies could not be trusted. At the same time, the Soviet Union proposed that the United States also destroy its nuclear weapons, but this proposal was, in turn, rejected by the United States.
As a result, the plan was never adopted due to the veto of the USSR in the Security Council. The commission ceased its activities in 1949. After the failure of the Baruch Plan and the retaliatory Soviet initiative, a nuclear arms race began in the world.
Additional Information
Bernard Baruch (and not Winston Churchill, as is often stated) was the first in the world to use the term "cold war" in an official setting on April 16 in a speech before the South Carolina House of Representatives to refer to the conflict between the United States and the Soviet Union.
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Notes
Literature
- Bernard Mannes Baruch, Bernard Baruch. Baruch: My Own Story. - New York: Buccaneer Books, 1993. - 337 p. - ISBN 156849095X.
see also
- Treaty on the limitation of nuclear tests in three environments,
Links
- - washprofile.ru
- . On the Chronos website.
- - article from the Electronic Jewish Encyclopedia
Excerpt characterizing Baruch, Bernard
But, in addition, from the time of fatigue and the huge loss that appeared in the troops, which occurred from the speed of movement, another reason seemed to Kutuzov to slow down the movement of troops and to wait. The goal of the Russian troops was to follow the French. The path of the French was unknown, and therefore, the closer our troops followed on the heels of the French, the more distances they covered. Only by following at some distance, it was possible to cut the zigzags that the French made along the shortest path. All the skillful maneuvers that the generals proposed were expressed in the movement of troops, in increasing the transitions, and the only reasonable goal was to reduce these transitions. And to this end, throughout the campaign, from Moscow to Vilna, Kutuzov's activities were directed - not by chance, not temporarily, but so consistently that he never betrayed her.Kutuzov knew not with his mind or science, but with his whole Russian being he knew and felt what every Russian soldier felt, that the French were defeated, that the enemies were fleeing and it was necessary to send them out; but at the same time he felt, along with the soldiers, the whole burden of this campaign, unheard of in speed and season.
But to generals, especially non-Russians, who wanted to distinguish themselves, to surprise someone, to take some duke or king prisoner for some reason - it seemed to these generals now, when every battle was both disgusting and pointless, it seemed to them that now is the right time give battles and defeat someone. Kutuzov only shrugged his shoulders when, one after another, he was presented with projects of maneuvers with those badly shod, without sheepskin coats, half-starved soldiers, who in one month, without battles, melted to half and with whom, with best conditions of the ongoing flight, it was necessary to go to the border, a space larger than that which had been passed.
In particular, this desire to distinguish themselves and maneuver, overturn and cut off, manifested itself when the Russian troops ran into the French troops.
So it happened near Krasnoe, where they thought to find one of the three columns of the French and stumbled upon Napoleon himself with sixteen thousand. Despite all the means used by Kutuzov in order to get rid of this disastrous clash and in order to save his troops, for three days at Krasnoy the exhausted people of the Russian army continued to finish off the defeated gatherings of the French.
Toll wrote the disposition: die erste Colonne marschiert [the first column will go there then], etc. And, as always, everything did not go according to the disposition. Prince Eugene of Wirtemberg shot from the mountain past the fleeing crowds of the French and demanded reinforcements, which did not come. The French, running around the Russians at night, scattered, hid in the forests and made their way further as best they could.
Miloradovich, who said that he did not want to know anything about the economic affairs of the detachment, which could never be found when it was needed, "chevalier sans peur et sans reproche" ["a knight without fear and reproach"], as he himself called himself , and a hunter for conversations with the French, sent truce deputies, demanding surrender, and wasted time and did not do what he was ordered to.
“I give you guys this column,” he said, driving up to the troops and pointing to the French cavalrymen. And the cavalrymen on thin, skinned, barely moving horses, urging them on with spurs and sabers, trotted, after strong tensions, drove up to the donated column, that is, to the crowd of frostbitten, stiff and hungry Frenchmen; and the donated column threw down its weapons and surrendered, which it had long wanted to do.
Near Krasnoye they took twenty-six thousand prisoners, hundreds of cannons, some kind of stick, which they called the marshal's baton, and argued about who distinguished themselves there, and were pleased with this, but very much regretted that they had not taken Napoleon or at least some hero, marshal, and reproached each other for this, and especially Kutuzov.
These people, carried away by their passions, were blind executors of only the saddest law of necessity; but they considered themselves heroes and imagined that what they did was the most worthy and noble deed. They accused Kutuzov and said that from the very beginning of the campaign he prevented them from defeating Napoleon, that he only thought about satisfying his passions and did not want to leave the Linen Factories, because he was calm there; that he stopped the movement near Krasnoe only because, having learned about the presence of Napoleon, he was completely lost; that it can be assumed that he is in a conspiracy with Napoleon, that he is bribed by him, [Wilson's Notes. (Note by L.N. Tolstoy.)], etc., etc.
Not only did contemporaries, carried away by passions, say this, - posterity and history recognized Napoleon as grand, and Kutuzov: foreigners - a cunning, depraved, weak court old man; Russians - something indefinite - some kind of doll, useful only in their Russian name ...
In the 12th and 13th years, Kutuzov was directly accused of mistakes. The sovereign was dissatisfied with him. And in a story recently written by the highest command, it is said that Kutuzov was a cunning court liar who was afraid of the name of Napoleon and, with his mistakes near Krasnoye and near the Berezina, deprived the Russian troops of glory - a complete victory over the French. [History of 1812 by Bogdanovich: characterization of Kutuzov and discussion of the unsatisfactory results of the Krasnensky battles. (Note by L.N. Tolstoy.)]
Such is the fate not of great people, not grand homme, whom the Russian mind does not recognize, but the fate of those rare, always lonely people who, comprehending the will of Providence, subordinate their personal will to it. The hatred and contempt of the crowd punish these people for the enlightenment of higher laws.
For Russian historians - it is strange and terrible to say - Napoleon is the most insignificant instrument of history - never and nowhere, even in exile, who did not show human dignity - Napoleon is an object of admiration and delight; he grand. Kutuzov, on the other hand, is the man who, from the beginning to the end of his activity in 1812, from Borodin to Vilna, never betraying himself with a single action, not a word, is an extraordinary example of self-denial and awareness in the present of the future meaning of an event, - Kutuzov seems to them to be something indefinite and pathetic, and, speaking of Kutuzov and the 12th year, they always seem to be a little ashamed.
Meanwhile, it is difficult to imagine a historical person whose activity would be so invariably and constantly directed towards the same goal. It is difficult to imagine a goal more worthy and more in line with the will of the whole people. It is even more difficult to find another example in history where the goal set by a historical person would be so completely achieved as the goal to which Kutuzov's entire activity was directed in 1812.
Kutuzov never talked about the forty centuries that look from the pyramids, about the sacrifices that he brings to the fatherland, about what he intends to do or has done: he did not say anything at all about himself, did not play any role, always seemed to be the simplest and most ordinary person and said the most simple and ordinary things. He wrote letters to his daughters and m me Stael, read novels, loved society beautiful women, joked with generals, officers and soldiers and never contradicted those people who wanted to prove something to him. When Count Rostopchin on the Yauzsky Bridge galloped up to Kutuzov with personal reproaches about who was to blame for the death of Moscow, and said: “How did you promise not to leave Moscow without giving a battle?” - Kutuzov answered: "I will not leave Moscow without a fight," despite the fact that Moscow had already been abandoned. When Arakcheev, who came to him from the sovereign, said that Yermolov should be appointed head of artillery, Kutuzov replied: “Yes, I just said it myself,” although he said something completely different in a minute. What did it matter to him, who alone then understood the whole enormous meaning of the event, among the stupid crowd that surrounded him, what did he care about whether Count Rostopchin would attribute the disaster of the capital to himself or to him? Even less could he be interested in who would be appointed chief of artillery.
Not only in these cases, but incessantly this an old man having reached the experience of life to the conviction that the thoughts and words that serve as their expression are not the essence of people's engines, he spoke words that were completely meaningless - the first that came to his mind.
Financier and investor Bernard Baruch was known for his large capital and serious political influence. Having achieved success on the New York Stock Exchange, he began working as an adviser to US presidents. His life is an amazing kaleidoscope of events and surprises.
early years
The famous financier Bernard Baruch was born on August 19, 1870 in the American city of Camden. He came from a poor Jewish family. Simon Baruch became the father of four sons, the second of whom was Bernard Baruch. Children, as time has shown, turned out to be talented and hardworking. The brother of the future financier Herman even worked as the American ambassador to the Netherlands and Portugal.
Bernard's early years were during the Reconstruction period, when a wave of crime and black riots swept over the post-Civil War period. In search of a quiet corner, the Baruch family moved to New York. Here Bernard went to college.
Baruch's first job in 1890 was A. A. Housman & Co. The 20-year-old was an errand boy who received $3 a week. Other opportunities for self-realization due to social status and he had no nationality.
Takeoff
Like many other brokers, Bernard Baruch got on the stock exchange quite by accident. His first experience was a failure. However, Baruch did not give up. He began borrowing money from friends and family. At some point, his father told him that the $500 donated was all that was left at home for a rainy day. Bernard was not afraid and, taking a risk, began a dizzying career on Wall Street.
Baruch did not fit into the usual picture of the exchange at all. He conducted business rather extravagantly: he entered into risky contracts, plunged into speculation. Professionals hostilely accepted the first successes of this upstart. The most famous banker and financier of his time, John Pierpont Morgan, considered Baruch to be a “card cheat”. It is wrong to think that under capitalism all entrepreneurs earned their capital in white gloves. He himself was not the cleanest. However, the methods with which Bernard Baruch armed himself surprised even the most notorious schemers.
schemer
From the moment he appeared on the stock exchange, the future conqueror of Wall Street abandoned the then-popular trading strategy. Baruch never took over weak companies for the purpose of their subsequent resale. In addition, he did not resort to artificially raising the price of his shares. The investor did not, as was customary, scrupulously take into account the fundamental factors of the stock market.
Despite the fact that trading was then on the rise, the financier was actively playing for a fall. For himself, Bernard Baruch formulated the simplest rule: "It is impossible to sell at the maximum and buy at the minimum." As a result, he often went against the market trend, buying when many were selling, and vice versa.
On the road to wealth
Most of all, Baruch's style resembled that of another well-known speculator, Jesse Livermore. These two traders were notorious for periodically leaving the market and biding their time. best moment to resume trading. Once making such a difficult decision for a stock player, Bernard said: "Jay, I think it's time to go shoot partridges." After this remark, he sold all his positions and went on a long vacation to his Hobkaw Barony plantation in South Carolina. salt marshes and sandy beaches the estates abounded with ducks, and on 17,000 acres there was not a single telephone with which one could contact New York. But even after the longest absence, the player returned to the exchange.
The eccentricity with which Bernard Baruch and Jesse Livermore scoffed at the generally accepted rules of traders made them famous even before the advent of big capital. One way or another, but the growth of the welfare of the upstarts was not long in coming.
Investor and businessman
Starting from the bottom, Baruch made enough to start his own investments. One of the first companies to appear at his expense was Texasgulf Inc., which specialized in services in the booming oil industry.
But, as shown further development events, the broker did not like to manage companies. Trading remained his element, to which he devoted most of his time on Wall Street. Already by 1900. the entire financial district of New York knew who Bernard Baruch was. The story of his success inspired many, and simply frightened many. There were constant rumors about the huge fortune of the speculator. The scale of his figure became equal to the scale of Joseph Kenedy and JP Morgan.
"Lone wolf"
Today, Bernard Baruch's heirs continue to enjoy the fortunes amassed by their clever relative. In 1903, at the age of only 33, a newly unknown broker became a member of the millionaires' club. All his thorny path on the New York Stock Exchange Baruch went completely alone. He liked to keep everything under control and could not stand collective activity. For this, the investor was called "the lone wolf of Wall Street."
Over the years of his financial activities Bernard Baruch experienced many ups and downs. The biography of a financier is an example of a person, despite everything stubbornly heading towards success. in 1907, Baruch acquired the international trading firm M. Hentz & Co., and as an adult he began to prefer investments associated with reliable real estate.
public service
Having achieved significant success on the stock exchange and in business, Baruch began to look at politics. In 1912, he agreed to sponsor Woodrow Wilson's presidential campaign. The Democratic Party Foundation received $50,000 from a well-wisher. Wilson won the race and, in gratitude, appointed a financier to the department of national defense.
In his first public office, Bernard Baruch, whose photo began to appear in national newspapers, faced a serious dilemma. The combination of political and entrepreneurial activity turned out to be a very difficult task.
Problems with law
At the exchange, Baruch began to be accused of abusing his own official positions in order to obtain insider information about the market. Moreover, in 1917 the investor was accused of revealing secret documents. Investigators concluded that, using his position, he illegally earned about a million dollars.
In response to claims law enforcement Baruch claimed that he received his last money from the sale in exactly the same way as he did before his appearance on public service. Protection was reinforced concrete - the speculator managed to get away with it.
As an official, Bernard Mannes Baruch was responsible for distributing military orders. Then he left his native New York Stock Exchange. The financier stopped selling and buying, but continued his investment activity, redirecting it to the mainstream military industry. Baruch's money flowed into companies involved in the production various weapons and ammo. Certainly, part of the dollar mass coming from the state budget for military plants remained in the pocket of a clever civil servant. According to various estimates, at the time of the defeat of Germany, Baruch was the owner of a fortune of 200 million.
In 1919, the leaders of the victorious countries gathered at the Paris Peace Conference. Baruch also went to the capital of France. He was part of the official American delegation led by President Wilson. The economic adviser opposed excessive contributions from Germany and supported the idea of creating a League of Nations, necessary to stimulate cooperation between different states.
Baruch and the Great Depression
Resigned as president in 1921. The rotation in the White House did not prevent Baruch from remaining on the political Olympus of the United States. He was an adviser to Herbert Hoover, Franklin Roosevelt and Harry Truman. Balancing between government and business, the financier continued to enrich himself using insider data on the state of the market. The heirs of Bernard Baruch could have been left penniless if not for his timely agility. On the eve of the Great Depression, Baruch sold all his securities, and with the money he received, he purchased a large number of bonds.
On October 24, 1929, the American stock exchanges collapsed. The entire market was in shock from the onset of the crisis and the uncertain future. All - but not Baruch Bernard. The book, written by him at the end of his life about himself, says that on that day the speculator came to the New York Stock Exchange with Winston Churchill. The visit was not accidental. The financier wanted to demonstrate to British politics his enviable economic acumen.
Speculation in gold and silver
One of the most profitable schemes of Bernard Baruch was the chain of his actions in 1933, when the US abolished the gold standard. By that time, the country had been living in a state of terrible crisis for several years. She was disturbed by the colossal unemployment and bankruptcies of the largest companies. Under these conditions, the government announced the widespread redemption of gold from citizens. In exchange for noble metal people received paper money.
In October 1933, when most of gold was transferred to the treasury, President Roosevelt announced the devaluation of the national currency. Now the government was buying gold at an increased price. Bernard Baruch, the President's closest adviser, knew about all the ups and downs of the change in course. Quotes from the then press clearly demonstrate that society was in a fever from frequent cardinal changes. And only the "lone wolf" skillfully used each new circumstance. He invested a significant portion of his funds in silver just before the increase in the government buyback price of this metal.
The Second World War
AT last years During the life of Bernard Baruch, his political activity more and more dominated the financial one. With the outbreak of World War II, he again found himself in the role of military and economic adviser to the American authorities. The investor made a significant contribution to changing the US tax system. In fact, he initiated the economic mobilization of the country. The influence of the adviser was so significant that in 1944 President Roosevelt spent a whole month at his famous South Carolina estate.
The President even invited Baruch to head the US Military Industrial Production Committee. The adviser had been longing to be in this position for a long time, and only as a formality asked for time for an examination by a doctor in order to make sure of his own efficiency in the most important post. However, while Baruch was delaying the answer, another adviser to Roosevelt, Harry Hopkins, persuaded the president to abandon this idea. As a result, at the decisive meeting, the first person withdrew his proposal.
"Baruch's Plan"
In 1946, Truman, who replaced Roosevelt, appointed Baruch to the position of US representative to the UN commission responsible for nuclear energy. In this capacity, the presidential adviser became widely known in the USSR. The fact is that at the very first meeting of the commission, Baruch proposed to ban nuclear weapons and make the work of all countries in the nuclear sphere under the control of a common body. The package of initiatives became known as the "Baruch Plan".
In the context of the beginning of the Cold War, the issue of nuclear safety became more and more urgent. The fear of atomic bombings was great, because only a few years ago the United States tested these weapons on two Japanese cities, demonstrating the horrific consequences of using the latest warheads. Nevertheless, the restrictive initiative of the Americans was criticized in the Kremlin. Stalin did not want to stop the nuclear race and was not going to be in a position dependent on the United States. The Baruch Plan was rejected. The influence of the UN was not enough to subjugate international projects development of nuclear weapons.
Speaking of the Cold War, it should be noted that it was Bernard Baruch who gave life to this phrase, although, according to a common point of view, the expression " cold war first appeared in a speech by Winston Churchill. After the end of his work at the UN, the already elderly adviser continued to work in the White House. He died on June 20, 1965 in New York at the age of 94.
Bernard Baruch was the first in the world to use the term "cold war" () in an official setting.
| Bernard Baruch | |
|---|---|
| English Bernard Baruch | |
| Bernard Baruch, 1920 |
|
| Name at birth | English Bernard Mannes Baruch |
| Date of Birth | August 19(1870-08-19 ) |
| Place of Birth | Camden, South Carolina |
| Date of death | June 20(1965-06-20 ) (94 years old) |
| Place of death | New York |
| Citizenship | USA USA |
| Education | city college |
| State | ▲ $1 million (1903) ▲ $1 billion (1960) |
| Company | A. A. Housman and Company (Eng. A. A. Housman and Company) |
| Position | broker |
| Company | own brokerage firm |
| Position | owner |
| Awards and prizes | |
| Bernard Baruch at Wikimedia Commons | |
Baruch's active penetration into political life began in 1912. With his money, he supported Woodrow Wilson in his presidential campaign. Baruch contributed $50,000 to the Democratic Fund. In gratitude for this, Wilson appointed him to the department of national defense. During World War I, he became head of the War Industries Board and played a key role in reorienting American industry to the war effort.
After World War I, he served on the Supreme Economic Council of the Versailles Conference and was the personal economic adviser to President T. W. Wilson. After Woodrow Wilson, he remained the constant companion of Presidents Warren Harding, Herbert Hoover, Franklin Roosevelt, and Harry Truman. During World War II, President F. D. Roosevelt appointed Baruch chairman of a rubber shortage committee. In 1943, Baruch became an adviser to the director of the military mobilization department, D. Byrnes.
"Baruch's Plan"
At the same time, the US went for broke: they offered the rest of the countries to give up their nuclear weapons, provided that the US would undertake not to produce any more and agree to create an adequate control system. The plan was rejected by the USSR. Soviet representatives explained this by saying that the United States and its allies could not be trusted. At the same time, the Soviet Union proposed that the United States also destroy its nuclear weapons, but this proposal was, in turn, rejected by the United States.
As a result, the plan was never adopted due to the veto of the USSR in the Security Council. The commission ceased its activities in 1949. After the failure of the Baruch Plan and the retaliatory Soviet initiative, a nuclear war began in the world.
Biography
Born in South Carolina, he was the second of four sons of Simon and Bell Baruch. His father, Simon Baruch (1840-1921), a German immigrant of Jewish origin, immigrated to the US from Germany in 1855. As a doctor by profession, civil war served in the southern army and was one of the founders of physiotherapy.
In 1881, his family moved to New York, where Bernard entered the City College (City College of New York). After graduating, he began working as a broker for A. A. Housman and Company. Bought a seat on the New York Stock Exchange. Engaged in successful speculation in sugar contracts. In 1903 he started his own brokerage firm; at 33, he became a millionaire. Despite the then flourishing practice of creating various trusts to manipulate the market, Baruch conducted all his operations alone. For which he received the nickname "the lone wolf of Wall Street."
Baruch's active penetration into political life began in 1912. With his money, he supported Woodrow Wilson in his presidential company. Baruch contributed $50,000 to the Democratic Fund. In gratitude for this, Wilson appointed him to the department of national defense. During World War I, he became head of the War Industries Board and played a key role in reorienting American industry to the war effort.
After the First World War, he worked in the Supreme Economic Council of the Versailles Conference and was the personal economic adviser to President T. V. Wilson. After Woodrow Wilson, he remained the constant companion of Presidents Warren Harding, Herbert Hoover, Franklin Roosevelt and Harry Truman. During World War II, President F. D. Roosevelt appointed Baruch chairman of a rubber shortage committee. In 1943, Baruch became an adviser to the director of the military mobilization department, D. Byrnes.
"Baruch's Plan"
In 1946, Harry Truman appointed Baruch as US representative to the United Nations Atomic Energy Commission. At the first meeting of the Commission, on June 14, 1946, Baruch announced a plan for the total prohibition of nuclear weapons, which went down in history under the name "Baruch Plan". It provided that all states conducting research in the nuclear field should exchange relevant information; all nuclear programs must be exclusively peaceful in nature; nuclear weapons and other types of weapons of mass destruction must be destroyed - these tasks require the creation of competent international structures who are required to control the actions individual states. The Baruch plan itself is an Acheson-Lilienthal report, to which Baruch made two significant changes: to the one mentioned in the report international body Atomic Energy Control is not subject to the veto power of permanent members of the UN Security Council, and this body can also take coercive measures against violators of control rules bypassing the UN Security Council. Such provisions were fundamentally at odds with the UN Charter and its structure, so the "Baruch Plan" was not adopted. American diplomat and historian B. Bechhofer, who in the 1950s. As part of the US delegations, he took part in disarmament negotiations, said the following about this project: “The approach to the veto contained in the“ Baruch plan ”introduced an extraneous and unnecessary element into the negotiation process, which allowed the Soviet Union to take a position thanks to which it received significant support outside of your block. Baruch's position on the veto is an extreme example of his isolation from the general line. foreign policy USA".
At the same time, the United States went for broke: they offered to give up their nuclear weapons on the condition that other states commit themselves not to produce them and agree to create an adequate control system. The plan was rejected by the USSR. The Soviet representatives explained this by the fact that the United States and its allies dominated the UN, therefore, they could not be trusted. Therefore, the Soviet Union proposed that the US destroy its nuclear weapons BEFORE the rest of the countries set up a control system, but this proposal was in turn rejected by the US.
After the failure of the Baruch Plan and the retaliatory Soviet initiative, a nuclear arms race began in Mir.
Additional Information
Bernard Baruch was the first in the world to use the term "cold war" on April 16, 1947, in a speech before the South Carolina House of Representatives to refer to the conflict between the US and the Soviet Union.
Trillionaire, which is now little known
As early as 1770, William Peat remarked, "Behind every throne there is more than a king."
Oddly enough, little has changed since then, and all revolutions and social transformations sooner or later come to the same denominator - submission to the golden calf. In order to argue what has been said, I will share some materials about the activities of a person about whom little is now known and not written.
In the 50s and 60s of the last century, well-dressed a tall man quite respectable appearance. Often, people sat down next to him on a bench, in which passers-by recognized the largest statesmen and businessmen. A colorful figure stood out in particular Winston Churchill.
The name of this sociable and smiling man Bernard Mannes Baruch, whose fortune by the end of his life exceeded a trillion dollars, although he never appeared on the lists of the richest people.
Testimony special treatment to this man is that in 1960, on his 90th birthday, a memorial bench was erected in his honor in the park opposite the White House. In the secret table of ranks of the secret bigwigs of the world economy and geopolitics Baruchi are much higher than Rockefellers, Rothschilds and others like them.
Bernard Baruch was the first to see in the close interaction of capital and power a means of concentrating in his hands the levers of control of world processes. The same age as Lenin, he was born in South Carolina to a German immigrant, physician Simon Baruch.
Simon Baruch with baby
In 1881, the Baruch family moved to New York and the young man Bernard entered City College, after graduating from which he worked as a broker on the New York Stock Exchange, and in 1903 established his own brokerage company.
From this moment, the style of activity begins to be seen. richest man on the ground. Contrary to the then fashion for associations in trust companies, Bernard Baruch runs his rather successful brokerage business alone, for which he receives the nickname "The Lone Wolf of Wall Street".
Young Baruch - the owner of a brokerage company
By the age of thirty-three, Baruch becomes a millionaire, and, remarkably, he manages to increase his capital in the face of ongoing crises in the United States.
Since 1912, Baruch has been playing political map funding the election campaign of Woodrow Wilson. In gratitude for his support, Wilson introduces him to the National Defense Department.
During the First World War, Baruch became the head of the US Military Industrial Committee and spins the flywheel of arms buildup, which allows for some time to overcome a series of crises in the country's economy.
It was Baruch, as an adviser to the president, who persuaded Wilson to support the idea of creating the FRS, and since 1913 the US government has delegated the authority to manufacture dollar bills to a commercial structure - Federal Reserve System.
After the revolution in Russia, Baruch suddenly becomes a supporter of cooperation with the Soviet Union. Together with Hammer and Harriman, Lenin invites him to the restoration National economy Soviet countries.
One of the first factories built Americans in Russia in 1920-1930, were tractor factories in Volgograd, Kharkov and Chelyabinsk. Of course, these factories had a dual purpose: in addition to tractors, they began to produce tanks, armored vehicles and other weapons.
The cars necessary for the army were produced at two main plants - Gorky and them. Likhachev, which was built on a subsidy from Henry Ford in the 1930s. American companies also built two huge steel works- in Magnitogorsk and Kuznetsk.
Magnitogorsk, 1931
Anticipating the development of the situation in the world, Baruch, with American and British bankers in solidarity with him, carried out a creative maneuver in the late 1920s. He seeks to reorient the American economy to serve the military-industrial complex through its artificial collapse and immersion in a state of crisis.
He demonstrates his actions to a rather promising British politician. Winston Churchill, whom he invites to America under the pretext of giving lectures. On October 24, 1929, the day the New York Stock Exchange crashed, Baruch brings Churchill to Wall Street.
While the excited crowd was raging outside the building of the New York Stock Exchange, he shares with Churchill the information that a year before the collapse he stopped playing the stock market, sold all his shares and bought US government bonds instead, ensuring that his capital was not depreciated. . This made a huge impression on Churchill, and since then their friendship with Baruch has acquired not only a personal character, but also features strategic partnership.
Baruch and Churchill
It was Baruch and Churchill who became active organizers of the game of strengthening, and then face to face Germany and the USSR.
Hitler's press secretary Ernst Hanfstaengl (who, by the way, introduced the Nazi salute into the ritual) confirmed that at first Churchill's son Randolph accompanied Hitler during his famous pre-election flights "Hitler over Germany", and then Churchill himself wished to meet Hitler at the hotel " Kaiserhof", but Hitler refused him.
However, insults are insults, and the plan needs to be implemented, and in January 1933, Hitler was nevertheless promoted to power. Appropriate steps were taken in Eastern Europe as well.
In the same 1933, the United States fully established diplomatic relations from the USSR, and Bernard Baruch with prominent American politicians meets Soviet plenipotentiaries in America: Maxim Litvinova and Evgeniya Rosengolts to work out a common course of action.
It should not be forgotten that after the revolution, Litvinov was the Bolshevik envoy in London and in December 1917 wrote a very curious letter of recommendation to the British diplomat and intelligence officer Lockhart about Trotsky: “I consider his stay in Russia useful from the point of view of our interests”.
Of course, Baruch's interests were not limited to the European theatre.
In 1934, he, in collaboration with US Treasury Secretary Henry Morgenthau, conducted an unprecedented operation to exchange China's gold reserves for a bundle of paper bonds.
Cornered Chiang Kai-shek, suffering one defeat after another, agreed to this "exchange", as a result of which businessmen from the United States received at least 100 tons of gold bullion and a huge amount of silver, jewelry and antiques, and Chiang Kai-shek received 250 sheets of paper and peaceful old age on the island of Taiwan.
By the beginning of the 40s, Baruch was already billionaire, but the peak of dividends from his business involved in politics came during the years of World War II and the post-war race nuclear weapons.
The Japanese attack on the American naval base at Pearl Harbor on December 7, 1941 may have come as a surprise to some, but not to Baruch and the banking oligarchy.
From declassified documents about the attack on the base, it follows that President Roosevelt, Alain Dulles and the banking elite knew about the intentions of the Japanese, but went to destroy the fleet and kill thousands of their fellow citizens.
Bernard Baruch and Franklin Delano Roosevelt
At the cost of this provocation, America was dragged into the Second world war, and the oligarchs, and primarily Baruch, hit a huge jackpot.
After the war, revealing materials were leaked to the press. The Americans, of course, were horrified, since Roosevelt was an ideal for many, but the declassified documents were not disclosed, and those who made them public had their languages shortened.
During World War II, Baruch continued to advise the government and exerted a strong influence on the distribution of state military orders. Billions of dollars went to finance the directions he proposed.
In 1944, thanks to the skillful play of Baruch and his partners at Bretton Woods, war-torn Europe and the USSR agreed to recognize the US dollar as the world's reserve currency.
Baruch talking to soldiers, 1940s
After World War II, Baruch undertook to oversee the US nuclear program and subjugated the nuclear industry.
By the way, the expression "cold war" does not belong to Churchill at all. It was first heard from his lips in a speech before the House of Representatives of South Carolina on April 16, 1947 to indicate the acuteness of the conflict between the United States and the USSR.
"Baruch wants to rule the world, the moon and possibly Jupiter - but we'll see about that" President Truman wrote in his diary. This phrase clearly demonstrates who actually made significant decisions, and who envied, but could not openly oppose.
With the beginning of the arms race, which brought fabulous profits to the contractors of the American military-industrial complex, Baruch personally controlled the production of the American atomic bomb under the motto: "We must go forward with atomic bomb in one hand and a cross in the other.
The French nuclear physicist Frédéric Joliot-Curie recalled:
“When I was in America, the famous banker Baruch, the representative of the United States to the UN Atomic Energy Commission, suggested that I move to work in the United States. He promised me mountains of gold on the condition ... however, you understand what kind of condition it was! I refused, of course. But I got revenge…”
Soon the daughter of the great scientist, Irene, who visited the United States at the invitation of the Committee for Assistance to Anti-Fascist Emigrants, was imprisoned, and in 1950, under pressure from the Americans, the French government released the physicist from the leadership of the Commissariat for Atomic Energy.
After the demonstration of US power by the atomic bombing of the Japanese cities of Hiroshima and Nagasaki on August 6 and 9, 1945, Soviet Union took all measures to restore nuclear parity.
In this situation, the United States hastened, on the one hand, to convince the world community of its peaceful aspirations, and on the other hand, they carried out a cunning combination in order to subordinate the development of nuclear energy throughout the world to America.
Of course, the initiator of such a large-scale plan was none other than Baruch, who is appointed by President Harry Truman as the US representative to the UN Atomic Energy Commission. At its very first meeting on June 14, 1946, the American delegation announced a plan for the total prohibition of nuclear weapons, which went down in history under the name "Baruch's Plan".
Outwardly, the plan provided seemingly good goals, but it involved international inspections by the UN commission on nuclear power while simultaneously granting it the authority to take coercive measures against violators. Moreover, its decisions would not be subject to the veto power of the permanent members of the UN Security Council.
At a meeting of the UN Atomic Energy Commission in October 1946. Bernard Baruch is a white-haired man sitting just behind the U.S.A. sign. Behind the U.S.S.R. - Andrei Gromyko
And here Baruch's plans collided with the distrust of Stalin, who understood that their implementation would slow down the movement of the USSR to create its own nuclear capability needed to ensure your own safety. The Soviet delegation at the UN conference took advantage of the fact that the American proposals were fundamentally at odds with the UN Charter and its structure, and vetoed it.
It is very interesting that the American diplomat and historian B. Bechhofer, who took part in the disarmament talks, noted: "Baruch's position on the veto is an extreme example of his isolation from the general line of US foreign policy."
How did it all end for Baruch? But nothing. Since 1949, a nuclear arms race began in the world, accompanied by the development of tactics and strategies for ideological sabotage, where Bernard Baruch felt like a fish in water.
Until a very old age, Baruch personally took care of business. By the end of his life, the assets of firms and funds controlled by him reached a trillion dollars.
Surprisingly, the arbiter of fate did not hide from people, he was very easy to communicate, talked in the park with vacationers, found out what their moods and wishes were, and there was no guard near him.
Baruch rested in 1965 in a simple cemetery on the outskirts of New York - next to his wife, who had died many years earlier. There are no fences or pompous monuments on his grave. Only a modest small stove on the lawn.
Unusual is not the modesty of the influential person planets of that time - many prominent figures showed modesty. It is amazing that today nothing is known about the heirs trillion state Bernard Mannes Baruch - his grandchildren and great-grandchildren. Someone with an almighty hand deleted all the information.
There are no collective photographs from the funeral of Bernard Baruch, since they were probably attended by his successors who did not want to be exposed. Who is now managing the colossal assets of the owner of a trillion fortune is unknown.
One resourceful person in September 2013 conducted a curious experiment. For a couple of days he walked along 6th Avenue to New York's Central Park in a T-shirt with a portrait of Baruch on his chest, and the inscription on the back was: Mom! Why my grandfather isn't Baruch?", which translated into Russian means: “Mom, why isn’t my grandfather Baruch?”
During these voyages, his wife, following a few meters behind, was filming. At the beginning of the avenue, only a few people paid attention to him, and one girl boasted that she knew where Baruch College was. Here is how the organizer himself describes his experiment further:
“Near Central Park there is a whole host of five-star hotels, and in each of them there are conference rooms ... The owners of life slowly floated along the street, but when they met me, their eyes, previously accommodated to infinity, caught a portrait of Baruch from space, and their gaze became interested. When I lined up with them on the sidewalk, they turned their heads and read the writing on my back. Further, their eyebrows crawled on their foreheads, and the question was read in their eyes: who the hell are you?
My experiment gave an unexpected result: ordinary americans don't know Baruch... For most, his portrait was just informational noise, but there was a layer of people for whom Baruch - it's not just six English letters. These people know perfectly well who he is, since his deeds, hidden in the fog of the past, and the deeds of his successors in the present, are in the circle of their vital interests ... "
One of the leaders of the influential anti-globalization movement gives an interesting example of his communication with the former US Treasury Secretary Robert Rubin, who showed him already printed banknotes in denominations of over a thousand dollars. These bills no longer had portraits of the presidents.
Rubin said: "Presidents are serfs, but where are the slave owners" - and showed banknotes with portraits Baruch, Schiff, Loeba, Kuna. However, the richest financiers in the world do not store their wealth in famous banks.
Try to find information about "Standard Charter Bank" founded in 1613. Some similar branches in Hong Kong and somewhere else are shining, but the bank itself is not on any list, however he controls all the calculations in the world. And all this is conducted by the families of Baruch, Loeb, Schiff and Kuhn, who intermarry.
Of course, much has changed since the active work of Bernard Mannes Baruch. Gone are the days when a billionaire could calmly walk through the park, sit on a bench and talk with passers-by. A veil of secrecy has surrounded the world of the untouchables, and they no longer need to communicate with people. And this means that people have become consumable for the realization of the plans of hermits.
And when we observe crocodile tears streaming from the eyes of Western politicians about the suffering of the inhabitants in Aleppo or somewhere else, we must immediately remember their absolute indifference to the civilians who died under the bombings in Yugoslavia, Afghanistan, Iraq, Libya and in the government-controlled territories of Syria.
You have to understand that this is all done. for manipulation the opinion of the layman. After all, he, the layman, is the main supplier of cannon fodder for the slaughter in the interests of those who are closer to the breath of the golden calf, initially devoid of conscience.
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Bank of Baruchy Banks, Rockefellers, Rothschilds.part 2
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