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“Political language…is designed to make lies sound truthful and murder respectable, and to give an appearance of solidity to pure wind.”
— George Orwell, 1946
COMMENT: We suspect that a dynamic in the controversy over China’s claim of sovereignty over the South China Sea has little or nothing to do with “Freedom of Navigation” or any other pretensions by the U.S. and its allies.
We note that the continued U.S. and British military occupation of Diego Garcia is illegal.
We note, in passing that the U.S. has never signed the United Nations Convention on the Law of the Sea. China, on the other hand, has not.
An aspect of the postwar global economy that has largely eluded public awareness concerns the Japanese looting of the liquid wealth of Asia during the Second World War.
Interested researchers are emphatically encouraged to read Gold Warriors by Sterling and Peggy Seagrave. The volume is a heroic, masterful analysis and penetration of the Asian wing of the cartel system that spawned fascism, as well as the realities of the post-World War II economic landscape. (FTR #‘s 427, 428, 446, 451, 501, 688, 689, 1106, 1107 & 1108, 1141, 1142, are among the numerous programs that deal with the subject of the Golden Lily program successfully implemented by the Japanese to loot Asia.)
In addition to treasure deliberately and masterfully secreted in elaborately disguised and booby-trapped sites all over Japanese-occupied Asia, much of the loot was scuttled at sea and also lost when ships carrying the treasure were sunk.
It may well be that some of the inhabited islands in the South China Sea are sites for Golden Lily ships deliberately scuttled for later salvage and recovery.
” . . . . In the last year of the war, Japan also hid large quantities of bullion at sea, deliberately scuttling ships including the cruiser Nachii, sunk with all hands in Manila Bay by a Japanese submarine that then machine-gunned all the Japanese crew members who came to the surface. The gold aboard the Nachii was recovered from its hulk in the late 1970s by President Marcos. . . .”
We suspect that, in addition to the contretemps over the uninhabited islands in the South China Sea, some of the efforts at discovering sunken World War II warships may well mask efforts at recovering sunken Japanese treasure ships.
The recent discovery of the U.S.S. Grayback was part of an effort to locate the wrecks of lost American submarines from the Second World War. We note that those ships were lost patrolling the Japanese shipping lanes which would, necessarily, be the location for many treasure ships sunk en route to the home islands.
In addition, projects discovering and exploring the wreckage of sunken World War II warships at the site of key naval battles may very well mask recovery operations to salvage Golden Lily wrecks.
A major consideration concerns the distinct possibility that Golden Lily loot recovered from some of these wrecks may be used to bribe political and economic elites of nations that the U.S. is working to align against China.
. . . . In the last year of the war, Japan also hid large quantities of bullion at sea, deliberately scuttling ships including the cruiser Nachii, sunk with all hands in Manila Bay by a Japanese submarine that then machine-gunned all the Japanese crew members who came to the surface. The gold aboard the Nachii was recovered from its hulk in the late 1970s by President Marcos. The Japanese sub I‑52, a cargo vessel the length of a football field was attempting to deliver two tons of gold worth $25 million to the Nazi sub base at Lorient, France, when it was sunk in mid-Atlantic by a U.S. Navy plane. It has now been located and a recovery operation is under way. Other bullion shipments were made by sub to Europe and South America, and deposited in overseas branches of Swiss banks. . . .
Discussion
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