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Sunken Treasure

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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, 688689, 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.

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.

The Yam­a­to Dynasty; Ster­ling Sea­grave and Peg­gy Sea­grave; Copy­right 1999 by Peg­gy and Ster­ling Sea­grave; Broad­way Books [a divi­sion of Ran­dom House] [HC]; ISBN 0–7679-0496–6; p. 187.

. . . . 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. . . . 

 

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