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COMMENT: In FTR #905, among other broadcasts, we have detailed the profound corporate links between American oligarchs and their counterparts in Japan. As the Seagraves noted in an excerpt of The Yamato Dynasty summarizing the aftermath of World War II in Asia: “. . . . America’s oligarchs had rescued Japan’s oligarchs. . . .”
In our last post, we noted that “. . . . U.S. bombing policy [in Japan]. . . had tended to reaffirm existing hierarchies of fortune. . .”
The American air war against Japan may well have been selectively conducted, with devastating firebombing raids decimating the residential neighborhoods of much of Japan, while sparing the infrastructure vital to the Zaibatsu (giant conglomerates that dominated–and continue to dominate–the Japanese economy) and the country’s war-making capacity.
The possibly that this apparently deliberate strategy was designed to decimate that element of the Japanese population that might have sought a more egalitarian political and social structure, while sparing the elite is one to be seriously contemplated.
The corporate/cartel links between American and Japanese oligarchs, the Cold War strategy of using Japan as an anti-Communist bulwark, and the fundamental position of the Golden Lily loot at the foundation of the Black Eagle Trust loom large in the scandalous terms of the 1951 peace treaty with Japan.
The treaty was negotiated by Sullivan & Cromwell’s John Foster Dulles, who was serving as an appointed U.S. Senator at the time. (Foster became Secretary of State under Eisenhower, assuming office in January of 1953, while his brother and fellow Sullivan & Cromwell partner Allen Dulles headed the CIA.)
The treaty was founded on the myth of Japan being bankrupt and not having plundered the territories it plundered in World War II. This myth was the justification for exempting Japan from having to compensate those who had been enslaved as laborers and comfort women.
“. . . . Washington insisted, beginning in 1945, that Japan never stole anything, and was flat broke and bankrupt when the war ended. Here was the beginning of many great distortions which would become terrible secrets. . . . Because the treasure amassed by Golden Lily and recovered by Washington had to be kept secret, citizens of Japan and America were grossly deceived. The 1951 peace treaty with Japan and was skewed by these deceits, so thousands of POWs and civilians (who were forced to perform slave labor for Japanese corporations) received no compensation for their suffering. To shield Japan from demands for war reparations, John Foster Dulles met privately with three Japanese to work out the treaty terms in secret. . . . According to article 14 of the treaty, ‘It is recognized that Japan should pay reparations to the Allied Powers for the damage and suffering caused by it during the war. Nevertheless it is also recognized that the resources of Japan are not presently sufficient.’ To reinforce the claim that Japan was broke, Article 14 stated, ‘the Allied Powers waive all reparations claims of the Allied Powers and their nationals arising out of any actions taken by Japan’. By signing the treaty, Allied countries concurred that Japan’s plunder had vanished down a rabbit hole, and all Japan’s victims were out of luck. . . .”
At the time of the treaty’s negotiation–1951–Japan’s economy was at its zenith, to date. This highlights the apparently strategically selective nature of American bombing during the war, as well as the fact that Japan was allowed to keep the Golden Lily plunder that had been brought back to the home islands. “. . . . As we now know, Japan was not bankrupted by the war. By 1951, six years after the war, Japan’s economy was stronger than it had been during the best business years before the war. . . . Japan’s industrial activity was 32 percent above pre-war levels, its fiscal position showed a surplus, and its balance of trade had moved into the black. In discussions between U.S. monetary experts and Japan’s Finance Minister Ideda Hayato just before the peace conference, he admitted to a budget surplus of over 100-billion yen . . . .”
. . . . Washington insisted, beginning in 1945, that Japan never stole anything, and was flat broke and bankrupt when the war ended. Here was the beginning of many great distortions which would become terrible secrets.
Because the treasure amassed by Golden Lily and recovered by Washington had to be kept secret, citizens of Japan and America were grossly deceived. The 1951 peace treaty with Japan and was skewed by these deceits, so thousands of POWs and civilians (who were forced to perform slave labor for Japanese corporations) received no compensation for their suffering. To shield Japan from demands for war reparations, John Foster Dulles met privately with three Japanese to work out the treaty terms in secret. One of the three Miyazawa Kiichi, later served as Japan’s prime minister and repeatedly as its minister of finance. According to article 14 of the treaty, “It is recognized that Japan should pay reparations to the Allied Powers for the damage and suffering caused by it during the war. Nevertheless it is also recognized that the resources of Japan are not presently sufficient.”
To reinforce the claim that Japan was broke, Article 14 stated, “the Allied Powers waive all reparations claims of the Allied Powers and their nationals arising out of any actions taken by Japan”. By signing the treaty, Allied countries concurred that Japan’s plunder had vanished down a rabbit hole, and all Japan’s victims were out of luck.
In return for going along with the treaty, we document that Washington sent secret shipments of black gold recovered by Santa Romana, to beef up the Allies’ exhausted central banks. . . .
. . . . As we now know, Japan was not bankrupted by the war. By 1951, six years after the war, Japan’s economy was stronger than it had been during the best business years before the war. [Italics mine–D.E.] Carlos Romulo, head of the Philippine delegation to the peace conference, “demolished the U.S. argument that Japan lacked the ability to pay for economic reasons”. Japan’s industrial activity was 32 percent above pre-war levels, its fiscal position showed a surplus, and its balance of trade had moved into the black. In discussions between U.S. monetary experts and Japan’s Finance Minister Ideda Hayato just before the peace conference, he admitted to a budget surplus of over 100-billion yen and planned to use 40-billion of it as a tax rebate to Japanese citizens. The governor of the Bank of Japan pleaded with U.S. authorities to take custody of $200-million worth of gold holdings because he feared “the Filipinos might try to attach the gold as reparations”. . . .
The inability of our fearless leaders (political, military,financial, moral) to step up to a live microphone with a large audience, speak the truth, and survive contributes to the inevitable downfall of the present US empire. Who is in the wings to pick up the pieces and/or who is doing the dirty work for same is revealed in the anti-fascist and otherwise honest recounting of modern history by authors whose works, if not banned outright are certainly not encouraged. The conclusion is that the ‘system’ is rigged.....the details are available if one knows where to look. The majority of the populace is in the position of Dave’s favorite qoute from the professor in ‘they thought they were free’. “the farmer cannot see the corn growing in the field day to day until one day it is over his head”...