2ndlook

Quick … When Did India Become Free

Posted in British Raj, History, India, politics, Propaganda by Anuraag Sanghi on November 30, 2007

When did the British really lose India. Much before August 15th, 1947. That is for sure.

Indian Independence became a reality some 125 years after Tipu's last effort and fall of Seringapatnam. Contemporary British engraving.  |  Click for image.

Indian Independence became a reality some 125 years after Tipu’s last effort and fall of Seringapatnam. Contemporary British engraving. | Click for image.

Quick easy question …

When did India become a free country.

Candidates

August 15th 1947. Wrong! The British walked away from a bankrupt colony on this day.

January 26th 1950. Wrong again! A unique nation in the history of the world was born.

The Top Contender is 8th August, 1942, when Gandhiji told the British to ‘Quit India”.

An all time front runner is January 26th 1943, when Subhash Chandra Bose declared Independence in Germany and selected Jana Gana Mana as India’s national anthem.

Choose 25 December, 1941! You cant go wrong.

On 25th December, 1941, the first 15 recruits joined the Azad Hind Fauj (or the Indian National Army). Raised by Subhash Chandra Bose from Indian POWs captured by Germans, they left the next day for Frankenburg, for the first training camp of the Azad Hind Fauj. After a warm send off from Indian residents at Berlin office of Free India Center.

February 27th 1931, the legend of Chandrasekhar Azad was born and Chandrasekhar Tiwari died – killing himself with his last bullet rather than be taken prisoner by the colonial British Administration.

1929 – April 8th, was the day when Bhagat Singh threw leaflets (with an fireworks device) in Delhi Central Assembly, protesting against an ordinance permitting repressive measures by the colonial administration.

The boycott of Simon Commission by Indian negotiators sounded the death knell of the British Raj in India  |  Cartoonist - David Low (1891-1963) Published - Evening Standard, 11 Feb 1928  |  Click for larger image.

The boycott of Simon Commission by Indian negotiators sounded the death knell of the British Raj in India | Cartoonist – David Low (1891-1963) Published – Evening Standard, 11 Feb 1928 | Click for larger image.

Can we consider December 1, 1927, when Indian polity refused to negotiate with Simon Commission.

After the boycott of the Simon Commission, from 1927, and the death of Lala Lajpat Rai (Nov 17, 1928), it was clear (especially to the British) that their days were numbered.

Britain enacted The Government of India Act, first in 1919 and then in 1935.

April 8th 1944, could be another candidate where a small INA contingent with the Japanese captured (briefly) Kohima.

Before the answer, some other historic examples.

American War Of Independence against the British carried on for 1775-1783. The agreed date is 4th July, 1776, when the Declaration of Independence was made.

14 July 1789 – A crowd of Parisians, stormed the Bastille prison – which held only 7 prisoners. This sparked off the French Revolution. The French emperor, Louis XVI’s execution happened more than 3 years later on January 21, 1793. Only in 1804, 5 years later was Napoleon I, crowned as Emperor of the French.

Or is it that India is still not a free country.

There are lakhs of under trial prisoners languishing in Indian jails. Hundreds are killed in “encounters’ by police. More than 10,000 laws (most of them, oppressive, colonial laws) on every conceivable subjects (and some imaginative also) chain Indians, make them habitual law breakers and engender corruption on a horrific scale.

By any global scale these are small numbers. But by Indian historical precedents, these are big injustices.

Or is that we have become a free country

We want free roads, free electricity, free train rides, free bus journeys, free service.

The funny part is that the word free (meaning “no cost”) does not exist in Sanskritic languages. मुफ्त is a “free” import.

Freedom does comes at a price. Jefferson says it is eternal vigilance.


China’s Bullion Reserves – Gold, Silver and Silk

Posted in Gold Reserves, Uncategorized by Anuraag Sanghi on November 26, 2007

Modern economic research estimates that through most of last 1000 years, China and India have accounted for about 50% of the world economy. 20th century was different for both. While Indian gold based systems are better known, Chinese gold story is very different.

1. China & Neighbours – Gold Producers

India was always an importer of gold. Domestic gold production in India’s core geography has historically been negligible – or low.

China, on the other is different. Mongolia and China have been significant gold producers in history. Estimated gold reserves from current ore mining in China exceed 600 tons – and exploration efforts are expected to increase this to 3000-3500 tons. China is the world’s 4th largest producer of gold – ahead of USA and behind Australia, and expected to overtake South Africa soon.

Currently, illegal mining in China is big time activity and is indicted for supporting poaching!. Chinese were exporters of gold and silks.

2. Chinese – Great believers in silver

Chinese common coin was a silver coin – the tael (which came from the Malay word tahil; which came from Indian word tol; meaning ‘measure’). There were 2 taels – one was commercially pure silver ingot of one Chinese ounce called a liang. The other was a kuping tael - which was coin. Bulk silver was used as currency and called sycee. There were many other taels like Tsaoping, Peking, Tientsin, Hankow, Canton. Chinese also use silver jewellery - against gold preferred by Indian women

3. Chinese invention of Paper

Jiaozi - circulated in Sichuan in the Chunhua period of Emperor Taizong of Song Dynasty

Jiaozi - circulated in Sichuan in the Chunhua period of Emperor Taizong of Song Dynasty

Chinese rulers circulated paper money for longer (from 6th century onwards) and greater area than any country in the world. The first paper currency jiaozi was issued in 6th century – which collapsed very soon. The Song dynasty re-introduced paper currency in 9th century due to copper shortage. Probably, some Jewish merchants were also involved in the jiaozi manufacture.

Kublai Khan’s (a descendant of Genghis Khan) paper money management meant that all Chinese had to deposit all gold (or be prepared to die) with the Khan’s treasury and they got a currency note which was trade-able. This ‘system’ received wide publicity in Europe (thanks to Marco Polo). 600 years later, Roosevelt did the same with the Americans – and collected 8000 tons of gold.

4. Opium & China

Western consumers bought tea, silks and other Chinese commodities for which they paid in silver. The Chinese did not need much of Western goods – like India. To correct this negative balance of trade, Europeans promoted opium in China. When Chinese resisted the Opium trade, wars followed.

In early 19th century AD, Opium imports into China by British, French, American, Dutch, Spanish traders, sourced from India led to an outflow of silver from China – and a currency crisis. The ruling Qing state went into a downward spiral- culminating in the Chinese Civil War and rise of Communism. The Kuomintang (supported by Chinese underworld, The Green Gang, The Red Gang and The Blue Gang) was pitted against the Mao Ze Dong’s Communist Party – and both were armed and supported by Western powers.

Opium for China was produced by indebted Indian farmers and a few Parsi traders set up their offices in Hong Kong. However, the Parsi role diminished after the advent of steamships, their big losses during the Opium Wars and the rise of the cotton trade. Other Indian traders, possibly restricted by shubh labh’ compunctions played a lesser role (compared to the European traders) in this Opium trade.

Major opium trading companies like Jardine Matheson, David Sasoon & Company and sundry traders set up The Hong Kong & Shanghai Banking Corporation for facilitating this misery. The Chinese Opium problem was finally solved by several draconian measures during Communist rule.

5. Wars In China

When Chinese resisted the Opium flood, Western traders resorted to war. The Japanese emboldened by new found wealth and military technology, joined Western powers. The Sino Japanese Wars, The Opium Wars with Europeans and The Boxer Uprising before WW1 imposed large war reparations on the Chinese. The Civil War in China between the world wars destroyed Chinese commerce systems. The Cultural Revolution has left the Chinese commercially backward.

6. How did the Chinese preference for silver affect them?

In 1500, the approximate exchange ratio between gold liang and and silver liang was 1:4. Today it is 1:50. Silver mineral deposits, mining and availability is more elastic than gold. Elasticity of gold production is very low. Secondly, above ground supplies of gold are far higher than known below the ground estimates. Hence, manipulation of gold prices over a period of time is difficult.

Touchy ... feely ... selly ... silly ...

Touchy … feely … selly … silly …

7. Current Status

China, as the world’s largest holder of US dollar debt is constrained in its move to increasing gold reserves through market operations. A dollar sell off by China could collapse the world’s currency system – and the biggest loser would be the Chinese! But a negotiated conversion of some dollar reserves to gold is eminently possible.

Between 2000-2007, the Chinese Government increased their monetary gold reserves from more than 300 tons, to more than 600 tons. Official Gold Reserves of Chinese Central Bank Gold reserves are about 600 tons of gold.

China has become the world’s 3rd largest consumer of gold – up from a 100 tons to 350 tons. The Shanghai Gold Exchange has made it easier for individuals to invest in gold. They have reduced the transaction size from 1 kg to 100 gm.

8. Possible Chinese Strategy

China’s investment in US$3 billion in Blackstone Private Equity /hedge fund, was the first by any country. This gives China an inside track to the world’s largest hedge fund and private equity player. The Blackstone Fund on the other, gets access to the world’s largest liquid reserve – more than 1 trillion dollars of the Chinese Government’s monetary reserves.

China is setting up a US$200 billion sovereign fund that will invest in range of markets and instruments. With this institutional framework, for China to increase their monetary reserves by a 1000-2000 tonnes is well within realm of possibility.

9. The 2ndlook alternative (Oct.3, 2008, update)

Chinese assets ...

Chinese assets …

In any new world financial reform proposal, the Chinese voice will be very important. After all they are the world’s largest creditor nation! They have US$2 trillion worth of IOUs with them. Of course, the composition of these US$2 trillion Chinese reserves is a state secret.

The Chinese will not agree to any ‘hare-brained’ scheme by ‘tin-pot’ dictators, who are sitting on some raw materials – and think that the future belongs to them. The world has so many of this variety, that it does not require me to be specific.

The Chinese need to acquire some big ticket assets – maybe, some big US companies, for about US$1.5 trillion and bring down their reserves to US$0.5 trillion. This will reduce US outstanding debt, create demand for US stocks, lift the Dow Jones, and create value for the dollar. As I see it this is the only way that the Chinese can cash in their chips. The House will not let them take it away any other way.

10. What does this mean for others

China, the largest creditor nation in the world, carries a big stick. They are not democratically accountable and transparency is not required from them. Hence, a significant conversion from dollar holdings to gold is feasible, can be done quietly (hence, at an economic price) and with trade power they have, a strong negotiating position is a given.

And that is an opportunity others may not get!

In the last 150 years, strong monetary gold reserves have been a feature of Western monetary systems (acquired mostly, by  dubious means like slavery, genocide). China’s moves, if any, will diversify global monetary reserve systems away from the dollar and the West and spread the weightage in a more equitable manner – giving rise to speculation about a renminbi bloc.

And that is something that is good for global monetary system.

What should India do …

Oil Dollar Tango

Oil Dollar Tango

Two years ago …

This post had estimated that the Chinese could possibly (and they have)  increase their monetary gold reserves. On April 24th, 2009, Bloomberg reported that China had increased

its (gold) reserves by 454 tons to 1,054 tons through domestic purchases and refining scrap metal, Hu Xiaolian, head of the State Administration of Foreign Exchange, said in an interview with the Xinhua News Agency today. China, the world’s biggest gold producer, has increased its holdings before, Hu said in the interview carried on the administration Web Site. They rose from 394 tons to 500 tons in 2001 and to 600 tons in 2003. The U.S. has the world’s biggest gold holdings at 8,134 tons, followed by Germany with 3,413 tons, World Gold Council data show. France has 2,487 tons and Italy 2,452 tons, while the IMF has 3,217 tons, according to the council.

Another report, from Market Watch, a WSJ web publication added,

The increase makes China the world’s fifth-largest holder of gold, just ahead of Switzerland, and among the six nations plus the International Monetary Fund that have reserves of more than 1,000 metric tons. Although Hu did not elaborate on where China had sourced the additional bullion, her comments were interpreted as meaning they came from domestic sources and may included refining of scrap metal.  Traders also say the gold was accumulated systematically over a number of years. Last year China ranked as the world’s largest gold producer with 12.2% of world output, equivalent to 288 metric tons. The U.S. ranked second with a 9.9% share, or 234 metric tons.

What are the future plans of the Chinese? A report quotes an analyst

China should increase its gold reserve from 600 tons to about 2,500 tons in a short term and to 3,000 tons in a long term to cope with the versatile exchange rate risks, said Teng Tai, an economist of China Galaxy Securities Company.

Of course, this really does not mean much – except that it may keep gold prices on boil. Whether a currency is backed by a 5% or a 10% gold reserve may not mean much, in this era of rampant use of “a technology, called a printing press” as an economic tool – not just by the US of A. For long term economic stability, gold needs to be in the hands of individuals – and not Governments.

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India – 1 Country 2 Histories Many People

Posted in History, Uncategorized by Anuraag Sanghi on November 22, 2007

यूनान-ओ-मीस्र-ओ रूमा, सब मीट गए जहाँ से, अब तक मगर है बाक़ी, नाम ओ नीशान हमारा,
कुछ बात है के हस्ती, मीटती नहीं हमारी, सदीओं रहा है दुश्मन, दौर ऐ ज़माना हमारा

Allama Iqbal (Taraana-e-Hind)

Dead Civilisations

Understanding dead civilisations is dead easy. Grand hypotheses or criticism on scanty evidence can be heady wine. Archaeologists can speculate freely about Egypt, Greece, Rome, Babylon, Assyria, Hittites, knowing they are safe with only a limited material. India is different.

World’s oldest living civilisation, India, on the other, is difficult to understand. At every stage, India challenges historians and archaeologists. To make sense of India, we have to define India in 2 set of histories and many peoples within the 2 histories. After that, the haze drifts and it becomes clearer.

The North Indian Geography

One India is North of Vindhyas and the other is South of Vindhyas. These 2 India’s have a overlap (as is to be expected) and are complementary. The North of Vindhyas, stretching from modern day Orissa, MP, Maharashtra upwards has its core around the Indo Gangetic plains and the Himalayas. It is the core of North Indian geography.

This North Indian geography radiates out and spreads on the उत्तरपथ Uttarapatha (the Western world knows this as the Silk Route) to modern day Samarkand, Afghanistan, Tibet, Pakistan, Iran, Oman, Tajikstan upto the Caspian Sea. Central Asian tribes andThe Silk Route & Aurel Stern kingdoms of Persians, Sakas /Scythians, Kushans (Kanishka, their most famous ruler), Huns, Mongols, Tartars set up empires with shifting boundaries. Hueng Tsang narrates that India ruled till east of Taklamakan desert. Sir Aurel Stern, recovered Indian language scripts from Central Asia.

Intermarriage, trade, alliances, diplomacy, military campaigns stretched and contracted zones of influence in this melting pot of peoples. Many board games played today were born along the Uttarapatha (the Silk Route from China to the Central Asia and thence to Europe). Chaturang, became shatranj and now known as Chess moved to Persia during the reign of Khusru Nuwshirwan in 6th century AD before the birth of Islam and from there into the Central Asia and the Levant – before the wave of Islamic aggression. Bana in early 7th century AD, praises Harsha, the King Of Kannauj, who reigned from 606-647. Bana describes this king as prince of peace, noting that in his kingdom the only wars were The Silk Routefought those moves on 64 squares. Thaayam, Chaupar, Pachisi (played today as Ludo) were Indian games that have become popular under different names all over the world.

In modern terms this geography was influenced significantly, by Greeks, Roman, Persian, Chinese and Indic cultures – in order of increasing importance. Indian classical characters have origins from various (now foreign) lands. Kaikeyi was a Caucasian /Iranian princess. Draupadi’s marriage with Pandavas was solemnised as per Tibetan practice (where polyandry is an accepted customs amongst in the ruling class). Gandhari was from modern Afghanistan or Gandhar as it was known earlier. Indian spiritual exchanges continued well till the advent of the colonial period. Guru Nanak Dev’s 11 years travel in the Middle East and his religious discussions with Bahlol Dana at Baghdad, Iraq are proof of this exchange.

Three major religions now dominate this Greater North Indian geography. Islam dominates most of modern Central Asia. Buddhism has deep roots in Modern Tibet, Ladakh, Sikkim, Bhutan and Burma. Major population in the modern North India follows Hinduism and Sikhism and has an Islamic minority.

It is the North-of Vindhiya India that gave birth to Hinduism, Jainism, Buddhism and Sikhism, the four major religions that dominate the world, Sanskrit (World’s first artificial, revolutionary language, as opposed to other evolutionary, Prakrit प्राकृत languages). India’s first known civilisation sprang in the Indus valley – evidenced by the cities of Mohenjodaro and Harappa. Many more archaeological site of the same civilisation (Lothal, etc) have been excavated. The Indus Valley script is not yet deciphered – hence linkages to pre-Sankrit is difficult to make.

British colonial understanding of India depended on limited and intermittent Greco-Roman writers for the definition of India. Colonial British and European historiographers further limited India’s definition to suit colonial ends. Colonialists have resisted change from the Egypt-Greece-Rome-Europe world view – which was called in question by the excavations and study by Friedrich Delitzsch, Alfred Jeremias, Peter Jensen, Eduard Stucken and Hugo Winckler, whose work has been obscured. To view India from modern political boundaries is to severely limit understanding of India. India was historically (and as per Indian texts) has been different from the current India that one sees. Post colonial India has further limited its own definition.

What Does This Mean

European historians have traditionally dated Aryan Indian civilisation at 1500-1800BC. The Indus valley was dated 1500-2000BC. At these dates, Hammurabi, ancient Babylon were already established. Greece was flourishing.

As for India – (following Max Mueller’s theory), it was a desolate, backward civilisation, awaiting Aryan conquest. Aryan conquerors came, raped Indian women, pushed Dravidians to the South, and ruled India. India’s progress was thus entirely due to the colonisers. This was history that was used by British colonisers and is accepted today.

And this colonial history is suspect – and being questioned.

Aryan Invasion & Migration Theory

Max Mueller’s theory, a German (orientalist, whatever they are) popularised a theory that originates the Indic civilisation from the Central Asia down to Iran – whether migration or invasion is possibly immaterial. Max Mueller’s theory is questionable due to his “open” agenda of Christian propaganda and the British colonial state patronage.

As per Max Mueller, from Iran, the Aryans branched out to Europe and India. Hence, the similarities in languages. There are alternative historical scenarios being mapped out. Politically, Max Mueller’s theory created a political divide in India that proposed Aryan conquest (by North India) of Dravidians(from South India). Unfortunately, our schools and history books still carry this suspect theory.

Recently, after racist attempts in the USA to push this theory, some NRI /PIO academics have carried out further research – which has made this theory look very flimsy.

From India To Babylon and Russia

Post colonial historical revision is proposing new theories. New archaelogical evidence supports history that shows Aryans moved from India to the Anatolian plains and established the Sumerian, Mesopotamian, Babylonian cultures of Elam, Mitannites, Kassites along modern Syria to Turkey. The Elamites, Mittanis, Hittites competed and traded with the Egyptians.

West Asian reluctance to give up slavery, made Indo Aryan rulers disengage politically from West Asia and Middle East. Judaism, Christianity and Islam, the three ‘desert religions’, gained the first converts from slaves, but continued with slavery till the 20th century. The 3 ‘desert religions’ instead of reforming slave societies, just transferred slave titles. Old slaves in turn became the new slave masters. Non-political Indian role in West Asia and Middle East continued to grow in terms of trade and learning. Babylon became a part of Alexander’s empire (and then the Roman Empire).

In 1906-07, an Turkish archaeologist , Theodore Makridi-Bey, started excavations at Hattusas (Boghazkoi), 150-200 kms from Ankara, in Cappadocia. He was joined by Hugo Winckler, a German archaeologist, specialising in Assyria. They unearthed more than 10,000 clay tablets which proved to be of tremendous interest.

Deciphered cuneiform tablets show worship of Varuna, Mitra and Indra – Gods worshipped by Indo Aryans. Rulers and Kings had names likes Shutruk (Shatrughna), Tushrutta meaning “of splendid chariots” (similar to Dashratha; Master of Ten Chariots) Rama-Sin (Assyrian Moon Good was Sin; in other words Ramachandra) Warad (Bharat) immediately before and after Hammurabi – the world’s first law giver. The Elam culture had a language which is similar to Dravidian languages. The Mitannite, Kikkuli, wrote on how to manage chariot horses. Egyptian king, Amenhotep I, married a Mittanite princesses. Elamites were founders of the first kingdom in the Iranian geography.

The Amarna letters (written by Tushratta) have made historians sit up – and a reluctant re-interpretation of history is beginning.

Aryans In Russia

In the new theory of migration from India, a second stream of migrants went up Iran into Upper Central Asia to the borders of Siberia. In 1972, excavations at Dalverizin Tepe in Uzbekistan uncovered what are possibly chess pieces – a game that has been popular in India, Iran and Central Asia. These have been dated around 100 BC.

In 1987, north of Kazakhstan border, at Chelyabinsk Oblast, a archaeological site, situated in Southern Ural Mountains, was to be flooded by a reservoir being built. The complex city built seems to have been built by Indo-Aryans, named Sintastha. Sin was the Assyrian /Central Asian Aryan Moon God and stha meaning place. This can be loosely translated to Chandrapur in modern Hindi. This city, shaped as ’rounded swastik’, followed the burial culture of the Mitanni rulers and Gandhara Aryan cities of 1500 BC-1700BC period – but 3000 kms apart.

Scientific Proof – Apart From Theory

A further bolster to the new theory is DNA and mitochondrial mapping done by various teams. These mapping and analyses (Sanghamitra Sahoo, et al) show that there has been no major DNA (Analabha Basu, et al) inputs into India. Some expert interpretation show that this data may require more and further research – as everything does all the time. This same research also shows that Indians share certain DNA markers with West /Middle East Asia – which supports Indian presence in Egypt, Mesopotamia (Syria, Iraq) and Anatolia (Turkey).

DNA research shows that a band of Indians went into Europe – now referred to as Roma Gypsies and share Indian genetic code. These Roma Gypsies have been living at the edge of European society – and have been severely persecuted through history. While Nazi and Croat brutalities against the Jews is known, that against the Roma Gypsies is swept under the carpet. European derisory references to Indian untouchability, overlook their own treatment of co-inhabitants for at least 1000 years is matter of shame for Europe.

Does This Change Indian History?

January 19th, 1992, an archaeologist, Albert Glock was killed in Israel. Many rumours, many allegations and many theories. What is it that he had discovered? Why did his discovery make it essential to kill him? Israelis, Palestinians?

In 1996, another writer made waves – Suzanne L. Marchand (Down from Olympus: Archaeology and Philhellenism in Germany 1750-1970. Princeton, NY: Princeton UP, 1996). The core of the book was how archaeology was being thwarted and her case in point – the Boghazkoi team.

If King Ram-Sin (1822-1763 B.C.), also Rim Sin, who ruled from the capital city of Larsa, a few miles north of Ur shortly before Hammurabi’s time was an Indian Aryan, then the history of the world changes.

It implies: -

  • Indian-Aryans had reached the borders of Greece (Boghazkoi) – as the Greek civilisation was being shaped.
  • Indian priests at Ur, managed the temple of Babylon where the world’s first banking was carried out.
  • Ramayana, Upanishads, Puranas, Vedas were already composed and far ahead of any known civilisation at that time.
  • Was the Temple Of Ishtar a temple to Durgalakshmi?
  • Were the Tower Of Babel a place where Sanskrit teachers moulded and shaped the languages of the world? Is the ziggurat a later day version of शीखर shikhar?
  • The oldest surviving Babylonian tower is an Elamite construction!
  • Russia and Urals, where significant gold deposits have been mined, is the site for the Sintastha, Arkaim.
  • The cylindrical seals at Ur were similar to the Indus Valley seals – including a sacred bull.
  • Was the Trojan War actually a war between Indic rulers of Anatolia and the Greeks?

For most modern Western historians (and also modern Indian historians), only the Core North India, is Indian history, society and culture. This is the history which British propagated and showed India as a defeated civilisation. Invaded, pillaged and dominated. Inferior. Technologically backward. This is the history that is taught in schools and exists in popular imagery. Despite its many fallacies, this view is being perpetuated by propaganda interests of the British (Euro-American interests now) and the (various versions of) Congress party which has been the ruling party for the most of post-colonial India.

Some of the myths that have taken root and which have done much damage to the post colonial India. The infamous population theory, Chidambaram’s ill-informed 5000 years of poverty, poor natural resources, the supine Hindu, non-aggressive behavior by Indians amongst many others myths.

Scorched Earth Incidents In History – What They Reveal …

Posted in Current Affairs, Gold Reserves, History, Uncategorized by Anuraag Sanghi on November 19, 2007

Guiding Spirit

“Novit enim Dominus qui sunt eius” (Kill them all, God will know his own) instructed the Abbot of Citeaux to followers at the start of the Albigensian Crusade.

And 200,000 people were killed.

Emerging nations (India is hopefully, re-emerging), at some point, will confront militant and aggressive powers, who have used major massacres to secure their ends. Apart from well documented and known military massacres , there are equally effective massacres – the Bengal Famine of 1943 being a prime example.

Apart from two major incidents of slaughter in Indian history – the Kalinga War and the sacking of the Vijayanagar Kingdom, there is no other recorded incident of massacres initiated by Indian rulers or conquerors.

Megasthenes (the Greek ambassador in Gupta court) writes, “”Whereas among other nations it is usual, in the contests of war, to ravage the soil and thus to reduce it to an uncultivated waste, among the Indians, on the contrary, by whom husbandmen are regarded as a class that is sacred and inviolable, the tillers of the soil, even when battle is raging in their neighborhood, are undisturbed by any sense of danger, for the combatants on either side in waging the conflict make carnage of each other, but allow those engaged in husbandry to remain quite unmolested. Besides, they never ravage an enemy’s land with fire, nor cut down its trees.”

This makes the Mumbai 1993 riots, the 1984 Sikh Pogrom and the Godhra carnage in India a matter of concern and historical discontinuity.

Vercingetorix

Rome was sucked into the vacuum left behind by Alexander’s death. Roman generals consolidated in Asia Minor and expanded into Europe. One significant territory was Gaul (most of modern France). In 52 BC, the Gaels rebelled. Governor of Gallic provinces – Julius Caesar.

The rebellion was led by Gaellic chieftain, Vercingetorix (pronounced with a k; or in Gaellic possibly Fearcuincedorigh, Chief of a hundred heads, was son of Celtillus, a chieftain executed by his tribesmen, for attempting to unite the tribe). After nearly 2 years of campaigning, Vercingetorix was defeated by Julius Caesar, imprisoned for 5 years and brought in chains to Rome – and strangled to death after a public display.

Rome used massacres freely to quell this rebellion, and to instill fear amongst the tribes. An entire population of Avaricum (Bourges), varying estimates of between 40,000-120,000, was massacred. At the least, 1 million of 3 million Gallic Celtic populations was killed by the time Caesar finished with Gaul. Many Gaels were taken as slaves by soldiers to carry their baggage or sold to slave traders which accompanied these armies.

Carthage

Kart Hadasht, or Carthage as we know it today, was a city founded by Phoenicians, a sea-faring nation, (based in an area near Tunis and modern Lebanon) – and one of the first rivals that Rome had. Carthage ruled over much of the Mediterranean and North Africa. It expanded into Spain – Barcelona is named after the Barca family, of whom Hannibal is the most famous.

Alexander’s campaign had taken the best of male youth from the Greek population and made it incapable of holding at the centre. Alexander’s vast dominions and revenues were unprotected. Greek political leadership were engaged with Alexander abroad. Its armies were tied up in Asia. No ruler after Alexander’s death in 323 BC was in a position to consolidate the conquests or overcome Greek-Macedonian infighting.

It took Greece another 600 years to recoup and challenge the Western Roman Empire. The split between the Western Roman Empire and the Byzantine Empire was along linguistic lines. The Byzantine Empire used Greek as the official language - and had many Greek Kings. The ‘Greek Miracle’ was rewritten by these Greek historians – 800-to-1000 years later. Much like modern day propaganda by the West, the Greeks used their language to create a myth around the Greek civilization. Alexander, a Macedonian (from modern day Balkans), was usurped by the Greeks (from the Mediterranean region) as their own.

In 306, BC, Rome allied with Carthage against the Greeks. Over the next 150 years, Carthage and Rome battled Greece, conquered Sicily and attacked each other. After three Macedonian wars and the war with Antiochus the Great of Syria, Rome established itself as a prime power.

Rome then turned its attention to other challengers, most notably, Carthage. Scipio’s armies, engaged Carthage in the Second Punic war (218-203) – and Carthage thereafter, was militarily, a spent force. Over the next 50 years, Carthage declined militarily – but prospered economically.

And Rome…

In 150 BC, controlling much of Alexander’s empire, Rome decided that no one must be left to challenge its power. Cato the Elder, influenced the Roman Senate and pushed for Delenda est Carthago(”Carthage must be destroyed”). An army under consuls Manius Manilius and L.Marcius Censorinus was sent to destroy Carthage, militarily, a shell of its former self. Carthage offered to surrender and deposited all its armour and armament. Roman generals refused to accept the surrender.

Carthage re-armed to defend itself. Roman generals could not make much headway. Finally, the Roman senate sent a descendant of Scipio Africanus (of the Second Punic War), Scipio Aemilianus – and in 146BC, Carthage was defeated. Carthage city was destroyed, its fields plowed and salted, so that the city would never come up again. 50,000 residents of Carthage were enslaved. In parallel, in 146BC, Corinth suffered a similar fate. Final tally during the Punic Wars over 200 years – 10 lakhs people (1million).

Spartacus

50 BC. Alexander had passed into mythology. Romans had taken complete hold of the Alexandrian Empire. Millions (men, women and children) were enslaved. Swollen by revenues from the inherited Alexandrian territories of Asia Minor; by loot and conquests from Europe, Roman society was rolling in wealth. Nearly a million slaves toiled to keep Roman population well fed and in luxury.

On the other side of the world, Alexander’s conquests had increased trade manifold. Indo Roman trade flourished. Greco-Roman currency, laws started at Indian borders and led right to the heart of the world’s largest and most prosperous market. A ‘merchant prince’, Chandragupta Maurya and a Brahmin minister, Kautilya Chanakya, with the support of the 16 mahajanapadas (principal ruling Indian federations) had united most of Indian subcontinent. The most famous of this dynasty, Ashoka (The Great) started the spread of Buddhism.

With rapid economic growth, also came rapid change in social differences. In Rome, slacvery was political and economic (slaves and master). In India, many religious teachers started movements against slavery – now commonly popular as ‘ahimsa’. In Rome this sparked the Spartacus revolution. 100,000 slaves mutinied and were led by Spartacus. After many battles between 72BC-71BC, Spartacus and his slave legions were defeated. 6,000 slaves were crucified on the main Roman highway – the Via Appia.

Ustashe Cleansing

Ustati in slav languages means “to rise”. 1939, Italy, supported and created the Croat Ustashi Army made up Croats. This army reached a size of upto 100,000.

After Hitler’s sweep across the Balkans, a Nazi puppet government of Ante (Anton) Pavelic, headed the “Catholic State of Croatia.” The Pavelic regime supported “Clerical Fascism”-a mix of Catholic religiosity, Anti-Semitism and authoritarian politics. Mussolini’s Italy and Nazi Germany’s “Ausland” department assisted Ante Pavelic and his Catholic terrorists to set up a dictatorship. Ante Pavelic was declared Poglavnik – or what we better know as Fuhrer. Archbishop A. Stepanic established a Croat Separatist Movement and seized power.

They had a simple one point agenda – One third to be converted from Orthodox Christians to Catholic Christianity; one third to be killed and one third to be expelled . Their allies – Before and during the WWW2 – Italy, Germany and The Vatican. More than 10 lakh were put in concentration camps – and most died.

After WW2, Marshal Tito curbed the Ustashi – and the USA embraced these Ustashi to “fight communuism”. After death of Marshal Tito and collapse of the Soviet Empire, these groups were sent back - and the old massacres restarted.

Final tally – More than 20 lakh people killed.

Mau Mau

Post WW2, Churchill was the British Prime Minister from 1950. Kenya became the new jewel in the depleted British crown. The crown princess (the current queen) celebrated the end of war, with a well publicised holiday (1952) at a tree top lodge in Kenya. Churchill resisted the “liquidation of Her Majesty’s empire …” and “winds of change” were yet to blow across Africa.

Kenyan de-colonialisation movement was symbolised by a Kikiyu tribesman, Kamau wa Ngengi, who later took the surname, Kenyatta (from the Kikuyu word for a type of beaded belt he wore) and the first name Jomo – Jomo Kenyatta. Meanwhile, inspired by Gandhiji’s success in India, 1950 saw, at a joint meeting of KAU and Kenya Indian Congress at Nairobi, Trade Unionist Makhan Singh’s resolution for freedom for East Africa being passed. In 1952, Jomo Kenyatta was arrested in ‘Operation Jock Scot’ with 182 other African leaders.

The Kikiyu tribe, considered relatively less aggressive (compared to the Masais) and well settled in agriculture, were provoked to revolt by loss of their lands to white settlers. They formed the Land and Freedom Army and what followed was a 11 year guerilla war, which descended very soon into brutality – and reminded some of Nazi ways of Joseph Mengele. The British and the Western press called this the Mau Mau uprising in a derogatory manner.

Final count – as per Caroline Elkins 100,000 dead; 10,00,000 imprisoned and detained without legal cause; a record 1090 people hung to death. British Government numbers – 12,000 dead Kenyans, (certified). 100,000 imprisoned. Another article estimated close to 12.5 lakhs (of a total population of 50 lakhs) were killed or imprisoned.

Wipe out of the Red Indian Population

In 1492, when Columbus landed in the West Indies, the native American population was 3 million (in the what is currently USA) and more than 10 million in the Americas – and they spoke a 600 languages. 300 years later, they had become tourist attractions.

The British and the independent Americans were equally brutal with the Red Indians. During the French and Indian Wars, Britain waged a biological warfare against the Red Indians by distributing small pox infected blankets to Red Indians. 70 years later, Andrew Jackson delayed (some say withheld) small pox medical supplies and vaccines from Red Indians.

During the American War of Independence against the British, George Washington, was clear what to with native Red Indians at least. On May 31, 1779 Washington sent his official Instructions to Major General John Sullivan:

Sir: The expedition you are appointed to command is to be directed against the hostile tribes of the six nations of Indians, with their associates and adherents. The immediate objects are the total destruction and devastation of their settlements and the capture of as many prisoners of every age and sex as possible…whence parties should be detached to lay waste all the settlements around, with instruction to do it in the most effectual manner; that the country may not be merely overrun but destroyed

Reminiscent of George Bush threatening the world , either you are for us or against us , George Washington, made a similar remark more than 200 years ago. George Washington wrote to the President of the Continental Congress in 1776:

In my opinion it will be impossible to keep them [Indians] in a state of Neutrality, they must, and no doubt soon will take an active part either for, or against us…

Thomas Jefferson view of the native Red Indians was equally dismissive.

He (King George III) has excited domestic insurrections amongst us, and has endeavoured to bring on the inhabitants of our frontiers, the merciless Indian Savages whose known rule of warfare, is an undistinguished destruction of all ages, sexes and conditions… (Thomas Jefferson, Declaration of Independence, 1776).

Treaty after treaty was made with Red Indians – which were broken time and again. The whites coveted everything that the Red Indian had – but mostly, his life. This “land of the free” by all possible (and some impossible) means was soon made land free of the “natives and savages”.

The US President, Andrew Jackson started by (December 8, 1829) posing as a Red Indian sympathiser. He proclaimed

“By persuasion and force they (Red Indians) have been made to retire from river to river and from mountain to mountain, … tribes have become extinct … Surrounded by the whites … which by destroying the resources … doom him to weakness and decay … That this fate surely awaits them if they remain within the limits of the states … Humanity and national honor demand that every effort should be made to avert so great a calamity.” (parts excised for brevity and ellipsis inserted; bold letters mine).

His solution – remove the Red Indians. In 1830, 40 years after George Washington became the President, the “land of the free”, a law was passed to make the land free of the native Cherokee (Red Indian) population. The vast prairie lands were expropriated – and the Cherokee Indians were marched out by the US army. This march, Trail Of Tears, signalled the break of treaty by white Anglo Saxons. Land West of the Mississippi were to belong to the Eastern Indians ‘in perpetuity.’

The Red Indians resisted removal and forcible transfers. Their resistance was brutally crushed.

By December 4, 1832, Andrew Jackson was saying,

“After a harassing warfare, prolonged by the nature of the country and by the difficulty of procuring subsistence, the Indians were entirely defeated, and the disaffected band dispersed or destroyed. The result has been creditable to the troops engaged in the service. Severe as is the lesson to the Indians, it was rendered necessary by their unprovoked aggressions, and it is to be hoped that its impression will be permanent and salutary.” (bold letters mine)

Gen. Winfield Scott was sent in May 1938, (with an army) to deliver the ultimatum to the Cherokees. Move or we will make you. At your cost.

President Woodrow Wilson echoes the ideology behind the alleged “genocide” –

“The experience of Liberia and Haiti show that the African race are devoid of any capacity for political organisation… there is an inherent tendency to revert to savagery and to cast aside the shackles of civilisation which are irksome to their physical nature. Our industries have expanded to such a point that they will burst their jackets… Our domestic markets no longer suffice; we need foreign markets. In the matter of Chinese and Japanese coolie immigration, I stand for the national policy of exclusion… We cannot allow a homogeneous population of a people who do not blend with the Caucasian race.”

The entire Anglo Saxon race was against the very existence of the native Red Indian. The British Colonialists and the White Anglo Saxon settlers continued a scorched earth policy in their genocidal campaign.

Just like Romani Gypsy and Australian aboriginal children were taken away from their parents, Red Indian children were also removed. In different continents, at different times, similar tactics were used by Europeans and the Anglo Saxons in the colonies.

Aborigines

In 1788, the estimated Aboriginal population was 7,50,000. By 1911, the survivors, were estimated at 31,000. Prior to the Anglo Saxon settlement, “Australia was an ‘empty land‘ because its inhabitants did not count as human“. Today, the Anglo Saxon race prides itself for the building of Australia. Australia was a British colony and till date the Queen (or King) of Britain is the head of State for Australia.

Churchill, the British Prime Minister during WW2, one time Chanecllor Of The Exchequer, had his views on Arabs, Indians, Aborigines, Red Indians –

I do not agree that the dog in a manger has the final right to the manger even though he may have lain there for a very long time. I do not admit that right. I do not admit for instance, that a great wrong has been done to the Red Indians of America or the black people of Australia. I do not admit that a wrong has been done to these people by the fact that a stronger race, a higher-grade race has come in and taken their place.

Churchill similarly had highly enlightened views on Arabs – “The Arabs are a backwards people who eat nothing but Camel dung.”

One of the main causes of deaths was public health. In India, in the early 19th century, an estimated 25 million died due the cholera epidemic – as the colonial Government was not bothered (to give them the benefit of any doubt). In Northern Ireland, during the Irish Famine, the then British Prime Minster with held supplies essential aid from starving Irishmen. In USA, the Government delayed allocations to fight small pox, 20 years after similar actions for the whites. Similarly from the Australian aborigines.

Genghis Khan & The Mongol Tribes

Temujin, more famous as Genghis Khan had an empire larger than Alexander and lasted longer than Alexander’s. From remote fastness of Mongolia to borders of Western Europe, from Central Asia to Arabia, his family ruled for nearly 300 years – over an empire larger than Alexander’s. The expansion of the empire continued well after his death – unlike Alexander.

His armies made a habit of slaughtering entire cities – and the final tally is close to 30 lakhs (3 million). In his direct line of conquest along The Silk Route, Eastern /Central Europe had a population of 35 million. European population in medieval times is estimated at 60-80 million. World population at that time is estimated at 50 crores (500 million). Genghis Khan and his hordes slaughtered 20%-30% of humanity in affected territories.

The Bengal Famine 1943 & Indian Gold Drain

Between 1920-1945, the British manipulated exchange rates and trade to impoverish the Indians. Food grain prices rose sharply on supply disruptions during WW2. Indians had no financial reserves. 40 lakhs Indians died in the resultant Bengal Famine.

India Pakistan Partition

After WW2, Churchill promised that he will not “preside over the liquidation of Her Majesty’s empire …” Clement Atlee promised the British voter a quick exit from India. Post war Britain was tired of rationing, shortages – and subsidising a starving, bankrupted India. The Colonial Office was reporting deficits. Gold transfers from India had reduced to a trickle.

The clue is in the body language

The clue is in the body language

Clement Atlee won. Mountbatten was sent to India. An unprepared India and a leaderless Pakistan were handed over governance.

Many theories apart, it showed another extension of the “scorched earth policy” and a callous disregard for 10 lakh brown lives that were lost to Hindu-Muslim-Sikh riots.

Similarly, after the fall of the Chinese Imperial Dynasty, The Japanese Occupation, WW2, Western powers aided both sides in a conflict. Mao Ze Dong was aided by the Americans against the Japanese, Chiang Kai Shek against Mao Ze Dong and Communist Chinese army built with western aid (during WW2), occupied a pro-India Tibet.

Haiti – First Slave Independence

14th August 1791. St Dominque. A black slave overseer killed a pig. And it sparked off the world’s first successful slave uprising.

Boukman Dutty was Voudou N’Gan (oungan, houngan, voodoo priest), killed a pig as a part of an African tribal ritual Bwa Kayiman, to his ancestors and Ogoun, god of fire, iron and war. Ogoun and Erzulie Dantor (Ezili Dantor), a Vodou l’wha (loa) a warrior spirit, responded to this call to protect these slave warriors.

25th August. Night of Fire. 50,000 slaves rose in revolt. More than 1000 sugar and coffee plantations were put to fire. Flames could be seen as far as Bahamas. 31st December 1803, liberation brought about by vengeance, independence was declared.

St. Dominque, now called Haiti, was a French colony with 800 sugar plantations and 4,00,000 slaves from Niger and Dahomey (now Benin) in West Africa. Haiti, the greatest jewel of French colonies, accounting for 40% of French GDP in 1700s, was the largest market for slaves in Atlantic trade. It was the largest producer of sugar in the world and competed with British colonies (like India) for indigo production and had thousands of coffee plantations. Discovered and exploited by Christopher Columbus,

What happened to the original population 1.3 million of its original population. Done to death in forced silver mines in 10 years.

Cuban Independence

After the fall of Haiti, by 1860, Cuban production grew to 500,00 tons of sugar – 1/3 of the world’s production. Under Spanish rule from 1511, the indigenous population was annihilated and the island was populated by imported African slave labour. Henry Clay, Secretary Of State, in President John Quincy’s administration,”This counry prefers that Cuba and Porto Rico remain dependant on Spain …”

In 1844 Cuban slaves revolted unsuccessfully. 10th, October 1868, Carlos Manuel de Céspesdes released his slaves and El Grito de Yara, a 10 year war against Spain started.

General Valeriano Weyler, “The Butcher,” to stamp out the independence movement. He created modern history’s first concentration camps. Hundreds of thousands of men women and children were put into concentration camps. In Havana city, 52,000 people died. The peasants retaliated by burning down vast Spanish owned sugar plantations. Weyler was recalled to Spain in 1879. October 7th 1886, slavery was finally abolished. Spain continued to rule Cuba – with greater repression.

” Seventy-five percent of Latin America’s exports to the United States came from Cuba and half of the Latin American imports from the United States went to Cuba in 1894. The United States had well entrenched itself in the Cuban economy and did not want to lose a valuable market so close by. Spain clung to its remaining claim. Cuba was caught in the middle in the mid-1890’s when the United States reduced sugar imports with the Wilson-Gorman tariff and Spain restricted United States imports to Cuba. Proponents of annexation and independence divided Cuba’s population.” by Brad Williford in The Cuban Revolution of 1895-98

125 years after Independence, US was developing colonial ambitions. The Monroe doctrine was used to create colonies in the American backyard. “Yellow Journalism” invented. On April 25th 1898, the US Congress declared war. For the next 4 months, the US fought the Spanish American War. On August 12th, 1898, Spain signed the peace treaty. On December 10th 1898, the treaty of Paris was signed. USA annexed Philippines, Guam and Puerto Rico in exchange for US$2,00, 00,000. Cubans became nominally declared free but with many conditions.

Cost – Over 20 years that Cuba fought the Spaniards, 500,000 people died.

The Israel – Palestinian Conflict

Post WW2, USA was the significant power which could project its power across continents. To protect this position, the USA and Europeans created Israel on specious grounds. Less than 1 lakh Jews (original inhabitants) were given preference over 10 lakh Muslims and the state of Israel was formed. Palestinians are today paying for Europeans genocide of Jews. If the Jewish state was essential, the Europeans could have created a Jewish state in Europe and guaranteed safety and neutrality of the same.

Why did West Asia have to pay for European genocide? One reason – Oil.

Israel is the Western world’s cat’s paw in West Asia. Price of this oil politics – More than 2 million in the last 50 years. Innocent Israelis and Palestinians – fed on distorted history kill and maim each other. The beneficiaries – Europe and USA.

Tally – More than a million dead.

The US Philippine War

After the abolition of slavery in USA, the ‘land of the free’ turned to proxy slavery – colonialism. The first attempt was Cuba.

In Asia, Philippines was the American colony in the Asia. To protect the US$2,00,00,000 payment made by the USA to Spain, USA colonial forces killed 1.4 million during the period 1899 to 1905. Over the next 80 years, Philippines was ruled by Americans and foisted dictators like Marcos – at the cost of these Filipinos. As history would have it, Brigadier General Arthur MacArthur fought the first Filipino war – and his son, Douglas fought in the second during WW2.

Human Cost – Some 1.4 million dead during the period from 1899 to 1905.

More updates on …

Atomic Bombing Of Japanese

The Jewish Persecution In Europe

African Slavery

Brussels & Berlin Conferences – Agreement on Colonies & Slavery

Conquistadors

Hitler’s Holocaust

The Sacking Of Vijayanagar Kingdom

Timur, the Lame

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Sovereign Gold – How Safe Is Indian Gold …

Posted in Gold Reserves, History, politics by Anuraag Sanghi on November 15, 2007

How safe are the world’s largest reserves of gold?

India, with the largest (private and government) reserves of gold in world, needs to examine the safety question. While, there have been many advocates and supporters for many European claims, I am yet to see any support for reclaim of any of loot from weaker nations by some of the temporarily dominant powers.

In spite of close cultural and economic relations, WW2 was started by countries of Western world for gold, oil and access to markets. With excess of printing capacity, any country in world can print notes. During any period of turmoil, what matters is gold. After all, even India with the largest gold reserves in the world, needed to pledge gold in 1991 for small loan from IMF and World Bank.

Is our gold safe? Look at the experience of some of these countries.

(L-R) Prime Minister Ramsay MacDonald of Great Britain and Governor of The Bank of England Montague Norman attending diplomatic reception at Austrian Legation. 1932, Photographer - Erich Salomon

(L-R) Prime Minister Ramsay MacDonald of Great Britain and Governor of The Bank of England Montague Norman attending diplomatic reception at Austrian Legation. 1932, Photographer - Erich Salomon

Belgian Gold

Anticipating German invasion of the Netherlands, the National Bank of Belgium moved some part of its gold reserves to Bank of France, for safe keeping. However, after France itself came under attack, Belgium instructed the French to transfer Belgian gold to London.

The French instead, moved that gold to Dakar, Africa, to a French bank. After the fall of France, Pierre Laval, Foreign Minister in the French Vichy government of Marshal Petain, handed over the gold to Hitler’s Germany – which reportedly, recast this gold, put pre-war stampings and sold it to the Swiss. What happened after that. Well, the Belgians lost it all, I presume.

British Experience

Britain itself found that the they could buy anything only with gold. A staunch ally like the USA, demanded payments in gold. Britain sold the Viscose Company, receiving a paltry amount. British investments in Canada were disposed to pay US for for raw materials.

A significant part of British gold reserves, were safely moved to Canada on board the battleship Revenge and HMS Emerald to the vaults of Bank Of Canada (which still acknowledges the British crown) banks. American warship, Louisville was sent to Simonstown South Africa to take delivery of British gold.

Czech Gold Diversion

After Hitler’s invasion of Czechoslovakia, under the British-Czech treaty, Britain was enjoined to join the war on the Czech side. Instead, Montagu Norman, the head of Bank Of England, under a technicality, handed over Czech Gold to the Germans – in spite of the British Parliamentary restrictions; a supposedly secret transaction, blown open by a connected reporter.

After many enquiries, investigations, Montagu Norman, (yes, the same racist who collaborated with Churchill to loot the Indian peasantry) was let off without even a rap on his knuckles. After the war, Montagu Norman set up an institute to do research (like Joseph Mengele) in eugenics. His former boss, another racist, Churchill, set his armies on the Mau Mau, fighting for Kenya’s independence, and hundreds of thousands black Kenyans disappeared. Did the Czechs get their gold back? I doubt!

Central BanksPortugal, Spain

From the 1980s, it became fashionable to hedge, trade, create derivatives, get into junk bonds. And the King Of Junk was Michael Milliken. His company Drexel, Burnham and Lambert.

A subsidiary of Drexel, Burnham and Lambert, used borrowed gold from Central Bank of Philippines, Pitcairn Island, Poland, Portugal, Puerto Rico – all lost money. Further investigations show that more central banks lost more money – which were finally shown as “gold sales” by many European banks – and there this where things get murky.

Death Of Edmond Safra

Friday. December 3rd, 1999. TV channels (in India too) announced that Edmond Safra died in mysterious circumstances. Based out of Monaco, a known off shore finance centre, he is believed to have been in the know and arranged numerous gold dealings. He was supposed to be behind the George Soros run-in with the Bank Of England gold sale and physical delivery.

At the time of his death, he was negotiating the sale of his bank to The Hong Kong & Shanghai Banking Corporation – set up with opium earnings by Jardine Matheson and David Sassoon and sundry others.

This time the conspiracy is supposed to have been hundreds of tons of Russian-Soviet gold (looted from Tsars?) and never returned to Soviet Russia – and now sold through Edmond Safra.

French Pragmatism

Before, during and after WW2, large numbers of national and private treasures were looted, misappropriated and generally fell into disputes. The French Government had a similar experience .

Secret of Japan‘s rise

Year 1542. The Sado gold mines were discovered. In 16th-17th century, Japan became the second largest producer of gold in the world. Rapid rise of Japan after that and the rest of story is known to the world.

Korea claims that Japan plundered Korea of hundreds of tons of gold from 1937-1944. Philipines, Indonesia have all raised claims against Japan for war time gold loot.

Regardless, one American writer had definitely hit a jackpotGold Warriors: America’s Secret Recovery of Yamashita’s Gold (By Sterling Seagrave, Peggy Seagrave). Ian Fleming is supposed to have based his story on the Yamashita chapter of WW2.

Japan’s top underworld crime boss, Taisho (Admiral) Yoshio Kodama, (ranked as an admiral at 34 years) a major figure in the Japanese underworld was in charge of Project “Golden Lilly” – after one of Hirohito’s poems! Objective – looting gangsters in Japanese occupied territories. Supervising the operations was Emperor’s Hirohito’s brother, Prince Chicubi. Management – Japan’s top financial figures.

Subsequently, allegedly, a lot of this gold landed with Ferdinand Marcos; the Filipino dictator. Swiss banks, Macao criminals, American generals and politicians – all involved.

Glen Yeadon, writer of “The Nazi Hydra in America: Suppressed History of a Century” writes how Presscott Bush (grand-father of George Bush), Douglas MacArthur were involved in various launderings, diversions and subterfuge involving Nazi gold and Japanese gold after WW2.

The Melmer Account

After WW2, and fall of Germany, at the Mercker mines, occupying armies found Nazi treasures.

And details of a bank account.

Vladimr Lenin and Joseph Stalin

Vladimr Lenin and Joseph Stalin

The bank account held in the name of Bruno Melmer, a SS captain. Further investigations revealed that this account received various looted material of the German Army – and gold recovered from Jews killed in concentration camps. After due investigations these files were returned to the the concerned German bank. In 1975, a journalist Peter Bild discovered that all these files had disappeared.

So had the gold.

Spain and Gold

For nearly 10 years, the Spanish Civil War raged – a proxy war between the Germans and Russians. The target, Spanish gold. In the see-saw of the civil war, entire Spanish gold disappeared – between the maws of the French and the Russians. Reputedly, Stalin boasted that Spain will never see their gold again.

I am sure the ghost of Incas were at peace after 400 years.

Hitler-Pavelic meeting

Hitler-Pavelic meeting

Ustashi Gold

During WW2, after Hitler’s sweep across the Balkans, a Nazi puppet government of Ante (Anton) Pavelic, headed the “Catholic State of Croatia.” Archbishop A. Stepanic established a Croat Separatist Movement and seized power with Ante Pavelic. The Pavelic regime supported “Clerical Fascism” – a mix of Catholic religion, Anti-Semitism and authoritarian politics. Mussolini’s Italy and Nazi Germany’s “Ausland” department assisted Ante Pavelic and his Catholic terrorists to set up a dictatorship. Ante Pavelic was declared Poglavnik – or what we better know as Fuhrer.

Under the Ustashi, a reign of terror descended upon Jews, Gypsies and political dissidents. The Ustashi extorted a fortune in gold and other valuables from Jews and Gypsies and thereafter shipped them to work in concentration camps. The Jews have a well-organised lobby, an organisation and a nation which has pursued banks, criminals, countries for recovery of their property.

What happened to the Roma Gypsies (claim they are of Indian descent). Nothing. Sweet nothing at all.

Quantity Of Gold – 2400 kgs atleast.

The Final Accounting

Nazi gold was found by various armies and individuals all over Europe. In Lake Toplitz and in the Thuringien salt mines. Finally,a coordinating agency was set up by Americans for gold recovered by American Armies to account, re-distribute and reconcile claims. The European banking system, especially the Swiss and the Vatican have been subject to various claims, allegations and conspiracy theories.

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