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note: anon linked this to the british archive pdf link which has been nuked - the names match with the libruary archives and with the b.i.s home page history section.
Did any anon remember to download the archives, all anon has is a few screenshots.
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The real purpose of the BIS was detailed in its statutes: to “promote the cooperation of central
banks and to provide additional facilities for international financial operations.” It was the
culmination of the central bankers’ decades-old dream, to have their own bank—powerful,
independent, and free from interfering politicians and nosy reporters. Most felicitous of all, the BIS
was self-financing and would be in perpetuity. Its clients were its own founders and shareholders—
the central banks. During the 1930s, the BIS was the central meeting place for a cabal of central
bankers, dominated by Norman and Schacht. This group helped rebuild Germany. The New York
Times described Schacht, widely acknowledged as the genius behind the resurgent German economy,
as “The Iron-Willed Pilot of Nazi Finance.”
11 During the war, the BIS became a de-facto arm of the
Reichsbank, accepting looted Nazi gold and carrying out foreign exchange deals for Nazi Germany
The bank’s alliance with Berlin was known in Washington, DC, and London. But the need for the
BIS to keep functioning, to keep the new channels of transnational finance open, was about the only
thing all sides agreed on. Basel was the perfect location, as it is perched on the northern edge of
Switzerland and sits almost on the French and German borders. A few miles away, Nazi and Allied
soldiers were fighting and dying. None of that mattered at the BIS. Board meetings were suspended,
but relations between the BIS staff of the belligerent nations remained cordial, professional, and
productive. Nationalities were irrelevant. The overriding loyalty was to international finance. The
president, Thomas McKittrick, was an American. Roger Auboin, the general manager, was French.
Paul Hechler, the assistant general manager, was a member of the Nazi party and signed his
correspondence “Heil Hitler.” Rafaelle Pilotti, the secretary general, was Italian. Per Jacobssen, the
bank’s influential economic adviser, was Swedish. His and Pilotti’s deputies were British.