175

do with the reparations clauses. I was the American Commissioner in 

charge of what they called the Economic Section. I was a

__________________________

83 Francois Coty, Tearing Away the Veil, Paris, 1940

109

@insert CHART IX

110

CHART IX

This chart shows the interlocks between the Federal Reserve Bank of 

New York and J.P. Morgan Co., Morgan Guaranty Trust Co., and the 

Rothschild affiliates of Royal Bank of Canada, Sun Life Assurance Co. 

of Canada, Sun Alliance, and London Assurance Group.

____________________________________________________________________

____

member of the Supreme Economic Council in charge of raw metals. 

GRAHAM: Did you sit in the council with the gentlemen who were 

negotiating the treaty? BARUCH: Yes, sir, some of the time. GRAHAM: 

All except the meetings that were participated in by the Five? (The 

Five being the leaders of the five allied nations). BARUCH: And 

frequently those also."

Paul Warburg accompanied Wilson on the American Commission to 

Negotiate Peace as his chief financial advisor. He was pleasantly 

surprised to find at the head of the German delegation his brother, 

Max Warburg, who brought along Carl Melchior, also of M.M. Warburg