William Boyce Thompson and the Alleged $1 Million for the Bolsheviks
1 min About Russia
1 min About Russia
Was there any American involvement in that period between 1917 and 1918 when Bolshevism was just beginning to get a foothold in Russia?
Yes, there were several, uh, incidents. The most important is one involving Colonel, uh, William Boyce Thompson, who was the largest shareholder in the Chase Bank, which of course today is Chase Manhattan Bank.
And, um, I published in one of my books a, uh, a copy of a cablegram which transferred funds from New York to Petrograd in December 1917, $1 million to be precise.
And, uh, Colonel Thompson made the statement later that this $1 million was given to the Bolsheviks, uh, to, to consolidate.
They, they had just begun to take over Russia.
They only controlled Moscow and Petrograd at that time, to aid the, um, the control that the Bolsheviks were extending in Russia.
This is a very clear case, $1 million American funds transferred through an American Wall Street intermediary to the Bolsheviks.
And didn't you publish that, uh, document here in Wall Street and the Rise of Bolshevism?
I published two, uh, two statements. One is a copy of the cablegram, and the other is a copy of the news clip of the statement made by Colonel Thompson at that time
End of transcript · 210 words
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