To The Kreuger Plan
        

Albert Einstein and Ivar Kreuger.

 

In his untiring work for peace and stability, to support good business, 
it is documented that  Ivar Kreuger, as industrialist, in periods worked together with Aristide Briant (Nobel Peace Price, 1926, The Pan European Plan, 1930),
Charles Dawes (Nobel Peace Price, 1925), Fridtjof Nansen (Nobel Peace Price, 1922),  Jean Monnet (father of the post war Unity of Germany and France), Coudenhove Kalergi (a well known austrian author and pacifist of the thirties), de Monzie (head of The French – Russian Committee).
In his work for peace Ivar Kreuger most certainly met Albert Einstein who in February 1932 held speeches in the USA (St. Barbara, Pasadena etc) proposing a sudden disarmament of all national states and the foundation of a super national peace keeping force.
At exactly the same time Ivar Kreuger met President Hoover in the White House discussing the moratorium for the still democratic Germany, explaining "his" plan for the peaceful European recovery and reconstruction after the devastating First World War. 

The fabulous loan program of Ivar Kreuger, stabilizing the biggest European states, was indeed the financial backbone of the Einstein proposals, but was not at all in the like of Joseph Stalin, who himself, as the de facto soviet dictator, in April 1928 turned down a most generous loan offer from the Kreuger Trust in association with
Lee, Higginson & Co., National City Company, Guaranty Trust of New York, Dillon, Read & Co., Brown Brothers & Co., Clark Dodge & Co., N.M. Rothschild & Sons, Deutsche Bank, Bank of England, Warburg & Co., Mendelssohn & Co., Reichs-Kredit-Gesellschaft, Hope & Co., Schweizerischer Bankverein, Banque de Commerce de Bâle, Pictet & Cie, Société Générale de Belgique– a one billion dollar, low interest loan, the biggest loan offer in history!
Stalin never intended to even discuss the "Tzar Bonds", involved in the loan deal.
But a long row of the leaders of different national states accepted with gratitude the Ivar Kreuger offers and all their conditions. 

Optimists were sure that the Genève Conference, to be held in the summer 1932, could reach practical results in slowing down the arms race in Europe. The Briand-Kellogg pact had been signed even by the Soviets and intelligent people all over the world entertained hope that The Kreuger trust could back up the economical demands for an implementation of it.

But the generous methods of Ivar Kreuger offended the 
unholy alliance that formed across the Atlantic – the alliance of Bolshevistic and Super Capitalistic forces. 
Within Europe an alliance of bankers, in cooperation with militaristic communists and fascists, formed.
On 12 March 1932, the funeral day of Aristide Briand, Ivar Kreuger was found dead in his apartment, opposite Grand Palais, in Paris.

Hours before the world was informed of this, the biggest sale order in Wall Street history came in from Paris. 
At that day, the European Peace were buried too.

The Genève talks never came to affect the militants.

Albert Einstein lived on and had to realize that his work for peace had to focus on the nuclear power and the old philosophy of power - first a total war, maybe then, an eternal peace.

During the twenties Kreuger and Einstein most certainly met, in the company of other peace loving personalities.
Kreuger often arranged meetings in absolute secrecy, outside the limelight, for people representing brilliance and economical power.

There are records of the deeds of Ivar Kreuger to study in archives all over the world and the record of Albert Einstein is good enough.

Together Albert Einstein and Ivar Kreuger were all too strong - at least one of them had to be eliminated. 

Other Nobel Peace Price winners during the twenties: Sir Austen Chamberlain,  Gustav Stresemann, Ferdinand Buisson, Ludwig Quidde and Frank B. Kellogg.

Back home
Hem

To the Kreuger Plan

Page design: © Tomas Brusell / Brusell Art-2002.