August 16-19, 2001
volume 12, no. 143

Behind the Vault

The Pope's Banks in America, the Giannini Family, and the American CIA

Part One

    The Holy See has had at least three banks in America.

    What later was called the Continental Bank of Chicago, was founded in Chicago under different names prior to the American Civil War. About the same time as the setting up in 1857 of the Chicago Board of Trade with which the Continental became interwoven. Their transactions were so incestuous,,, how could one tell one from another? Early in its highly corrupt history, the Board of Trade was [and some say, still is] such a gambling hell, that Western Union Telegraph once cut off its wire there, refusing them services.

    From early on, the Bank as well as the Board of Trade were supervised by the British and French Rothschilds, jointly with the Pope and the Papal States. And from early on, representatives of both the Vatican and the British monarchy sat on the Board of Continental. Few understand enough about all this to easily conceive of the Pope and the Queeen, together. In the public mind, at best, these are forces of friction.

    Traditionally, members of the CBOT were those of the Irish Catholic and some few of the Jewish aristocracy, not your everyday ethnic and religious folk. As strange as it may seem to ousiders, this raucous gang was fully acceptable to and allowed themselves to be supervised by the representatives of the British royal house together with the Vatican.

    From the onset, the Rothschilds were instrumental in the grain trading. To those who know a lot about the bloody conflict, called the Civil War in the North and the War Between the States in the South, President Abraham Lincoln's proposed post-war policies were bound to cause problems. The 16th President proposed to bind up the wounds of the Nation and not to be further destructive of the rebellious, now vanquished South. That policy would have permitted the South to - as quickly as possible - resume production of commodities, such as cotton. But, the Rothschilds, however, had in place speculations, in Chicago and New York, by which they would greatly profit if production would NOT soon resume and cotton prices were high or went higher.

    The largest importer of U.S. cotton had been England for monopolistic textile production. And some contend the Civil War was fomented by Great Britain itching to take back the American continent as a British puppet colony,having failed to do so by the War of 1812. States' rights and the slavery issues, some say, were simply a gut-wrenching financial and emotional excuse to smash up the united federal republic.

    Secretly involved in the Rothschild speculations to profit from high prices, post-war, were key members of the U.S. Congress. As part of this cabal, the head of what is now called the U.S. Secret Service, Lafayette C. Baker, plotted to create a security vacuum [like later in Dallas, 1963]. at some event where a convenient Southern assassin would be permitted to blow out the brains of Lincoln, the party-spoiler [or John F. Kennedy, who stepped in the face of the Oil Cartel].

    To set an example, understood by some, Lincoln was assasssinated on highly Catholic religious Good Friday, a few days after the War ended. A key assassination player fled, and took up refuge in the Vatican. Rothschild agent, August Belmont, and his conspiratorial ring, their speculative positions secured, prospered greatly. Lincoln's surviving son Todd somehow fell in with his father's financial enemies. Very late in life, Todd said as to the papers he had assembled, that if the papers had been known, and revealed earlier, press and railroad owners, those who claimed to be Lincoln's friends, would all have been hung, for they plotted the President's demise. The documents showed how the Continental Bank had handled the finances for the political assassination of Abraham Lincoln. Todd reportedly burned the documents. [Not all of them.]

    Amidst the growing bank collapses of the Great Depression, in 1931, the Federal Government through a massive loan, bailed out failing Continental Bank. This was also about the time that Italian strongman Benito Mussolini bailed out the money-starved Vatican. The events, to some, are related. Thereafter, beholden to the central government, Continental became a convenient link to espionage. Continental allowed its facilities to be used to disguise government paid provocateurs and con-men used to manipulate public opinion. [Resulting in a little known federal court case against Continental in the 1970s. We have the file.

    In 1984, again sinking, Continental had some some of its principal owners jump ship about six weeks before its plight become more known. As major owners of its parent holding company, the Vatican and the Queen of England sold THEIR shares before the market price went to almost zero. [I was the first to publicly correctly estimate the run on Continental as 20 billion dollars of flight capital.] A major owner of the bank itself, Walter J. Cummings, Jr., prevented hungry litigators from deluging the federal courts with damage suits against the Bank. Cummings was Chief Judge of the U.S. Court of Appeals in Chicago, one step below the U.S. Supreme Court. The high court in Washington hearing very few cases, Cummings' Court was, in effect, the end of the line for most federal litigation from Illinois, Indiana, and Wisconsin, the 7th Federal Circuit. Off the record, Chief Judge Cummings threatened reprisals against lawyers if they brought a flood of damage suits against his Bank.

    After all, Judge Cummings was a "man of trust" for the Vatican, safeguarding their interests in his Bank and in his Court. He did NOT disqualify in related litigation. Guess who won in his crooked Court?

    Another financial enterprise of the Pope in the U.S. is Bank of America. They have done a fairly good job to conceal the Vatican ownership. They paid for a puff piece book, called, "Biography of A Bank- The Story of Bank of America N.T. and S.A." by Marquis James and Bessie Rowland James. Published 1954 by Harper & Brothers, and more or less the standard reference work on the bank's history.

    They would have you believe that Bank of America National Trust and Savings Association was at the time of the book "the largest bank in the world". Bank mergers now occurring so rapidly, it is hard to say which is NOW the world's largest Bank. They would further have you believe that this money ship, up to 1930 called Bank of Italy, was founded by Amadeo Peter Giannini. And that the Bank was able to spread out all over the world because Giannini was so nice in helping people following the 1906 earthquake in San Francisco. They were kept out of being a New York money center bank by the agent and front for the British Monarchy, J.P.Morgan & Company.

Sherman H. Skolnick

Next Issue: Part Two

August 16-19, 2001
volume 12, no. 143
Return to Current Issue