Churchill’s Dubious Financial Dealings

3 Sep, 2021

A shorter version of this article appeared in the Daily Times on Sep 14, 2021

Winston Churchill has been built into such an icon that any critical examination of his character and role invites the wrath of the upper sections of British society and their supporters. Churchill’s dubious financial dealings were partly responsible for WWII because his financial benefactors were rich Zionist Jews who wanted war with Germany.

Churchill always had a weakness for money and for high living. This was an inherited trait. His father Randolph Churchill was a spoiled playboy who died of syphilis at age 46. Authors Gerry Docherty and Jim Macgregor state that Randolph Churchill’s "debts to Lord Nathaniel Rothschild could be calculated in millions of pounds in today’s money.”  Even as a child Winston had hunger for money. Author David Lough points out that Winston’s mother used to say that in matters of money he was like a sieve. When he was 14 his mother opened an account for him and told him in writing: "The only thing you must avoid on all accounts is not to overdraw money due to you.” She underlined the word "not” but Churchill ignored her advice.

The young Churchill once wrote to his mother, “The only things that worries me in life is money”. From Peshawar he wrote her: “These filthy money matters are the curse of my life and my only worry.”  As a young officer serving in India he was drawing a salary of 10 pounds per month and his mother supplemented this with a pound 500 per annum allowance! He was so afraid of not having enough money that he wrote to her, “We shall finish up stone broke.”

After the discovery of gold in Transvaal, South Africa, war was imposed upon the Boer community by a small clique in the British oligarchy in which the names of Alfred Milner and Nathaniel Rothschild are most important. Rothschild and his clique wanted to get hold of this gold at all costs! Since the 400,000 strong British army could not defeat the 40,000 Boers, their farms were burnt and their women and children were rounded up and put in “camps” in which children died “like flies”. The war lasted three years! Churchill was arrested by the Boers in 1899. Docherty and Macgregor write:

“He used his connections to send a begging letter to Alfred Milner on 24 November asking that he be included in a list of prisoners to be released and said that he had asked his mother to write to him through Milner. He also submitted requests for his release on 26 November and 8 December, and promised `if I am released I will give any parole that I may be required not to serve against the Republican forces.’ On 12 December the Boer commander-in-chief agreed to release him, and some time thereafter Churchill was never again seen in the camp.”

By making up the story of his escape for the Morning Post Churchill netted around 10,000 pounds (equivalent of one million pounds in today’s money)! Truth could be sacrificed in the interest of making money.

In the year 1923 Churchill’s financial improprieties were exposed in court and he was seriously embarrassed. Lord Alfred Douglas told the court that Sir Ernest Cassel had given Churchill 40,000 pounds. Cassel was a Jewish banker of German origin and was the maternal grandfather of Edwina Mountbatten. Cassel had passed away in 1921 and his secretary denied the charge but when the court asked Churchill if he had received any furniture from Cassel he said that Cassel had offered to furnish the library of a small house he had bought in 1905. Because his indebtedness to Cassel had become known, Churchill was hectored in 1922 elections by groups of Socialists chanting “What about the 50,000 quid Cassel gave you?” Churchill lost the election!

Deborah Cohen wrote in The Atlantic:

“After he lost his seat in Parliament in 1922, he engaged in dubious lobbying on behalf of oil companies. He stretched all available loopholes to avoid paying taxes, even (and especially) when he served as chancellor of the Exchequer, the head of Great Britain's Treasury, from 1924 to 1929. And in the end, he made his fortune by taking advantage of papers commandeered from government files to construct his blockbuster memoirs... Some of Churchill's financial bounty came in the unlaundered (or lightly laundered) form of direct gifts and loans”

In 1936 a group called Focus was established after sixteen individuals met at Savoy Hotel in London. David Irving writes:

“Soon after the Nazis seized power, shadowy groups evolved in Britain and America united by the aim of restoring the status quo in Germany. These now severally and jointly approached Mr. Churchill. Their intervention came not a moment too soon for him. By the end of 1935 he had intimidating debts. No amount of writing dismantled his over-draft. It gnawed at his mind and distracted him from his work. He needed all the financial aid he could get. The president of the Anglo-Jewish Association, Lord Montefiore, had begun sending him literature on the plight of German Jews. But it was the Anti-Nazi Council, later known as the Focus, that would ensure Churchill’s political and financial survival.

It has been pointed out by the American author Benton Bradberry that the Focus was composed of “wealthy British Jews” like Sir Walter Mond, owner of several chemical firms, and Sir Robert Cohen MD of Shell Oil. Based on information supplied in Sir Robert Cohen’s biography, American writer Deanna Spingola has pointed out that Churchill received a sum of 50,000 pounds from Sir Cohen. This translates to 3 million pounds in 2015! As a result of this generous bribe Churchill adopted an anti-Hitler stance. He stated in 1936, “We will force Hitler to war whether he wants it or not.” To quote Bradberry:

“Jewish money, primarily through `The Focus’, paid for Churchill's lavish life style, got him into the British cabinet, and eventually made him Prime Minister. From his position as a Member of Parliament and subsequently as member of the cabinet, Churchill, doing the bidding of The Focus, began loudly and belligerently berating Nazi Germany and sternly criticized first Stanley Baldwin's and then Neville Chamberlain's alleged blindness to the threat to Britain posed by Nazi Germany. He began to clamor for war. Both Roosevelt and Churchill became Gentile front men for international Jewry's war on Germany.”

Eugen Spier, one of the organizers of the Focus, sought Churchill’s permission to publish the Focus story. Irving writes: “Churchill pleaded with him not to publish it during his lifetime.” When the Germans overran Czechoslovakia they discovered documents revealing that the Czech government was paying 2000 pounds per annum to Focus members at the time of Munich agreement.

A Jewish banker of Czechoslovak origin named Henry Strakosch bailed out Churchill on at least three occasions. Firstly, in the year 1938, the falling prices of stocks in the NYSE landed Churchill in dire straits. He had to pay taxes and debts totaling 18,000 pounds. He considered selling his house but even that would not garner enough money. Strakosch paid the amount and never told anyone. Churchill then gave a letter to his literary agent Brendan Bracken for Strakosch stating, “I shall never forget this inestimable service.”  18,000 pounds in 1938 would equal 1.08 million pounds in 2015!

When Churchill assumed charge as Prime Minister on May 10, 1940, he could not pay his household bills and taxes. On that date Germany had invaded Holland, Belgium and Luxembourg. Within a week Churchill was informed by the French Prime Minister that not only had France lost, the British army had been encircled by the Germans. Churchill then sent Brendan Bracken to Strakosch for help. Strakosch signed a cheque of 5000 pounds in the name of Brendan Bracken, who simply endorsed it to Churchill. The amount of 5,000 pounds in 1940 is the equivalent of 250,000 pounds in 2015.

Irving writes:

“The South African gold mining industrialist Sir Henry Strakosch started furnishing to him his own data on German raw material imports; Strakosch estimated that Hitler had spent pounds 1,600 million on armaments since July 1933. Authorities like these were hardly reliable or unbiased, but Churchill was heard on the hustings. When the air staff issued a secret memorandum on November 5, 1935 - based, we now know, on its authentic codebreaking sources - stating firmly that the German front line consisted of only 594 planes, Churchill sent an exasperated letter to the Committee on Imperial Defense: "It is hoped", he wrote, "that this figure will not be made public, as it would certainly give rise to misunderstanding and challenge.”

What misunderstanding and what challenge? The false narrative touted by the Zionist warmongers about Germany’s alleged massive rearmament would be exposed and that would be a challenge. Thus Churchill became the mouthpiece or rather megaphone of Zionist war mongers. When Strakosch died in 1943 he bequeathed another 20,000 pounds (equal to 800,000 pounds in 2015) to Churchill. Churchill was indebted to rich Zionist Jews and carried out their agenda by forcing war on Germany even though WWII led to the dismemberment of the British Empire!

The author is an ex Vice Chancellor University of the Punjab. Parts of the articles have been excerpted from his forthcoming book Pawns of the Bankers in WWII: Churchill, Hitler, Roosevelt, Stalin