Standard Oil financing of the Bolsheviks?

[What Would Durruti Do?]

I heard somewhere that Standard Oil allegedly financed the Bolsheviks because the Czars wouldn't give them access to their oil fields but I don't remember where.

Is there any truth to this?

[Dave B]

I think there is quite a bit of ‘international Jewish communist’ conspiracy stuff swirling around about ‘Jewish’ bankers supporting the Bolsheviks.
Although didn’t think standard oil was ‘jewish’.

Having said that there may have been a bit of support of the Bolsheviks by standard oil after they were in control for pure financial gain and squeezing out rivals.
I don’t know how reliable the following is as I haven’t checked it out.

http://yamaguchy.netfirms.com/7897401/allen/nonedare_06.html (http://yamaguchy.netfirms.com/7897401/allen/nonedare_06.html)

As with the following;

http://www.cooperativeindividualism.org/aier_on_conspiracy_05.html (http://www.cooperativeindividualism.org/aier_on_conspiracy_05.html)

It wouldn’t be unusual for any ‘capitalist state’ to throw a bit of cash at some awkward squad in a rival states sphere of influence just to make things difficult for them. Eg the American’s and the mujahadeen in Afghanistan in the 1980’s and the so called Afghan trap.



Q: When the Soviets justified their intervention by asserting that they intended to fight against a secret involvement of the United States in Afghanistan, people didn't believe them. However, there was a basis of truth. You don't regret anything today?

B: Regret what? That secret operation was an excellent idea. It had the effect of drawing the Russians into the Afghan trap and you want me to regret it? The day that the Soviets officially crossed the border, I wrote to President Carter. We now have the opportunity of giving to the USSR its Vietnam war. Indeed, for almost 10 years, Moscow had to carry on a war unsupportable by the government, a conflict that brought about the demoralization and finally the breakup of the Soviet empire.


http://www.globalresearch.ca/articles/BRZ110A.html (http://www.globalresearch.ca/articles/BRZ110A.html)


However I doubt it as the Bolsheviks were always stretched for money and grubbing around for a bit cash including doing bank jobs.

[Dave B]

I think lenin did discuss Rockerfeller, Standard oil, Rothschilds and banking interests as part of his notes for his ‘Imperialism, the Highest Stage of Capitalism’ , presumably sometime in 1916.

I seem to remember that is was fairly interesting but not in a sensational way.

[What Would Durruti Do?]

I think lenin did discuss Rockerfeller, Standard oil, Rothschilds and banking interests as part of his notes for his ‘Imperialism, the Highest Stage of Capitalism’ , presumably sometime in 1916.

I seem to remember that is was fairly interesting but not in a sensational way.

is it just in the notes? if so, is there anywhere i can view them that you know of?

[Dave B]

I hope you appreciate my from each according to ability to each according to need voluntary labour,;

http://www.marxists.org/archive/lenin/works/1916/ni-beta/jeidels.htm (http://www.marxists.org/archive/lenin/works/1916/ni-beta/jeidels.htm)

http://www.marxists.org/archive/lenin/works/1916/ni-beta/diebank2.htm (http://www.marxists.org/archive/lenin/works/1916/ni-beta/diebank2.htm)

http://www.marxists.org/archive/lenin/works/1916/ni-iota/liefmann.htm (http://www.marxists.org/archive/lenin/works/1916/ni-iota/liefmann.htm)

and;



At times cartels and trusts concentrate in their hands seven- or eight-tenths of the total output of a given branch of industry. The Rhine-Westphalian Coal Syndicate, at its foundation in 1893, concentrated 86.7 per cent of the total coal output of the area, and in 1910 it already concentrated 95.4 per cent.[8] (http://www.revleft.com/vb/newreply.php?do=newreply&noquote=1&p=1598130#fwV22P203F01) The monopoly so created assures enormous profits, and leads to the formation of technical production units of formidable magnitude. The famous Standard Oil Company in the United States was founded in 1900: "It has an authorised capital of $150,000,000. It issued $100,000,000 common and $106,000,000 preferred stock. From 1900 to 1907 the following dividends were paid on the latter: 48, 48, 45, 44, 36, 40, 40, 40 per cent in the respective years, i.e., in all, $367,000,000. From 1882 to 1907, out of total net profits amounting to $889,000,000, $606,000,000 were distributed in dividends, and the rest went to reserve capital.[9] (http://www.revleft.com/vb/newreply.php?do=newreply&noquote=1&p=1598130#fwV22P203F02) "In 1907 the various works of the United States Steel Corporation employed no less than 210,180 people.
The largest enterprise in the German mining industry, Gelsenkirchener Bergwerksgesellschaft, in 1908 had a staff of 46,048 workers and office employees."[10] (http://www.revleft.com/vb/newreply.php?do=newreply&noquote=1&p=1598130#fwV22P203F03) In 1902, the United States Steel Corporation already produced 9,000,000 tons of steel.[11] (http://www.revleft.com/vb/newreply.php?do=newreply&noquote=1&p=1598130#fwV22P203F04) Its output constituted in 1901, 66.3 per cent, and in 1908, 56.1 per cent of the total output of steel in the United States.[12] (http://www.revleft.com/vb/newreply.php?do=newreply&noquote=1&p=1598130#fwV22P203F05) The output of ore was 43.9 per cent and 46.3 per cent, respectively.



http://www.marxists.org/archive/lenin/works/1916/imp-hsc/ch01.htm (http://www.marxists.org/archive/lenin/works/1916/imp-hsc/ch01.htm)

I thought my bit about Bolsheviks robbing banks was more interesting