Quote:He said that this cannot be right because these people said at the meeting with him that they were still effectively on the gold standard from back in the 1920s and that their entire currency holdings throughout the world, which were very large, were backed by bullion. My noble friend Lord Strathclyde came back and said to me that he had an analyst working on it and that this had to be stuff and nonsense.

Linda Minor Wrote:I find it fascinating, of course, that Lord Sassoon seems involved in the matter.

http://www.politics.ie/united-kingdom/141851-gold-bullion-foundation-x-ira-money-top-six-people-world.html

The sassoon family
David Sassoon was born in Baghdad, Iran in 1792. His father, Saleh Sassoon, was a wealthy banker and the treasurer to Ahmet Pasha, the governor of Baghdad. (Thus making him the "court Jew" - a highly influential position.) In 1829 Ahmet was overthrown due to corruption and the Sassoon family fled to Bombay, India. This was the strategic trade route to interior India and the gateway to the Far East. In a brief time the British government granted Sassoon "monopoly rights" to all manufacture of cotton goods, silk and most important of all - Opium - then the most addictive drug in the world!

The Jewish Encyclopedia of 1905, states that Sassoon expanded his opium trade into China and Japan. He placed his eight sons in charge of the various major opium exchanges in China. According to the 1944 Jewish Encyclopedia: "He employed only Jews in his business, and wherever he sent them he built synagogues and schools for them. He imported whole families of fellow Jews. . . and put them to work."

Sassoon's sons were busy pushing this mind-destroying drug in Canton, China. Between 1830 - 1831 they trafficked 18,956 chests of opium earning millions of dollars. Part of the profits went to Queen Victoria and the British government. In the year 1836 the trade increased to over 30,000 chests and drug addiction in coastal cities became endemic.

In 1839, the Manchu Emperor ordered that it be stopped. He named the Commissioner of Canton, Lin Tse-hsu, to lead a campaign against opium. Lin seized 2,000 chests of Sassoon opium and threw it into the river. An outraged David Sassoon demanded that Great Britain retaliate.

Peter Lemkin Wrote:Calling D.G.! Could 'Foundation X' be a country; or a non-company/foundation entity - even not bounded by the normal notion of existing within the structure of any state?

Quote:Crown Agents -- The Queen's Managers

by Dean Andromidas
Printed in The Executive Intelligence Review, August 22, 1997.

Crown Agents, officially known as Crown Agents for Overseas Governments and Administration, occupies a non-descript office block in Surrey, in the suburbs of London. According to its literature, Crown Agents is a not-for-profit, private corporation, which carries out mundane logistical and administrative sub-contract work for the British Overseas Development Administration, and various development agencies and foreign governments. This is typical British understatement--i.e., strategic deception.

Crown Agents is exactly what its name implies, an agent of Her Majesty the Queen. It was founded in 1833 as Crown Agents for the Colonies, and historically played a vital role in the creation and management of what British historians call the Third Empire. [1] While Lord Palmerston, Cecil Rhodes, Prince Edward Albert (``The Prince of the Isles''), and Lord Milner were providing the geopolitical theory and ideology to justify Britain's global empire, Crown Agents ran the day-to-day affairs. Crown Agents printed the stamps and banknotes of the colonies; provided technical, engineering, and financial services; served as private bankers to the colonial monetary authorities, government officials, and heads of state; served as arms procurers, quartermasters, and paymasters for the colonial armies. In effect, Crown Agents administered the British Empire, which at one point in the nineteenth century, encompassed over 300 colonies and nominally "independent countries'' allied to the British Crown.

According to its charter, Crown Agents is an "Emination of the Crown.'' This gives Crown Agents a status close to the monarchy, yet outside the official government structures of the United Kingdom. Through much of its existence, it was overseen by the Colonial Secretary and, later, in the so-called post-colonial era, by the Minister of Overseas Development. Although not formally a department of the government, Crown Agents' entire debt was guaranteed by the Exchequer.

In 1996, as the British were in the process of unleashing the dogs of war in Africa, as the cutting edge of its final assault against the nation-state system worldwide, Crown Agents was "privatized,'' under the new name, Crown Agents for Overseas Government and Administrations Ltd., with its own board of directors and management. In turn, Crown Agents functions as a holding company for dozens of operating companies and joint ventures. Its shares are held in trust by the Crown Agents Foundation, which is presided over by a board of directors and councillors, bringing together an impressive collection of governmental and non-governmental organizations, corporations, banking and business organizations, and so on (see article which follows)--all from the inner core of the Club of the Isles and the formal Crown apparatus.

Providing functions in "difficult areas"
According to its 1996 annual report, Crown Agents' numerous subsidiaries still carry out the same wide array of governmental functions, from printing postage stamps and bank notes, to running worldwide commercial shipping and air freight operations, to procuring arms and other logistical supplies. Crown Agents, according to spokesmen, specializes in providing these functions in "difficult areas.''

And, indeed they do. Today, Crown Agents functions as "agents'' for over 150 foreign governments and organizations, which they refer to as "principals.'' In some instances, they manage vast real estate and financial portfolios, specializing in offshore banking "services.'' According to its recent public statements, Crown Agents manages over $3 billion worth of projects. Its asset management business alone, has a portfolio valued at over $1 billion.

Typical of Crown Agent's current "discreet'' operation are the following:

* It manages the entire customs service for the government of Mozambique;

* Through its chairmanship of a quasi-public entity called Europe SA, it is in charge of all economic reconstruction procurement for Bosnia;

* Through a joint venture with a Monaco-based company called ES-KO, Crown Agents provides all of the food for United Nations peacekeepers in Angola and Bosnia. ES-KO also provides logistical services to private petroleum and mining companies in such ``difficult'' areas as Algeria and Colombia, and manages the privatization of the state sector of Ghana.

Her Majesty's Murder, Inc.
By now, it may have dawned on some readers that Crown Agents' range of "services''--arms procurement, border controls, offshore banking--also nicely fit the "administrative requirements'' of the world's organized crime cartels.

In fact, a careful review of some of the more sordid aspects of the recent history of Crown Agents, suggests that the firm has been at the center of the British Crown's highly sensitive patronage of global organized crime--what EIR long ago dubbed Dope, Inc.

Crown Agents' extensive links to international organized crime surfaced in the mid-1970s, when the firm's over-extended real estate portfolio, particularly its London real estate investments, blew sky high. At the time that the London commercial real estate market collapsed, Crown Agents was managing a portfolio of assets, loans, and other financial paper, totalling more than £4 billion. Despite the fact that Crown Agents held no banking charter, it owned a string of banks all over the world, including some unsavory outfits in some of the most notorious hot-money havens of the Commonwealth.

Much of the capital through which Crown Agents built up its real estate portfolio came from Third World governments, which made the unfortunate mistake of placing their trust in the Queen's favorite service agency. Crown Agents heavily leveraged its investment capital, building up debts far beyond its resources. When the 1973 oil shock hit, and the real estate market was one of the first of the bubbles to pierce, Crown Agents, along with many other institutions that were heavily leveraged in the secondary banking markets, went broke.

The Bank of England stepped in to bail out Crown Agents to the tune of several hundred million pounds--more than a decade before the U.S. government would carry out a similar bailout of the savings and loan institutions, ravaged by similar commercial real estate speculation. The collapse of Crown Agents' real estate portfolio led to three governmental and parliamentary investigations.

The surfacing of a wide criminal conspiracy was averted with the timely death of one of the key witnesses, the director of Crown Agents' money market operations, who purportedly blew his brains out shortly before he was to face trial on charges of corruption. According to news accounts at the time, this fellow, whose signature appeared on many of the most outrageous transactions, happened to be a heavy gambler. He had been a member of Crockfords, an elite gambling club, and two other casinos. He was a fixture at London casinos, often signing £1,000 checks. He had a home in Westminister, one of the most expensive sections of London, a country house, and three cars--all on a middle-level civil servant's salary of £5,OOO a year.
http://american_almanac.tripod.com/agents.htm

• 1 International development company
  
• 2 The Crown Agents Foundation
  
• 3 Industries
  
• 4 History
  
• 5 Comment
  
• 6 References
  
• 7 Sources
  
• 8 External links
  

1. ^ Change of status - Crown Agents becomes a statutory corporation
   
2. ^ Crown Agents Newsletter Managing Debt (World Bank website)
   
3. ^ Customs reform and modernisation in Angola (Kenya Revenue Authority website)
   
4. ^ Introduction to CA's work
   
5. ^ Linking Dar to Durban (This is Africa, FT magazine)
   
6. ^ Our story begins (Crown Agents website)
   
7. ^ First recorded usage of the term 'crown agent' (Crown Agents website)
   
8. ^ The first Joint Agents General for Crown Colonies are appointed (Crown Agents website)
   
9. ^ Reforms lead to recovery and expansion, and a new name (Crown Agents website)
   
10. ^ Crown Agents timeline 1836-1870 (Crown Agents website)
    
11. ^ Another name change… and ‘the Colonies’ disappear (Crown Agents website)
    
12. ^ David Sunderland (2007). Managing British Colonial and Post-Colonial Development: The Crown Agents, 1914-1974.
    
13. ^ The statutory corporation is privatised (Crown Agents website)
    
14. ^ Honesty for Hire (Hoover Institute)
    

• Sunderland, David (2004). Managing the British Empire: The Crown Agents, 1833-1914. Boydell. ISBN 0861932676.
  
• Sunderland, David (2007). Managing British Colonial and Post-Colonial Development: The Crown Agents, 1914-1974. Boydell. ISBN 1843833018.
  

• Crown Agents main corporate website
  
• Crown Agents USA website
  

David Guyatt Wrote:And the timing of this affair looks to me to be about the right time when a decision was made to repatriate the ever increasing sums of criminal money back into the official banking system.