The Web : $b The Authorized History of the American Protective LeagueHough, Emerson
History
The Web : $b The Authorized History of the American Protective League
Hough, Emerson
American Protective League; Propaganda, German; World War, 1914-1918 -- Secret service -- United States
When on April 6, 1917, America declared war on Germany, there
was in New York as American representative of the Deutsche Bank
of Berlin, a German by the name of Hugo Schmidt. As the world
now knows, it was the Deutsche Bank which financed the von
Bernstorff-Bolo Pacha plot to debauch France, which formulated a
scheme to corner the wool market of the world, a plot the object
of which was to gain control of the after-the-war trade in South
America, and which, through its agents in this country and South
America, was keeping tab on the political situation in this
hemisphere for the Foreign Office in Berlin. How these plots and
numerous others were planned and how they were to be carried out,
was disclosed in a great mass of documents which will go down in
history as the “Hugo Schmidt Papers.”
Despite the fact that he was one of the first of the Kaiser’s
subjects to be arrested after this country entered the war, and
despite the fact that he knew the all-important nature of the
papers, Schmidt failed to destroy the documents. He acted on the
theory that the United States Government would not take them, and
so he catalogued them and stored them away in his private office
at Broadway and Rector Street, and in his living quarters in the
old German Club in West Fifty-ninth Street.
It was the plotting of Bernstorff and Bolo Pacha, with Adolph
Pavenstedt, the enemy alien banker of New York, acting as a
go-between, that caused the seizure of Schmidt’s papers, with the
unmasking of scores of German political and trade plots, involving
financial backing mounting into the hundreds of millions of
dollars.
The revelations which have followed the seizure of these papers
have filled pages in the newspapers of the United States and the
rest of the world, and yet the story has not yet been half told.
The new chapters in a story, which has been pronounced by Federal
officials among the most interesting of all the disclosures
brought about as a result of the great war, will be issued by
Deputy Attorney General Alfred L. Becker, the man who exposed Bolo.
Public-domain text, read in full here on John Shaqi.
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