United Steel Works Corporation
United Steel Works Corporation
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Product Details
CompanyUnited Steel Works Corporation
Certificate Type
Sinking Fund Bond
Date Issued
July 1, 1927 (blue)
June 1, 1926 (green, orange)
Canceled
Yes
Printer
American Bank Note Company
Signatures
Hand signed
Approximate Size
10" (w) by 15" (h)
Images
Show the exact certificate you will receive
Guaranteed Authentic
Yes
Additional Details
NA
Historical Context
In 1926, an associate of Prescott Bush's father, Samuel P. Bush, and “Merchants of Death” board member Clarence Dillon, acquired $70 million dollars from Fritz Thyssen to set up a massive organization named the Vereinigte Stahlwerke (United Steel Works Corporation, or the German Steel Trust). This would become Germany's largest industrial corporation.
Although Thyssen's accounts were run through the Walker-Bush organization and the German Steel Trust did its corporate banking separately through Dillon Read Company, U.S. government investigations revealed that Bush's Nazi-front bank had actually worked directly with Fritz Thyssen’s United Steel Works Corporation which had produced 50.8% of Nazi Germany's pig iron, 41.4% of their universal plate, 36.0% of their heavy plate, 38.5% of their galvanized sheet metal, 45.5% of their pipes and tubes, 22.1% of their wire, and 35.0% of their explosives.
On October 20, 1942, the U.S. government ordered the seizure of all banking operations being carried out by Prescott Bush for the Nazis, under the Trading with the Enemy Act, however by that time he and the other associates at W.A. Harriman & Co. had already made their fortunes financing and arming Adolph Hitler. Under the Trading with the Enemy Act, the government was able to take over Union Banking Corporation, and The U.S. Alien Property Custodian, seized the Union Banking Corporation stock owned by Prescott Bush, E. Roland Harriman, and his associates until the war ended. Prescott Bush eventually sold his holding in Union Banking Corporation for $1,500,000.
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Additional Information
Certificates carry no value on any of today's financial indexes and no transfer of ownership is implied. All items offered are collectible in nature only. So, you can frame them, but you can't cash them in!
All of our pieces are original - we do not sell reproductions. If you ever find out that one of our pieces is not authentic, you may return it for a full refund of the purchase price and any associated shipping charges.
FAQ
Are the certificates offered on your site genuine or reproductions?
All of the certificates you see on our site are genuine pieces, we do not sell any reproductions.Are the certificates you sell negotiable on any of today's stock markets or indexes?
No. All of the pieces we sell are either canceled or obsolete and have collectible value only.
Are the images presented in your product listings of the exact piece I will receive?
It depends. We try to present images of the exact piece you will receive whenever possible. However, when we are offering quantities of a piece, this is impossible. Within every product page we detail whether or not you will be receiving the exact certificate listed, or if the image is a representative example of the one you will receive.
How will you ship my order and how much do you charge?
We ship all orders via the United States Postal Service. Most domestic orders are shipped via Ground Advantage. USPS International, Priority and Express Mail, UPS and DHL services are also available, and costs are calculated during checkout. Current charges may be reviewed here.
Can I return my purchase?
Absolutely. You may return any merchandise, for any reason, within 30 days of the purchase date for a full refund of the purchase price.
We guarantee all of our pieces to be authentic. If you ever determine that a piece is not authentic, it may be returned for a full refund of the purchase price as well as any associated shipping charges.
Shipping
If your order exceeds $35, and the shipping address is within the United States, shipping via USPS Ground Advantage is FREE!
We make every effort to ship out all orders within 24 hours of receipt.
We ship the majority of orders via the USPS, with domestic orders using the Ground Advantage service.
Shipping is calculated during checkout. Upgraded services such as Priority and Express Mail, as well as UPS and DHL options, are also available.
As soon as your order is shipped you will receive your tracking information via email.
OVERSEAS ORDERS PLEASE NOTE THAT WE DECLARE FULL ORDER VALUE ON ALL SHIPMENTS. CUSTOMER IS RESPONSIBLE FOR ALL VAT/CUSTOMS CHARGES.
Returns
Our goal is to make sure every item you receive is exactly what you had in mind. If you not happy with your purchase, we’ll help you get it sorted in a timely and professional manner.
You can return anything we offer for an exchange, refund or store credit within 30 days of delivery. Return shipping costs may apply, and the item must be in its original condition and packaging.
Any shipping charges collected on the original order are not eligible for a refund.