Mexico | A series of documents discovered during renovations at the Leon Trotsky Museum in Mexico City explicitly prove that Leon Trotsky entertained close ties with Wall Street bankers and investors who wanted to overthrow the Russian Tsarist government at the time.
The series of documents which include a total of 36 letters and correspondences between Trotsky and high-end financiers and New York bankers had lay hidden in a metal coffer which construction workers found in-between walls recently weakened by a leaking roof.
The documents were found on the property of the Leon Trotsky Museum, which is also the house in which Trotsky lived with his wife from 1939 to 1940, and where the Russian dissident was murdered. Some experts believe Trotsky hid the private documents anticipating his own murder by Stalinist agents in 1940.
The documents which are to be analyzed further by a team of historians at the University of Mexico have already partly been published in major Mexican newspapers and tend to confirm what for decades were believed to be conspiracy theories linking the rise of the Bolshevik revolution and overthrow of the Russian Tsarist regime to Wall Street bankers and investors.
A recurring name in the correspondences is that of Jacob Schiff, a prosperous Wall Street financier and head of the New York investment firm Kuhn, Loeb and Company.
The successful business man is also known to have played a historical role in the Russo-Japanese war of 1904-1905 in which the firm enabled large war loans to Japan.
The correspondence between Trotsky and Schiff assert previously unfounded claims that Schiff personally financed Trotsky’s trip from New York to Russia, took care of his expenses whilst in New York and even provided him with a chauffeured limousine.
Trotsky also mentions in his correspondence with Schiff of a “large loan” in the “millions of roubles” to be repaid after the overthrow of the Tsar.
In the February 3, 1949 issue of the New York Journal-American, Schiff’s grandson, John, was quoted by columnist Cholly Knickerbocker as saying that his grandfather had given an estimated $20 million for the triumph of Communism in Russia, a claim that can now be corroborated by these recent findings.