Inter-War Years

Documents from [1911] to [1949]

Identity Statement

HAEU Reference Code
JMDS.A-01
Extent and Medium

n.9 files

Reference Archivists

Carr, Mary

Content and Structure

Abstract

Following his resignation as Assistant Secretary General at the League of nations, Monnet returned to civilian life. Before long he was approached by Blair and Co., a large American Investment Company, who had negotiated French and other loans on the US markets during the war. In 1926 the French Blair & Co. was established and Monnet was appointed Vice-President. It was while working for Blair that Monnet got to meet or renew acquaintances with some of the big movers in Wall Street, such as John McCloy, Donald Swatland and John Foster Dulles. In his role as banker Monnet was the chief negotiator for a Polish loan in 1927 and a Rumanian loan in 1928, whereby he encouraged foreign capital to invest in the development of these countries infrastructures. After the collapse of the Transamerica holding company, in which Monnet was involved, it was Dulles and Robert Brand of the Lazard Freres financial company who brought his way. Monnet was appointed liquidator of the Kreuger match empire on behalf of foreign investors. Then in 1934, Monnet was asked by theFinance Minister of the Chinese National government, T.V. Soong to assist in bringing foreign investment into China. In 1935 Monnet with George Murnane as his partner set up a financial consultancy company M,M&Co. It was John Foster Dulles who provided the financial backing for this company. The significance of the relationship between Monnet and the Hudson Bay Company was built when Monnet's firm, United Vineyard Proprietors Co., Cognac became the sole supplier of Brandy to HBC for distribution in Canada. Later Monnet acted as negotiator in the agreement between the French Government and HBC when the latter became purchasing agent for vital civilian supplies.

Allied Materials

Location of Originals

The originals are held in various Archives in Europe and in the USA

Notes

Notes and Remarks

No Photocopying

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