ers of the Council indicates something very significant about the
Council's objectives. The ultimate aim of the Council on Foreign
Relations (however well-intentioned its prominent and powerful members
may be) is the same as the ultimate aim of international communism: to
create a one-world socialist system and make the United States an
official part of it.

Some indication of the influence of CFR members can be found in the
boasts of their best friends. Consider the remarkable case of the
nomination and confirmation of Julius C. Holmes as United States
Ambassador to Iran. Holmes was one of the CFR members who served as
United States delegates to the United Nations founding conference at San
Francisco in 1945.

Mr. Holmes has had many important jobs in the State Department since
1925; but from 1945 to 1948, he was out of government service.

During that early postwar period, the United States government had
approximately 390 Merchant Marine oil tankers (built and used during
World War II) which had become surplus.

A law of Congress prohibited the government from selling the surplus
vessels to foreign-owned or foreign-controlled companies, and prohibited
any American company from purchasing them for resale to foreigners.

The purpose of the law was to guarantee that oil tankers (vital in times
of war) would remain under the control of the United States government.

Julius Holmes conceived the idea of making a quick profit by buying and
selling some of the surplus tankers.

Holmes was closely associated with Edward Stettinius, former Secretary
of State, and with two of Stettinius' principal advisers: Joe Casey, a
former U.S. Congressman; and Stanley Klein, a New York financier.

In August, 1947, this group formed a corporation (and ultimately formed
others) to buy surplus oil tankers from the government. The legal and
technical maneuvering which followed is complex and shady, but it has
all been revealed and reported by congressional committees.

Holmes and his associates managed to buy eight oil tankers from the U.S.
government and re-sell all of them to foreign interests, in violation of
the intent of the law and of the surplus-disposal program. One of the
eight tankers was ultimately leased to the Soviet Union and used to haul
fuel oil from communist Romania to the Chinese reds during the Korean
war.

By the time he returned to foreign service with the State Department in
September, 1948, Holmes had made fo