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The Intelligence-Connected Trading Company: World Commerce Corporation

Part 11 of a series reassessing the documentary record behind the 1933 Magenta narrative. TL;DR World Commerce Corporation was a real international trading and development enterprise connected to senior OSS and British intelligence veterans. Press coverage, an FBI file, court opinions and a State Department memorandum establish its activities. State rejected a 1952 proposal linking a WCC steel-mill deal to an American prisoner’s release. Claims that WCC absorbed SOFINDUS assets or served as a...