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The Vatican Millions :
Safer in America ?
Jeremy Cambell in Washington (Evening
Standard of 29th March 1978)
The VATICAN has shifted nearly five billion dollars out of Italy and into the United States because it has lost confidence in democratic European governments, according to Malacahi Martin, a former priest with sad, wise face of a saint in a stained –glass window.
“The General persecution of the Vatican is that both Capitalism and Communism are totalitarian system with nothing to choose between them in principle” Martin said.
But it believes that the coming power in the world is a form of proletarian revolution embracing Italy, Spain, France, Portugal and Latin America. A lot of bishops are saying that starving babies will not be fed by capitalism and the only thing that will feed them is Socialism”
Martin until 1964 a professor at the Pontifical Bible institute in Rome and a close associate of Pope John XXIII, is touring America to promote his new book. The Final Conclave. In the book he describes in detail the secret meeting in the Papal study on the third floor of the Vatican between the present Pope, Paul VI and the financier Michels Sindona was told to see the Vatican’s controlling interest in the giant multinational company, Societa Geneale Immobilaire.
The Pope’s intention Martin says was to pull out of Italy money markets and switch to American shares and real estate. Disaster after disaster in the Sindon empire cost the Vatican losses which today amount to well over a billion dollars.
But while the Pope privately thinks the U.S is “over the hill” as a world power, he is convinced that in the coming era. America will be the only place left on earth where Vatican investments can survive and proper. Martin cites a Vatican position paper. which predicts that within five years, Western Europe , under the influence of Communism will cease to be in command of its own political and economic destiny. The Church faces the prospect of ‘making a deal” with Marxism while keeping its vast wealth in the last stronghold of capitalism
“Rumours are running wild that Pope Paul will soon resign” Martin said. “The British Government has made official inquires of the Vatican about these rumours. They are founded on the Pope’s own plan to work for the election of successor, probably a non-Italian European, who will have the support of the Church leadership for an accommodation with the left”.
“Vatican planners have been approached by and are talking to the Russians and the East Europeans. The Russians are very keen on a deal whereby the new Pope will say to Catholics : “You cannot share the Godless aspect of Communism but you can share its economic and political system”.
The next pope, whoever he is, Martin believes will not be a fulltime resident of Rome but will travel constantly.
There is talk of setting up a second Vatican in Quebec, but Martin thinks even this would be too static. “ The Pope of 1980s must peripatetic, a pilgrim, to hold the Church together” he said.
Note by Publisher Vatican admits that Capitalism and Socialism are both totalitarian and both therefore not humane. Then what next Islam alone does proved an alternative Economic system. Mankind will have to recognize the same only day and follow it. As it is divinely ordained system tried in the past and found to be most ideal.
Vatican also makes compromises with Communism for its survival, as it has been making compromises under the Capitalistic and so called Democratic system permitting homosexual clergies to preach in churches. Also permitting dancing and drinking within church premises to attract worshippers. Islam knows no such compromises and does not recognize any man-made adjustments of God’s laws.
(ICRA)