Word: farben
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...reporters moved out over the Saxony plains to a great cluster of tall smokestacks marking the Buna plant built by I. G. Farben in 1936 to supply the Wehrmacht's synthetic rubber tires. The plant manager told them that while there had been 11,000 workers at the end of the war, there were now 9,000, producing 1,500 tons of rubber monthly, about 60% of the peak of war production...
...Merica. The charges: 1) conspiracy to prevent competition in the nickel industry, 2) fixing prices, 3) making cartel agreements with I. G. Farbenindustrie, A. G. and two French companies to prevent competition and peg prices in the world market. Said Justice: Inco had so increased its nickel shipments to Farben in 1937 that Germany had built up a stockpile of Canadian-mined nickel for the German war machine. (Nickel is used to make armor plate...
...Farbenindustrie in its zone. Some plants of the globe-girdling cartel were actually destroyed. But others kept right on making civilian products. To Germans, remembering the resurrection of German big business after World War I, all this was hopeful. With few consumer goods available, they began buying Farben stock on the Munich and Frankfurt exchanges. In three months it high-tailed up from 68% of par to 141½, and then dropped back...
Last week the American Military Government banned all trading in I. G. securities, set a harsh penalty of $10,000 fine and/or five years' imprisonment for any violation. Said one U.S. official: "The Germans are betting that Farben will come back. We are going to prove...
...Farben be kept from thrusting a controlling hand again into many a company in the U.S., as well as competing with U.S. firms all over the world? Answered Colonel Bernstein: only by ruthlessly breaking up all of German industry, as the Potsdam Declaration specifies...