Word: farben
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...conducting a drive along the lines of its Standard Oil action three weeks ago (Time, April 6, et seq.). Gape-jawed Senators were told that General Electric (through its subsidiary Carboloy Co., Inc.) and Remington Arms (Du Pont-controlled) had conspired with German munitions interests (Krupp and I. G. Farben) to monopolize vital war materials, restrict their availability to the U.S. and Britain. Angry Carboloy and Remington officials made the familiar reply: if they had not made a deal to get.the German patents, the U.S. would have entered the war entirely without these vital materials*, not to mention the secret...
...half-interest in Magnesium Development Corp. formerly owned by I. G. Farben. Alcoa, which owns the other half of patent-holding Magnesium Development, fabricator American Magnesium Corp., producer Dow Chemical and American Magnesium are up to their ears in an anti-trust action in which the Justice Department is alleging a plot to limit magnesium production in the U.S. Expected this week was a consent decree, to be signed by all parties...
Standard's ruddy-faced, Texas-drawling President William S. Farish replied for the company: the cartel began when Standard paid I. G. Farben $30,000,000 for patents on a German-invested hydrogenation process. The process, used in Germany to make synthetic oil from coal, was used in the U.S., by Standard and its licensees, to create the world's greatest supply of 100-octane aviation gas. A variation of the same process is now used by Humble Oil in a new plant which makes 30,000,000 gallons of synthetic toluol a year for TNT. The cartel...
When Standard Oil developed a new synthetic rubber called butyl, it turned the process over to I. G. Farben, refused to give it to the U.S. Navy...
...communicate with their ex-employes. The five: Rudolph Hutz, $80,000-a-year vice president & director;Vice Presidents Hans Aickelin and William vom Rath; F. W. von Meister, manager of the Ozalid division; Leopold Eckler, acting manager of Agfa Ansco. Four worked at one time for I. G. Farben (German Dye Trust); all personified, said Treasury men, Aniline's German origins and ambiguous control...