Word: farben
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Dates: during 1930-1939
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Prince Bernhard zu Lippe-Biesterfeld, at the time his engagement to Crown Princess Juliana was announced (TIME, Sept. 14), was a minor salaried employe of the great German chemical trust I. G. Farben-industrie Aktiengesellschaft, and a Nazi Storm Trooper. As the future Prince Consort of The Netherlands he became a naturalized Dutch subject and swore allegiance to his future mother-in-law Queen Wilhelmina (TIME, Jan. 4). This made no difference to Nazi Party fanatics who insist, "Once a German always a German!" Last week rampant Nazis were whooping against the ex-German and ex-Nazi bridegroom in almost...
...other nations over to their contention that Chile had been asked to bear too great a monetary burden, that there was no reason why Chile's natural nitrates should sell higher than the synthetic product. But unbudgeable was Dr. Hermann Schmitz of Germany's I. G. Farben-industrie (who last week became all Germany's financial mentor-see p. 15). When Dr. Schmitz suddenly revealed that Germany had placed a prohibitive tariff on Chilean nitrates the South American nation withdrew from the cartel. For one more night the other nations wrangled among themselves, then gave up. Competition...
...Germany, in the U. S., until in 1929 Chile provided only 25% of the world production of all forms of nitrates. A new threat loomed at Hopewell, Va., where Allied Chemical & Dye Corp. has built a vast nitrogen fixation plant which might in time outstrip even the I. G. Farben. The industry was overproduced. A long monopoly had been broken; the effects were manifest throughout the entire structure of Chilean economics. Last week, in Paris, form was given to the most recent, most ambitious, of all efforts to remedy this desperate situation. There was projected a $375,000,000 holding...
...belief that the proceeds of these bonds were to be used to foster and finance the development of chemical and allied industries in the U. S. . . . whereas the real purpose and intent was to obtain $30,000,000 from American citizens with which to strengthen the I. G. Farben-industrie Aktiengesellschaft in Germany in competition with and in destruction of the American chemical industry...
...business is done by its three biggest companies: du Pont, Allied Chemical & Dye, Union Carbide & Carbon. Excluding du Pont's investment in General Motors, the total assets of these three come to $585,718,000-or nearly twice the size of the Garvan-feared I. G. Farben-industrie...