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Meanwhile it came out that while yachting off Nassau last month, Swedish Axel Wenner-Gren received a cable from Field Marshal Hermann Goring telling him to come home and mediate the Russo-Finnish peace. He sailed to Italy on board the same boat as U. S. Under Secretary of State Sumner Welles, proceeded to Berlin at about the same time. Having made mints from vacuum cleaners and refrigerators, Axel Wenner-Gren is influential in money markets, but his only experience in international crises was accidental-while cruising in his huge Southern Cross he came on the sinking Athenia and rescued...

Author: /time Magazine | Title: INTERNATIONAL: War and Peace | 3/18/1940 | See Source »

Electrolux Tycoon Axel Wenner-Gren, whose yacht Southern Cross rescued 399 Athenians (TIME, Sept. 11), added to the picture in his story for a Swedish newspaper: "The rooms, hallways and decks were crowded with hundreds of half-naked people. Many had been lying in bed, seasick . . . had to rush out on deck undressed. Many of the survivors were drenched with oil from the Athenians oil tanks which were shattered by the explosion...

Author: /time Magazine | Title: AT SEA: Angry Athenians | 9/18/1939 | See Source »

Tycoon Axel Leonard Wenner-Gren, 58, a tall, vigorous, pink-cheeked extrovert who speaks a dozen languages, is called "Rockefeller of Sweden" because he gave $7,500,000 for a research institute, $100,000 for antiaircraft batteries to defend Stockholm. The Bofors Co., which makes antiaircraft guns, is largely his. So is most of worldwide Electrolux Co. (refrigerators, vacuum cleaners). His lady is from Kansas City, Marguerite Liggett, who studied opera singing in Berlin. His yacht, the Southern Cross, is one of the world's largest, was once owned by Flier Howard Hughes...

Author: /time Magazine | Title: World War: Atrocity No. I | 9/11/1939 | See Source »

Furious at Wenner-Gren last week were masses of his countrymen. Swedish newspapers flayed him for buying 50 tons of petrol, of which Sweden suffered a War shortage, and setting out on the Southern Cross for a pleasure cruise in the Atlantic...

Author: /time Magazine | Title: World War: Atrocity No. I | 9/11/1939 | See Source »

...west of the Hebrides, a mortal explosion suddenly rocked and ripped the Athenia's, hull, killed perhaps 100 passengers & crew, started her sinking fast. All hands got safely into lifeboats. One of the first ships to reach the rescue scene was the Southern Cross. Bitterly criticized Tycoon Wenner-Gren became an international hero as he picked up 200 survivors, started back with them toward Ireland. The Norwegian freighter Knute Nelson picked up 800 more. British warboats raced toward the spot where the Athenia was left to sink. World headlines screamed, GERMANS TORPEDO BRITISH LINER...

Author: /time Magazine | Title: World War: Atrocity No. I | 9/11/1939 | See Source »

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