Word: hamburg-american
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Last week the German press lifted the well-kept secret of the Hanseatic's financial backers, revealed that the Hamburg-Atlantic Line is 60% owned by Greek Shipper Nicos Vernicos-Eugenides, president of Home Lines, one of the world's biggest transatlantic carriers, and 40% owned by wealthy German Cigarette Maker Philipp F. Reemtsma. Vernicos and Reemtsma put up $2,400,000 of their own money, borrowed the rest from German banks, got the big Hamburg-American Line (which has 41 freighters, one passenger ship) to manage the Hanseatic. In a poll of transatlantic traffic, they discovered...
...Though Hamburg-Atlantic is moving fast on Atlantic sealanes, the wonder boy of German shipping is a handsome, lean, baking-powder scion named Rudolf August Oetker, who started from scratch and now surpasses both Hamburg-American and its fellow giant, North German Lloyd. Taking advantage of the government tax law (which was repealed 3^ years ago), Oetker invested his big baking-powder profits in shipping. Oetker today controls the largest single German merchant fleet in terms of tonnage, consisting of 40 modern freighters and tankers totaling 375,000 tons...
...were only one week's catch; as a Communist courier, Chambers had delivered probably thousands of such documents. The secrets were often transmitted in strips of microfilm concealed between the glass and the backing of dimestore hand mirrors, and carried overseas by Communist couriers. Crew members of the Hamburg-American Line helped out; later, after Hitler came to power, the films were sent via the French Line. From 1935 to 1938, Chambers had two sources in the State Department (so far only Hiss has been named publicly). At one point, four "high sources" in Washington were so productive, Chambers...
...Reich Chancellery (1920) and later Minister of the Treasury, lived down his memorable Merkle. He built up a good law practice with Partner Westrick, representing foreign corporations in the Reich. Among their clients: Ford, General Electric Co. (of Germany), I. T. & T., Harris Forbes, and the semiofficial Hamburg-American Line. Most of the New York banking houses, which floated German bonds during the '205, used Albert and Westrick...
...Hamburg-American liner St. Louis last week duplicated the Bremen's feat of eluding the British blockade, slipping safely down through Norwegian coastal waters into the Baltic and "a home port," from Murmansk. The 8,000-ton Johannlschulte, one of 16 other German refugees at Murmansk, was less lucky. In a blizzard and raging sea somewhere off Trondheim, she lost her propeller, foundered. Her crew of 36 was rescued by the Norwegian Queen Maud...