Word: hamburg-american
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...Hamburg-American liner St. Louis sailed away from Cuba last week, returning to Germany with its unwanted freight, 907 Jewish refugees. For four days it had dawdled in the Straits of Florida and the Atlantic while refugee agencies desperately negotiated with the Cuban Government. Off the Florida coast at night its passengers stared long at the lights of Miami. After compelling the St. Louis to leave Havana harbor, President Federico Laredo Bru had offered a temporary haven on the Isle of Pines, pleasure spot and home of the Cuban national penitentiary, provided refugee agencies would post a $500 bond...
Basis of the St. Louis tragedy was a Cuban decree of May 5, requiring authorization from the Departments of State, Labor and the Treasury in addition to visas and landing permits. The Hamburg-American Line, according to the Cubans, was informed of this change in the immigration law before the St. Louis sailed for Havana, but chose to gamble on the chance that once the Jews were planted on Cuba's doorstep, formalities would be waived...
...hard-faced President Federico Laredo Bru had decreed that Cuba required specific permission of the Departments of State, Labor and the Treasury. Rumors spread as Tuesday passed without change, as New York representatives of Jewish relief agencies flew to Havana. The rumors whispered of a longstanding dispute between the Hamburg-American Line and the Cuban Government, of a growth of Cuban anti-Semitism due to the landing of 5,000 refugees in Havana during the past year. Lawyer Loewe slashed his wrists, leaped overboard. Another passenger took poison, was saved when crew members smashed in his stateroom door...
...strikes in the Atlantic, expects no reward for the rescues its ten ships so frequently effect. Last week, as luck would have it, the U. S. Liner American Traveler was just 70 miles off when fire broke out in the hold of the 21,046-ton, U. S.-bound Hamburg-American liner Deutschland 200 miles southeast of Cape Race, Newfoundland. At the Deutschland's SOS the Traveler doubled back, stood by with the Norwegian Europe until the Germans whipped the fire...
Exceptions are $150,000,000 of Dawes and Young Plan bonds, on which interest has been paid in part, and the obligations of a few German corporations, notably Hamburg-American and North German Lloyd issues. The only reason these corporate debts have been honored in full is that spunky U. S. bondholders methodically set out to attach the debtors' property in the U. S., including their ships when they docked. How much money could be squeezed out of Germany if the rest of the bondholders got tough is problematical. Britain's simple threat of appropriating German trade balances...