Word: handelsbank
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Dates: during 1950-1959
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...taken over the newly created Ministry of Economic Stabilization; Colonel Rudy Pirngadie has been assigned to the task of drawing up a new law for future mining and oil exploitation, a matter of vital interest to such firms as U.S. Stanvac and Royal Dutch Shell. In the nationalized Dutch Handelsbank, the new supervisory body consists of an army captain, a police officer and a bank official. When a labor representative from the Red-dominated SOBSI labor federation demanded a seat on the committee, the army officer ordered him from the office...
...dusty U.S. trucks and mounted guard over Dutch ships and port facilities. In the capital itself, workers of the Communist-dominated SOBSI (an all-Indonesia association of trade unions) ejected Dutch officials from the gleaming white colonial buildings that house the Royal Packet Service Co. (K.P.M.) and the Netherlands Handelsbank...