Word: krupp
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...shipping to the U.S. to sell at $1,280 to $1,997. The Volkswagen's appearance was the latest example of a new business phenomenon: the growing revival of export trade in both Germany and Japan. Two weeks ago, the South African government ordered 100 steam locomotives from Krupp of Essen, who offered a lower bid and swifter delivery than any one of a score of U.S., British and other competing firms. Rosenthal china and Leica cameras are once again in the world's markets. A British toy manufacturer complained that the Germans are undercutting his prices...
Died. Gustav Krupp von Bohlen und Halbach, 79, owner through both World Wars of the giant Krupp works in Essen, Germany (70% destroyed by Allied bombs during World War II); after long illness; in Salzburg, Austria. Gustav Halbach, born in The Hague, The Netherlands, changed his name when he married Bertha Krupp, heiress to the huge Ruhr steel and ammunition works. In World War I he built the famed long-range German cannon that bombarded Paris (the Allies called it "Big Bertha" after his wife). An early supporter of Hitler, he was indicted as a top war criminal, escaped trial...
From Germany's Landsberg Prison (where his friend Adolf Hitler once wrote Mein Kampf), ex-Gunmaker Alfred Krupp denied a report that he passed the time making toy guns. The fact was that Krupp was using his twelve-year term to resume the trade of his ancestors; he had become a locksmith...
Tungsten Cartel. A federal district court found General Electric, two of its subsidiaries, and three of their officials guilty in an antitrust suit of conspiring with Germany's Krupp between 1927 and 1940 to monopolize world trade in tungsten and other hard metals. G.E., planning an appeal, claimed that "the law applicable to situations of this kind is in a state of utter chaos...
Yacht for Sale. The famed 1,969-ton luxury yacht Nourmahal-built at Germany's Krupp yards for Vincent Astor, turned over to the Coast Guard in 1941 for submarine patrol service-was up for sale to the highest bidder...