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...nominal sum," said one Briton) to equip and help train a new French Air Force. The U.S., pressing for economic unity in Germany, suspended reparations shipments from its zone. The British did not immediately follow suit, but the betting was that ten war plants (including part of the Krupp works at Essen), ready to be shipped to Russia, would not be moved...

Author: /time Magazine | Title: International: Bristling | 6/10/1946 | See Source »

Herr Gustav Krupp von Bohlen und Halbach, 75, head of Germany's notorious munitions dynasty, was too old and too sick to go on trial with the other indicted war criminals at Nürnberg. But Chief U.S. Prosecutor Robert Houghwout Jackson wanted a live Krupp in the dock. He had an idea: why not substitute 38-year-old Alfried Krupp for his ailing father? After all, all the Krupps were in the same boat. The Russians and French agreed; Jackson asked for a delay to write the new name into the old indictment. The International War Crimes Tribunal...

Author: /time Magazine | Title: WAR CRIMES: West of the Pecos | 11/26/1945 | See Source »

...electrical cartel managed to manipulate the radio-tube business in such a way that "until 1939, Canadian consumers were deprived of low-priced radio sets of a type which had been available in the U.S. for a considerable period." ¶When the U.S. General Electric Co. and the German Krupp interests made an agreement on the sale of cemented tungsten carbide (for machine tools), Canadian importers could buy it only from G.E., which raised the price from $50 a pound to $453. After the U.S. Government indicted G.E. in 1940 (antitrust law violation), the price skidded to $32 a pound...

Author: /time Magazine | Title: Canada: Cartels | 11/19/1945 | See Source »

...list had no glaring omissions, with the possible exception of Field Marshal Alfred Kesselring and Industrialist Fritz von Thyssen. Industrialist Gustav Krupp von Bohlen was there, and so were Militarists Keitel, Jodl, Raeder and Doenitz. There were Financiers Funk and Schacht, ex-Foreign Ministers von Neurath and von Ribbentrop and the cloak-&-dagger diplomat, Franz von Papen; there were names once famous in the Nazi hierarchy -Hess and Streicher, Ley and Rosenberg, and Gauleiter Seyss-Inquart (Netherlands) and von Schirach (Austria). And along with the familiar names were others: Sauckel, the slave-herder; Hans Fritzsche, the propagandist; ex-Interior Minister...

Author: /time Magazine | Title: POLICIES & PRINCIPLES: The 24 | 9/10/1945 | See Source »

...Krupps. In addition to these tangible assets German industry has a will to survive, and a wiliness to match. Other testimony presented before the subcommittee disclosed that when defeat became certain the Nazis took three steps, in an effort to insure postwar operation of the Krupp industries: 1) Government control was eliminated, so that Krupp became technically a "private industry"; 2) Nazis were expelled from Krupp personnel; and 3) the Krupps were accused of (but not prosecuted for) defeatist and anti-Nazi sentiments...

Author: /time Magazine | Title: POLICIES & PRINCIPLES: The Uncooked Octopus | 7/9/1945 | See Source »

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