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...time of the World War the German steel cartel, or Stahlwerksverband, which included the Krupp armament works, was practically coterminous with the entire German steel industry. Fettered at home, competition was directed outward, against the industries of other nations; and throughout Germany the professors were quarreling over the concepts of State Socialism and State Capitalism, and wondering which was which. Meanwhile the Kaiser and court were fearful that the Socialists in the Reichstag (the Social Democratic Party had 112 seats out of 397 in 1912) might forget their "revisionist" doctrines and adopt the naked class war propounded by Karl Marx...

Author: /time Magazine | Title: GERMANY: Wehrwirtschaft | 5/22/1939 | See Source »

BLOOD AND STEEL: THE RISE OF THE HOUSE OF KRUPP-Bernhard Menne- Furman...

Author: /time Magazine | Title: Books: Mighty Family | 8/15/1938 | See Source »

...17th Century there was a Krupp in Essen who made a neat parcel of money by selling small arms to the opposing armies in the Thirty Years' War. For two centuries Krupps were modest grocers, moneylenders and ironmasters. Then Prussia placed an order for solid shot with Friedrich Krupp's ironworks and they began to make money in a big way. Since then, war by war, Krupps have grown richer. It is the weary conclusion of German Exile Bernhard Menne, whose biography of the Krupp family was published in the U. S. last week, that there will...

Author: /time Magazine | Title: Books: Mighty Family | 8/15/1938 | See Source »

...Alfred Krupp was the particular protégé of Bismarck and Wilhelm I. The Franco-Prussian War advertised his products and the Krupp firm became the greatest manufacturer of armaments in the world. Alfred Krupp retired to his castle in the Ruhr Valley in quivering hypochondria, went to bed in a room overlooking the stables, for he was always stimulated by the smell of horses. His son Fritz, while the German Navy grew like a house afire and the family firm got most of the armor plate orders, went to Capri, founded a mock religious order with gold insignia...

Author: /time Magazine | Title: Books: Mighty Family | 8/15/1938 | See Source »

...Krupp cannon, as a delicate compliment to her, were called Big Berthas.) The Kaiser permitted her husband to change his name to Krupp von Bohlen und Halbach "to ensure at least an appearance of continuity of the Essen dynasty." Krupp von Bohlen built model huts for his workers but he was always "master in his own house"-meaning that he permitted no unions. Between 1914 and 1918 Krupp's profits were magnificent. But when the Kaiser came to address Krupp employes in the last days of the War and cried, "We will fight and hold out to the last...

Author: /time Magazine | Title: Books: Mighty Family | 8/15/1938 | See Source »

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