Word: thalmann
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...dismantled by the Russians, it was rebuilt by the Germans, now makes cameras, binoculars and scientific instruments on a par with the West's. Machines approaching Western standards and below Western prices are coming from the more efficient nationalized factories, among them Magdeburg's Ernst Thalmann Heavy Machine Works, which the East Germans pieced together with infinite patience from scavenged old machinery and parts imported and smuggled from the West. In electronics, former subsidiaries of large West Germany corporations, notably Siemens and AEG, have caught up by copying West German products. Some even improve on Western designs...
Outlanders In. Formed by New York's Ladenburg Thalmann & Co., and Lazard Frères & Co. (Phelps Dodge's Louis Gates, and David Rockefeller, youngest son of John D. Rockefeller Jr., came in later), American Anglo had an option to buy a one-third interest in any projects launched by able Bob Hersov. The Americans had put up $5,000,000, had agreed to ante up more as the need arose...
Last week Wall Street's Ladenburg, Thalmann & Co. and Lazard Freres & Co. announced the formation of the American Anglo-Transvaal Corp., a privately-financed company to promote mining and industry in South Africa. (No stock in the new company will be offered to the public for the time being.) The London firms of Lazard Brothers & Co. and J. Henry Schroder were invited to share in the original $9 million subscription of American Anglo-Transvaal, and accepted...
Died. Dr. Kurt Rosenfeld, 66, "the Clarence Darrow of Germany"; after long illness; in Queens, L.I. A Socialist, onetime Prussian Minister of Justice, longtime Reichstag member, he gained fame for his legal defense of hot-to-handle personalities (Revolutionists Rosa Luxemburg, Ernst Thalmann, Kurt Eisner). He was said to be the only lawyer who ever got Hitler on the witness stand, and on that occasion (a 1932 libel trial) so enraged Adolf that he shouted himself into a fine for unruly behavior. Dr. Rosenfeld escaped from Germany the next year...
Leader of the German Communist Party, Ernst Thalmann, works on a prison farm outside Hanover, is healthy, is still a Communist. On his last birthday he received thousands of letters...