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...time it was considered that France would be able to make a satisfactory agreement with the German industrial magnates (Herren Stinnes, Thyssen, Klöcckner, Fickler, Rausch, Hubert) for control of factories and mines, and thus secure reparations to cover the cost of reconstruction in the devastated areas. These negotiations, however, fell through principally because Chancellor Stresemann, exercising pressure upon the industrialists, declined to depart from his standpoint that the Ruhr occupation is illegal and that whatever the French have seized from that territory must be placed to the credit of reparations- as there could be no question of paying...

Author: /time Magazine | Title: REPARATIONS: The Week's Vaporings | 11/26/1923 | See Source »

...August Thyssen, an industrialist of the old school, proud and independent, with mines, mills and fac- tories...

Author: /time Magazine | Title: Foreign News: The Industrialists | 5/12/1923 | See Source »

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