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Word: thyssens (lookup in dictionary) (lookup stats)
Dates: during 1930-1939
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Usage:

...Vereinigte Stahlwerke, the gigantic German steel trust, was formed. Herr Thyssen headed this organization, which controlled 75% of Germany's iron-ore production and 50% of coal-mine output and which listed among its properties 33,000 acres of mines and factories, a 1,200-mile railway system, 14 private ports, 209 electric power stations, numerous cement factories, and tenements housing 60,000 employes' families. His total number of employes rose to 200,000. Fritz Thyssen's personal share of the property was 26%, valued at some...

Author: /time Magazine | Title: Foreign News: Daddy's End | 12/25/1939 | See Source »

...rising social consciousness of Republican Germany, bringing with it legislation for providing better wages at fewer hours, ate heavily into the Thyssen profits. Depression began, and not only did Herr Thyssen see that the "Socialists are our great enemies," but he also saw the need for an armaments race if his business was to be saved. About that time he became the first big industrialist to believe that a young, up-&-coming agitator named Adolf Hitler was fundamentally safe & sound for Big Business, that the National Socialism which Herr Hitler preached would freeze the status quo, protect the haves from...

Author: /time Magazine | Title: Foreign News: Daddy's End | 12/25/1939 | See Source »

...Herr Thyssen began to preach the Nazi good word among his colleagues. In the 1933 election, in which the Nazis finally won, he contributed some 3,000,000 marks ($1,200,000) toward the Hitler campaign fund. In early January, 1933, at the Cologne home of one of Herr Thyssen's friends, Adolf Hitler had met Franz von Papen, onetime Chancellor, and concluded a political alliance. Old President von Hindenburg, apprised that Papen's Nationalists as well as the big industrialists were behind Hitler, gave in at last and appointed Hitler Chancellor...

Author: /time Magazine | Title: Foreign News: Daddy's End | 12/25/1939 | See Source »

Under Nazi rule Herr Thyssen became economic dictator of heavy industry, member of the Prussian State Council, a Reichstag member, chairman of a dozen boards. He had no more labor troubles on his hands, since the Nazis suppressed the unions. Rearmament brought millions of marks' worth of orders to the steel mills. The Thyssen empire prospered again...

Author: /time Magazine | Title: Foreign News: Daddy's End | 12/25/1939 | See Source »

...complained of being followed, of having his telephone tapped and his mail opened by the Gestapo. A long trip to South America followed, after which matters were patched up for a time. But no one could have been more dismayed or surprised by the Nazi-Communist Pact than Fritz Thyssen, die-hard hater of Socialism. Last summer Herr Thyssen warned the Nazis against going to war. A few weeks after war came, Fritz Thyssen, his number up, slipped over the Swiss border for an "indefinite stay." Last week the final break was made. The Nazis confiscated the vast Thyssen estate...

Author: /time Magazine | Title: Foreign News: Daddy's End | 12/25/1939 | See Source »

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