Word: truces
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Dates: during 1930-1939
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...German General Electric (A. E. G.) is Carl Friedrich von Siemens, both because German General Electric is his greatest rival and because it has violated his nationalistic feelings by allowing Americans from General Electric to sit upon its board. Yet last week Herr von Siemens apparently neared a truce with German General Electric, allowed U. S. capital to flow into his own company. The truce was taken for granted because of a new $32,000,000 issue of Siemens debentures to be sold in the U. S. It was rumored that about 80% would be bought by General Electric. While...