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From the CzechoSlovak seizure Germany will get seven major armament and several aircraft & engine plants. The arms factories consist of the four plants of the Skoda works, a big subterranean plant in Slovakia, the famed Witkowitz plant near Moravská Ostrava, partly owned by the Rothschild banking interests of London, and a government-owned steel works at Kladno which manufactures rifles, revolvers and sabres. Other valuable things produced by Czecho-Slovakia were the air-cooled Tatra and Walter airplane engines. None of the arms factories, however, can be run without substantial imports of raw materials. All told...

Author: /time Magazine | Title: Foreign News: Loot | 3/27/1939 | See Source »

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