. NMT06-T0439
Volume VI · Page 439
| 2. As to the importance of
the various properties, Reinhart stated that I.¹ was by far the most
valuable item. The coal resources of I. will last almost forever. I.. East pit
is opened in an excellent way. The deliveries to the V.² group are being
made by the E. [Eintracht] mine. The P. group did not participate in I. on
their own volition. On the contrary, it was forced to do it, only after the
former director general assumed friendly relations with Dr. Bue.,³ which
made a change in the majority within the syndicate possible. Only then did he
give orders to buy the shares at any price and acquire the I. shares at a
tremendously high price. The I. property is undoubtedly the most valuable one,
but not the dearest to him. Reinhart remarked that the Leonhard pit is a very
valuable object. 3. The parties agreed that there was no chance for compensating the Petschek group with foreign currency. Reinhart emphasized that if foreign currency could be procured at all, it would never be allotted for such a purpose. It was understood that in case payment were made it would have to be made in Reichsmarks or other German values. In this connection, Mr. Flick indicated that he thought of a partial payment in preferred stock without voting right — these preferred stocks would participate to the same extent as the original shares in the substance but not in the control. Reinhart did not state his opinion as to this proposition. 4. The discussion between Reinhart and Karl P. will presumably take place in the first week of January. It does not seem very likely that Reinhart will take a very active part in it; he probably will merely ask Karl P. what he intends to do in view of the growing seriousness of the situation. If one wants to make rapid progress, the pressure upon the P. group must, by all means, be intensified. 5. Following this conference, Herbert Goering was asked to speak to State Counselor Reinhart and to make an appointment for an interview with Karl P. in order to communicate to him the clear order of the General. Herbert Goering consented immediately. As a matter of fact, he considers it in accordance with the wishes of the General to make known "the latter's wishes and decision with fullest brutality" (ihm dessen Auffassung und Entschluss in vollster Brutalitaet mitteilt]. ] |
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| [initial] ST. [STEINBRINCK |
¹ Ilse, a coal property to which the Petscheks had substantial interests.
² Viag, Vereinigte Industrieunternehmen A.G., a State-owned concern.
³ Dr. Bueren, general director of Bubiag, the Braunhihlen and Brikett Industrie A.G., a brown coal and briquette enterprise.
