. NMT06-T0450
Volume VI · Page 450
| TRANSLATION OF DOCUMENT NI-784 PROSECUTION EXHIBIT 397 |
|
| MEMORANDUM OF DEFENDANT FLICK, 19 JANUARY 1938, MADE IN PREPARATION FOR AN IMMINENT CONFERENCE WITH HERMANN GOERING, OUTLINING WHAT FLICK INTENDED TO TELL GOERING ABOUT THE PETSCHEK QUESTION AND RELATED MATTERS¹ | |
| FI [Flick]/KL | 19 January 1938 |
| First of all, a few words as to
the significance of German brown coal in general, and about the importance of
the Petschek groups in German brown coal circles (see enclosure I). In enclosures II and III 2 there are recapitulated — a. Capital of the companies concerned; b. The estimated participation of the Petschek groups in the capital and thus the presumable face value of the shares to be acquired; c. The latest quotations for the shares; d. The estimated purchase price; The latter so calculated that 20 percent is added to the stock exchange rates. The result is that for an immediate acquisition of the Petschek holding in brown coal the purchase would be — |
|
| out of Group Ignaz P | nom. RM 77,5 million |
| out of Group Julius P | nom. RM 30,0 million |
| Face value of shares | RM 107,5 million |
| Calculated at stock exchange prices, including 20 per cent increase, there would be required — an outlay of money amounting to about RM 192 million; calculated at nom. RM 107,5 million face value, that would mean an average buying quotation of 180 per cent. | |
¹ This document and its purpose are discussed in the extracts from the testimony of defendant Flick reproduced below in section VI D. This document was the first exhibit offered by the prosecution dealing directly with the Petschek charges and was one of the numerous documents discovered in files of the Flick Concern. In offering the document in evidence, prosecution counsel stated: "I might say that the activities of the defendants Flick, Steinbrinck, and Kaletsch, to which we shall make reference, extended continuously over the year 1938 to 1939 and to some extent in later years. and the source of evidence consists of almost daily records of these activities which are contained in some dozen files, in the most part labeled Ignaz Petschek, or Julius Petschek, or in some cases Ignaz Petschek Aryanization. These files have been set aside in a room upstairs and have been made available to the defense for examination and we would, of course, be glad to bring them into Court if the Tribunal would like to see the exact nature of the source of this evidence." (Tr. p. 1611).
² Of these three enclosures, only enclosure I was a part of the document offered in evidence.
