. ©MAZAL LIBRARY

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. NUERNBERG MILITARY TRIBUNAL
Volume VII · Page 41
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Table of Contents - Volume 7
88. In organizing the plunder of property in occupied territories and countries, the means adopted varied from outright confiscation, which was cloaked by the enactment of various sequestration decrees, to "negotiations" with the owners of such property for its acquisition. This latter technique was particularly used in the West. The German authorities made a pretense of paying for all the property which they seized. This pretense merely disguised the fact that the raw materials, machinery and other goods diverted to Germany were paid for by the occupied countries themselves, either by the device of excessive occupation costs or by forced loans in return for a credit balance in a "clearing account" which was a nominal account only. The means adopted were intended to, and did, effectuate the plans to strengthen Germany in waging its aggressive wars, insure the subservience of the economy of conquered countries to Germany, and secure the permanent economic domination of the Continent of Europe. In the East, the German Government organized special corporations as their trustees for the express purpose of exploiting seized industries in such a manner that not only would the German war machine and its economy be strengthened, but the local economy laid in ruin.

89. Farben marched with the Wehrmacht and played a major role in Germany's program for acquisition by conquest. It used its expert technical knowledge and resources to plunder and exploit the chemical and related industries of Europe, to enrich itself from unlawful acquisitions, to strengthen the German war machine, and to assure the subjugation of the conquered countries to the German economy. To that end, it conceived, initiated, and prepared detailed plans for the acquisition by it, with the aid of German military force, of the chemical industries of Austria, Czechoslovakia, Poland, Norway, France, Russia, and other countries.
 
A. Farben in Austria
 
90. In Austria one of the two major chemical industrial firms was the Pulverfabrik Skodawerke — Wetzler A.G. (Skoda-Wetzler Works), controlled by the Creditanstalt Bank of Austria. The Rothschilds, a Jewish family, owned a majority interest in this bank. With the invasion of Austria and the introduction of the "Aryanization" program, the controlling Rothschild interests in the Creditanstalt Bank were confiscated and turned over to the Deutsche Bank. Thereupon Farben, which had sought unsuccessfully to acquire an interest in the Skoda-Wetzler Works prior to the invasion, was quick to take advantage of the changed situa- [...tion]  




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