. ©MAZAL LIBRARY

NMT07-T1178


. NUERNBERG MILITARY TRIBUNAL
Volume VII · Page 1178
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Table of Contents - Volume 7
to appear even more dangerous to the trust when Germany began to develop economic forms against which no countermeasures could be taken by the usual method of competition, at least not in Germany itself. In this case, the far-seeing policy of the trust did not offer any positive guarantee of success, the more so since the trust realized that IG, being a major firm, was perfectly capable of procuring nickel resources independently of the trust.

It should, perhaps, be pointed out in this connection that it is by no means misleading to assume that it might have been that very threat which induced the trust, among other considerations, to acquire at any price the large deposit at Petsamo, thus securing an important foothold in Europe, seeing that it conducted simultaneous negotiations with IG and the Finnish Government.

And when IG proceeded to look for nickel deposits in Canada and elsewhere, the trust saw fit to enter into negotiations with IG and to carry them to an early conclusion.

This 8-year contract, which was concluded in 1934, has had very favorable effects upon the German economy. It was the first time that the trust had been compelled to break with the principle of supplying metallic nickel only, and to put sufficient quantities of Canadian nickel matte at the disposal of IG, to meet more than half of the German requirements, while saving 50 percent foreign exchange. Beyond that, IG succeeded in persuading the trust to store a very considerable supply of nickel matte in Germany at its own expense for the benefit of IG.

Up to the last days before the outbreak of war, the attitude of the trust was decidedly loyal. No attempts were made, no steps were taken to eliminate the risk (to the tune of several million marks) involved in storing such quantities.

I have given the events mentioned above merely as an illustration to show that it is obviously the policy of the trust to refrain as much as possible from doing anything which might prejudice future collaboration after the termination of hostilities.

Farben is of the opinion that a similar attitude could, in this case, be assumed by them [Farben] in their own interest as well as in that of German national economy, but they are of course prepared to subordinate their interests to those of the German national economy should the latter demand different measures.
 
3. Petsamo 
 
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4. Nivalla 
 
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Signed: HAEFLIGER   
 

 



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