| There also took place a preliminary discussion for an
agreement between Saint-Denis and SOPI on certain accelerator
transactions in France. There will be further negotiations on this matter
between SOPI and Saint-Denis, on the strength of directives which I gave to Mr.
Post. |
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| [Signed] BORGWARDT |
| |
| |
| |
PARTIAL TRANSLATION OF
DOCUMENT NI-4845
PROSECUTION EXHIBIT
1887 |
| |
| EXTRACTS FROM THE MINUTES OF A MEETING OF FARBEN'S ENLARGED DYESTUFFS
COMMITTEE CONCERNING FRANCOLOR, 20 OCTOBER 1942 |
| |
| No. 242 |
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Minutes of the Meeting of the Enlarged Dyestuffs
Committee
on 20 October 1942 |
| |
| The following were present: Dr. v. Schnitzler; Kommerzienrat Waibel;
Dr. Kugler; Herr Koehler; Dr. Kuepper; Herr von Bruening; Herr Ecker: Herr
Jungbluth; Dr. Kesseler; Dr. Nuesslein; Dr. Overhoff; Herr Pabst; Dr. Pflaumer;
Herr Schwab; Herr Voight; Herr Weigandt; Dr. Wingler; and also Dr.
Struss |
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| * * * * * * * * * * |
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4. Francolor
The following report was issued of the
meeting held by the Comité Commercial [Commercial Committee (Francolor)
] on 6 October 1942 and of that of the Conseil d 'Administration
[administrative board] on 7 October 1942.
The course taken by the
production and turnover of Francolor may be termed satisfactory, considering
the difficulties which are known to exist with respect to fuel. Francolor was
guaranteed definite assistance by the assurance that, for intermediary
products, et cetera, it could be supplied with orders to fill German Wehrmacht
requirements. In addition, the Francolor production will now be turned to
account for manufactures for the Kehrl-Schieber plan.
The situation as
regards profits is also satisfactory. This fact and considerations in general
make it possible to foresee that Francolor will pay out a dividend in 1942
already.
Admittedly, this would presuppose a deviation from the
provisions contained in the agreement for the granting of credits to plants.
The parent companies in Francolor are reducing their credits to plants to the
amount put forward by IG. The sums which are then still needed by the plants
are borrowed by Francolor directly from French banks at a favorable rate of
interest. |
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| * * * * * * * * * * |
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| [Signed] V. SCHNITZLER |
. 
