Free Wall Street and the Rise of Hitler by Antony C. Sutton Page B

production
    Firm
    Heavy Current
    Industry
    General Electric
    40 percent
    International General
    (A.E.G. )
    Electric
    Siemens Schukert
    40 percent
    None
    A.G.
    Brown Boveri et Cie
    17 percent
    None
    Telephone and
    Telegraph
    Siemens und Halske
    60 percent
    None
    Lorenz A.G.
    85 percent
    I.T.T
    Radio
    Telefunken (A.E.G.
    60 percent
    International General
    after 1941)
    Electric
    Lorenz
    35 percent
    I.T.T.
    Wire and Cable
    Felton &
    20 percent
    I.T.T.
    Guilleaume A.G.
    Siemens
    20 percent
    None
    A.E.G.
    20 percent
    International General
    Electric
    In other words, in 1939 the German electrical equipment industry was concentrated into a few major corporations linked in an international cartel and by stock ownership to two
    .major U.S. corporations. This industrial complex was never a prime target for bombing in World War II. The A.E.G. and I.T.T. plants were hit only incidentally in area raids and then but rarely. The electrical equipment plants bombed as targets were not those affiliated with U.S. firms. It was Brown Boveri at Mannheim and Siemensstadt in Berlin — which were not connected with the U.S. — who were bombed. As a result, German production of electrical war equipment rose steadily throughout World War II, peaking as late as 1944.
    According to the U.S. Strategic Bombing Survey reports, "In the opinion of Speers'
    assistants and plant officials, the war effort in Germany was never hindered in any important manner by any shortage of electrical equipment." 15
    One example of the non-bombing policy for German General Electric was the A. E.G. plant http://reformed-theology.org/html/books/wall_street/chapter_03.htm (9 of 13) [8/4/2001 9:44:13 PM]
    CHAPTER THREE: General Electric Funds Hitler
    at 185 Muggenhofer Strasse, Nuremburg. Study of this plant's output in World War II is of interest because it illustrates the extent to which purely peacetime production was converted to war work. The pre-war plant manufactured household equipment, such as hot plates, electric ranges, electric irons, toasters, industrial baking ovens, radiators, water heaters, kitchen ovens, and industrial heaters. In 1939, 1940 and 1941, most of the Nuremburg plant's production facilities were used for the manufacture of peacetime products. In 1942
    the plant's production was shifted to manufacture of war equipment. Metal parts for communications equipment and munitions such as bombs and mines were made. Other war production consisted of parts for searchlights and amplifiers. The following tabulation very strikingly shows the conversion to war work:
    Percent
    Total sales
    Percent
    ordinary
    Year
    in 1000 RM
    for war
    production
    1939
    12,469
    5
    95
    1940
    11,754
    15
    85
    1941
    21,194
    40
    60
    1942
    20,689
    61
    39
    1948
    31,455
    67
    33
    1944
    31,205
    69
    31
    The actual physical damage by bombing to this plant was insignificant. No serious damage occurred until the raids of February 20 and 21, 1945, near the end of the war, and then protection had been fairly well developed. Raids during which bombs struck in the plant area and the trifling damage done are listed as follows:
    Bombs striking
    Date of raid
    Damage done
    plant
    March 8, 1943
    30 stick type I.B.
    Trifling, but 3
    storehouses outside the
    main plant destroyed.
    Sept. 9, 1944
    None (blast damage) Trifling, glass and
    blackout curtain damage.
    Nov. 26, 1944
    14000 lb. HE in
    Wood shop destroyed,
    open space in plant
    water main broken.
    grounds
    Feb. 20, 1945
    2 HE
    3 buildings damaged.
    Feb. 21, 1945
    5 HE, many I.B.'s
    Administration bldg.
    destroyed & enameling
    works damaged by HE.
    Another example of a German General Electric plant not bombed is the A.E.G. plant at Koppelsdorf producing radar sets and bomber antennae. Other A.E.G. plants which were not bombed and their war equipment production were:
    http://reformed-theology.org/html/books/wall_street/chapter_03.htm (10 of 13) [8/4/2001 9:44:13 PM]
    CHAPTER THREE: General Electric Funds Hitler
    LIST OF A.E.G. FACTORIES NOT BOMBED IN