THE AMERICAN TRANSFER

Evening Post, Volume CIV, Issue 8, 10 July 1922, Page 7

THE AMERICAN TRANSFER

AN ALLEGED CONFERENCE

SERIOUS CHARGE MADE AND

DENIED.

(ONITIP PRESS ASSOCIATION.—COPIRWHT.)

(AUSTRALIAN ■ NEW ZEALAND CABLB ASSOCIATION.) NEW*YORK, Bth July.

Mr. Francis P. Garvan (formerly Alien Property Custodian, and now; president of the Chemical Foundation), chaorges a committee of German dye magnates now in the United States, with lawyere retained by them, that they visited the Attorney-General in Washington, just prior to the recent inauguration of President Harding's policy favouring the return of 4747 German dyo and drug patents sold by Mr. Garvan, as Alien Property Custodian, to Mr. Garvan as president of the Chemical Foundation, for 250,000 dollars. Following Mr. Garvan's statement, the lawyers representing the German interests made a statement admitting meeting ,the AttorneyGensral in an effort to rescue th» return of the patents, but declaring that the American Administration had decided upon that policy Jong previously. -.

[President Harding recently ordered the Alien Enemy Property Custodian to reclaim all German trade marks and patents, ■which' the former Custodian, Mr. Garraa, during President Wilson's administration, had granted to the Chemical Foundation, a privately-owned corporation now headed by Mr. Garvan. President Harding desired the Government to resume the ownership of all past profits, aa well as of the patents and trade marks themselves. Charges have been mad* by Senators that these valuable rights, valued at twenty million dollars, were sold for a-quarter of a million dollars.]