GERMAN MAGNATE
.HAVEN IN SWITZERLAND OPPOSED TO SOVIET PACT ZURICH, Dec. 22. , Herr Fritz Thyssen, the German industrial magnate who has fled from Germany, in an interview, said that he had spent 62,000,000 reichsmarks in 12 years for the support and upkeep of the Nazi Party. He revealed that before Herr von Ribbentrop (the Nazi Foreign Minister) went to Moscow the Government held a conference of industrial heads at which Herr Thyssen strongly protested against the Russian Pact. Industrialists, he said, had not been informed of the Government's intentions. Herr Thyssen's family, totalling 30, decided to flee immediately. Herr Thyssen added that the extreme shortage of German raw materials was more serious than was admitted. Production figures were largely a bluff. The Army Command was not aware that alloys instead of steel were being used in the production of armaments. Substitutes were frequently used where steel was essential. It was recently announced that Herr Thyssen had left Germany for Switzerland because of the pact with Russia, and that the Nazis had expropriated the property and funds which he left behind him.
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Otago Daily Times, Issue 24003, 29 December 1939, Page 6
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181GERMAN MAGNATE Otago Daily Times, Issue 24003, 29 December 1939, Page 6
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