Posts Tagged ‘Deutsche Bank’

Ms Derix herself is not the fearful type of course, though somewhat hypocritical. She appears to be preemptively obedient and committed to pleasing her presumably partisan paymasters, in the form of the Fritz Thyssen Foundation. Alas, she is clearly not the smartest person either; writing, for instance, that Heinrich Lübke, Director of the August Thyssen Bank (he died in 1962), was the same Heinrich Lübke who was President of Germany (in that position until 1969).

But Ms Derix’s intellectual shortcomings are much more serious than simple factual errors, which should, in any case, have been picked up by at least one of her two associate writers, three project leaders, four academic mentors and six research assistants. She is in all seriousness trying to convince us that research into the lives of wealthy persons is a brand new branch of academia, and that she is its most illustrious, pioneering proponent. Does she not know that recorded history has traditionally been by the rich, of the rich and for the rich only? Has she forgotten that even basic reading and writing were privileges of the few until some hundred and fifty years ago?

At the same time, contrary to us, Derix does not appear to have had any first hand experience of exceptionally rich people at all, particularly Thyssens. Her sponsorship, earlier in her studies, by the well-endowed Gerda Henkel Foundation, was presumably an equally ‘arm’s length’ relationship. Rich people only mix with rich people, and unless Derix got paid by the word, there is no evidence that she ever in any way qualified for serious comment on their modus operandi.

What is new, of course, is that feudalism has been swept away and replaced by democratic societies, where knowledge is broadly accessible and equality before the law is paramount. Yes, her assertion that super-rich people’s archives are difficult to access is true. They only ever want you to know glorious things about them and keep the realities cloaked behind their outstanding wealth. To suggest that this series is being issued because the Thyssens have suddenly decided to engage in an exercise of honesty, generously letting official historians browse their most private documents, however, is ludicrous. The only reason why Simone Derix is revealing some controversial facts about the Thyssens is because we already revealed them. The difference is that she repackages our evidence in decidedly positive terms, so as to comply with the series’ overall damage limitation program.

Thus, Derix seems to believe she can run with the fox and hunt with the hounds; a balancing act made considerably easier by her pronouncement, early on, that any considerations of ethics or morality are to be categorically excluded from her study. The fact that the Thyssens camouflaged their German companies (including those manufacturing weapons and using forced labour) behind international strawmen, with the benefit of facilitating the large-scale evasion of German taxes, is re-branded by Derix as being a misleading description ‘made from a state perspective’ and which ‘tried to establish a desired order rather than depict an already existing order’. As if ‘the state’, as we democrats understand it, is some kind of devious entity that needs fending off, rather than the collective support mechanism of all equal, law-abiding citizens.

It is just one of the many statements that appears to show how much the arguably authoritarian mindset of her sponsors may have rubbed off on her. The fact that academics employed by publicly funded universities should be used thus as PR-agents for the self-serving entities that are the Fritz Thyssen Foundation, the Thyssen Industrial History Foundation and the ThyssenKrupp Konzern Archive is highly questionable by any standards, but particularly by supposedly academic ones. Especially when they claim to be independent.

****************

In Derix’s world, the Thyssens are still (!) mostly referred to as ‘victims’, ‘(tax) refugees’, ‘dispossessed’ and ‘disenfranchised’, even if she admits briefly, once or twice in 500 pages, that ‘in the long-term it seems that they were able always to secure their assets and keep them available for their own personal needs’.

As far as the Thyssens’ involvement with National Socialism is concerned, she calls them ‘entangled’ in it, ‘related’ to it, being ‘present’ in it and ‘living in it’. With two or three exceptions they are never properly described as the active, profiting contributors to the existence and aims of the regime. Rather, as in volume 2 (‘Forced Labour at Thyssen’), the blame is again largely transferred to their managers. This is very convenient for the Thyssens, as the families of these men do not have the resources to finance counter-histories to clear their loved ones’ names.

But for Simone Derix to say that ‘from the perspective of nation states these (Thyssen managers) had to appear to be hoodlums’ really oversteps the boundaries of fair comment. The outrageousnness of her allegation is compounded by the fact that she fails to quote evidence, as reproduced in our book, showing that allied investigators made clear reference to the Thyssens themselves being the real perpetrators and obfuscators.

Yet still, Derix purports to be invoking German greatness, honour and patriotism in her quest for Thyssen gloss. She alleges bombastically that the mausoleum at Landsberg Castle in Mülheim-Kettwig ‘guarantees (the family’s) presence and attachment to the Ruhr’ and that there is an ‘indissoluble connection between the Thyssen family, their enterprises, the region and their catholic faith’. But she fails to properly range them alongside the industrialist families of Krupp, Quandt, Siemens and Bosch, preferring to surround their name hyperbolically with those of the Bismarck, Hohenzollern, Thurn und Taxis and Wittelsbach ruling dynasties.

In reality, many Thyssen heirs chose to turn their backs on Germany and live transnational lives abroad. Their mausoleum is not even accessible to the general public. Contrary to what Derix implies, the iconic name that engenders such a strong feeling of allegiance in Germany is that of the public Thyssen (now ThyssenKrupp) company alone, as one of the main national employers. This has nothing whatsoever to do with any respect for the descendants of the formidable August Thyssen, most of whom are, for reason of their chosen absence, completely unknown in the country.

****************

In this context, it is indicative that Simone Derix categorises the Thyssens as ‘old money’, as well as ‘working rich people’. But while in the early 19th century Friedrich Thyssen was already a banker, it was only his sons August (75% share) and Josef (25% share), from 1871 onwards (and with the ensuing profits from the two world wars) who created through their relentless work, and that of their employees and workers, the enormous Thyssen fortune. Their equal was never seen again in subsequent Thyssen generations.

Thus the Thyssens became ‘ultra-rich’ and were completely set apart from the established aristocratic-bourgeois upper class. They could hardly be called ‘old money’ and neither could their heirs, despite trying everything in their power to adopt the trappings of the aristocracy (which beggars the question why volume 6 of the series is called ‘Fritz and Heinrich Thyssen – Two bourgeois lives in the public eye’). This included marrying into the Hungarian, increasingly faux aristocracy, whereby, even Derix has to admit, by the 1920s every fifth Hungarian citizen pretended to be an aristocrat.

The line of Bornemiszas, for instance, which Heinrich married into, were not the old ‘ruling dynastic line’ that Derix still pretends they were. The Thyssen-Bornemiszas came to be connected with the Dutch royals not because Heinrich’s wife Margit was such a (self-styled) ‘success’ at court, but because the Thyssens had important business interests in that country. Thus Heinrich became a banker to the Dutch royal household, as well as a personal friend of Queen Wilhelmina’s husband Prince Hendrik.

The truth is: apart from such money-orientated connections, neither the German nor the English or any other European nobility welcomed these parvenus into their immediate ranks (religion too played a role, of course, as the Thyssens were and are catholics). Until, that is, social conventions had moved on enough by the 1930s and their daughters were able to marry into the truly old Hungarian dynasties of Batthyany and Zichy.

But until that time, based on their outstanding wealth, this did not stop the brothers from adopting many of the domains of grandeur for themselves. Fritz Thyssen, according to Derix, even spent his time in the early 1900s importing horses from England, introducing English fox hunting to Germany and owning a pack of staghounds. He also had his servant quarters built lower down from his own in his new country seat, specifically to signal class distinction.

These are indeed remarkable new revelations showing that the traditional image put out by the Thyssen organisation of bad cop German, ‘temporarily’ fascist industrialist Fritz Thyssen, good cop Hungarian ‘nobleman’ Heinrich Thyssen-Bornemisza is even more misleading than we always thought.

****************

Truly lamentable are Derix’s attempts to portray Fritz Thyssen as a devout, christian peacenik and centrist party member. And so are her lengthy contortions in presenting Heinrich Thyssen-Bornemisza as the perfectly assimilated Hungarian country squire. She does, however, report that Heinrich’s wife had stated he did not speak a word of the language, which does not stop Felix de Taillez in volume 6 writing that he did speak Hungarian. ‘If you can’t beat them, confuse them’ was Heini Thyssen’s motto. Clearly, it has also become the motto of these Thyssen-financed academics.

Meanwhile, Derix’s book is the first work supported by the Thyssen organisation to confirm that Heinrich Thyssen-Bornemisza did retain his German (then Prussian) citizenship. She also does venture to state that his adoption of the Hungarian nationality ‘might’ have been ‘strategic’. But these gems of truthfulness are swamped under the fountains of her gushing propaganda designed to make the second generation Thyssens look better than they were. This includes her development of August Junior’s role from black sheep of the family to committed businessman.

On the other hand, the author still fails to explain any business-related details on the much more important Heinrich Thyssen’s life in England at the turn of the century (cues: banking and diplomacy). How exactly did the family come to be closely acquainted with the likes of Henry Mowbray Howard (British liaison officer at the French Naval Ministry) or Guy L’Estrange Ewen (special envoy to the British royals)? A huge chance of genuine transparency was wasted here.

Derix also fails to draw attention to the fact that the August Thyssen and Josef Thyssen branches of the family developed in very different ways. August’s heirs exploited, left and betrayed Germany and were decidedly ‘nouveau riche’, except for Heinrich’s son Heini Thyssen-Bornemisza and his son Georg Thyssen, who really did involve themselves in the management of their companies.

By contrast, Josef’s heirs Hans and Julius Thyssen stayed in Germany (respectively were prepared to return there in the 1930s from Switzerland when foreign exchange restrictions came into force), paid their taxes, worked in the Thyssen Konzern before selling out in the 1940s, pooling their resources and adopting careers in the professions. Only the Josef Thyssen side of the family is listed in the German Manager Magazine Rich List; but for unexplained reasons Derix leaves these truly ‘working rich’ Thyssens largely unmentioned in her book.

****************

Fortunately, Derix does not concentrate all her efforts in creative fiction and plagiarisation, but manages to provide at least some substantive politico-economic facts as well. So she reveals that Heinrich Thyssen-Bornemisza was a member of the supervisory board of the United Steelworks of Düsseldorf until 1933, i.e. until after Adolf Hitler’s assumption of power. This, combined with her statement that ‘Heinrich seems to have orientated himself towards Berlin on a permanent basis as early as 1927/8 (from Scheveningen in The Netherlands)’ pokes a hole in one of the major Thyssen convenience legends, that of Heinrich Thyssen-Bornemisza having had his main residence in neutral Switzerland from 1932 onwards (i.e. conveniently from before Hitler’ assumption of power; having ‘left Germany just in time’); though this does not stop Derix from subsequently repeating that fallacy just the same (- ‘If you can’t beat them, confuse them’-).

Fact is that, despite buying Villa Favorita in Lugano, Switzerland in 1932, Heinrich Thyssen continued to spend the largest amounts of his time living a hotel life in a permanent suite in Berlin and elsewhere and also kept a main residence in Holland (where Heini Thyssen grew up almost alone, except for the staff). His Ticino lawyer Roberto van Aken had to remind him in 1936 that he still had not applied for permanent residency in Switzerland. It was not until November 1937 that Heinrich Thyssen and his wife Gunhilde received their Swiss foreigner passes (see ‘The Thyssen Art Macabre’, page 116).

Derix also readjusts the old Thyssen myth that Fritz Thyssen and Heinrich Thyssen-Bornemisza went their separate ways in business as soon as they inherited from their father, who died in 1926. We always said that the two brothers remained strongly interlinked until well into the second half of the 20th century. And hey presto, here we have Simone Derix alleging now that ‘historians so far have always assumed that the separation had been concluded by 1936’. She adds ‘despite all attempts at separating the shares of Fritz Thyssen and Heinrich Thyssen-Bornemisza, the fortunes of Fritz and Heinrich remained interlocked (regulated contractually) well into the time after the second world war’.

But it is her next sentence that most infuriates: ‘Obviously it was very difficult for outsiders to recognise this connection’. The truth of the matter is that the situation was opaque because the Thyssens and their organisation went to extraordinary lengths and did everything in their power to obfuscate matters, particularly as it meant hiding Fritz Thyssen’s and Heinrich Thyssen-Bornemisza’s joint involvement in supporting the Nazi regime.

****************

Amongst the Thyssens’ many advisors, the author introduces Dutchman Hendrik J Kouwenhoven as the main connecting link between the brothers, who ‘opened up opportunities and thought up financial instruments’. He worked from 1914 at the family’s Handels en Transport Maatschappij Vulcaan and then at their Bank voor Handel en Scheepvaart (BVHS) in Rotterdam from its official inception in 1918 to his sacking by Heinrich Thyssen-Bornemisza during the second world war.

The asset management or trust company of BVHS was called Rotterdamsch Trustees Kantoor (RTK), which Derix describes as ‘repository for the finance capital of the Thyssen enterprises, as well as for the Thyssens’ private funds’. She does not say when it was created. ‘Its offices and all the important papers that Heinrich Thyssen-Bornemisza had lodged (at RTK) were all destroyed in a German aerial bombardment of Rotterdam on 14.05.1940’, according to Derix. To us this sounds like a highly suspicious piece of information.

Of the files of BVHS she curtly says that ‘a complete set of source materials is not available’. How convenient, especially since no-one outside the Thyssen organisation will ever be able to verify this claim truly independently; or at least until the protective mantle of Professor Manfred Rasch, head of the ThyssenKrupp Konzern Archive, retires.

Derix alludes to ‘the early internationalisation of the Thyssen Konzern from 1900’, ascribing her knowledge of its bases in raw material purchases and the implementation of a Thyssen-owned trading and transport network to Jörg Lesczenski, who published two years after us (and whose work, like that of Derix herself, was backed by the Fritz Thyssen Foundation). But she leaves cross-references aside concerning the first tax havens (including that of The Netherlands) which were set up in the outgoing 19th century, conveniently referring this area to ‘research that should be carried out in the future’.

Derix names the 1906 Transportkontor Vulkan GmbH Duisburg-Hamborn with its Rotterdam branch (see above) and the 1913 Deutsch-Überseeische Handelsgesellschaft der Thyssenschen Werke mbH of Buenos Aires (by the way: to this day ThyssenKrupp AG is a major trader in raw materials). She also states that American loans to the Thyssen Konzern started in 1919 via the ‘Vulcaan Coal Company’ (failing to mention that this company was based in London).

****************

According to Derix, August Thyssen began transferring his shares in the Thyssen companies to his sons Fritz and Heinrich in 1919, first those of Thyssen & Co. and from 1921 onwards those of the August Thyssen smelting works. She then adds that existing Thyssen institutions outside of Germany were used in order to carry out this transfer.

From 1920 onwards, Fritz Thyssen began to buy real estate in Argentina. Meanwhile, the Thyssens’ Union Banking Corporation (UBC), founded in 1924 in the Harriman Building on New York’s Broadway, is described solely in the language of the ‘transnational dimension of the Thyssens’ financial network’ and as being ‘the American branch of the Bank voor Handel en Scheepvaart’.

We had already detailed in our book how Heinrich Thyssen-Bornemisza, via Hendrik Kouwenhoven, set up in Switzerland the Kaszony Family Foundation in 1926 to lodge his inherited participations and the Rohoncz Collection Foundation in 1931 to place art works he bought as easily movable capital investments from 1928 onwards. Now Derix writes that the Rohoncz Foundation too was founded in 1926. This is astonishing, since it means that this entity was set up a whole two years prior to Heinrich Thyssen buying the first painting to find its way into what he called the ‘Rohoncz Castle Collection’ (despite the fact that none of the pictures ever went anywhere near his Hungarian, then Austrian castle, in which he had stopped living in 1919).

The timing of the creation of this offshore instrument just proves how contrived Heinrich’s reinvention as a ‘fine art connaisseur and collector’ really was.

Derix even freely admits that these Thyssen family foundations were ‘antagonists of states and governments’. However, just like Johannes Gramlich in volume 3 (‘The Thyssens as Art Collectors’), she too leaves the logistics of the transfer of some 500 paintings by Heinrich Thyssen-Bornemisza into Switzerland in the 1930s completely unmentioned, including the fact that this represented a method of massive capital flight out of Germany. The associated topics of tax evasion and tax avoidance stay completely off her academic radar; ignoring our documented proof.

****************

In another bold rewriting of official Thyssen history the author states that the Thyssen brothers frequently acted in parallel in their financial affairs. And so it was that the Pelzer Foundation and Faminta AG came to be created , by Kouwenhoven, in Switzerland, on behalf of Fritz Thyssen and his immediate family. (Derix is hazy about exact dates. We published: 1929 for Faminta AG and the late 1930s for the Pelzer Foundation).

Derix points out that these two instruments also allowed secret transactions between the Thyssen brothers. She adds enigmatically that ‘Faminta protected the foreign assets of the August Thyssen smelting works from a possible confiscation by the German authorities’, whilst withholding any reference to a time scale of when such a confiscation might have been on the cards (is she suggesting a possibility prior to Fritz Thyssen’s flight in September 1939, i.e. anytime during the period 1929-1939?).

At the same time, in the 1920s, Fritz and Amelie Thyssen established a firm base in the south of the German Reich, namely in Bavaria – far away from the Thyssen heartland of the Ruhr – which Derix brands as a fact which has ‘so far been almost completely ignored by historians’. Of course, not only was this most royalist of German states close to Switzerland, but it was also, at that time, the cradle of the Nazi movement. Adolf Hitler also much preferred Munich to Berlin.

All the family’s financial instruments, meanwhile, continued to be administrated by Rotterdamsch Trustees Kantoor in The Netherlands. ‘These new Thyssen banks, companies, holdings and foundations created since the 1920s were connected to the Thyssen industrial enterprises (in Germany) through participations’, Derix continues.

These enterprises etc. were also supportive of the rising Nazi movement of course, such as when their Bank voor Handel en Scheepvaart around 1930 demonstrably made a loan of some 350,000 RM to the Nazi party, at a time when both Fritz Thyssen and Heinrich Thyssen-Bornemisza had controlling interests in BVHS.

According to Derix, it was starting in 1930 that Heinrich Thyssen sold his shares in the United Steelworks to Fritz while Fritz sold his Dutch participations to Heinrich and as a result Heinrich Thyssen alone was in control of the Bank voor Handel en Scheepvaart from 1936 onwards.

Specifically, it was a Thyssen entity called Holland-American Investment Corporation (HAIC) which facilitated Fritz Thyssen’s capital flight from Germany. According to Derix, ‘(in the autumn of 1933, the Pelzer Foundation acquired) shares in HAIC from Fritz and therefore his Dutch participations which were pooled therein. This was done in agreement with the German authorities who knew of HAIC. But in 1940, the Germans found out that there was a considerable discrepancy between the 1,5 million Reichsmark of Dutch participations held in HAIC as had been stated and the actual, true value, which turned out to be 100 to 130 million RM.’

This is staggering, as the modern day equivalent is many hundreds of millions of Euros!

Considering that Heinrich’s wife stated that he had taken some 200 million Swiss Francs of his assets into neutral countries, this would mean that, together, the Thyssen brothers possibly succeeded in extracting from Germany the cash equivalent of close to the complete monetary value of the Thyssen enterprises! This is not, however, a conclusion drawn by Simone Derix.

One begins to wonder what there was actually left to confiscate from Fritz Thyssen once he fled Germany at the onset of war in 1939. Derix admits that his flight happened not least because he preferred to complete his self-interested financial transactions from the safety of Switzerland, with the help of Heinrich Blass at Credit Suisse in Zurich.

Although we had managed to unearth several leads, we did not know that the real overall extent of the Thyssen brothers’ capital flight was quite this drastic. For Simone Derix to point this out on behalf of the Thyssen organisation is significant; even if she fails to draw any appropriate conclusions, as they would most likely be at odds with her blue-sky remit.

Truly, and in the words of the far more experienced Harald Wixforth no less: for these ‘mega-capitalist(s) (…) the profit of their enterprises (i.e. their own) always assumed far greater priority than the public’s welfare’.

Needless to say that we await Harald Wixforth’s and Boris Gehlen’s volumes on the Thyssen Bornemisza Group 1919-1932, respectively 1932-1947 with great interest.

****************

In this readjusted official light, Derix’s admission that Fritz and Amelie Thyssen’s ‘expropriation’ in late 1939 ‘did not directly result in any curtailment of their way of life’ no longer comes as any surprise.

The author also finally reveals for the first time official departure details of Fritz Thyssen’s daughter Anita, her husband Gabor and their son Federico Zichy to Argentina. Apparently they travelled from Genua, sailing on 17.02.1940 on board the ship Conte Grande, bound for Buenos Aires. In order to provide her with befitting financial support, shares in Faminta AG had been transferred to the Übersee-Trust of Vaduz shortly beforehand, of which Anita Zichy-Thyssen, a Hungarian national, was the sole beneficiary.

Derix then states that by April 1940, Fritz Thyssen ‘used his political knowledge on the German Reich and the German armaments industry as an asset that he could use in exchange for support for his personal wishes’. But what exactly were those wishes? The hubristically delusional Fritz obviously thought he could get rid of Hitler as easily as he had helped him get into power. For this, he was prepared to share German state secrets with French Foreign Minister Alexis Leger and Armament Minister Raoul Dautry in Paris. But for Derix, rather than being anything as contentious as active treason or an expression of power, his behaviour is nothing more than an ultra-rich man’s legitimate right to express his elevated lifestyle choices.

While all previous Thyssen biographers, apart from us, have purported that Fritz and Amelie Thyssen suffered tremendous ‘excrutiations’ during their time in concentration camps, Derix confirms our information that they spent most of their German captivity in the comfortable, private sanatorium of Dr Sinn in Berlin-Neubabelsberg. She writes that they were kept there ‘on Hitler’s personal orders’ and ‘on trust’, though Fritz and Heinrich’s personal friend Hermann Göring, during his post-war allied interrogations, stated that their privileged treatment had been down to his initiative. After Neubabelsberg, they were taken to different concentration camps, but Derix is now forced to admit that they enjoyed ‘a special status’ which is retraceable ‘for each and every location’. Which makes one wonder, why German historians previously felt the need to misrepresent these facts.

Derix’s list of Fritz Thyssen’s allied, post-war interrogations is particularly noteworthy. It illustrates the seriousness in which he was considered to have been guilty of (albeit blue collar) war crimes, which should have been punishable by incarceration:

In July 1945 he was taken to Schloss Kransberg near Bad Nauheim, namely to the so-called ‘US/UK Dustbin Centre for scientists and industrialists’. In August, he went on to Kornwestheim before being taken, in September, to the 7th Army Interrogation Center in Augsburg.

Derix also vagely asserts that Fritz Thyssen was interrogated at some point ‘in 1945’ by Robert Kempner, chief prosecutor of the Nuremberg trials.

Thyssen suffered a collapse and had to go into medical care. He was taken to the US prisoners’ camp of Seckenheim, then to Oberursel. His health deteriorated. From April to November 1946 he went through various hospitals and convalescent homes between Königstein (where he made a surprise recovery) and Oberursel. From November 1946 onwards, he was at the Nuremberg follow-up trials as a witness (one presumes in the cases of Alfried Krupp and Friedrich Flick amongst others), while receiving continuous hospital treatment in Fürth.

On 15.01.1947 Fritz Thyssen was released to join his wife Amelie in Bad Wiessee. This was followed by his German denazification proceedings in Königstein, where he and Amelie lived at the sanatorium of Dr Amelung. In that court, as befitting his insincere character, Fritz Thyssen described himself as penniless.

Meanwhile, according to Derix, Anita Zichy-Thyssen made contact with Edmund Stinnes, who lived in the US and his brother-in-law Gero von Schulze-Gaevernitz, a close collaborator of US-secret service chief Allen Dulles. In the spring of 1947, ‘hoping to facilitate exit permits for her parents to go to America’, she met former US-senator Burton K Wheeler in Argentina, who travelled to Germany in 1948 ‘in order to help Fritz Thyssen out of his denazification problems’. It is certainly an aspect of high-level influence which we documented even more intensively, but which, astonishingly, Johannes Bähr in volume 5 (‘Thyssen in the Adenauer Period’) of the series has totally rejected.

****************

Another Thyssen who should have had problems with his denazification, but didn’t, was Heinrich’s son Stephan Thyssen-Bornemisza.

While his brother Heini Thyssen went to the German school in The Hague, Stephan had boarded at the Lyceum Alpinum in Zuoz, Switzerland, where most pupils were from German speaking Switzerland, The Netherlands and the German Reich, respectively were Germans living abroad. Consequently, the school ran three houses named ‘Teutonia’, ‘Orania’ and ‘Helvetia’. After studying chemistry in Zurich and at the Massachusetts Institute of Technology, he became an assistant at a research laboratory of the Shell Petroleum Company in St Louis. He then wrote his dissertation at Budapest University and began working in natural resources deposit research.

Since 1932, whilst living in Hanover, Stephan worked for Seismos GmbH, a prospecting company founded in 1921 by Deutsch-Lux, Phoenix, Hoesch, Rheinstahl and Gelsenkirchener Bergwerks AG. Derix writes: ‘From 1927 Gelsenkirchener, which belonged to the United Steelworks founded in 1926, was the main shareholder, holding 50% of the shares. This means Seismos came under Fritz Thyssen’s part of the family inheritance. (…) In the 1920s, prospecting groups of Seismos worked for oil companies such as Royal Dutch Shell or Roxana Petroleum in Texas, Louisiana and Mexico, looking for Oil. (…) Its radius then extended to the Near East, South-Eastern Europe and England’.

In 1937, Seismos was bought for 1.5 million RM by Heinrich Thyssen and incorporated into his Thyssensche Gas- and Waterworks. During the war, according to Derix, the company was ‘involved in the exploitation of raw materials in the (Nazi) occupied territories (…) During their withdrawal from the Eastern Ukraine during the 1943 tank battle of Kursk they had to leave behind much equipment’.

So, of no little importance for a company which so far, in Thyssen-backed histories, had been portrayed, if at all, as being of little consequence.

And not for the secretive Heinrich Thyssen-Bornemisza either, whose son Heini Thyssen shortly after the war would get his Swiss lawyer Roberto van Aken to lie to the US visa application department thus: ‘From the advent of the Nazis’ rise to power, and particularly from 1938 onwards, Dr Heinrich Thyssen-Bornemisza’s (…) corporations were directed with the definitive purpose of minimising the Nazi armament efforts’ (The Thyssen Art Macabre, page 207).

It is, if anything, in that same obfuscating spirit that Derix still conceals the fact that the Seismos company moved its headquarters from Hanover to the Harz mountains during the war, where the Nazis’ weapons of mass destruction program (V-rockets) would come to be based.

Derix reveals that Stephan Thyssen-Bornemisza was a member of the Nazi Aircorps and confirms he was a contributing member of the SS. Nazi officials apparently declared Stephan Thyssen’s political stance to be ‘beyond all doubt’. But Derix cannot bring herself to even mention, let alone detail his additional involvement with another company, namely Maschinen- und Apparatebau AG (MABAG) of Nordhausen, also in the Harz.

We had already established that Stephan Thyssen had become chairman of the supervisory board of MABAG in the early years of the war. This company, in conjunction with IG Farben, ‘had built a vast network of caves and tunnels in the Kohnstein mountain near Nordhausen equipped with tanks and pumps (…). From Februar 1942, Armaments and Munitions Minister Albert Speer recommended all possible support for the development of rockets. This represented massively ambitious armaments manufacturing plans and a great deal more work for MABAG, who, under the control of the Wehrmacht, were now also producing turbo fuel pumps for V-rockets’ (The Thyssen Art Macabre, page 160).

We had speculated that Stephan’s position of chairman of MABAG must have been due to a major investment made by his father Heinrich. While Simone Derix entirely fails to address any aspects of this topic, the lawyer and historian Frank Baranowski has unearthed a highly important document and explains on his website:

‘In 1940, the Deutsche Petroleum Konzern, following a change in their management, divested itself of all its works which did not fit into their framework of petroleum and coal extraction, including MABAG. Deutsche Bank negotiated the transfer of the share capital of 1 million Reichsmark into various hands. The majority was acquired by the solicitor and notary Paul Langkopf of Hanover (590,000 RM), which was most likely done on the orders of a client who wished to remain anonymous. Smaller share parcels were held by the Deutsche Bank in Leipzig (158,000 RM) and in Nordhausen (14,000 RM) as well as by Stephan Thyssen-Bornemisza in Hanover (50,000 RM). On 14.09.1940 MABAG elected its new supervisory board: Director Schirner, Paul Langkopf, Stephan Thyssen-Bornemisza and the Leipzig bank director Gustav Köllmann. (MABAG came to see itself as a company entirely geared to the production of armaments, …..including grenades, grenade launchers …….and turbo pumps for the A4-rockets)’.

It just so happens that Paul Langkopf was a professional whose services had been engaged by various members of the Thyssen family over the years. It can be presumed with near certainty that the ‘anonymous’ shareholder was Heinrich Thyssen-Bornemisza. The secrecy of the transaction fits his style completely. And while Baranowski’s and our views on the use of forced labour by MABAG differ, his evidence is another indication towards the fact that Heinrich was definitely 100% pro-Nazi during the war, even while he was apparently retiring from the world, far away in his Swiss safehaven, pretending to have nothing to do with anything.

The great Simone Derix, meanwhile, prefers to concentrate on relatively trivial revelations such as the fact that Stephan’s mother Margit also lived in Switzerland with her second husband, the ‘germanophile’, ‘antisemitic’ Janos Wettstein von Westersheimb, who lost his job at the Hungarian embassy in Berne when the war turned in 1943. Apparently, she lobbied ‘for Stephan to be allowed out of Germany (after the war) via Heinrich Rothmund, who during the war had been responsible in large parts for the anti-Jewish asylum policies of Switzerland’.

****************

Finally Simone Derix covers two other important topics in her book – as did we, albeit to a different degree -; namely: 1.) The Thyssens’ pre-war London gold deposits and their fate during, respectively after the war and 2.) the removal of the Thyssens’ and Dutch royals’ share certificates from the Bank voor Handel en Scheepvaart in Rotterdam to the August Thyssen Bank in Berlin during the war, and their return to Rotterdam after the war, through an illegal act by a Dutch Military Mission, code named ‘Operation Juliana’. We will analyse the coverage of those topics more adequately in our reviews of Jan Schleusener’s, Harald Wixforth’s and Boris Gehlen’s forthcoming volumes.

In both matters, members and associates of the Thyssen family played questionable roles, using their high-level (diplomatic and other) positions, to help the Thyssens play off one host nation against another, in their pursuit of limitless personal advantage. Simone Derix only takes her critical analysis as far as to say that these interferences allowed smaller states such as The Netherlands or Switzerland to pressurise victorious powers of the second world war in order to safeguard their own national interests in the Thyssens’ fortune.

While our book has been called a possible ‘handbook for revolution’, Derix describes hers as ‘a model showing the way concerning the central, investigative strands for a history of the infrastructures of wealth’. She evokes the driving forces of ‘jealousy’ à la Ralf Dahrendorf, by the general public towards the super-rich, while ignoring the concept of ‘anger’ at their selfish sense of perennial legal immunity, as described by many such as Tom Wohlfahrt.

Simone Derix’s writing style is very clear and during her book presentation at the Historisches Kolleg in Munich, the suave voice of the specially engaged Bavarian Radio reader made the passages sound like high literature, marinated in integrity. However, this academic, who was introduced to the audience by Professor Margit Szöllösi-Janze as ‘elite researcher’, definitely arrogates to herself a greater authority in broadcasting historical judgements than she is currently entitled to.

At the subsequent podium conversation with the historian and journalist Dr Joachim Käppner of the Süddeutsche Zeitung, Derix rejected the concepts of power and of guilt unequivocally on behalf of the Thyssen family. In doing so, however, she had to be coaxed by Käppner repeatedly to focus her extremely hesitant flow of answers, which gave every impression, nevertheless, of having been pre-agreed.

Let’s hope Simone Derix does not remain the only contributor of the series to formulate answers to these important questions – But with more honesty, hopefully, if not greater independence from the questionable role of the Fritz Thyssen Foundation.

Dieses Buch über das “Gemeinschaftsunternehmen zu dem Unternehmen der Thyssen-Gruppe zählten” beginnt mit der Aussage des Autors, es sei “erstaunlich, dass sich die moderne unternehmenshistorische Forschung noch nicht intensiver mit der Entwicklung des Konzerns in den Jahren 1933 bis 1945 auseinandergesetzt hat”. Offensichtlich wurde die in unserem Buch enthaltene, unabhängige wissenschaftliche Information nicht anerkannt, obwohl sie Auslöser dafür war, dass Dr. Donges und seine akademischen Kollegen mit dem Umschreiben der Thyssen Geschichte beauftragt und dafür gefördert wurden.

Erst in der Mitte des 400-Seiten schweren Traktats rückt er schließlich damit heraus, dass die Vereinigten Stahlwerke (VSt, Vestag) massiv im Rüstungsgeschäft tätig waren, aber dass “in der Forschung (dies) bislang nicht hinreichend beachtet (wurde), sodass die Vestag im Gegensatz zu Unternehmen wie dem Krupp-Konzern eher als Roheisen- und Rohstahlproduzent wahrgenommen wird”.

Die Entscheidung, wie man auf solche ganz offensichtlich manipulierten Behauptungen reagieren soll fällt schwer und wir fragen uns, ob es Dr Donges jemals in den Sinn gekommen ist, dass die Dimensionen der bisherigen fälschlichen Darstellung so bedeutsam sind, dass der Schluss auf der Hand liegt, dass sie nicht zufällig sondern absichtlich zustande kam.

Da die Thyssens zusammen mit dem Deutschen Staat zu Beginn von Hitler’s Diktatur 72,5% der Vereinigten Stahlwerke kontrollierten, und deren Ausstoß drei Mal so groß war wie der ihres größten Konkurrenten, war es stets unlogisch, dass Alfried Krupp im Nürnberger Prozeß zu einer Haftstrafe verurteilt wurde, während die Thyssens ungeschoren davon kamen. Sie konnten dies aus vielen verschiedenen Gründen, die in unserem Buch ausführlich beschrieben werden, und so wurde der Mythos ihrer heldenmütigen Unbeflecktheit erschaffen.

Es ist offensichtlich, dass die akademische und die Medienwelt in Deutschland willens waren, diesem Mythos zu folgen statt ihn zu hinterfragen, wie wir es getan haben. Zu ihrer Verteidigung mögen sie anführen, dass sie gewisse Dokumente nicht einsehen konnten und ihre Forschungen dadurch behindert waren. Doch während die Archive der Thyssen-Bornemiszas tatsächlich bis vor kurzem für die akademische Welt unzugänglich waren, bestand für die Akten des 53-Jahre alten ThyssenKrupp Archivs keinerlei Zugangsbeschränkung (offiziell jedenfalls nicht; die Wahrheit steht auf einem anderen Blatt).

Als Georg Thyssen-Bornemisza ca. 2006/7 die Stiftung zur Industriegeschichte Thyssen ins Leben rief und ihr die Archive seines Vaters übergab (welche wir zuvor privat in Madrid und später in Monte Carlo eingesehen hatten), unterstellte er diese der fragwürdigen Pflegschaft von Prof. Manfred Rasch, Leiter des Archivs der ThyssenKrupp AG und sogar, so scheint es, zur Aufbewahrung im selben Gebäude in Duisburg, welches das ThyssenKrupp Archiv enthält.

Dieser erstaunliche Transfer hatte zur Folge, dass die Akten der Familie Fritz Thyssen mit den Akten der Familie Heinrich Thyssen-Bornemisza symbolisch vereinigt wurden; ein unglaublicher Akt, wenn man bedenkt, wie wichtig es für die Aufrechterhaltung des geschichtlichen Thyssen-Mythos war, stets zu betonen, dass die eine Seite der Familie mit der anderen Seite nichts zu tun hatte – ein Mythos, den die drei ersten Bücher dieser Reihe nichtsdestotrotz weiter fortsetzen.

Bei näherer Einsicht der Bestände, jedoch, scheinen kuriose interne Restrukturierungen der Akten in den beiden Archiven vorzugehen. Da sind zum einen wichtige Akten, von denen wir wissen, dass sie vormals im ThyssenKrupp Archiv waren, wie z.B. (erstaunlicherweise) der Nachlass von Wilhelm Roelen (Hauptmanager von Heinrich Thyssen-Bornemisza) oder der Nachlass von Robert Ellscheid (Hauptanwalt von Fritz und Amélie Thyssen) und von denen jetzt behauptet wird, sie befänden sich im Archiv der neuen Stiftung zur Industriegeschichte Thyssen.

Was aber besonders aus den Fußnoten hervorsticht ist, dass immer und immer wieder wenn es speziell um militärische Rüstung geht, die Akten meist aus dem Archiv der neuen Stiftung zur Industriegeschichte Thyssen stammen sollen, und nicht aus dem der ThyssenKrupp AG, sodass man das Gefühl bekommt, hier könnte eventuell eine Schadensbegrenzung zugunsten des kränkelnden Riesen der deutschen Schwerindustrie im Gange sein.

Auf alle Fälle ist eines der wenigen, bedeutenden Eingeständnisse dieses Buches, dass die Flucht Fritz Thyssens von Deutschland in die Schweiz bei Ausbruch des Zweiten Weltkriegs weniger mit heroischer Auflehnung gegen Hitler, und mehr mit der Tatsache zu tun gehabt haben könnte, dass er massiv gegen Devisenbestimmungen verstoßen und Steuern hinterzogen hatte, von der wir zuerst berichteten (obschon es nichts über weitere Gründe für seine Flucht aussagt, wie zum Beispiel Hitlers erniedrigende Anschuldigung des Eigennutzes).

Während Dr Donges die Verfehlungen Fritz Thyssens in Zahlen festhält, nämlich 31 Millionen Reichsmark in hinterzogenen Steuern plus 17 Millionen RM Reichsfluchtsteuer, also ein Gesamtbetrag von 48 Million RM, der an den deutschen Staat zu zahlen gewesen wären, mildert er die Aussage ab, indem er behauptet, das Entnazifizierungsverfahren von 1948 sei nicht zu dem Schluss gekommen, dass dieser Aspekt eine wichtige Rolle bei Fritz Thyssens Flucht gespielt habe. Dr Donges unterlässt es jedoch, diesen Beweis zu qualifizieren – wie es andere Autoren in dieser Reihe tun – und darauf hinzuweisen, dass die ehrliche Aufarbeitung durch diese Gerichte zum Erliegen kam sobald der Kalte Krieg begann.

Es ist auch bemerkenswert, dass der Autor behauptet die kritische Steuerfahndung in Sachen Fritz Thyssen habe Ende der Zwanziger Jahre begonnen, obwohl diese in Wirklichkeit bereits bald nach dem Ersten Weltkrieg ihren Anfang nahm.

Das Buch bringt es fertig, zu veröffentlichen, dass die zurückgezogen lebende Joseph Thyssen Seite der Familie (vom Bruder des alten August Thyssens abstammend) indirekt von der Verfolgung von Juden profitierte, da das Reich ihnen nach Fritz Thyssens Flucht und der Beschlagnahmung seines Vermögens, den Wert ihrer VSt-Aktien, nämlich 54 Million RM, mit Aktien aus jüdischem Besitz erstattete, die durch die Judenvermögensabgabe an das Reich gekommen waren.

Aber es war Fritz Thyssen, dessen Anti-Semitismus offensichtlich war, während er in prominenter Position 1933/4 daran beteiligt war, die jüdischen Mitglieder Paul Silverberg, Jakob Goldschmidt, Kurt Martin Hirschland, Henry Nathan, Georg Solmssen und Ottmar E Strauss aus dem Aufsichtsrat der VSt zu drängen. Und ganz gleich wie oft man in dieser Serie versuchen wird, uns weiszumachen, dass Fritz Thyssen sich nach 1934 “selbst stufenweise ent-nazifierte” und dass seine Judenfeindlichkeit nicht von der bösartigen, mörderischen Art war, so müssen wir uns daran erinnern, dass die wirtschaftliche Entrechtung der Juden den ersten Schritt auf dem Weg zum Holocaust darstellt.

Als die Simon Hirschland Bank in Essen 1938 “arisiert” und von einem Konsortium übernommen wurde, an dem die Deutsche Bank und die Essener National-Bank AG beteiligt waren, kaufte Fritz Thyssen einen Anteil von 0.5 Millionen RM, aber seine Rolle wird als “fraglich” bezeichnet und gesagt, dass “in der Forschung nur ungenau beantwortet (wird) welche Rolle Thyssen bei der Gründung dieses ‘Arisierungs-Konsortiums’ spielte”. Dies ist eine Methode, mit der Akademiker Zweifel an etablierten Einschätzungen aussähen, vor allem wenn diese für die Thyssens rufschädigend sind und sie von ihnen beim Umschreiben ihrer Geschichte gefördert werden.

Natürlich bleibt die sehr wichtige Finanz- und Bankenseite der Fragestellung genauso unterbelichtet, wie sie es zur Zeit des Geschehens war. Dr Donges erwähnt anonyme Holdings in den Niederlanden, der Schweiz und in den USA; dass das Reich die Rüstungsfinanzierung über die Metallurgische Forschungsanstalt verschleierte; und Faminta AG im schweizerischen Glarus, von dem er behauptet, es sei ein ausländisches Instrument der Thyssen & Co., nicht von Fritz Thyssen persönlich, gewesen. Er nennt nicht die Namen der amerikanischen Anleihegläubiger und sagt aus, dass die Rolle des Finanzministeriums im Dritten Reich noch nicht ausreichend erforscht worden ist.

Und während Dr Donges auf Seite 28 in oberflächlichster Weise informiert, dass nach dem Tod des Patriarchen August Thyssen 1926, Fritz Thyssen seinem Bruder Heinrich “einen Teil” der VSt Aktien abtreten musste (es waren anfänglich nicht weniger als 55 Millionen RM, für die er im Gegenzug Anteile an der Familien-eigenen Bank voor Handel en Scheepvaart in Rotterdam erhielt, die von Heinrich Thyssen-Bornemisza kontrolliert wurde), beschreibt er nirgends, wie lange dieser Anteil wohl im Besitz von Heinrich Thyssen-Bornemisza verblieb und ob er sich noch in seinem Besitz befand, als das Vermögen von Fritz Thyssen 1939/40 konfisziert wurde (und falls ja, was dann damit geschah).

Statt dessen konzentriert sich der Autor auf die “Nutzung von politischen, rechtlichen und gesellschaftlichen Optionen für den wirtschaftlichen Erfolg” in der NS-Zeit. Er veranschaulicht “die unternehmerischen Vorteile des Ausbaus der Rüstungsbetriebe” und stellt fest: “Auch wenn die Handlungsspielräume im Vergleich mit der Weimarer Republik aufgrund zahlreicher Restriktionen eingeschränkt waren, konnte die Konzernleitung (der VSt) weiterhin eine langfristig ausgerichtete Investitionsstrategie verfolgen.”

Und so endet das Buch mit der weltbewegenden Schlussfolgerung: “Betrachtet man die Entwicklungslinien der deutschen Stahlindustrie im 20. Jahrhundert, so bewegten sich die Stahlerzeuger im langfristigen Trend hin zur Weiterverarbeitung. Daher wäre die Vestag (Vereinigte Stahlwerke AG) in den 1930er Jahren wohl auch unter einem anderen politischen Regime diesen Weg gegangen”.

So muss man annehmen, dass dies der Hauptgrund für dieses Werk war: das Image der ThyssenKrupp AG und das Gewissen überlebender Mitglieder der Thyssen-Familie, die von der Rolle der Vereinigten Stahlwerke AG beim Tod von 80 Millionen Menschen als Auswirkung des Zweiten Weltkriegs profitiert haben – und dies noch tun – sauber zu halten.

Es ist nicht ersichtlich, wie Dr Donges mit seiner Doktorarbeit tatsächlich die Forschungslücke zum Thema Vereinigte Stahlwerke in der Nazi-Periode auch nur annähernd “schließen” könnte, wie in der Missionsaussage zur Projektreihe “Familie – Unternehmen – Öffentlichkeit. Thyssen im 20. Jahrhundert” zu lesen steht.

Ob jemand ausserhalb des Zirkels der offensichtlich Thyssen-finanzierten Forscher in Folge dessen aus dem “großen, bedingungslosen Schlummer” erwachen und beschließen wird, eine etwas kritischere Forschung zu betreiben, wird sich zeigen. Akademische Buchrezensionen (z. B. von Tobias Birken bei Sehepunkte, oder Tim Schanetzky bei H-Soz-Kult) lassen bisher nicht viel Hoffnung auf eine wirklich kritische Auseinandersetzung aufkommen. In jedem Falle ist es eine ganz andere Frage, wie abweichende Akademiker empfangen würden, wenn sie an die Tür der “Archive des Professors Rasch” anklopften.

This book begins with the author expressing his „astonishment“ at the fact that the entrepreneurial, Nazi period history of the United Steelworks (Vereinigte Stahlwerke, VSt) – a conglomerate which included Thyssen works – has not so far been properly researched by academia. Obviously, the independent scholarly information contained in our book has not been considered worthy of acknowledgment, regardless of the fact that it was as a direct result of its publication that Dr Donges and his fellow academic authors have been commissioned and funded to rewrite the Thyssens’ history.

Not until half way through the 400-page tome does he finally acknowledge that VSt was massively involved in armaments manufacture, but that, instead of perceiving this adequately, academia until now has rather viewed VSt as a mere raw iron and raw steel producer – in stark contrast to the Krupp-concern.

While it is difficult to know how to react to such obviously manipulated claims, this reviewer wonders whether it might ever occur to Dr Donges that the dimensions of previous mis-representations are such that it takes minimal intelligence to conclude that they must have been the result of intent rather than accident.

Considering that by the onset of Hitler’s dictatorship, the Thyssens, together with the German state, controlled 72,5% of VSt, and VSt’s output was three times the size of that of its biggest competitor, it was always illogical that Alfried Krupp was sentenced to prison at the Nuremberg Trials while the Thyssens got off scot-free. But for many and various reasons, explained at length in our book, they did, and there the myth of their quasi-heroic immaculacy began to be established.

It is apparent that German academia and the German media were prepared to follow this myth instead of, as we did, questioning it. In their defense they might argue that they were not able to view certain archives and that this has hampered their research. But while the Thyssen-Bornemiszas’ files have indeed been unavailable to academia until recently, for the past 53 years of their existence the ThyssenKrupp archives – officially at least (the truth is another matter) – have not been subject to such restrictions.

When at some point around 2006/7 Georg Thyssen-Bornemisza created the Thyssen Industrial History Foundation and placed in it his father’s archives (which we had previously viewed in private, first in Madrid and later in Monte Carlo), he effectively placed them under the questionable curatorship of Prof. Manfred Rasch, head archivist of ThyssenKrupp AG, and even, it seems, in the same building as the ThyssenKrupp archives in Duisburg.

This move did the extraordinary thing of symbolically uniting the files of Fritz Thyssen’s side with those of Heinrich Thyssen-Bornemisza’s side of the family; a momentous act, since it was a crucial element of the Thyssen historical myth that the two sides always pretended to have nothing to do with one another, a myth that the first three books in this series are nonetheless still trying to propagate.

Upon closer inspection of the contents lists, however, curious internal restructurings of files appear to be going on in these two archives. There are important files, which we know used to be in the archives of ThyssenKrupp, such as, surprisingly, the estate of Wilhelm Roelen (main war-time manager of Heinrich Thyssen-Bornemisza) or, unsurprisingly, the estate of Robert Ellscheid (main lawyer of Fritz and Amélie Thyssen), and which are now said to be in the new Thyssen Industrial History Foundation archives.

But what is most noticeable from the footnotes is that time and time again, when reference is made to armaments in particular, the files in question tend to allegedly have been sourced in the archives of the newly created Thyssen Industrial History Foundation, rather than the archives of ThyssenKrupp AG, giving the impression of a possible damage limitation aspect in respect of this already ailing giant of German heavy industry.

In any case, one of the few major admissions made in this book is that Fritz Thyssen’s flight from Germany to Switzerland at the onset of World War Two might have had less to do with heroic opposition to Adolf Hitler and more with the fact that he had contravened foreign exchange regulations and committed tax evasion on a massive scale, as we first revealed (though they say nothing of the other reasons for his flight, including Hitler’s humiliating accusations of self-interest).

While presenting the actual figures of Fritz Thyssen’s misdemeanours, namely 31 million Reichsmark in evaded tax plus 17 million Reichsmark Reich Flight Tax, equalling a total of 48 million RM payable to the German State, Dr Donges quickly attenuates the claim by explaining that the denazification board of 1948 did not come to the conclusion that this had played a role in Fritz Thyssen’s flight. But what he fails to mention – although another author in the same series of books does – is how any genuine Aufarbeitung by these courts stalled once the Cold War began.

It is also noticeable that the author alleges the critical tax investigation into Fritz Thyssen’s affairs to have begun in the late 1920s, when in actual fact it had started almost immediately after the end of World War One.

The book manages to reveal that the retiring Joseph Thyssen branch of the dynasty (deriving from the brother of old August Thyssen) indirectly profited from the persecution of the Jews, as the Reich paid out their 54 million RM shares in VSt after Fritz Thyssen’s flight and the confiscation of his assets, by handing them shares previously owned by Jews and taken from them as part of the Jewish Assets Levy (Judenvermögensabgabe).

But it was Fritz Thyssen, whose anti-semitism was most overt, as he was prominently involved in forcing the Jewish members Paul Silverberg, Jakob Goldschmidt, Kurt Martin Hirschland, Henry Nathan, Georg Solmssen and Ottmar E Strauss to vacate their seats on the supervisory board of VSt in 1933/4. And no matter how often in this series they will try to tell us that Fritz Thyssen “gradually denazified himself” starting in 1934 and that his anti-Semitism was not of the vicious, murderous kind, we need to remember that forcing Jews out of their jobs was the first step in their disenfranchisement and on the road to the Holocaust.

When the Simon Hirschland Bank in Essen was „aryanised“ in 1938 by a banking consortium including Deutsche Bank and Essener National-Bank AG, Fritz Thyssen bought a share of 0.5 million RM, yet his role is said to be „unclear“ and „explained unsatisfactorily by reseachers“, which is the academics’ way of sowing doubt over established facts, especially when these are detrimental to the Thyssens’ image, and especially when they have been funded by Thyssen institutions to rewrite their history.

Of course generally the all important finance and banking side of things remains as much in the dark as it was at the time in question. Dr Donges mentions anonymous holdings in Holland, Switzerland and the USA; the Reich’s camouflaging of armaments financing through Metallurgische Forschungsanstalt; and Faminta AG of Glarus, Switzerland, which he alleges to have been a foreign vessel for Thyssen & Co. rather than for Fritz Thyssen personally. He leaves US bond creditors unnamed and states that „the role of the Finance Ministry within the Third Reich has not been sufficiently studied yet“.

And while on page 28 Dr Donges admits, albeit in the most superficial of ways, that after the death of the patriarch August Thyssen in 1926, Fritz Thyssen had to relinquish “part of the VSt shares” to his brother Heinrich, he does not tell us how long this stock [not just a few shares, but an initial 55 million RM, no less, and for which Fritz received shares in the family’s Dutch bank Bank voor Handel en Scheepvaart in Rotterdam in return, which was controlled by Heinrich] might have remained under Heinrich Thyssen-Bornemisza’s ownership and whether any of it was still in his possession at the time of the confiscation of Fritz’s fortune in 1939/40 (and if so, what happened to it after this date).

Instead the author concentrates on looking at the „use of political, legal and social options to further economic success….during the Nazi period“. He concludes that „entrepreneurial advantages were to be gained from the development of the armaments enterprises“ and that „although the freedom of action was hampered through many restrictions compared to the time of the Weimar Republic, the leadership of VSt could still pursue a long-term investment strategy.“

Thus this work ends with the earth-shattering conclusion that „if one looks at the development lines of the German steel industry in the 20th century, the long-term trend was that the steel manufacturers moved towards further processing. So VSt in the 1930s would probably have chosen that way even under another political regime“.

So presumably that was the main purpose of this book; to save the image of ThyssenKrupp AG and the conscience of surviving members of the Thyssen family, who have profited, and continue to do so, from the part Vereinigte Stahlwerke AG played in the death of 80 million people as a result of World War Two.

It is very difficult to see how Dr Donges’s doctoral thesis could possibly “close the gap” in research on the subject of the history of the United Steelworks during the Nazi period, as has been the claim made at the outset of this series “Family – Enterprise – Public. Thyssen in the 20^th century”.

But whether anyone outside his immediate circle of overtly Thyssen-financed researchers will now wake up from their “great unquestioning slumber” and decide to pursue a more forthcoming research on the subject remains to be seen. Academic book reviews so far (by Tobias Birken at Sehepunkte and by Tim Schanetzky at H-Soz-Kult) suggest that they will not. In any case, how dissident academics would be received when knocking on the doors of “Professor Rasch’s archives”, remains an altogether different question.