Discover Family, Famous People & Events, Throughout History!

Throughout History

Advanced Search

Publication: European Stars and Stripes Saturday, May 1, 1948

You are currently viewing page 21 of: European Stars and Stripes Saturday, May 1, 1948

   European Stars and Stripes (Newspaper) - May 01, 1948, Darmstadt, Hesse                                Week Heb saturday May 1. 1948 a Fough Job ahead for the Young joint Export import Agency is to pull the bankrupt Western German states out of the red Jena holds Izoma s purse strings 2 Ery Dorothy gees  probably he most powerful single government Organ in Western Germany today is the joint Export import Agency which controls buying and Selling operations is civilians and dependents of the of zone have been bumping their of pocketbooks More often of late against an ubiquitous organization called jt3iu at the opening of the first Jena Piaf businessmen s hotel in bad Hom they found their Dollar chits  As fast. As the lobster and Nis at stateside prices. The .2000fads operating in German cities Sud 1 item or became Jena concessions. A few. 4 american car owners discovered they a Jjo uld drive up Tor a German tire f a j pay have four Brand new. Tires put on i t irl Hoxit delay and pay Jena Cash in  a Amer Icari dependent who $ Rentto a German optician to be fitted. Iff Contact lenses was set to the Jena Inch office to Settle. The Bill fifty of cars in scrip. Of Jena the joint. Export import a ency of is quite possibly " the most powerful single government Orga n in . It controls most of what Dennany buys abroad and everything she has to sell. A hardheaded Anglo american business operation Jena has flight clutch on Germany s tattered Pittse strings and a big Job ahead Tob i bankrupt Bizzoni a out of the red. " to americans in the zone Are Likely  Jena on even More occasions in. A Jinx Pryear. By autumn there will in Jena hotels in operation pm  restaurants and  an profitable prices. The Getman. Traded travel agencies and sum and whiter resorts-7-will probably  Jena. Flans have been to set. Up Jena stores where and germans if they have can. Buy German products ,. . T these things Are part of the Jena. Aim to make. Germany s exports pay the High Cost of her imports. Everything. Germany needs in raw materials from sheep gut and slates for schoolboys to Radium for Medicine is bought today through the Agency. Jena exports Coyer everything from German Coal and Cam eras to ship repairs in German docks the Sale of German patents and. The services of German workers if a chinese merchant in Hong Kong orders German dyestuffs he pays Jena dollars through a new York  vaccine made i Farben labs that was rushed to Check the cholera epidemic in Egypt added dollars to Jena funds. Jena collects the royalties paid a German concert Singer cutting records for the Pecca company in  Eia Headquarters in Hochst Are House Din what is Possi by the most dismal building intact in Ger Nany. The Interior is faced with Poison oils looking fed Blue and Green Brick that Onde advertised Farben dyes. In the Iun pre ten. Titus offices opening off gloomy corridors Eia s billion Dollar trading business is carried on. The Central accounts Section bustles with All the ledgers and calculating machines needed to keep track of such Complex financial transactions. On bus Days the imports. Section looks like a Corner of Bremen s prewar Cotton Exchange with German merchants Confer ring with Jena on plans to revitalize the huge textile Industry. Around a Jong table in Jena s chief conference room sit delegates  european governments who want to do business with Germany. Miss Ethel a Dietrich Trade negotiator for Jena and reputedly the Only american woman to have landed overseas with the assimilated  general sets tip the conferences. According to miss Dietrich. Jena does business with any country that wants to do business with  Trade f conferences have Bee held with every country in Europe sex -. Cent Romania Albania and Spain. German and French Are usually the languages of the conference table and the agreements Are drawn up an. Eng. Lish. Often German experts on certain commodities sit in on the  there is plenty of International horse trading and haggling Over prices and terms. The greeks for example explains miss Dietrich want to isell Ger. Many some of their surplus tobacco. It s More expensive than american but Jena agrees to take two and a half Mil lion dollars a Orth because germans like it it blends Well with Ger Mare tobacco and Beau sub Jena can sell Greece Ger Man machines Needles and  officials Are careful to explain that there is no bartering with foreign countries. They buy from Germany Germany buys from Herti. Payments remade through a series of offset a  in foreign Banks that Are cleared every three months by the debtor paying off  in  s sweeping operations on the. European economic scene did not Spring up overnight it  quietly work. Ing out the details of its organization since Byrnes and Bevin met in decent Ber 1946, to agree on a Biz onal merger. Jena is the mainspring of their plan. At first Jena operated from min Denin the British zone with a joint British and american staff patterned on the lines of Haef. Early this year set up in Hochst hear Biz onal Headquarters to Frankfurt Jena got anew charter and a Complete Job of streamlining.  were made virtually autocratic. Modelled on corporation with a Board of directors. At its head Jena is responsible . One except the two military governors. Its staff is jointly american a , but the voting in the Board is by capital investment. The . Outvoted Britain by three to one the French will probably have representatives in Jena by fall. The two most important men in Jena today Are its director general Wil Liam John Logan and his British Dep Uty John f. Cahan. Logan s backgrounds the favorite american Success formula. He was an All american football player for Prince onto 1921,.went to work As. A messenger boy for the Hanover Bank Rose to be vice president he retired from banking jut worked during  for the War production Board. He was appointed by Secretary of state Marshall and general Clay for his present Job. Colleagues say he considers it a sort of patriotic duty. By profession Canadian born Cahan is not a businessman but a teacher of economics. He taught at the University of London until the War when he joined the staff of the British Treasury. Jena employees who worked for him at min Den regard this figure with thick lenses glasses and shaggy haircut with affection and pass around various absent minded professor stories about  Cahan was tailed to Washington last fall for an important conference on Izonia he is said to have jammed his papers info a battered briefcase an prepared to take off in a shabby Brown. Suit that looked As if it might have sur Vived several bombings. One of his col. Continue on jew Floc 19  5?  
Browse Articles by Decade:
  • Decade