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FRANKFURT - In the wake of the discovery that Ford Motor Co. profited from Nazi
slave labor in Germany during WW2, now another shocker. Facing billions of dollars in claims from
Holocaust survivors, today, Germany's largest bank has admitted it has documents in its
vaults establishing a loan at a critical time to Hitler for financing the construction
of the Auschwitz death camp in Poland where in Himmler's report to Hitler, he
listed 363,211 Jews murdered during August-November of 1942.
It was at this concentration camp that I.G. Farben
had its Zyklon B Degesch Division, which manufactured a commercial form
of deadly hydrocyanic acid, which became active on contact with air. It was
used in the Auschwitz concentration camp beginning in the summer of 1941 where
the poison gas was used for mass executions of prisoners too sick to work.
Prisoners were marched there for
slave labor every day. Over the gate there was a sign which read Arbeit
Macht Frei ["Work (for I.G. Farben) will set you free!"]. Starved, and
sick with infections, many died of exhaustion. But, most were killed with
the I.G. Farben Zyklon-B cyanide gas.
"Without I.G. Farben's immense productive
facilities, including those at Auschwitz, its far-reaching research, varied
technical experience and overall concentration
of economic power, Nazi Germany would not have been in the position to
conduct its aggressive war in Europe and against the United States, according
to reports filed by General Eisenhower's staff at the close of the war.
An indictment charging twenty-four of
I.G. Farben's highest officials with war crimes was filed with the United
States Military Tribunal at Nuremberg. In 1953, I.G. Farben's
assets were divided among Hoechst, BASF sound recording tape, Bayer Aspirin
and other firms. The current company is basically a trust to settle claims
and lawsuits from the Nazi era.
Deutsche Bank officials turned over the
Nazi loan documents to independent historians the bank appointed last year
to research its past connections with Hitler's Third Reich.
Walter Schumacher of the Deutsche Bank in Frankfort
told Bulldog Newspaper correspondents "We deeply regret this but recognize
our responsibility to deal with these things openly....We don't want to keep them
from the public."
However, Schumacher was not as open as he seemed, because
he did not answer questions from reporters about just how much money had been loaned to Hitler.
The spectre of Germany's top banking institution
profiting from the slave labor of Holocaust victims adds another layer of
suspicion and mistrust surrounding Deutsche Bank amid revelations recently
that it profited from gold teeth, gold and silver eyeglass frames and even
human skin mined and looted from concentration camp victims during World War II.
Victims' relatives who have filed lawsuits,
seeking billions in compensatory damages, may now have to wait even longer to settle
their cases as the discovery of the Auschwitz loan papers is expected
to delay government approval of Deutsche Bank's $10.1 billion acquisition
of U.S.-based Bankers Trust Corp., announced in November.
Schumacher said the documents were part
of caches of files locked up behind the Iron Curtain until the end of
the Cold War and were just pulled together over the past year.
Among those files were loan papers from
the Deutsche Bank office in occupied Katowice, Poland he depicted as "...loans
related to construction companies that built Auschwitz and were financed
through the Deutsche Bank."
According to the most accurate count,
about 1.5 million people died at the Auschwitz I.G. Farben plant.