New York Times Current History; The European War, Vol 2, No. 4, July, 1915: April-September, 1915Various
History
New York Times Current History; The European War, Vol 2, No. 4, July, 1915: April-September, 1915
Various
World War, 1914-1918
It was established yesterday that more or less directly the visit of
Mr. Schwab to England last Fall, on the Olympic, was due to the
activity of German agents in this country in their efforts to buy the
Bethlehem Steel Company.
Word of the attempts of the German agents to obtain control of the
Bethlehem Company soon found its way to England, and the result was
that Mr. Schwab was invited to London for a special conference with
the War Office. He renewed his acquaintance with Lord Kitchener, and
his previously formed intention not to sell out was fortified with a
guarantee of orders large enough to keep the big plant at Bethlehem
going steadily for eighteen months or more.
When rumors were prevalent about New York that the visit of Sir Trevor
Dawson, head of a great English steel concern, had as its object an
attempt to obtain control of the Bethlehem Company so as to insure
that it would continue turning out supplies for the Allies, the
German agents here were making a strong bid for the control of the
concern, and their efforts have since continued.
A TIMES reporter put to Mr. Schwab yesterday the direct question as to
whether he was in actual control of the Bethlehem Steel Company.
"Absolutely," he said. "The only way anybody else could obtain control
would be to get my interest. I would never sell my interest without
making for the men who stood by me with their support when I was
struggling to put the Bethlehem Company where it is today the same
terms that would be offered for my share. As a matter of fact, my
interest in the Bethlehem Company is not for sale. Indeed, I could not
sell. I have contracts that I cannot break."
It was said yesterday that the Germans had been trying to conduct
their negotiations for the Bethlehem Company in much the same fashion
as they recently had employed in their diplomatic negotiations, and
that if they had been successful in getting the Bethlehem Company they
would have found themselves with contracts on their hands which they
would have had to carry out. The mere closing of the plant and the
refusal to continue the further manufacture and delivery of munitions
of war already contracted for would not save them from a situation
which would be the equivalent of jumping from the frying pan into the
fire.
Not only the courts would be promptly invoked to see that legal
contracts were carried out, but, if necessary, the Federal Government
could step in and insist that the manufacture and delivery of supplies
contracted for be continued, in order to prevent a breach of
neutrality. Then would be presented the spectacle of German interests
turning out vast quantities of guns, shells, and shrapnel to be sent
to Europe to be used in fighting their own troops.
Public-domain text, read in full here on John Shaqi.
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