Hailed by Nazis as a master stroke, almost the first economic act of the Hitler regime was to bash together those two able rivals, Hamburg-American and North German Lloyd.
In the year just closed German shipping took the worst beating suffered by the merchant marine of any nation whatsoever. Last week, less than 20 months after the merger was consummated, frantic Nazis abruptly split the two companies they had merged into five. "The reason is," explained Realmleader Hitler's Shipping Commissioner Essberger, "we have found that it is the large German shipping companies which have...
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