Hungary's Communist government last week took over almost every privately owned plant and shop employing more than ten workers. The nationalization decree included foreign-owned businesses. Interesting exception: Soviet-Hungarian joint stock companies (most of the oil, all aviation and shipping) were left undisturbed.
One of the industries expropriated was the U.S.-owned subsidiary of the International Telephone and Telegraph Corp. I.T. & T.'s Central European representative, U.S. Citizen Robert Vogeler, and its Budapest manager, Briton Edgar Sanders, were arrested seven weeks ago and charged with organizing a widespread espionage ring. In response to this "arbitrary and inhumane" action, the U.S. has forbidden...
