WEST GERMANY: Krupp & the Jews

To "help heal the wounds suffered during World War II," Alfried Krupp von Bohlen und Halbach, sole owner of the billion-dollar Krupp industrial combine, agreed last week to pay up to $2,380,000 to former Jewish slave laborers. Under the agreement, negotiated with the same Conference on Jewish Material Claims Against Germany that won a $6,430,000 settlement for former Jewish slave laborers from the I. G. Farben chemical trust in 1957, Krupp will pay 5,000 marks ($1,190) to any Jew who can prove he worked under duress for a Krupp enterprise.

During Alfried Krupp's trial as a war criminal in -1948...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!