Gil Hahn

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In any case, the Reich did its best to make the investment a low-risk gamble. Under the provisions of the ‘Law on guarantees for expansion of the raw materials industry’ (Gesetz ueber die Uebernahme von Garantien zum Ausbau der Roh-stoffwirtschaft), Keppler was empowered to provide all necessary subsidies to the new staple fibre plants. The Reich arranged to guarantee a syndicated loan under the auspices of the Dresdner Bank and provided the necessary technical expertise in the form of two leading experts, poached from IG Farben’s fibres division.
The Wages of Destruction: The Making and Breaking of the Nazi Economy
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