“Standard Oil,” reported Truman, had agreed with the German I. G. Farben Company that in return for Farben giving Standard Oil a monopoly in the oil industry, Standard Oil would give the Farben Company complete control of patents in the chemical field, including rubber. Thus when certain American rubber manufacturers made overtures to Standard Oil Company for licenses to produce synthetic rubber, they were either refused or offered licenses on very unfavorable terms. . . . Needless to say, I. G. Farben’s position was dictated by the German government.
