GOERING’S NEST EGG

Wairarapa Times-Age, 18 December 1942, Page 5

GOERING’S NEST EGG

HUGE FORTUNE DEPOSITED ABROAD AND VILLA PURCHASED IN SWEDEN. AGAINST DAY OF NAZI CRASH. Reichsmarshal Hermann Goering has amassed a huge personal fortune im eluding about 8,000,000 dollars in foreign holdings, the 8.8. C. disclosed in a recent broadcast. Goering holds life insurance, policies with Swiss, Dutch, Swedish, and American firms, the radiocast stated. His investments have a total value of nearly 4,000,000 dollars and they were made for Goering by the firm of Jauch and Huebner in Berlin. ' Through a travelling agent, Eduard Kosscl. Goering bought American bonds; Pennsylvania Railroad; Illinois Central; Cities Service and Bethlehem Steel, to a total value of about 75’0,000 dollars. Through another agent, Goering bought 600,000 dollars’ worth of Vera bonds in the Montecatini and Royal Dutch companies, these holdings were deposited in the Sumitomo Bank, a Japanese concern in San Francisco. Through Heinz Schiffer of Hamburg, a member of the central board of I. G. Farben, Goering placed currencies to the value of nearly 1,250.000 dollars in the Safe Deposit Bank No. 1 in Brazil the 8.8. C. continued. Through another agent, Seop Eckhard, an expert on South American affairs and a member of the Gestapo, Goering placed about 1,000,000 dollars’ worth of Swedish, Danish, Dutch, and Belgian currencies on safe deposit with the Banca de Sicilia in Trieste and the Svenska Handelsbank in Malmo. , Another 400,000 dollars in. foreign currency was placed by Goering with an importing firm in Chicago and a stockbroker in Zurich, the 8.8. C. said. Altogether that makes roughly b,000,000 dollars held on Goerings account abroad. Some of his investments have been lost through the entry o£ the United States and Brazil into 'the war, but there is still plenty left, the British Radio added. Goering's latest investment abroad is the ourchase of a villa in Appelviken, near Stockholm, in the name of his sister-in-law, Frau von VillemovitzMollendorf. This villa intended as a refuge against the day when the crash comes. .