THE NEW YORK TIMES: DETERDING AIDS REICH AS WAY TO BAR REDS: 31 December 1937
Explains Purpose of Plan to Buy Netherland Food Products for Shipment to Germany.
Wireless to THE NEW YORK TIMES
AMSTERDAM. The Netherlands.
Dec. 30.–In a statement appearing. in the leading newspapers here, Sir Henri Deterding, chairman of the Royal Dutch Petroleum Company explains his plan to purchase about 10,000,000 guilders’ worth of Netherland cattle and agricultural products for the German food supply.
He states that the plan must be understood as a contribution toward combating bolshevism, “which I can and will result only from increasing unemployment and misery.” He would welcome contributions from others.
According to his statement, Sir Henri has taken steps:
First, to purchase the entire Netherland agricultural surplus.
Second, to send everything to Germany as soon as possible.
Third, to sell it there in German marks.
Fourth, to put the proceeds at the disposition of the German Winter Relief Fund so that indirectly the products will be within reach of everybody in Germany and price rises during the Winter will be prevented.