New-York tribune., 1918-11-02
A. Mitchell Palmer Gives
List of Factories To Be
Auctioned OFF
German Control of
Wool Market Broken
Bosch Magnetic Co. Also to
Go Under Hammer at
Federal Order

A Mitchell Palmer, alien property
custodian. WILL place on the auction
block within the next month German
owned mills and factories valued at
500 300, 900
The list Of concerns to bc sold IN
cludes Gcrman-owned woolen mills and
other textile concerns, chemical and
color companies, magnetic plant and
;he largest pharmaceutical product
company in the country. The woolen
mills at Passalc, \. J., valued at 500
oe0, 900 which were taken over by Mr.
Ialmer about six months ago, will be
disposed Of The Bayer Company, one
of the largest chentcal firms in the
United States, will also be sold
By this sale Of the great German
owned wooen mills OF New Jersey, Mr..
Palmer hopes to crush for all time the
hold the Teuton had on this important
American industry. The first Of this
group of mills was built some time ago
with German capital, by selling agents
Of woolen mills in Germany. Machin-
cry and hands from Germany were
brought to operate the pants.
Widespread 1mL EXpOSeU
In taking over these wooden mills
Mr.. Palmer found that as their bust
ness had thrived and expanded they
had formed au association, nominally
FOR the purpose of obtaining expert
enced German labor, but which soon
became a close organization of often
siye and defensive alliance OF the Ger
man wooden interests in this locality.
bo{ tbsnr hoy Cf
organization had purchased a larage
interest in a daily newspaper and en-
;.lcyed 4 representative in Washington
20 look out for their interests, and to
keep in close touch with public sentl-
ment III all parts Of the country.
The Bayer company was owned and
controlled by the Bayer Chemical Com
rany. Of Germany. The Heyden Chem
lcal Company, of Garfield, N. j., which
- also to be sold, formed an important
ink in the plot of DR.. Hugo Schmidt
10 corner the carbonic acid market in
this country early in the war and pre-
,eut our allies from obtaining picric
acid, essential in the manufacture Of
high explosives. This concern was
owned by the Chemische Fabrik Won
ueyden, OF Radebeul, Germany.
Magnetic Concern Seized
The Bosch Magnetic Company, of
Sprinheld, Mass, is tie largest con-
Germ of its kind in the world. 1t makes
all the magnetos used in American au-
tomobiles. Officers Of the concern re-
ported that only ninety-hve shares Of
stock were owned by residents of Ger
many, but investigation disclosed that
i is 100 per cent enemy owned con
-ern. Since MIR. Palmer has taken the
IL, @f kn I,
been turned over to the government.
Francis P. Garvin, Mr.. PJalmer's
New YORK repre- sentative. has many
other concerns under investigation, anC
action ia pending to drive cut all Ger
man interests. The following is 6
list Of the places to be auctioned off:
Botany Worstcd Mills, Passaic, N. J..
December ?.
Gera Mills, Passaic, n J., DeccmbcS
10.
Passaic Worsted Spinning Mills, Pas
sale. y. j., December 10.
New Jersey Worstsed Spinning Com
pany, Passaic, N. j., December 10.
The Baycr Company, New York, De
ccmber 3.
Synthetic Patents Company, New
ork, December 8.
International Ultramarinc Company
Ltd, New York. December 8.
Heyden Chemical Works, Garfield n
j., December I.
New Brunswick Chemical Company
New Brunswick, N. T., December 18.
Bauer Chemical Company, New York
December 2l.
Ernst Gideon Bek Manufacturin,
Company, N. J. Gewelersl, Novembe
a.
Bosch Magnetic Company, Novembe
~.
Dresden Lace Works, Mex York, De
cembcr s.
International Textiles, Inc, Bridge
port. Conn, December II.
Stollwerck Company, Inc, Standard
Conn, December I3.
Schultz & Koertins Co., Philadel
phia, December ii.
DR.. jaeger Sanitary and Woolen Sys
tenn Company, New York, December i