OCR Text |
Show INVESTORS MAY I BUY OUT GERMANS I Two Men Given Permission l to Meet Holders of Property in Switzerland. WASHINGTON, April 4. Efforts of American stockholders to buy out Ger- man interests in important industries will receive the approval of th'is gov- ernment, it was indicated today when it became known that two directors ! of the American Metal company, ot New York, bad been given permission to open negotiations in Switzerland with German holders of 40 per cent of the stock of the company. The direo- A j tors are Henry Bruer and Julian B. Beaty. The company, which is capitalized at $25,000,000, has large holdings in mines and smelters in Mexico, South America, Colorado, Oklahoma, Penn sylvania and Kansas. It is understood that the proposal' placed before the state department was that the American holders buy out the enemy interest, the money in- j volved to be placed in a special trust fund in Switzerland or Holland and Its final disposition to be decided after the jlL |