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Show German Woolen - Mills to Be Sold By Custodian NEW YORK, Nov. 1. Announcement Announce-ment that the great German woolen mills of New. Jersey and other large manufactories through the country with an aggregate value of more than $200,000,000 will bo sold within the next two months to Americans was the answer today of A. Mitchell Palmer, alien property custodian, to the recent re-cent note from the German government govern-ment protesting against disposition of former Teuton -owned Interests In the United States. German property seized in this country totals $SOO,000.000, and will soon reach $1,000,000,000 as compared with $1-1,000,000 worth of American interests in-terests taken over in Germany, Mr. Palmer said. In line with the government's govern-ment's policy of wiping out all the out-postB out-postB of kultur in. the United States, he added, the former German companies will be sold only to persons who can satisfy tho advisory committee of the alien property office of their Americanism. Ameri-canism. This committee, headed by Otto T. Bannard of New York, also will decide whether or not the prices offered are fair. Chief of the manufactories to be placed upon the auction block nre the Passaic, N. J., Woolen Mills, valued at $50,000,000 principal among them tho great Worsted mills, whose appraisal at $14,000,000 has Just been completed. The Bayer company, one of the country's coun-try's loading manufacturers of pharmaceutical phar-maceutical products and the Hoyden Chemical company, a close rival of the Bayer concern in size, also will be y sold. Most of the auctions, it was an nounced, will take place at the plants, though a few will be held In Now York. Sale of the Passaic Woolen mills, Mr. Palmer asserted, would terminate Gcrninn control of one of the largest and most important American industries. indus-tries. The first of the group of factories, factor-ies, he added, was built at moat thirty years ago by selling agents of the German Woolen kartel who brought to this country .German capital, machinery machin-ery and workmen. Under the custodian's custod-ian's direction those plants have been producing woolen goods for the army and navy. The Hoyden Chemical works, Mr. Palmer declared, figured prominently In the scheme early in the European war of Hugo Schmidt, agent in this country of the Deutsche hank of Berlin, Ber-lin, to corner the carbolic acid market and thus prevent the allies from obtaining ob-taining from America the by-product, picric acid, essential to the manufacture manufac-ture of high explosives. The Bosch Magneto company, was found by the custodian to be 100 por cent German owned, while the Schutte and Koortlng company, listed as the property of Mrs. Adelbert K. Fischer of Philadelphia, actually was owned by her father, Ernest Koortlng, the "Carnegie "Car-negie of Germany." oo |