August von Finck, served on numerous boards and committees.
Georg von Schnitlzler said in his 10 November 1945 statement before the Office of US Chief of Counsel for Prosecution of Axis Criminality that, chairman of Gewerkschaft Auguste Victoria, a mine owned by IG Farben, and member of the German People's Party was also present at the reunion.
Sequence of events
First Hermann Göring gave a short speech in which he emphasized the importance of the current election campaign. Then Hitler appeared and gave a ninety-minute speech. He praised the concept of private property and argued that the Nazi Party would be the nation's only salvation against the communist threat. The basis of the Nazi Party is the national idea and the concern over the nation's defense capabilities. Life is a continuous struggle and only the fittest could survive. Concurrently, only a militarily fit nation could thrive economically. In his speech, Hitler declared democracy culpable for the rise of communism. The following are translated excerpts of what remains of his speech:
Private enterprise cannot be maintained in the age of democracy; We are today facing the following situation. The Weimar Government imposed upon us a certain constitutional order by which they put us on a democratic basis. By that we were, however, not provided with an able governmental authority. On the contrary, for the same reasons for which I criticized democracy before, it was inevitable that communism, in ever greater measure, penetrated the minds of the German people. Two fronts have thus taken shape which put to us the choice: either Marxism in its purest form, or the other side.
Then Hitler declared that he needed complete control of the state to crush communism:
We must first gain complete power if we want to crush the other side completely.In Prussia, we must still gain another 10 seats, and in the Reich proper, another 33. That is not impossible if we exert all our strength. Then, only, begins the second action against communism.
After Hitler's speech, Krupp expressed thanks to the participants and put special emphasis on the commitment to private property and to the nation's defense capabilities. Hitler then left the meeting. Göring gave a short speech in which he pointed out the emptiness of the Nazi Party's campaign war chest and asked the gentlemen present to help remedy this shortage. Then Göring left and Hjalmar Schacht took the floor. Schacht requested three million Reichsmark. The money was made out to Nationale Treuhand, Dr. Hjalmar Schacht and deposited in the Bank of Delbrück Schickler & Co. A statement from the IG Farben Trial indicated a total of 2,071,000 Reichsmark had been paid. The money then went to Rudolf Hess who transferred it to Franz Eher Nachfolger.
Contributions
The total contributions made to the Nazi Party totalled 2,071,000 Reichsmark. Below the sum is broken down by transaction. According to researchers, including Kurt Pätzold, this meeting provides further evidence of the financing of the Nazi Party by big business. On other hand, Historian Henry Ashby Turner pointed out that the contributions were not entirely voluntary, designating that meeting as a "milestone: the first important material contribution of organizations of the big business to the Nazistic cause". British historian Adam Tooze writes, however:
The meeting of 20 February and its aftermath are the most notorious instances of the willingness of German big business to assist Hitler in establishing his dictatorial regime. The evidence cannot be dodged.