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- Title
The U.S. Alien Property Custodian vs. German Business in New York and Puerto Rico during the First World War.
- Authors
GARCÍA-MUÑIZ, HUMBERTO
- Abstract
Based on the First World War´s records and reports of the U.S. Office of the Alien Property Custodian (OAPC), this article analyzes its policy and actions toward German firms in Puerto Rico and New York, whose business operations were deemed to be inimical to the U.S. war effort. It traces the 19th and early 20th centuries' transnational merchant culture and interaction of these German concerns, coming from Bremen and Hamburg via St. Thomas to Puerto Rico and New York. It examines the smooth transition of German firms from the Spanish to U.S. imperial hegemony. The liquidation of the German firm, Fritze, Lundt & Co., Sucs., in Puerto Rico did not mean the same for its New York counterpart, Muller, Schall & Co. Puerto Rican capitalists profited by their acquisition of assets put on sale by the OAPC. It also discusses the re-migration of the Fritze family and their contact with the Nazi government.
- Subjects
FOREIGN assets; CUSTODIAL accounts; HEGEMONY; INVESTORS; STAKEHOLDERS
- Publication
Centro Journal, 2019, Vol 31, Issue 3, p93
- ISSN
1538-6279
- Publication type
Article