§ 75. Mr. Elwyn Jonesasked the Secretary of State for Foreign Affairs to what extent the Federal Government have fulfilled their obligations under the Bonn Convention of 1952, as amended in Paris in 1954, to deconcentrate German heavy industry, and in particular the coal and steel holdings of the firm of Krupp.
§ Mr. Ormsby-GoreMy right hon. and learned Friend informed the hon. and learned Member on 27th May that the Federal Government had been asked for further information about the extent to which their deconcentration obligations under the Convention have so far been discharged. They have agreed to provide this information, but it has not yet been received. The following information is so far available in reply to the latter part of the Question
The Emscher-Lippe mine was sold to a German State-owned company in 1954 for some £2.3 million. Herr Krupp's controlling interest in the Constantin der Grosse mine was sold for some £3 million in 1956. The 14W stock owned by Krupp in two subsidiaries—the Westfälische Drahtindustrie (steel wire rolling works) and Capito und Klein (tin plate rolling mills) were disposed of in 1953, in accordance with provisions in the agreed plan.