Commander-in-Chief of the German Navy, Raeder' was responsible for strengthening the German navy and specifically for policy of unrestricted U-boat warfare against the British. He supported the fight against" Bolshevism and international Jewry". After the war, he was sentenced to life as a war criminal and was released in 1955.
Senator Harry Truman
when investigating the national defense program, as committee chairman told newsmen before Farish testified: "I think this approaches treason. Farish began breaking apart at these hearings. He shouted his "indignation" at the senators, and claimed he was not "disloyal."After the March-April hearings ended, more dirt came gushing out of the Justice Department and the Congress on Farish and Standard Oil. Farish had deceived the US Navy to prevent the Navy from acquiring certain patents, while supplying them to the Nazi war machine; meanwhile he was supplying gasoline and tetraethyl lead to Germany's submarines and air force.
Communications between Standard and I.G. Farben from the outbreak of World War II were released to the Senate, showing that tFarish's organization had arranged to deceive the U.S. government into passing over Nazi-owned assets: They would nominally buy I.G.'s share in certain patents because "in the event of war between ourselves and Germany .. .it would certainly be very undesirable to have this 20 percent Standard-I.G pass to an alien property custodian of the U.S. who might sell it to an unfriendly interest.
In August, Farish was brought back for more testimony. He was now frequently accused of lying. Farish was crushed under the intense, public grilling; he became morose, ashen. While Prescott Bush escaped publicity when the government seized his Nazi banking organization in October, Farish had been nailed. He collapsed and died of a heart attack on November 29, 1942.
The Farish family was devastated by the exposure. Son William Stamps Farish, Jr., a lieutenant in the Army Air Force, was humiliated by the public knowledge that his father was fueling the enemy's aircraft; he died in a training accident in Texas six months later. With this double death the fortune comprising much of Standard Oil's profits from Texas and Nazi Germany was now to be settled upon the little four-year-old grandson, William...overlapping the intelligence and financial worlds-The Bush Farish axis started George Bush's career.
A Senate investigating committee under Senator (later US President Harry Truman of Missouri had called Arnold to testify at hearings on corporations' collaboration with the Nazi. The Senators expressed outrage at the cynical way Farish was continuing an alliance with the Hitler regime that begun back in 1933, when Farish became chief of Jersey Standard. Didn't he know there was a war on?
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