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Giesche
Giesche Corp. (Giesche Spolka Akcyjna) was, during the interwar period, part of and owned by the German firm of Bergwerksgesellschaft Georg von Giesche's Erben (commonly called Giesche's Erben) and represented those holdings of Giesche's Erben, that after the implementation of the Treaty of Versailles with re-establishment of the Republic of Poland in 1922, were now in Polish territory; registration at Katowice as a Polish corporation followed with a name that had been registered in Prussia about 1907. The corporation was one of the largest mining concerns operating in Upper Silesia, Poland, during interwar. It had the largest Polish zinc output (40% of Poland's zinc production) out of the largest zinc mines in Europe. It was one of the largest bituminous coal producers (3,500,000 tons yearly). It had smelters and rolling mills, factories and agricultural and forests properties. Its largest zinc mine was the White Sharley/Bleischarley Its biggest zinc mills were Giesche (later known ...
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Silesian-American Corporation
Silesian-American Corporation (SACO) was registered as a corporation in Delaware in 1926 to assume ownership of the Giesche Spolka Akcyjna ( Giesche) that was registered as a corporation in Katowice, Poland earlier during the interwar period. SACO gave substantial loans to Giesche’s Erben by selling $15,000,000 collateral trust sinking fund bonds that would mature on August 1, 1941. Giesche was that part of the holdings of the German corporation Bergwerksgesellschaft Georg von Giesche's Erben (commonly referred to as Giesche’s Erben) that were in the previously German controlled Upper Silesia territory with the re-established Poland. SACO was 100% owned by: the Silesian Holding Company (51% of common stock and 58,33% of preferred stock) and Giesche (49% of common stock and 41,67% of preferred stock). Silesian Holding Company was owned by Anaconda Copper Mining (65%) and W. Averell Harriman. Harriman's portion would later be owned by Harriman, close affiliates and associates. ...
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Anaconda Copper
The Anaconda Copper Mining Company, known as the Amalgamated Copper Company between 1899 to 1915, was an American mining company headquartered in Butte, Montana. It was one of the largest trusts of the early 20th century and one of the largest mining companies in the world for much of the 20th century. Marcus Daly bought the original silver mine, named the Anaconda, in 1880. Daly partnered with George Hearst, James Ben Ali Haggin and Lloyd Tevis in 1881 to develop it, and the company expanded dramatically in 1882 with the discovery of huge copper deposits. In 1883, Daly began building a smelter and the town of Anaconda to process copper mined in Butte. In 1899, with Hearst and Tevis deceased, Haggin retired and Daly restructured the company, into the Amalgamated Copper Company bringing in H H Rogers and William Rockefeller. By 1910, Amalgamated had expanded its operations and bought the assets of all other copper companies operating in Butte. In 1922, Anaconda bought mining ope ...
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Interwar Period
In the history of the 20th century, the interwar period lasted from 11 November 1918 to 1 September 1939 (20 years, 9 months, 21 days), the end of the World War I, First World War to the beginning of the World War II, Second World War. The interwar period was relatively short, yet featured many significant social, political, and economic changes throughout the world. Petroleum-based energy production and associated mechanisation led to the prosperous Roaring Twenties, a time of both social mobility and economic mobility for the middle class. Automobiles, electric lighting, radio, and more became common among populations in the developed world. The indulgences of the era subsequently were followed by the Great Depression, an unprecedented worldwide economic downturn that severely damaged many of the world's largest economies. Politically, the era coincided with the rise of communism, starting in Russia with the October Revolution and Russian Civil War, at the end of World War I ...
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Treaty Of Versailles
The Treaty of Versailles (french: Traité de Versailles; german: Versailler Vertrag, ) was the most important of the peace treaties of World War I. It ended the state of war between Germany and the Allied Powers. It was signed on 28 June 1919 in the Palace of Versailles, exactly five years after the assassination of Archduke Franz Ferdinand, which led to the war. The other Central Powers on the German side signed separate treaties. Although the armistice of 11 November 1918 ended the actual fighting, it took six months of Allied negotiations at the Paris Peace Conference to conclude the peace treaty. The treaty was registered by the Secretariat of the League of Nations on 21 October 1919. Of the many provisions in the treaty, one of the most important and controversial was: "The Allied and Associated Governments affirm and Germany accepts the responsibility of Germany and her allies for causing all the loss and damage to which the Allied and Associated Governments and the ...
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Republic Of Poland
Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populous member state of the European Union. Warsaw is the nation's capital and largest metropolis. Other major cities include Kraków, Wrocław, Łódź, Poznań, Gdańsk, and Szczecin. Poland has a temperate transitional climate and its territory traverses the Central European Plain, extending from Baltic Sea in the north to Sudeten and Carpathian Mountains in the south. The longest Polish river is the Vistula, and Poland's highest point is Mount Rysy, situated in the Tatra mountain range of the Carpathians. The country is bordered by Lithuania and Russia to the northeast, Belarus and Ukraine to the east, Slovakia and the Czech Republic to the south, and Germany to the west. It also shares maritime boundaries with Denmark and Sweden. The ...
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Katowice
Katowice ( , , ; szl, Katowicy; german: Kattowitz, yi, קאַטעוויץ, Kattevitz) is the capital city of the Silesian Voivodeship in southern Poland and the central city of the Upper Silesian metropolitan area. It is the 11th most populous city in Poland, while its urban area is the most populous in the country and one of the most populous in the European Union. Katowice has a population of 286,960 according to a 31 December 2021 estimate. Katowice is a central part of the Metropolis GZM, with a population of 2.3 million, and a part of a larger Upper Silesian metropolitan area that extends into the Czech Republic and has a population of 5-5.3 million people."''Study on Urban Functions (Project 1.4 ...
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Silesia
Silesia (, also , ) is a historical region of Central Europe that lies mostly within Poland, with small parts in the Czech Republic and Germany. Its area is approximately , and the population is estimated at around 8,000,000. Silesia is split into two main subregions, Lower Silesia in the west and Upper Silesia in the east. Silesia has a diverse culture, including architecture, costumes, cuisine, traditions, and the Silesian language (minority in Upper Silesia). Silesia is along the Oder River, with the Sudeten Mountains extending across the southern border. The region contains many historical landmarks and UNESCO World Heritage Sites. It is also rich in mineral and natural resources, and includes several important industrial areas. The largest city and Lower Silesia's capital is Wrocław; the historic capital of Upper Silesia is Opole. The biggest metropolitan area is the Upper Silesian metropolitan area, the centre of which is Katowice. Parts of the Czech city of Ostrav ...
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Poland
Poland, officially the Republic of Poland, is a country in Central Europe. It is divided into 16 administrative provinces called voivodeships, covering an area of . Poland has a population of over 38 million and is the fifth-most populous member state of the European Union. Warsaw is the nation's capital and largest metropolis. Other major cities include Kraków, Wrocław, Łódź, Poznań, Gdańsk, and Szczecin. Poland has a temperate transitional climate and its territory traverses the Central European Plain, extending from Baltic Sea in the north to Sudeten and Carpathian Mountains in the south. The longest Polish river is the Vistula, and Poland's highest point is Mount Rysy, situated in the Tatra mountain range of the Carpathians. The country is bordered by Lithuania and Russia to the northeast, Belarus and Ukraine to the east, Slovakia and the Czech Republic to the south, and Germany to the west. It also shares maritime boundaries with Denmark and Sweden. ...
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Zinc
Zinc is a chemical element with the symbol Zn and atomic number 30. Zinc is a slightly brittle metal at room temperature and has a shiny-greyish appearance when oxidation is removed. It is the first element in group 12 (IIB) of the periodic table. In some respects, zinc is chemically similar to magnesium: both elements exhibit only one normal oxidation state (+2), and the Zn2+ and Mg2+ ions are of similar size.The elements are from different metal groups. See periodic table. Zinc is the 24th most abundant element in Earth's crust and has five stable isotopes. The most common zinc ore is sphalerite (zinc blende), a zinc sulfide mineral. The largest workable lodes are in Australia, Asia, and the United States. Zinc is refined by froth flotation of the ore, roasting, and final extraction using electricity ( electrowinning). Zinc is an essential trace element for humans, animals, plants and for microorganisms and is necessary for prenatal and postnatal development. It ...
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Bituminous Coal
Bituminous coal, or black coal, is a type of coal containing a tar-like substance called bitumen or asphalt. Its coloration can be black or sometimes dark brown; often there are well-defined bands of bright and dull material within the seams. It is typically hard but friable. Its quality is ranked higher than lignite and sub-bituminous coal, but lesser than anthracite. It is the most abundant rank of coal, with deposits found around the world, often in rocks of Carboniferous age. Bituminous coal is formed from sub-bituminous coal that is buried deeply enough to be heated to or higher. Bituminous coal is used primarily for electrical power generation and in the steel industry. Bituminous coal suitable for smelting iron (''coking coal'' or ''metallurgical coal'' ) must be low in sulfur and phosphorus. It commands a higher price than other grades of bituminous coal (thermal coal) used for heating and power generation. Within the coal mining industry, this type of coal is known ...
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Capital (economics)
In economics, capital goods or capital are "those durable produced goods that are in turn used as productive inputs for further production" of goods and services. At the macroeconomic level, "the nation's capital stock includes buildings, equipment, software, and inventories during a given year." A typical example is the machinery used in factories. Capital can be increased by the use of the factors of production, which however excludes certain durable goods like homes and personal automobiles that are not used in the production of saleable goods and services. Adam Smith defined capital as "that part of man's stock which he expects to afford him revenue". In economic models, capital is an input in the production function. The total physical capital at any given moment in time is referred to as the capital stock (not to be confused with the capital stock of a business entity). Capital goods, real capital, or capital assets are already-produced, durable goods or any non-fi ...
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Delaware
Delaware ( ) is a state in the Mid-Atlantic region of the United States, bordering Maryland to its south and west; Pennsylvania to its north; and New Jersey and the Atlantic Ocean to its east. The state takes its name from the adjacent Delaware Bay, in turn named after Thomas West, 3rd Baron De La Warr, an English nobleman and Virginia's first colonial governor. Delaware occupies the northeastern portion of the Delmarva Peninsula and some islands and territory within the Delaware River. It is the second-smallest and sixth-least populous state, but also the sixth-most densely populated. Delaware's largest city is Wilmington, while the state capital is Dover, the second-largest city in the state. The state is divided into three counties, having the lowest number of counties of any state; from north to south, they are New Castle County, Kent County, and Sussex County. While the southern two counties have historically been predominantly agricultural, New Castle is more ...
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