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Armand Hammer also shared his father's interest in radical causes. In 1921, his medical degree in hand, Hammer traveled to the Soviet Union to help treat victims of starvation and typhus, which was sweeping Russia. He also investigated business opportunities there. Little was available in pharmaceuticals, but Hammer was sufficiently quick to concoct a scheme whereby the Soviets traded mining and fur concessions for badly needed American grain. Surmounting the hurdles to trade imposed by Soviet and American bureaucrats, Hammer became the first American concessionaire in Russia and the first American businessman to establish a bank account in Moscow. So astonishing were Hammer's activities that he became the confidant of Lenin and was granted the sole right to represent American businesses in Russia. Despite Henry Ford's militant anticommunism and even more militant anti-Semitism, Hammer negotiated a deal to import Ford tractors to Russia, and later to build...
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This section contains 190 words (approx. 1 page at 300 words per page) |
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