Joan March Processed

Joan March "Verga" , born with Santa Margalida, Majorque in 1880 and died with Madrid, the March 10th 1962, is a Contrebandier, politician and banking Spanish.

Biography

In 1906 Joan March began activities of smuggling of tobacco with the Algérie and in 1911 it had the “monopoly” of this smuggling to the Morocco where it started to develop the clandestine exchanges with Spain.

These networks enabled him to facilitate the provisioning of allied during the First World War.

It created in 1926 the March bank with Palma de Majorque.

At the time of the directory of Miguel Primo de Rivera, the Spanish Company of oils, having concessions with the Venezuela and an important refinery with the the Canaries, can feed neither its refinery any more, nor the Spain, the tanker ships refusing to charge its fuel Venezuelan following the operations with Boycott of the Standard Oil, the Royal Dutch and the Shell being opposed to the Spanish monopoly of the company. Its financial position becomes tragic so much so that she asks for an advance of one hundred million Joan March which required in guarantee the actions of the company. It will then make them transfer to the English tankers from the Shell.

He was elected appointed in the Cortes of the Second republic, which made it imprison in 1933.

He then became one of principal financial army of the general Francisco Franco during the rising of 1936. Its money allowed the lease and the purchase of the planes which were used for the transfer of Free and its troops of the Canary islands, thanks to an airlift.

It founded in 1955 the Fondation Juan March which is always active in the field of arts.

Joan March found death in 1962 in an car accident.

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