New-York tribune., 1918-10-29
PlotFund Used
By Huns Here
To Save Trade
Government to Investigate
Industrial Activities of
Enemy Agents

In an attempt by Germany to re-
tain business in this country after the
war part of the millions intrusted to
Dr. Heinrich Albert by the imperial
German Foreign Office for various Ger
man secret activities. is being used to
Germs in the United States. A trail
leading to this fund has been found
by Federal Investigators. An inquiry
Of broad scope will be started this
week.
The investigation will be conducted
in New York by the Federal author
ties, with the assistance of state Of
ficials, and will include industrial,
propaganda and espionage activities of
German secret agents.
Financial reports and data on the
operations of members Of the German
Embassy staff are in the hands Of the
Investigators, who expect to trace tho
origin of the fund to Count Won Bern
storfT and his agent, DR.. Albert.
Most of 100000, 900 Here
It is known that none Of the hundred
million collected in this country
through the sale Of German war bonds
was returned to Germany. Fart cf this
fund was sent to German officials in
South and Central America, but most
Of it was turned over to trusted agents
Of the Hohcnzolcrns in the United
States, to be used as directed by the
German Foreign Office.
Special efforts viii be made to asccr-
tain what happened to part of the fund
of $2,430, 600 which was credited to
Captain Boy-Ed. the naval attachc Of
the German Embassy. He turned over
$1,96l 900 to Dr. Karl Buenz, of the
Hamburg American Line, in 1914, and
made some payments to officials Of the
North German Lloyd in the same year.
DR.. Buenz used his part of the fund to
outfit raiders from the port of New
York to prey on Allied shipping, He
also equipped vessels which we're to
act as mother ships to submarines
operating on this side of the Atlantic.
1t is known that Wilhelm Sickel.
Line, who handled a fund of $4,000 900,
will be called at the inquiry TO explain
certain activities. The name Of Aaron
Hecht has also been mentioned as
POSSIBLE witness. Not much of the op-
erations of this man has been made
public. In 1914 he was selected BY
Count Won Bernstorf as his financial
agent, He handled part of the funds
used by the band headed by Captains
Won Papen and Boy-td in campaign
of terrorism to keep the United States
out of the war.
Fight to Save Trade
The Federal Investigators, working
for A. Mitchell Palmer, Alien Property
Custodian, discovered that Germany,
through paid agents, is fighting to re-
The books and files Of some of the
cnemy-owned concerns taken over by
Mr.. Palmer will be used in the investi-
cation. Some of the German funds
handled by G. Amsinck & Co. will also
he brought into the investigation. Hugo
Schmidt, the New York representative
of the Deutsche Bank, was member
of this firm. He directed the compli-
rated financial dealings by which Ger
manv turned over the Bolo Pacha
money. Schmidt IS now interned at
Camp Oglethorpe.
1t has been learned that German in
dustrial representatives not only arc
working for the recstablishmcnt of
trade Conditions here after the war,
but that they also are spreading most
insidious and dangerous form of propa-
panda, designed to sway the American
rubic in favor of immedia peace.