The Washington herald., 1918-11-26
DEUTSCHE BANK
MAY PROSPER
Played Big Part In Ameri-
can Finance, Says
Holland.

Holland.
What IL TO be the future. or at least
the Immediate future of the Deutsche
Bank Of Berlin L. a question whose
answer has been much discuxsed
among men OF finance since the col
lapse OF Germany and the res~ix
tion OF dangerous internal ~rc-
nonic and financial conditions. The
Deutsche Bank Of Berlin. untitHf
beginning OF the European Ssr
was one Of the most inhuentiaI az
the foreign financial factors -
American industrial. commerEe
and financial life. Since 1898. asr
up TO 1914 its American repres<r-
tatiye was Edward Dean A6Anas.
and some Of his achievements in
the United States as that repres>u-
tatiye have passed into tradition
as worthy TO be ranked with al
most any Of the greater finahcaal
transactions involving the utiliss-
tion Of bank resources of which
there is any record. -Fr-
How tntimatsiy associated tss
Deutsche Bank was with American
industrial. commercial and rslfrosd-
development may be inferred from
the fact that 10 IL Mr.. Adams ts8rn-
ed for aid IN financing the needs or
American Industries and railroads.
As he reorKanized the Northern Pa
cifc Railroad system and was chssr-s
man Of the board Of directors fn
1861. the presumption has always
been strong that he was assisted
in this work by the Deutsche Bank.
When some of the first OF the indus
tries were established at Niagara
Falls after the completion of the Cat
arat Construction Company and us
allied companies, OF which Mr.. Adams
was president, il is known that Mr.
Adams. speaking as the representa-
tive OF the Deutsche Bank. was ready
TO interest that bank In the financing
Of some OF these industries. In fset,
with the possible exception OF one or
two banks in London. no financial iE-
stituuon across the sea has had
greater influence in aiding and hnsn-
cling American activities than the
DeUtsche Bank.
Decorated BY Prussia.
with the outbreak OF the European
war Mr.. Adams retired from his as
sociation with his bank after a serv-
ice Of twenty-one years and il is
presumed that il was due to his ad--
mirable management Of the Ameri-
can interests Of this institution thai
he was decorated with the Royal Or
der Of the Crown Of Prussia in 1903. Q,
OF course all of these Americas
interests and associations with which
the Deutsche Bank was connected
for many years were ended with
the beginning OF the war. But there
were stiu heavy interests Of that
bank in South America until iars
T. A
this day. In addition 10 this the
banks interest in China were con-
! siderable, although some OF them in
! direct.
The institution for years has beep
I recognized as the great ImperIs1
I Bank OF Germany. Its management
has been continually brilliant and a
has earned VAST profits from its iden-
! tificatiOn not only with German in
| terests. but also with world Affairs.
Il is now asked where is the fu-
ture for this institution. Even Ny.
| Adams finds il impossible 70 fores
Z cast the career OF this bank. Ger
many has lost her overseas commerce
: ard in the wonderful developmept
! OF that commerce for twenty years
J the neUtsche Bank took an impor-
( tant part II was the reliance OF The
/ men of capital and the commercial
/ leaders who were seeking TO COM
mand oversee trade. This one de-
I partmcut OF its business brought 10
il very large profits. 80
Financed BaEdad Railroad.
The Deutsche Bank was also pre-
sumed TO have taken great interest.
in the BaFdad railroad proposition,
and IL was believed 10 be the reliance
OF the German government as tfe'
chief means for providing the necesS
sary financing TO complete that rail-
road. Had the KAiser's dream be-
come a reality through the constrlic-
ton OF the Bagdad railroad and Its
continuance TO the Persian Gulf,s :
thereby making all the more secure
the German ambition 10 control mid-'
die Europe and dominate Eastern
4 trade, the Deutsche banks part IN
this great work would have returned
! 10 it profits such as no AmerfesH
bank ever contemplated. -
I There cannot be serious or perma-
I nent impairment OF an institution such
as the Deutsche bank was until the
I collapse OF Germany without indfS
rectly. at least affecting. perhaps on
favorably, world banking conditions.
! The banks OF France, England and
the United States may hereafter ab-
sorb the greater part Of the fnanrinr
undertakings with which heretofore
the DeUtsche bank has been Identified
And yet IL there is TO be estabIished
a stable, permanent government IN
! Germany on which other nations may
have reliance, II is vital that such an
J institution as the Deutsche Bank
I should be maintained and should
, prosper II in the reconstruction,
| which IL Germany is TO be made safe
and sound must speedily begin, there
! should be repudiation OF the vast vol
ume OF the paper money Ssued by
that government what would be the
effect OF that upon the Deutsche
Bank? Has the institution resources
/ enough with which 10 redeem, II
/ called upon TO do 80, the bank notes
4 which IL has issued?
These are questions which are much
| discussed In financial cIrcles in this
| city, but the credible answer 20 which
no one seems able to give. there is
a feeling, however, that It may be
| well h this institution should be found
not 60 have been undermined by the
war and by the collapse Of Germany.
I