The Madison journal. (Tallulah, Madison Parish, La.) 1888-current, 1919-06-14
NI1E Vikings. >Cuddiug about in
their little sailing ships 10
plumber. pretty we'll controlled
commerce q dozen centuries

plumber. pretty we'll controlled
commerce dozen centuries
ago. In the course of their ScuddingS
ihey founded on the north coast of the
island of SHETLAND. where nature had
provided Il protected harbor. Il town
which they called Kohcnhavn. or "mer-
chants haven" and which is now
Known To the world as Copenhagen.
capital of Denmark.
The merchandising done At this ha-
ven consisted largely in those DAYS
OF receiving stolen treasures from the
Dig blond raiders and providing the
sea rOverS in return with mead for
their drinking horns. The truderS
houriShed and eventually began to find
some outlet beyond their own country
Tor their increasing stocks. and thus
copenhagen grew tn commercial i'm
| p"r1ance. 50 much 81. i'm fact that IL
became one of the influential members
" the HanSeatic league and rival
oi Hamburg, Bremen. Lubbock and the
German North sea and Baltic ports.
In the Thirty Years war Germany
was torn and plunderpd and Cupenhag-
EN- took squirt ahead of its German
rivals. King Christian ", recognizing
Deninarks opportunity. promoted
trade. In 1920 he built on one of the
waterways which cut into the CITY =
house. and that striking. many gahIed
structure still is used rs a stock ey
change. II is Of red tapestry brick and
Is surmounted by Spire formed by
the twisting together. ropelke Of the
bodies of four great copper dragons.
This Spire. green with the verdgris of
centuries, may be seen on clear DAVIS
Tar out over the OreSund. that sep
arates Denmark from Sweden.
Germans Got the Trade.
But in later days the Danish trad /
erS lost some Of the aggreSSivenpsS of /
Eric the Red and old Christian. while
the north Germans became more and .
more the merchants of the Baltic and !
the North sea. Then came the theft I
by Prussia of Schlcswig- Holstein and .
later the digging of the KieI canal. !
copenhagen became an easy-coing CITY
OF glorious past while the ShipS from
me seven seas anchored mt Hamburg
or Bremen.
The world war however. give Co
penhagen another opportunity. and
now the old Merchants Haven homes
again To take mercantile sna honors
from the castle banner of Hamburg.
Regardin" Copenhagen's aspirations.
Albert +. HaaSe. writing in the New
York Times. says:
The war made Copenhagen a clear
ing house for Europe. As the capita,
of one of the most important neutral
European countries it became poJiti
raj center of great significance Chang
ed conditions brought prosperity and
n new class of business men assumed
The financier supplanted tbe
producer.
Denmark's financial system WAS
even before the war. sound Her meth
DDS for modifying her credits had long
been accepted by the financial world /
pld banks expanded and new banks
'alne INTO existence. 1t Is reported
hat deposits grew to almost four times
heir pre-war amount. Insurance rec /
'rds of old Denmark were shattered {
n manner that never had been Il
hought possible; for Copenhagen be-
anne the place In which American and
european insurance companies placed
helr reinsurance, business which 4
lad once gone to the central powers. g
On the heels of this increased finan- h
1al power came a positive assertion h
r initiative on the part of the Danish IL
usiness man. Worldwide trading ar G
aniZations came into being and Co G
enhagen became the home of those d
EXAMINATIONS, the branches of which h
'ere chiefly In countries at war with II
Among these organizations il
the Transatlantic company. which n
as started in 1916, to compile infor. r,
'ation regarding foreign trade and IN n
west capital in firms engaged in for
gn trade. This organization has, 81
lr, succeeded i'm aSsociating itself with
'venteen importing and exporting n
'mpanies. Another important organ f,
alton is the General Commercial b,
Ltd, started in 1917. which OF