The New York herald., 1921-07-09
TRADE WAR AWAITS
STINNES'S ARRIVAL
German Capitalists Beaver
st. Office Sends Out Stream
of Propaganda.
SEEKS BANK ALLIANCE
American Programme In
cludes Fight on Hamburg
American Shipping.
AGENTS SHOW ACTIVITY
Constant Reports Made by
Trained Observers Placed
in American Cities.
SEEKS BANK ALLIANCE
AGENTS SHOW ACTIVITY
-what is SHINES going to do?"

What is SHINES going to do!'
1t would be difficult to exaggerate
how much more important that ques-
tion has been to those commercial con-
Germs on this side of the Atlantic en-
gagged in or waiting to engage in busi-
ness with Germany than any specula-
ton regarding the date and character
of official peace between the two gov
ernments. Compared with the prob
lens presented by the action Congress
may take concerning the properties
confiscated by the Alien Property Gus
todian that single question is as a
billion dollars to dollar. Possible
trade restrictions upon renasoent Ger
man industry, such as tariff imposts,
compulsory licensing and so on. are
not bothering those traders, importers,
exporters, shipping men who are. at
this moment, all set to resume full
fiedged commercial interchange with
the surviving element of the Central
Powers.
Any Of these interests. II they choose
to be quite candid will admit that no
problem of The near future compares
with the one presented by the eternal
question:
What is SHINES going to do?"
1.-THE New York HERALD is in posses
sion of information to the effect that
following President Harding's promul-
cation of his peace manifesto a modest
statement will be issued from Hugo
street, to the effect that this remark
able parsonage will arrive in New York
within a short time thereafter. The
statement, according to the SHINES
SHINES will engage in a series Of con-
ferences with American business In
terests with whom he has been in cor
respondence from Bremen and London.
and that it is possible that the result
of those conferences may be made
known through a succeeding state
ment to be made at the conclusion of
those conferences.
His American PrOgramm
In this manner Hugo stinnes-richest
man in Germany, creator Of the Ger
man Roof Trust the man who is
credited with profiting to the extent
of a billion dollars by the war. who is
said to control considerably more than
30 per cent of all OF Germany's indus
tries-purposes announcing his delayed
entry into the business Of the United
States.
From business interests that have
been connected with Hugo SHINES, or
who hope to be. Stinness American
programme was learned. The pro-
gramme is set forth in general terms
because it has not yet taken specific
form.
Frst-Stinnes is in negotiation
with one of the wealthiest and most
influential American banking houses.
He seeks to ally himself with that
or some similar financial power here
In New York as he has In London.
He demands unlimited credit in ex-
change for the patronage of his vast
business holdings in Europe.
Second-He Is seeking an alliance
with an American shipping corpora
tion strong enough and influential
enough to help him in Ills probable
attempt to avenge himself upon the
reviving Hamburg-American Line,
which had the temerity to expel him
from its board OF directors. The al
lance he seeks must be as aggres-
sive. as well founded and as infiu-
entail as the Hamburg American
Lines American affiliation, the
United American Lines.
Third--He has visions Of 80 in
creasing his present domination over
10 N,ti Jxric
nomic Council that 1t will be an i'm
practicability for those Americans
seeking German trade to continue
their efforts II they choose to ignore
the SHINES mandates.
Fourth-By dominance of German
and powerful influence over italian,
Swedish. Norwegian. Polish and
even Russian industry he seeks to
restore German shipping to its pre-
war greatness and even strive for
the Junker goal of dominance over
the trade of the world, And that de-
spite his alleged alliances with Brit
fsh shipping powers. who might be
jealous of German progress
Fifth-Ie has hopes ultimately
OF controlling American shipping
and then to extend his Roof Trust"
idea to North and South America.
gaining mastery over the coal. steel.
dye. textile and chemical indus
tries. He Is not yet ambitious
enough to predict his capture OF
those industries In America. but he
believes he can so fuse his Euro
pean interesSs with the raw mate
rial supplies OF the world that Amer
leans in these fields will have TO
deal with SHINES.
The war interrupted Stnnes's plan TO
invade America In 1914. He was not
then the power he Is to-day--not by
many millions of dollars. Genius that
he Is said TO be, he was not big enough
then TO buck successfully the commercial
line keystoned by the Krupps and August
Thyssen. But the war gave him his
chance. He emerged from the German
chaos In such overwhelming power that
II looked for while as though the
matter of reparations was ono between
the Allies and SHINES rather than the
Allies and Germany In the last analy-
sis. IL was SHINES who agreed to the
French terms.
To all intents and purposes SHINES
already Is in America. Down on the
third floor Of the Kerr Building. a.
Beaver street, there Is long suite OF
offices announcing themselves by the
door legend as the headquarters Of H.
Hollensen, W. Barthlng and Edgar l.
Mills. There Is no other lettering on the
door. just those names. But there Is no
hesitancy Inside about admitting that
the offices are Hugo Stinnes's American
headquarters. They admit IL cheerfully
enough, and II is further ventured that
r. all L. a