Evening star., 1921-01-23
|ST|NNES, GREATEST
FIGURE IN GERMANY
Engaged in Combining Trusts
That Will Dominate the Life
of the Country.
LOCKS TO FAR FUTURE
Close Personal Friend Asserts That
the Magnate's Work Is 1nfiu-
enced by Glowing Patriotism.
LOCKS TO FAR FUTURE

enced by Glowing Patriotism.
Cross Atlantic Cable Service to The Star.
BERLIN. January 22.-Out of the
great seething vortex of sentiments.
men and events which the German
republic presents to the mental eye
today. only one rock stands fortn
solid and unshakable, only one man
carries out his plans absolutely i'm
perturbably-Hugo SHINES. who has
made up his mind to emulate Rocke-
feller and show the world that to the
right man Germany today, in spite OF
all confusion and discord. is the land
of the unlimited possibilities. no less
than America.
When l last met the German mag
nate in his quiet apartments at the
Hotel Adlon he told me that the Spa
conference had taught him lesson
never again to take personal part
course" he added. that l shall not
make use of politics as tool to fur
ther my interests, for every man IN
my position must do that, but shaii
Fbe content to follow the example set
by, tho great. American captains OF
|of obliging professional politicians as
pawns in my game.
This was said some weeks ago, ana
since then Hugo SHINES has never
appeared in the press. least OF all IN
any of the scores of newspapers ne
owns and whose editors are mere pup
nets. But the great Millionaire has not
been inactive, and the fruits OF MS
mighty brain are now beginning to
become apparent in the shape OF gil
.Eantic trusts which within snort
time will dominate the financial. eco
nomical and industrial life OF Ger
many.
Combining the Banks.
SHINES began with the banks. His
was the master brain which planned
the increase Of the capital of the
Leutsche Bank from 275 millions to
400 millions of marks. and the COB
bling up by this bank of such well
Hannoversche Bank, Braunschweig-
ische Privatbank. and the Gotha Pri-
yatbank. The Deutsche Bank has be-
sides acquired control of the Wuer-
tembergische Vereinsbank and the
Hildesheim Bank.
Influence in Industry.
But to an even larger extent has
the influence OF SHINES made itself
felt in German industry He now
D.
the German mining industry through
the Deutsche-Luxemburgi Berg
werksesellschaft and the Gelsenkir-
chener Bergwerksgesellsch with his
latest acquisition, the Bochumer Verein.
Not satisfied with his gigantic mo-
nopoly SHINES has just succeeded in
linking with the enterprises just
mentioned the huge interests of the
Siemens-Sc Schuckert Werke, the great
electricity trust Of old Germany.
That SHINES is the most useful citi-
zen Of his country at the present
q creator of trusts he already stands
without an equal in the world.
Raw Materials and Mnnufacturinx.
1t is present economical conditions
In Germany which form the back
ground of this enormous concentra-
tion OF power, because they unmis-
takably point toward the closest pos
sible cooperation between the In
terestS producing raw materials and
ing the finished articles. SHINES
himself is Suoted as saying that If
Germany Is to rise again and main
tain her former position in the mar
kets of the world. she must make the
road between raw material and the
as possible. He added that il he
succeeds, not even the United States
Will be able to compete with him.
but will have to acknowledge them
selves beaten in their own game.
1 nave tried to get Shines to grant
the most polite manner that the
great magnate, though he appreciates
that what he is doing may be of in
terest to the public abroad, is far
too busy to grant interviews.
Credited With Great Pntriotfsm.
A close personal friend of his in
forms me, however, that a glowing
patriotism. far stronger than his de-
sire for money or power. lies behind
Shines efforts. and that 1t is his
greatest hope that the work he is
now doing will become Of the great
est Importance to Germany's future
by Joining together Prussian. Ba-
industries in the closest possible COM
munity of interests. which neces-
sarily must strongly counteract all
the separistic tendencies which con.
stitute the greatest danger to the
country at present. With this object
agreements binding all these gigantic
interests together are to remain in
force for not less than eighty years.
The independent German press now
renders full justice to Stinnes' patri-
otic spirit. and 1t is Of some interest
vorwaerts has nothing but praise for
the great work he has performed,
although it adds that from a So
cialistic viewpoint its greatest Inn
portance lies in the fact that it win
greatly facilitate the socialization Of
the industrial activities in question.
At the present moment, I under
stand. SHINES is endeavorinE to
add Walther Rathenau's great Allge.
meine Elektricitaetsgesellschaft (Gen-
eraI Electric Company ana the