Every evening, Wilmington daily commercial., 1921-04-11
GERMANS ARE FORMING
INDUSTRIAL COMBINES
Adoph Kon Noted Continental Journalist n an Aee e "fe
for Every Evening. Says That ndustrIals WIZ NOT fa""
Material for American Loans
by Adolph konti.

Berlin. April lo.--The tendency of thy


Berlin. April l0.--The tendency of the
German iron and coal Industry is
towards IA gigantic concentration.
smaIl number of German industrialtse
capitalists own almost the whole iron
and coal plants on are Interested IN
same.
At tho head Of the big concerns Is
SHINES. with this foundation which
represent n joint stock Of almost toO
million marks. Rheinebel. Union Boch-
umer, Verein. Siemens Sohuckert belong
to Il. In 1919 the SHINES concern dis
posed of almost 18 per cent OF the Whote
coal production and Of almost II per
cent of the coke production IN the
I,hineland. The SHINES group own ore
mines I'm Westfnlia, Hcssen Nassau, in
siegerlnnd and Odenwald. in Weserge-
birge, In Bavaria and Sweden They
have 2s furnaces. besides steel and iron
rolling mills. foundries. pressing md
iron works. To them belong the cast
steel plant Bochum. North Sea works
F,mden, a few giant industrial works.
electrical industries. street car com
pantes. power stations coal trade Com
pany Raab. Harcher & co. South Ger.
man Union steel Company at Mann
helm. n few shipping companies and
many other industries.
Next I'm sizc is the Klock
ner group representing joint
stock Of almost $50 million marks. They
own the IothrinEer Hutton and Berg
werlgsvcrein the IIapper iron and steel
plant. several hig rolling works and a
number Of ore mines In 1919 they had
a coal output of almost % 200. 600 tons
and a coke production Of almost oHs
million tons
In third place ir the Stumm nroup
tomprisng iron works mining com
ranles. foundrics. auto car manufaetur
crs. shiphuilding Yards and other manu-
| featuring places Their Joint stool
capital amounts 10 almost 5000. COZ
marks In 1919 they produced 10000.
/ GOO tons OF coal and almost 400. 600 tons
/ Of coke. Their ore mines arc situated
on the Lain. in the Odenwald and II
| middle Silcsia. IN 1.othringen and, Lux
/ cmhourg Seventeen furnaces beloni
20 this group.
These three groups have carried ou
their concentration 20 such completion
| hat the whole production from raw ma
teriai 20 the final product is is made fr
their own works Naturally thes'
groups will play prominent role ~ tn
question Of reparatinn. Prlvy Council
lor Or. Peter Klockner. head Of tn
klockuer concern and one Of the lead
crs Of those groups. in an interviev
said to me
"1ndustrial development towards con
ccutration of the hiE works which goy
ern production from raw material Z
the fnal product has been dictated b,
tho necessity Of our present time.
Germany by force Of tho desfrtic
tive Peace Treaty Of Nereaillcs and u
the worse agreement of spa Is quick.
driven 10 complete ruin and tho IN
dustry can only save itself from thi
ruth hy concentration and by thcreb
attaining a reduction OF the costs
To-day on account Of tho Frenel
competition the price Of ateci product
for foreign trade Is lower than for in
land sale and our best works have al
ready strong losses with their export
which will bc increased If the fec q
l.i, per cent will b. made dlctati
, 10 the German export industry at tn
| London conference.
The world crisis. which in Amertc
has perhaps already passed its cul
mlnation point, lives now from IN
German marrow and only the mos
powerful enterprises are able 10 opnos