Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1922-06-01
GERMAN COLOSSUS TIES UP
BUSINESS IN HUGE COMBINE

was founded by Werner Siemens in
a one-room shop back Of a residence
in poor little street in Berlin. He
took in as partner a mechanic
named George Halske. From tinker
ing with tiny repair jobs, they push
ed their business until to lay deep
sea cable or construct the entire ie-
graph system for the vast Russian
empire, was all in the years work.
About the same time another cleo
trician started out for himself n
Nuremburg in southern Germany.
This BaVarian founded the greaE
business Of Schuckert & Co.
And by and by the two businesses
came together and became the Sic
mems Schuckert corporation.
The names Of their underlying en-
terprises are legion. The Siemens
wing has immense plants in Berlin,
Hamburg, Bremen and Kiel. It owns
separate corporation which makes
all kinds of electrical lamps and
in it's turn owns still other compa-
MES.
The Schuckert concern not only
covered Bavaria, but had plants in
Mannheim and Dessau. The COM
bine owns subsidiary concerns in
Paris, Barcelona and st. Petersburg
and on the side operates a big auto
mobile factory, porcelain works,
steamship turbine plant and
cable mandatory.
: 1t has tremendous holdings in
Dresden and also in Switzerland.
Shines Only Defeat
In fact, it is hard to go anywhere
in Germany or in the neighboring
countries without seeing some of
the properties of this electrical trust.
BY bringing this huge corporation
within the sphere of his influence,
SHINES has not only made himself
by all odds the biggest business man
in Europe, if not in the world, but
in the midst of his success has bang
ed himself up against one of the
few failures of his career.
1t was his ambition to unite all
the electrical interests of Germany
into one all-embracing concern.
To do this it would have been
necessary to bring in the far-famed
A. E. G., which, as every German
knows, stands for the Allgemeine
Elektrische Gesellschaft. This is
the company which was formed by
Emil Rathenau and over which, I'M
til he went into politics, the son of
the founder, Walter Rathenau, pre-
sided. SHINES and Rathenau are
sworn enemies and there are three
reasons for this feud which enlivens
German politics and business:
First-As stated, Rathenau and
his friends would not agree to merge
the A. E. G.. in the SHINES COM
bine.
Second-Stinnes stands for sort
of benevolent despotism in his
business relations with his work
men, whereas Rathenau, while not
an out and out Socialist, has a
great many socialistic ideas as to
the future relations between en-
ployer and employee.
Third-The two men, as great
captains of industry, clashed over
the matter of German Preparations
to the allies. At the Spa conference
Rathenau. then minister of repara-
lions, favored Germany's acceptance
of the obligations imposed by the
allies. SHINES wanted Germany to
give a blunt mo" The Rathenau
policy prevailed.
Later Rathenau went out of the
cabinet for time and then it was
announced the chancellor was think
ing of making him minister for for
eign affairs. The SHINES press and
the SHINES political party, the Ger
man Peoples party, at once threw
down the gauge of battle. But once
more Rathenau won. At present
there is an armed truce between the
men and their great corporations.
But people who know him and have
watched SHINES, are betting he is
not through yet. Sooner or later
they believe he will bring A. e. G..
into some sort of business union
with his super trust.
Copyright 1922, NEA Service IncO