South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-05-28

publishing game first of all because
he owns coal mines. The bridge
from coal mines TO newspapers is
made o. wood
In his coal mines SHINES needed
great quantities of wood for snoring
up seams and for many other kinds
Of construction i'm the pits. To as
sure himself a steady. nipple supply
OF cheap wood he bought great for
est tracts i'm East Prussia and Fin
land. Then his restless brain got
busy again. He lad the timber ana
he had the coal Why not ship the
coal 10 where the timber stood and
manufacture valua BILE wood products
-cellulose. paper pulp and paper
So one fine day Germany learned
rhax loads of SHINES coal were going
across Germany to East Prussia,
where. in SHINES mills. trees were
converted into SHINES paper and
pulp. Later he bought a big concern
in Koenigsburg and another in
North Germany In his own neigh
! borhood of Westphalia there was
I mill which manufactured fine note
paper. so he bought that. too.
Ruys Three Berlin Papers.
/ Then il struck SHINES it would be
| a grand idea 70 manufacture SHINES
paper into SHINES newspapers. SO
4 in quick succession he bought three
! Perrin Journals His first investm ent
was the 'Tndustrie and Handleszet-
turg." which. as its name indicates
! .
| In Germany and so an important
/ ACQUISITION for a business king His
next purchase was the smaller
/ "Deutsche Warte.'
/ His third acquisition was the most
significant of all He bought the
"Deutsche AIlgemeine Zeitung," the
paper which in the old days Of the
monarchy was the semi-official or
/ gan Of the government. What IT said
: rerresented what the rulers wanted
/ known. Its readers are still very
/ largely the -upon-a time oft1ciai
classes who are true to the royalist
! cause and hope for an ultimate re-
I storation Of the Hohenzollerns
In Austrian Journalism.
He has also become an important
factor in Austrian journalism
where only recently it was reported
he had purchased the Elbe paper
mills This concern not only had
three paper mills but four Vienna
nawsna Dere-the Extra blatt, the
Nittars Zeitung. the Winer All
remaine Zeitung and the SOM and
II Nontags Zeitung. The Extrablatt Is
Ian Illustrated parer with a large
circulation and the Allgemeine
Zeitunr is leading Bourse organ
So in Austria as in Germany. Stin-
mes now controls a leading business
newspaper.
When a man owns string OF
newspapers II IL natural that rs
should think about the sources OF
their news. In other wards. he be-
!, comes interested IN the press asso-
Citations that supply news by tele-
graph. The first in which SHINES
invest ed money was the we'll known
I Dammert bureau. which had three
separate services One for parert
which support the German Peoples
marty; one for the papers which
support the democratic party: and
lastly a service for papers free from
political leanings. This bureau has
now been merged with the Tele-
. craph Union. in which SHINES u
also said 20 have invested money.
King OF Ink and Paper.
Having the wood and the coal ant
the paper and the newspapers
SHINES has gone almost as far as
is possible in the newspaper bust
ness. But here are other outlets 70
{ print paper There IS for instance
the book and pamphlet trade an'
[ also the general printing Of leaflets
circulars. catalogues, bill heads. etc
so SHINES formed new concerI
under his own name and als'
p bought two famous and old estab
: lished companies-the North Ger
Z man Book and Printing Co. and tn
powerful Buxenstein Press. whicl
7 itself controls a number OF subor
dinats concerns.
The eminence attained by Slime
7 Is obvious No man in Germany i
I'm such a strategic position 20 In
/ fluence public opinion upon corpor
! l attain faurs faxafsou "a riff and OF y q