South Bend news-times. (South Bend, Ind.) 1913-1938, 1922-05-24
BY MILTON BRoNvER

AAEo E'4E mes. no business Co4Frr &c
% Germany. en- route from his home
in AIulhe.m % Berlin. spent the
time on The train reading his favorite
Lte~ature-the financial reports OF
big German corporations.
The one he had IN HE hand was
that OF the Siemens snd Halske
Schuckert concern i is ono Of the
two great industrial electrical trusts
OF Germany It's history is the typ
Ical German one OF law protected
and approved successful combination
OF big successful corporations into a
super business. In this IL reese mbles
the manner in which SHINES h-mseliI
combined ali his various coal and
iron enterprises with those Of others
and brought into being the vast
Rhine-E Ibe Union
"Himmel'" SHINES Is reported 20
have said % his secretary after look
ing over the figures OF the electrical
trusts report. Those people use
vast lot Of coal. iron and steel in a
years time And they can't ever be
sure Of their supply. Why ne build
a new ombination. A trust Of trusts.
bigger than anything Germany has
ever SEEM"
He Acts Quickly.
With SHINES 20 think 10 dream.
is 20 act. He got into touch with the
electrical concern. He showed them
how his coal and iron and steel.
added 10 their technical skill and in
ventlons and patents would make
more successful business than be-
fore.
II was not long before he brought
about a combine OF the Rhine -Elbe
Union and the Siemens and Halske
Schuckert concern T. is known as
the Siemens- Rhine Elbe-Schuckert
Union. II IS so biz il makes one
dizzy to contemplate It's size and its
multifarious activities It has
Capitalization Of about a billion
marks. And there is very little II
any water in this
Therein il differs from our sisan-
tic trusts This German capitalize
tion is honestly represented by actual
properties in superb bundance. The
agreement SHINES drew up locks
these united concerns together until
the year 2O0O. all Of which shows
that SHINES is building for a long
time ahead. for time when he
homes SHINES grandsons will be in
dustrial princes in Germany that
will more than have fully recovered
from her defeat i'm the great war.
In a previous article I outlined the
many activities Of the RhineElbe
Union. The Siemens and Halske-
SHINES stuck a finger in the pie.
practically entered the life of every
German. II built and controlled sub
WAYS i'm Berlin and sold every kind
Of electric uSht globes. One could
order from IL a small electrical tool
+ or a complete lighting and motor
pIant with the very latest thing in
dvnamos or turbines. If YOU wanted
TO shop for wireless telegraph out
: fits or telephone systems or any one
of hundred ingenious electrical de
vices this concern could and would
deliver the goods
Genius Of Two.
II had grown great because Of the
\ genius Of two men Theirs is as
much fairy story Of business life as
that OF George Westinghouse or
/ Thomas A. Edison I'm similar fields
in America.
The Siemens concern. for in
stance. was founded by Werner
/ = emens in one-roou shop back OF
a residence in a poor little street in
/ Perrin. He took I'm Is partner me-
chanio named George Halske From
.inkering with tiny repair jobs. they
pushed their business until 20 lay
a deep-sea cable or construct the
entire telegraph system for the vast
. Russian empire was all in the year
work
About the same time another cleo
/ trician started out for himself in
d Nuremburg IN southern Germany
: This Bava-ian founded the great
business Of Schuckert and Co.
And 10y and by the two businesses
came together and became the Sic
mems Schuckert Corporation
The names OF their underlying en-
p terprises are legion The Siemens
wing has immense plants in Berlin
Hamburg. Bremen and Kiel II
owns a sanarate corporation which
makes ali kinds of electrical lamps
and in its turn owns still other com
, panies
The Schuckert concern not only
, covered Bavaria. but had plants In
Mannheim and Dessau The com
hlne owns subsidiary concerns ir
. Paris. Barcelona and ST Petershurs
and on the side operates a big auto
{ mobile factory. 2 porcelain works q
steamship turbine plant and a cable
, mandatory
II has tremendous holdings ir
e Dresden and also In Switzerland.
SHINES Only Defeat
Tn fact il is hard 70 60 anywhere
, ~ Germany or i'm the neigh horint
countries without seems some 81 th'
) properties Of This electrical trust Bl
S n.sr-i-- this huge corporation with
ir Tho sphere OF his influence
! SHINES has not only made himself
sv au odds the biggest business mar
s In Europe z nor III The world hu
.I.~ The midst Of his success IA,
r banged himself MP against one o.
. 'he few failures ~ his career
S II was his an, hition 20 unite a.
g The electrical Interests ~ German
into one an-emhracinc concern
d To do this II would have beer
b nscesslrvpro hrins n The far-famet
4 T. . which. as every German
8 knows stands for the Allseuein'
Eiektrischo Gesellschsft This
s The comrarv whica was formed n,
+. Emit Rathenau and over which. IN
< o. DO went into politics. the son o
the founder Walter Rathenau Dre
: SIDED SHINES and Rathenau ar,
4 sworn enemies and there are thre
+. + reasons for this feud which enliven
3 German politics ard business