Indiana daily times. [volume] (Indianapolis [Ind.]) 1914-1922, 1922-05-26

they pushed their business until to lay
/ a deep-sea cable or construct the entire
! telegraph system for the vast Russian
empire, was all in the years work.
/ About the same time another electri-
clan started out for himself in Nurem'
burg in southern Germany. This Bava-
rian founded the great business Of
! Schuckert & Co.
| And by and by the two businesses
| came together and became the Siemens-
Schuckert Corporation.
! The names of their underlying enter
prises are legion The Siemens wing
has immense plants in Berlin, Hamburg,
| Bremen and Kiel. It owns a separate
corporation which makes all kinds OF
| electrical lamps and in its turn owns
still other companies.
The Schuckert concern not only GOV.
cred Bavaria, but had plants in Mann
helm and Dessau The combine owns
subsidiary concerns in Paris, Barcelona
and St. Petersburg and on the side oper-
ates a big automobile factory, porce-
| lain works, steamship turbine plant
and cable mandatory.
1t has tremendous holdings In Ores
! den, and also in Switzerland.
, PROPERTIES OF
TRUST EVERYWHERE.
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 bust
| ness man In Europe, If not In the world,
but In the midst of his success has
banged 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 1t would have been neces
sary to bring in the farfamed A. E. g.,
which, as every German knows, stands
for the Allgemeine Elektrische Gesells
chaft This is the company which was
formed by Emil Rathenau and over which,
until he went into politics, the son Of the
founder, Walter Rathenau, presided.
SHINES and Rathenau are sworn enemies
and there are three reasons for this Ieud
which enlivens German politics and busi-
ness:
REASONS FOR
GERMAN FEUD.
First-As stated, Rathenau ana his
friends would not agree to merge the
A. E. G. In the SHINES combine
Second-Stinnes stands for sort OF
benevolent despotism In his business re-
lations with his workmen, whereas
Rathenau, while not out and out
Socialist, has great many socalistic
ideas as to the future relations between
employer 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 min
I lister OF reparations, favored Germany's
acceptance Of the obligations imposed by
the allies SHINES wanted Germany to
give blunt NO" The Rathenau policy
prevailed.
/ Later RRthenau went out Of the cabinet
for a time and then Il was announced
the chancellor was thinking of making
him minister for foreign affairs. The
SHINES press and the SHINES political
party, the German Peoples Party, at
once threw down the gauge of battle. But
once more Ratheuau 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