Evening star., 1923-05-05
SHINES Invests at Random, But
Builds Unl,eard-of Super-1rust
German, a Publisher Among Diversified
Activities, Prints Government Money
and Gets Paid for 1t.

passed out of existence since the war
leaving few but the large dailies Whicn
could command strong financial BACK
Ing. Shines control over the paper
supply gives him a great advantage
over rival publishers.
Prints Governments Money.
SHINES, as publisher, actually prints
the money in which he is being indem-
nfied for his losses in the Rhur. When
the demands of the German govern
ment. for funds became too much. even
for the Reichsbank presses. the firm OF
BuXenstein was intrusted with the
printing of the remainder Geheimrat
Buxenstein is regarded as Germany
leading expert in the printing OF money.
and 10 him alone was confidod the Su-
peryision of the task. He gave to his
own printing house. which SHINES had
purcha sed some months before. all the
work it could take on. and distributed
the rest among printing shops In Rerlin,
Leipzig. Dresden. Nuremberg. Munich.
Karlsruhe. Stuttgart. Cassel. Madge-
burg, Hamburg, BreSlau and Konigs-
berg. SHINES not only makes profit
on printing this money, but supplies the
paper of which il is made.
Among SHINES other purchases
were sugar mills In Czeckoslovakia
and soft coal mines in Germany. He
has entered the field of building with
his Hoch-und Tiefhau Gesellschaft.
which was party to the famous
SHINES Lu berSar agreement. Not
| long ago Roumanian named Cfprut
bought a large packet of shares in
the Berlin Handelsresellschaft bank.
a powerful institution. and the only
bank in Germany which hes not in
creased its capital since the begin
ming of the war. Stiunes bought
these shares as he had bought the
Bochumer shares from Herzfeld. The
hank had been chiefly interested in
the Rathenau konZern. SHINES chief
rival. and the Otto Wolf corporation.
These two have lately been approach
supposed to be SHINES aim to drive
a wedge between them. Though he
did not succeed in getting a majority
of the stock. he seems at least to
have delayed the amalGamation. 1t
is said that he bought these bank
shares with money borrowed from
the bank itself.
Owns Ships and Hotels.
1t is SHINES rule to carry on every
possible operation himself. Having
enormous quantities of things to send
abroad. he acquired the ships to carry
them in. His principal overseas ship
ping interest is the Hugo SHINES cor
poration of Hamburg. to which his
able son devotes all his energies. But
SHINES is not modest. The aim" of
the company. according to the papers
OF incorporation. is navigation of
every sort. including the providing
or all necessary equipment at home
and abroad trade in all the products
of mines. iron mills. chemical and
electrical industries. agriculture, as
well as trade in goods. finished prod
uctS. half finished and raw products
of every sort. including food for man
and beast. animal. mineral and veg
etahle oils cotton and other textile
raw materials. hides. jute. wood.
woodpulp. paper and all finished prod
ucts made therefrom to further the
packing and storing of such products
for import or export. The company is
also authorized to undertake the pro-
duction. acquisition and working up
of goods. finished products. half-f1n-
ished products and raw materials of
every sort on its own account
The company owns round score of
medium size ocean-going ships. not
fast and not pretty. but built to make
money. They are designed chiefly for
freight. but also have accommoda
tons for passengers especially emf
grants. (Stfnnes is having twenty
six ore ships built in several coun-
tries to bring him raw materials from
abroad). Having passenger ships he
enters the tourist business and has
founded an agency in Hamburg which
offers most alluring cruises. But
tourists must live in hotels. so SHINES
has bought string of them, includ-
ing the E,splanade in Berlin. the At
lantic at Hamburg, the Carlton in
frankfort and all the hostelries op-
Grated by the Thuringia Hotel Asso-
citation.
The next article in this series will be pub
iished next Monday