FREE BOOKS

Author's List




PREV.   NEXT  
|<   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51  
52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   >>   >|  
ous," a Russian journal remarks, "that an American firm should need a map containing all the villages and hamlets of the districts, with the number of their inhabitants, irrespective of the presence there of the company's debtors."[14] [14] _Novoye Vremya_, 5/18 July, 1916. CHAPTER IV THE ANNEXATION MANIA Another instructive example of the Annexation mania, as it displays itself in German commercial undertakings, comes to us from Russia. It is only one of many, a typical instance of a recognized method. The Franco-Russian joint-stock company Provodnik is known throughout Europe. It manufactures tyres and other rubber wares. The capital, which amounted to only 700,000 roubles at the date of its foundation, in the year 1888, had increased to 22,000,000 by the time when war was declared. It is closely connected with another company named the Buffalo, which has its headquarters in Riga and was promoted by the President of the Provodnik, M. Wittenberg, together with several Austrian capitalists. M. Wittenberg is President of both companies, and the Provodnik has assisted the Buffalo on various occasions, even during the war, notwithstanding the fact that the shareholders of the Buffalo are mostly German subjects. On January 2, 1914, another company was created, this time in Berlin, and called the "German Provodnik." Now, according to the instructions laying down the rights of the Board (Par. 24), wares may not be delivered on credit to any firm or institution for the value of more than 50,000 roubles, and not even to this amount unless the solvency of the recipient is beyond question. In spite of this clearly marked limitation the Board of the Franco-Russian Provodnik, which exerted itself with unwonted zest to supply the German Provodnik with motor-tyres shortly before the war, opened a credit of 498,000 roubles in favour of this firm. The manager of the warehouses of the Riga products in New York is a German subject named Lindner. The managers in Zurich and Copenhagen are also German subjects.[15] [15] Their names are Johann Assman and Rudolf Meyer. Cf. _Novoye Vremya_, 11/24 August, 1915. It is not to be wondered at that countries like Italy and Russia, poor in capital and industry, fell an easy prey to the ruthless German invader, who, with the help of British, French, and even Italian and Russian savings, suffocated the nascent industries of the respective nations, killed foreign
PREV.   NEXT  
|<   27   28   29   30   31   32   33   34   35   36   37   38   39   40   41   42   43   44   45   46   47   48   49   50   51  
52   53   54   55   56   57   58   59   60   61   62   63   64   65   66   67   68   69   70   71   72   73   74   75   76   >>   >|  



Top keywords:
German
 
Provodnik
 

Russian

 

company

 

roubles

 

Buffalo

 

Franco

 

credit

 

Russia

 
capital

subjects
 

Wittenberg

 

President

 

Vremya

 

Novoye

 
marked
 

limitation

 

exerted

 
unwonted
 

question


favour

 

manager

 

warehouses

 

opened

 
supply
 

recipient

 

shortly

 

American

 

remarks

 

rights


instructions
 
laying
 
delivered
 

journal

 

amount

 
institution
 

solvency

 

ruthless

 

invader

 
industry

British

 
French
 

respective

 

nations

 

killed

 
foreign
 
industries
 
nascent
 

Italian

 
savings