f HE STTTTDAT OREGOXIJJf, PORIXATTD, AUGUST 37. 1911.
V -
n
German Kaiser Makes Numerous Big Invest-,
ments and Cultivates Captains of Industry
Duke of Connaught. Partial to American Se
curitiesKing of Greece Speculates in Amer
ican Grain Influence of Money Kings on the
Destinies of Nations.
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BUSIMESS
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WHEX Empror Wllltmin uccd
d to the crown he on everal
occjkilonm. in the court of pub
lic peeche. v eipreion to the
coDTlctlon that his noblea contltuted
the principal bulwark of hl throne.
The experience acquired during the
court of an eventful reign of IJ tr
haa tended to entirely change theie
rlewa, which he had Inherited aa a
rherUhed tradition from a Ions line of
ancestors, and ho has of late given
numerous demonstrstlons of the fact
that he looks upon the captains of In
dustry and trade as brine a source of
far greater strength to the empire and
to his dynasty than the aristocracy.
Make Fn Orrr Morgan.
The Kaiser goes out of his -ay to
cultivate not only Oermsn. but also
foreign, financiers. He struck up a
great friendship with the late Cecil
Rhode, holds fir Krnent Tassel and
Lord Reelstoko In partlculsj-lv high
regard, and the other day UtisTNi the
most exceptional attention on J. nT
pont Morgan, decorating him with the
Grand Cross of the Order of the Ked
Eagle (which neither Count John Bern
starff nor the majority of his fellow
Ambassadors of Germany abroad pos
sesses), and waived all rules and regu
lations of the Imperial Yacht Club oD
Germany In order to secure the Im
mediate admission of Sir. Morgan to
membership. Just as If he had been a
reigning sovereign.
If any one were to be asked to desig
nate the closest friends, the most
trusted confidants, and most Intimate
cronies of the Kaiser he would name
them, besides Prince' Fueretenberg.
Albert Balltn. head of the Hamburg
American line, a Jew by faith, and upon
whom William has repeatedly pressed
the acceptance of the portfolio of a
Cabinet Minister, but without avail.
Only a fortnight ano the Emperlor
bestowed another public token of his
regard and friendship for Balltn. who is
generslly credited with exercising far
greater Influence upon his sovereign
In all matters than even the Chancellor
of the Empire.
Nor must It b forgotten that when
the Kaiser sent his brother to this
country, during the Presidency of Theo
dore Roosevelt. Prince Henry received
Instructions to devote himself more to
the cultivation of the acquaintance of
the great American Captains of In
dustry and Finance than to statesmen
or politicians.
The Emperor has even gone a step
further. For not only has he caused his
three youngest sons to undergo a com
prehensive course of commercial study,
so as to be in a position, on attaining
manhood, to approach the problems of
finance, of Industry, and of trade with
a thorough comprehension of the ele
mentary principles of business, but has
even embarked In business himself,
with the object of augmenting his own
personal fortune, and likewise con
tributing to the prosperity of the na
tion at large. ..
There are quite a number of new
reigning monarchs. and also some leas
exalted scions of the sovereign houses
of Europe, who have promoted their
personal estates, and at the same time
assisted In the economlo development
of their Fatherland by means of In
dustrial enterprises and commercial
undertakings. In many instances they
have, by reason of their lack of busi
ness training, been obliged to buy at a
heavy cost the- experience to which
they owe their ultimate success. It Is
to avert this that the Kaiser has given
his younger boys a commercial traln-
,nThe Kaiser has been subjected to a
good deal of criticism in connection
with his conception of the Importance
of trade, industry, and finance ln.tne
affairs of the Nation. He haa been con
demned unmercifully by the aristocracy
for the favor which he haa shown to
such men as Albert Ballin. and more
recently to J. Plerpont Morgan.
He ha been scoffed at for giving his
younger boys a commercial education,
and he has been .till more blamed for
Investing his fortune In domestic enter
prises rather than In foreign aecurltles.
being Scurrllously charged by malcon
tents and anti-dynasts of subordinat
ing the policy and Interests of the na
tion to those of the concerns In which
he happens to be a stockholder.
Kaiser's Business Interests.
Thus, be has some very laVge hold
ings in the Hamburg-American line,
popular attention to this being attract
ed some time ago by the detachment of
one of the officers of his household
to assume a seat on the directorate of
the company for the purpose of rep-
v "
resenting his personal interests In the
concern.
He Is likewise extensively interested
In the diamond mining enterprise" 'In
German West Africa. A recent law
emit before the Imperial Supreme Court
at Lripsic disclosed the fact that he is
carrying on a large lumber business
In connection with the vast forests com
prised in the crown domains and on his
private forests.
He derives a very handsome revenue
from his great horse-breeding estab
lishment In Western Prussia, at Tra
kenen. Is the principal stockholder in
the municipal lager beer brewery at
Hanover, and carries on an vextenslve
manufactory of pottery, especially of
majolica, on his private estate of Ca
dinen, maintaining several stores In
Berlin for the sales of the products.
These sales the Emperor does not
hesitate to push with all the vim and
vigor of an American drummer and,
thanks to this, the market for the
Kaiser's Cdalnen majodlca ware has
become so large as to excite the indig
nation of the other pottery manufac
turers of Germany, who naturally com
plain of unfair competition,
t In Sweden the late King Oscar's ex
tensive brewing interests, especially his
ownership of the great St. Erie Brew
ery, have been disposed of by his son
and successor, Gustavus, who Is a to
tal abstainer.
But the present ruler of the Swedes
retains his father's investments in all
sorts of other commercial enterprises,
hotels, manufactories, mills and mines,
and Beldom misses an occasion of prais
ing the Grand Hotel at Stockholm, in
which he is far and away the largest
stockholder. '
. Ho is likewise an extensive dealer In
real estate, and. like his father before
him, has realized large profits by buy
ing up out-of-the-way slums of the
Swedish metropolis and transferring
them Into handsome dwellings and
thoroughfares, thereby Increasing the
value of the property many times over
and at the same time contributing to
the Improvement and welfare of the
cltv. Indeed,. Stockholm owes no little
of its development to the Intelligent en
terprise of the late King Oscar, who
used to be nicknamed by his subjects,
"the Swedish Baron Haussmann."
Oscar was, llk-e his brother monarch,
Leopold of Belgium, a large stockholder
In the Sues Canal Company, and was
also Induced by old Ferdinand de I.es
seps to embark considerable sums in
the ill-fated Panama Canal Company,
from which, however, he withdrew as
soon as he acquired knowledge of the
true condition of affairs, thereby es
caping the heavy losses that overtook
the other stockholders in the concern.
Royalty Shares In Gambling.
. Oscar's widow Is rich in her own
right, her wealth being derived from
the public gambling tables which her
father, the late Duke of Nassau, used
to lease In his capital at Wiesbaden to
M. Blanc much in the same way that
the Prince of Monaco now leases the
Casino at Monte Carlo to old Blanc's
son and titled sons-in-law.
Oscar himself had no private fortune
of his own at the time of his succession
to the throne, his brother ajid predecessor,-Charles
XV, having bequeathed all
the property of which he could dispose
to his only child, a daughter, now
Queen of Denmark. Tet, at the time
of his death. King Oscar was reputed
one of the richest rulers of the Old
World.
Denmark's King has shown hlmselr
to be a wonderfully clever manager of
hia Swedish consort's property, which
he is credited with having doubled sev
eral times over by means of shrewd
Investments In home industries aa well
as In foreign enterprises. Indeed, he
is known in several of the European
money markets, notably in that of
Paris, as an exceedingly enterprising
capitalist and likewise as ready to par
ticipate in big deals and financial op
erations. In many of these he has been asso
ciated with his brother. King George
of Greece, who owes the foundation of
his now very large fortune In a great
measure to the co-operation and advice
of the late General Meredith Read, who
for several years represented the
United States as Minister at Athens.
It is the General who is understood
to have advised the King to undertake
those operations in American grain in
1876 and 1877 which the closing of
Odessa and other seaports of Southern
Russia to the export of grain, owing
to the war with Turkey, rendered so
extremely profitable.
King George, at the time when he
was elected to the throne of Greece,
was without any fortune of his own,
and a younger son of one of the poor
est princes of the blood in Europe. His
civil list is very small and has certain
ly offered no opportunities to set aside
any savings. . Yet today he is Justly
accounted as possessed of greai
wealth.
The latter cannot be said, however,
to have contributed in any marked de
gree to the welfare and prosperity of
the land of his adoption. For it has
been mainly acquired abroad and is
Invested there a wise precaution, since
thj tenure of his throne remains as
uncertain as ever and may be brought
to a close at any moment by some rev
olutionary outbreak on the part of the
people or by another pronunclamento
of the army, which, thanks to the po-,
lltical influences by which It is con-
stantly being swayed to and fro, is
probably the most ill-dlscipllned and
untrustworthy military force of any
civilized country In Europe.
Xobles as Brewers.
The royal family of Bavaria have
from time Immemorial been known to
fame as the- principal brewers of all
Germany. The famous Hofbrau Haus,
or royal brewery, was established in
September, 1589. by Duke William of
Bavaria. Its principal owner being to
day the nonogenarlan Prince Regent of
Bavaria.
No one who has not been in Munich
can form an idea of the grim, dingy
tavern in which the royal court beer
has been sold at retail for the last 300
years, and which forms part of th
ancient palace of the Dukes of Bavaria.
There are no waiters or waitresses,
everybody being expected to attend to
his own wants, and on the occasion of
the Kaiser's visit to Munich, he, to
gether with the Bavarian Princes who
happened to be escorting him, took
their place in line and awaited their
turn for a stone mug. which, in ac
cordance with the time-honored cus
tom of the place, they themselves
rinsed in the tank before again form
ing in line for the purpose of having
their mugs filled. Colonels and Gen
erals In full uniform are to be seen in
this line with chimney sweeps, scav
engers, students and peddlers. As soon
as their mugs are filled the Kaiser
and the Princes sit down at the rough
deal tables, which have done service
from time Immemorial, and purchase
from the perambulating vendors slices
of wurst and schwarzbrod.
It may surprise many that great per
sonages should be ready to put up with
eo much discomfort for the sake of a
mere mug of beer. A draught of the
latter is all that Is required, by way
of explanation. The beer is truly royal
and in every way worthy of the an
cient dynasty of Wlttlesbach, which
produces It. Nowhere else In the world
is it possible to obtain such beer, the
recipe for which was received by the
ducal founder of the brewery three
centuries ago from the famous brewer,
Degernberg, and has been kept as a
state secret by the soveielgn house of
Bavaria ever since.
The King of Wurtemberg is the first
boniface of his kingdom. He owns the
leading hotel, as well as the two prin
cipal restaurants of his capital. These
restaurants and this hotel have been
in the posesslon of the rulers of Wurt
emberg for over 200 years and have
been a great source of revenue to the
reigning house. Enjoying all kinds of
prerogatives and Immunities, by reuson
Concluded on Pfcg-e 7.)
MOTHER'S CHILD
The Novelty Song "Hit" Featured by Belle -Adair
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At the close) or day we u scesvi a-way wnero wo can u -iuij, auu " k""s Yi J j
For that feel-ingcama-a.-Btal-ing, On -ly loY-ers un-der-etand. When ahe mnr-miired this so grand:
Word by JOE McCARTHT
1oderato.
Mosio by AL. PI ANT ADO SI
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it- - t: 41. 4 . ..i mL Thr liven the one thai I love best, I
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n t k.. v t rli I - ver can f or - (ret her. X went
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Moth - er'a
Moth - er's
Child,
Child,
I'm era - zy "bout yon, lor - ey; Moth - er's Child, j
Yon send that feel - ing creep-ing; Moth -er'a ' Child, j
cll her "Moth - era
era - jy Then aba
Child."
miled.
fihe'a so f:w - ci - nat - ing, cap - ti - rat - ing
When aha rolled -ronnd her eyes, I thonfcht that
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You lit - tie lor - ey dor - ey, ' Coma and hug me, dar - Jing, mil you 7
Am I a - wake or elep - ing? (Omit)
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Keep my heart a - pal - pi tat - ing, Oh, .... I'm al - most wild
I was hyp-no-tized. And oh, my heart. . . went al - most wild. .....
Bba don't cara a
When aha took ma
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When I squeeze, I'm going to kill yon, Oh!
don't be so mild;
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bit for me, I know. But I'm jnst
with her lit - tie hand, I knew from
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era - ry bont her
right then on, , I i
and 111 tell her eo;
was at her command,
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.Lord, your ways 'have' set me wUd, Wild a -bout you, Moth-er's Child.....
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IPF" i m I I ' ' ' 1 JL ""'T TL 11
Copyright by Leo Feist.
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t'sed by Permission Murray Music Co.. New York.
Mother's Child,
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