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Updated: June 9, 2025


"They manage these things differently in Germany. In the three banks to which we have already referred, after payment by the Deutsche Bank of 5 per cent. of the net profits to reserve, and of the ordinary dividend of 6 per cent., and by the Disconto-Gesellschaft and the Dresdner Bank of 4 per cent., the directors receive respectively 7 per cent., 7-1/2 per cent., and 4 per cent.

Besides these more formal organizations there are a number of department clubs, the Deutsche Verein, the Alliance Francaise, the Philosophy Club, the Economics Club, and informal groups such as the old Rhymesters' Club, which flourished in the late nineties, the Scribblers' which seems to have taken its place and enlarged its scope, the Social Study Circle, the little Socialist Club, and others through which the students express their intellectual and social interests.

Allg. deutsche Bibl., XIX, 2, p. 174; XII,

The propaganda and espionage center of the Henlein group was in the headquarters of the Sudeten Deutsche Partei at 4 Hybernska St. A secondary headquarters, in the Deutscher Hilfsverein at 7 Nekazanka St., was directed by Emil Wallner, who was ostensibly representing the Leipzig Fair but was actually the chief of the Gestapo machine in Prague.

I have always enjoyed the sunshine, and have sat alone hundreds of snug hours before my winter’s companion, a small iron stove. During the last three nights I have repeatedly read through your article on Celsus, published in the Deutsche Rundschau, by a tallow-candle.

We find in a late number of the Deutsche Reform, a journal of Berlin, an interesting illustration of the extent and manner in which these frauds on the Russian revenue are carried on, and translate it for the International: "The great annual tea-burning has just taken place at Suwalki: 25,000 pounds were destroyed at it. This curious proceeding is thus explained.

This man, who, as I write, is in a convict prison as a traitor, had only a week before assured the Emperor that the army was ready "to the last button" for a possible war, and the troops devoted to him. I happen to know how many thousand roubles passed into his banking account from the Deutsche Bank in Berlin as price of that lie! Poor weak Nicholas!

At the outset of the war, when the Germans were winning, Herr Albert Ulrich, of the Deutsche Bank, and chief of their Oil Development Department, speaking in perfect English, told me in a rather heated altercation we had in regard to my country that he knew the United States and Great Britain very thoroughly indeed, and boasted that the American submarines, building at Fore River, of which the Germans had secured the designs, would be of little value in the case of hostilities between Germany and the United States, which he then thought imminent.

The little circle of Germans who have displayed such brilliant organising ability in commerce and industry are practical men, who look at the war and the days to follow the war in the cold light of debit and credit. This being the case, the honest opinions expressed by Arthur von Gwinner, President of the Deutsche Bank, are worthy of serious consideration. His chief points were:

Thus I gained a friend who subsequently from a distance made it the task of his life, as far as his power extended, to serve me in a manner which, the inclination being equal in both cases, has been surpassed only by your brilliant genius. You wanted to have some numbers of the Deutsche Monatsschrift.

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