Germany's Great Bank.

Horowhenua Chronicle, 11 May 1910, Page 4

Germany's Great Bank.

Germany's greatest financial institution, the Deutsche iiank, \rns 40 years old last month. Founded on tiie eve of the Franco-Pru&skun war, m June 1870, the growth of ■the Deutsche Rv.uk has been coincident with the rise of modern Germany. It has, indeed', played a most coinspiciious part in tlie devetopnient of the Fatherland's world power," and is to-dny one ot the most potent factors in the creation of Greater Germany. Or-"iuiist-d with a modest capital of £75,000 niul a reserve of £1800, its balance-sheet ai tJie end of 190!) showed a capital of 10,000.ud0 and, fl reserve fund o f £y,a00,000. The bank's "turnover" since its foundation amounts to the imposing total of •'i.OuOjOno.OOO. With the exception of the Credit Lyonnais of I , ranee, and national 'note-issuing institutions like the Rank of England, the Deuisehe Bank is undoubtedly the world's premier financial establishment. It is, as is well-known, the principal owner and promoter of the Bagdad railway, and a, host of other ambitious German economic aiird political projects in the Near and Far East, Africa, .and South America. Tho presiding senilis of the hank is Herr Arthur von Gwinner.