STINNES’ GRASP IN SWITZERLAND.

Hokitika Guardian, 3 December 1923, Page 4

STINNES’ GRASP IN SWITZERLAND.

If Lift 'Tit I ("A I, WOHKH ( OXTIIOL. I.Ai'SANNK, Oct. 10. 'I "::.,- iticu!'>lull o; the Stiinie-. groUj into ilic industrial life of Switzcilam lorn rivaled rival resentment. Tin. S'.vi-K Press is now asking where l!iipolice of peaceful absorption by CerI;i;i;>\ a ili i ml. Since ilie estahlishuielil of a branch offre at Zurich under the direction ol Colonel If a;! i, a Swiss officer whoso pro German .sympathies during the war broil gill him much notoriety, many lending Swiss concerns have come under #?niplele- or partial control of the ! Stilines croup. The chief unions these are the Swiss Genera,! If lectricity Company with which are affiliated such important organic."lions as the Klectro Hank of Zurich, the Baden lflectrieity Company and the 'Wait engineering firm in Glam*. By the absorption of the Klectro Hank Si in nos obtains the controlling interests in the following important elect rival coiuhines : ! Tim Swiss Central lflectrieity. Coni- [ pany of Lucerne. Laufenhurg Electrie Forces. The Ifleclro-Chelnical industrial works or Bodio. and The Watt company at Glams . In addition the hank is largely interested in similar enterprises in Venice. Naples. Madrid. Lisbon. Strasbourg, Constantinople, ami Finland, and in the Paris Central Electric Power Company. f ' Hv the fusion of the Baden Afolor Company with the Columbus Electrical r.urks Stinnes extended his iiillueiue to