V. I.   Lenin

NOTEBOOK “α”

(“ALPHA”)


 

WERNER ON CONCENTRATION IN THE RUHR MINING INDUSTRY

G. Werner, “Concentration of Capital in the Ruhr Mining Industry”, Die Neue Zeit, 1913, p. 138 (October 25, 1912).

Ruhr area:

1) Deutsche Bank group:

4 persons are directors or board members in four banks:
{{ (α) Deutsche Bank . . . . . . all 4
(β) Essener Kredit-Anstalt . . 2 of them
(γ) Essener Bank-Verein . . 2 ” ”
(δ) Bergisch-M\"arkische Bank 2 ” ”

Mines within this bank’s “sphere of influence”:

20 mines— 66,233 workers; 18.6 mill. tons (1907) ||
72,594 ” ; 19.3 ” ” (1910) ||

2) Dresdner Bank and Schaaffhausenscher Bankverein
group:

9 persons are directors or board members in both banks.
This group controls:
7 mines— 23,269 workers 5.98 mill. tons (1907) ||
27,963 7.2 ” ” (1910) ||

 
[BOX:]
Mines? “Werke” or “Zechen”
Magnates of capital Chief banks Firms, no. of mines, etc. 1910
Workers (000) Tons (mill.)
4 persons—“personal union” of 4 banks Deutsche Bank +3 other banks (Deutscher Bank-konzern)
(20 mines) α
72.6 19.3
Haniel Private property and mine Gute Hoffnungsh\"utte (2 mines) γ 35.1 9.9
Kirdorf Discontogesell-schaft Gelsenkirchener Bank Aktiengesellschaft δ (1) 34.4 8.5
Stinnes Discontogesellschaft Private property and Deutsch-Luxemburger δ (2) 34.6 9.1
Berliner Handelsgesellschaft Harpener Bank Aktiengesellschaft ε (1) 25.9 7.1
9 persons—“personal union” Dresdner Bank, Schaaffhausenscher Bankverein Dresdner-Schaaffhausener Banken β (7) 28.0 7.2
Berliner Handelsgesellschaft Hibernia Aktiengesellschaft ε (1) 18.3 5.4
Thyssen γ (1) 16.2 3.9
Krupp γ (1) 12.2 3.1
Fisk (1) 11.1 2.3
Σ = 288.5 75.9
Total in Ruhr area 354.2 89.3
% of these firms 81.5 85
No. of mines Workers (000) Mill. tons
&alpha) 20 72.6 19.3 Deutsche Bank
&beta) 7 28.0 7.2 Dresdner Bank + Schaaffhaiisenscher Bankverein
γ) 4 63.5 16.9 3 magnates
δ) 3 69.0 17.6 Discontogesellschaft
ε) 2 44.2 12.5 Berliner Handelsgesellschaft
Fisk) 1 11.1 2.3

“In the Ruhr mining industry the interests, of the whole nation come into conflict with the interests of a quite insignificant number of capitalists, who number hardly one hundred” (p. 144).

[[BOX-ENDS: Incidentally, this article deals with the question of whether or not the syndicate will be renewed. Consult Conrad’s chronicle for this period (October-December 1912, etc.). ]]


Notes

  RAVESTEIJN ON THE BALKAN PROBLEM | MEYER (CAPITAL INVESTMENT) AND SOURCE REFERENCES  

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