276 REPORT ON COOPERATION IN AMERICAN EXPORT TRADE,
executives, the A. E. G. is related to banks and banking groups
representing $533,234,000. These are the National- Bank fiir
Deutschland, $26,400,000; the Central-Bank fiir Eisenbahnwerthe,
$8,444,000; Baubank fir die Residenzstadt Dresden, $1,000,000;
Mitteldeutsche Kredit-Bank, $17,250,000; Bank fiir Handel und
Industrie, $48,000,000; Bank fir Elektrische Unternehmungen in
Ziirich, $34,000,000; Bank des Berliner Kassen-Vereins, $2,590,000;
Disconto-Gesellschaft, $75,000,000; Deutsche Grund-Credit-Bank,
$6,000,000; Rheinisch-Westfilische Boden-Kredit-Bank, $5,800,000;
Reichsbank, $63,600,000: Dresdner Bank, $65,000,000; Deutsche
Bank, $62,500,000; Preussische Hypotheken - Aktien - Bank,
$20,000,000; Deutsche Hypotheken-Bank A. G., $9,500,000; Mittelrheinische
 Bank in Coblenz, $5,150,000; Banca Generala Romana in
Bucharest (Roumania), $3,000,000; Brasilianische Bank fiir Deutschland,
 $5,300,000; Allgemeine Deutsche Kredit-Anstalt, $39,000,000;
Preussische Central-Bodenkredit A. G., $15,000,000; Ostbank fiir
Handel und Gewerbe, $7.500.000; and the Elektro-Treuhand A. G.,
$13,200,000.
These relationships are graphically shown on the accompanying
chart prepared from data submitted by William J. Clark, of the General
 Electric Co., and arranged according to a design suggested by
O. C. Merrill, of the same company. (Chart 2.) :
This close connection with great banking groups has assisted the
A. E. G. in the promotion of its foreign trade. These banks are directly
 interested in the success of the company; they are also interested
 in the promotion of German foreign trade, having branches
abroad for this express purpose. Accordingly they have assisted the
A. E. G. in financing many foreign undertakings in which electrical
equipment was required, such as power plants, street railways, clectric
 light plants, etc. They have also assisted in the organization of
special banks and trust companies for electrical enterprises ! (Banken
fur elektrische Unternehmungen), preferably abroad, whose especial
function is the financing of foreign electrical enterprises through the
issuance of bonds.
These banking connections also account for the credit extended in
foreign trade by the A. E. G. and the Siemens-Schuckert concern.
which is similarly supported.
The chart also shows the extonsive connections of the A. E. G. with
other important German business enterprises. Some of these, such
as insurance companies, add to its financial strength. Others are
companies manufacturing chemicals, glass, fabrics of various kinds,
iron and steel products, etc. Others are ‘mining companies, metal
buying and refining concerns. These all facilitate its purchase of
materials and supplies. Still others are transportation, light, power,

_—————— ee.
{ W. Koch, op. cit., p. 17.