1926-01-18 — Page 9

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SECRET ANNALS,

HOLSTEIN'S LIFE PASSION: GAMBLING ON THE BOURSE.

The

One by one, says the Berlin correspon dent of the Daily Telegraph, the big reputations of Wilhelmina Germany are ruthlessly blown to smithereens. latest to go is that of Baron Holstein, the man

who, from Bismarck's fall until his own retirement in 1906, dictated the policy of the Wilhelmstrasse, and who, by deliberately traversing the attempts in the opening years of this century to bring about an Anglo-German alliance, burden- ed his memory with almost as much res ponsibility for the outbreak of the Great War as must be borne by Admiral Tirpitz. In its way tho exposure of Baron Holstoiu ́ is the most astounding of-all the post-war revelations in Ger many. Many detested his policy, but no ona questioned his personal probity. His admirers said that with him patriotism was an obsession, and, polities "a faunti- cism. To his enemies he was one of those perverse creatures who from behind the scenes pull the strings that move the chief actors on the political stage, but are content to gloat over their power in secret as the misor does over his hoard of gold. That he was seriously influenced by other "motives than those of his office nct even those most closely associate with his work ever imagined for one

moment.

-To-day Germany learns with amaze ment that the real passion of Holstein's life was gambling on the Stock Exchange, and that from day to day, and even from bour to hour, he systematically made speculative use of diplomatic secrets, of which he probably knew more than any other man in Europe. It is no vague, nnsubstantiated charge that is raised against the Grey Eminence, as he was called among his colleagues, after the Capucin Father Joseph, Richelieu's collaborator and inspirer. Never was a sudden, belated, and unexpected accu- sation more overwhelmingly proved. In its issue of this, morning the Berliner Tageblatt prints as an opening instal Sent two whole pages of the letters which Holstein wrote to his bank from the Foreign Office with instructions to take advantage of this or that piece of con idential official information for the pur pose of this or that investment.

AMAZING DISCLOSURES.

For

Haron Holstein's peering, spectacled gyes kept an equally alert watch on both home and foreign politics. Now it would. be the assassination of President Carnot, now the impending resignation of a Prussian Minister, now a confidential re- port of Professor Koch on the outbreak of cholera in Hamburg to which be directed his broker's attention, with cor- responding suggestions that these events should be utilised on the Bourse. thirty years hardly a day passed with. out one of these letters being written. Sometimes there were two or three of them in one day. As appears from the correspondence, they were always sent by ordinary or pneumatic post. Messengers were avoided as potential witnesses to the illicit traffic. Holstein was also extraordinarily cautious in his personal meetings with his banker. On one occa sion he wrote that he had intended to. visit him, but had turned back on getting the Impression that he was being watch ed. In fact, he observed all the precau tions of a practised conspirator, and observed them very effectively, for he was never detected.

He

These disclosures are all the more astonishing because Holstein was believ ed to have lived quietly, and to have died poor. In his frumpish old clothes, the thin, grey-bearded little bachelor looked like a seedy bookkeeper, desiccated by long years of poring over ledgers. lived in three sparsely furnished, cil. lighted rooms in a mean street of a not over-reputable quarter of Berlin, where he was looked after by a white-haired housekeeper. Society never saw him in ita halls, and his one indulgence was the German midday dinner at a first-class restaurant-be was reputed to be fastidious epicare. So that any fortune he may have accumulated by his long misuse of his official position was not spent with the profusion that generally accompanies the gambling menia,

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CIVIL AVIATION. SIR S. BRANCKER ON ITS FUTURE

"Aviation and the British Empire was the topic of discussion at a disner of the Imperial Industries Club, held at the Waldorf Hotel last month, when Air Vice-Marshal Sir Sefton Brancker (Director of Civil Aviation) was the principal guest.

:

HONGKONG METEOROLOGICAL

REGISTER

Hongkong Observatory, January 17th.

Previous On Date On Day

Day

Barometer

at

at

at 2 p.m.6 8.m. 2 p.m.

30.03 29.08 29.95

63

60

46

22

W

E

DE

0,00 0.00

Highest open-air Temperate on 16th Lowest open-air Temperature on 17th

HONGKONG TIDE TABLE.

From Jan. 18th to 24th; 1926. HIGH WATER.

Days.of.

Mouth.

Days of

H'kong

Standard

Time.

Height.

h. m. ft. in.

-0.00

LOW WATER

Hong

Standard

"Time.

passengers, and in 1993 the figures wore 943,000 miles and 15,500 passengers, and this year with much the same mileage there had been considerably more passen- gers. Their policy had been to put civil |

a commercial basis. Al aviation on though so far the results had been dis appointing we were getting nearer to making it a commercial proposition than empentare anyone else. If the French continued as an they were doing they would never reach Wind Direction. the commercial basis. Their policy, ap, Force Bir Sefton Brancker, in introducing peared to be one of extravagance, whilst Weather...

* cocouraged a policy of parsimony. Eain. the subject for discussion, reviewed the growth and development of air transport The Government policy was to shoulder during the past six years. The more he responsibility in catablishing links be

tween different parts of the Empire, but saw of it, he said, the more he was convinced that it was going to be of vital they must be absolutely responsible for importance to the British Empire. It their internal lines: He regarded air might be claimed that the actual results transport es being as necessary to the Covernmenta British Empire as military aviation, and had been disappointing. had changed their policy several times, our aircraft industry as important as and for the past eighteen months no shipbuilding in the pust, and it was up to us to see that it went on. (Hear, bear.) It assistanes had been given to air trans- port. As to the danger of flying he would provido enormous resources in mentioned that during the past six years times of great national crisce. If we lost 02,000 passengers had beca, carried across our lead other countries-America, Ger- the Chancel and 4,400,000 miles had been many, France, and Holland-would carry corored-about 178 times round the on, and we should lose the lifeblood of Mon. 18

our national defence. (Hear, hear.)..

In the course of a discussion, Major J. equator and during that time there had been four fatal accidents to passengers. There were very few other forms of trans W. Hills announced with regret that he port covering the same distance that had had been obliged to resign his position Wed 20 m Only a couple of weeks ago the same only had four fatal accidents to passen as a director of Imperial Airways, as he Ther. 21m paper which has now destroyed Holgers Unreliability was our worst crime was now a member of Parliament. He stein's reputation for bonesty printed to-day, and the reasons for this were two expressed his firm belief in the future of Fe. 22 m 4 2848m 10. letters showing that in 1870-71 a Prussian fold-the weather and mechanical defects, commercial aviation, and that it would Court marshal and an aide-de-camp of Attention was being paid to stability, pay within the next few years. He re- Batur 23 William I-the.names were not given and experiments were being made. Iferred to the difficulties it had to over exploited on the Stock Exchange their was hopeful that, in two years our come, and stated that it could claim to Sp confidential knowledge of the events of machines would be able to ly through assess the best pilots in the world. the war against France, and especially the air as easily as a boat sailed on the (Hear hear.). of the secret negotiations for peace with water, and that they would maintain j Jules Favre. In their telegrams from their balance without human aid. Versailles to their bankers in Berlin they (Cheers.) He attributed most of the made use of a code in which "his Royal troubles of the Imperial Airways to water- Highness requires many more cigara " cooling, valve trouble, and oil pressure OP. Anderson meant circumstances are very favour. We were getting away from the water N. G. Beale able for buying," Coming on top of cooling trouble; the others were & matter P. Caron this revelation, the exposure of Holstein of design. We were now on the point of J, U. Cook is a staggering blow to the Monarchiste, changing from the wooden to the all W. A. Dowley who have been making so much of the Socialists.connections with the firm of Barmats. The indiscretions of the latter party with big business men must ap pear as trifling peccadilloes in compari. Bon with these flagrant improprieties of leading mon of the old régime.

The Reichsbank has reduced the dis count rate from nine to eight per cent.

Bagen

HOTEL RESIDENTS.

HONGKONG HOTEL

metal machine, a process they murt Geo A. Falait realise could not be done in five minutes Mr & Mrs. J. Gould

Gregory because they had to break down the Opposition to metal, but the change was Wag coming

Misses A&F.

Hamilton On the question of fares, he clained W. H: Barkness. that on the average every hour that "was | J, J. Johnstone saved by travelling by air only cost 3. J. E. Joseph. 30. Cross-Channel air transport in 1921 Mr & Mr B. J. Lacon represented 221,000 miles, with 5,200 Miss H. Lillie

(Continued on hert Column) A. G. Neave

Mr & Mrs G. Oiten H. Pearman Mr & Mrs H.Priestley B. J. Pearce G. H. Potts

Riddell

W. Bico Mr & Mrs C. 3.

0. B. Shank 1.8. W. Smith Mis D. Thompson Capt. Wiedman G. Wragge Mr & Mr J. F.

B. Wyht

Toes. 19

1 25 4 6 m 646

5.46 707 84

2 25 a 4 7 649

1.8652823

3 20.1.2 8 14

39 649 13.19 4.17 5:2

24

324 5.54 af G. 7.11

•

8 38

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