KAISERS BAD INVESTMENT.
It is not generally known that the capture of certain of the ships of the WoerAann Line, recently announced, was a direct blow at the pocket of the- Emperor William. Until a few years ago the Woermann Line was a private enterprise of the Woermann family, but, on the death of the head of the firm, the business was turned, for family reasons, into a limited liability company. Still later a controlling interest was acquired by the Hamburg-American Company and the Kaiser himself, the sum paid Ijeing a very huge one, the Empercr investing a large portion of his savings in this very prosperous concern. He has now lost that proportion of his money, which is represented in the captured vessels, and also, it is to be hoped, the exclusive privileges which his line had for trading with what have been German colonies in Africa.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19150118.2.99
Bibliographic details
New Zealand Herald, Volume LII, Issue 15820, 18 January 1915, Page 6
Word Count
148KAISERS BAD INVESTMENT. New Zealand Herald, Volume LII, Issue 15820, 18 January 1915, Page 6
Using This Item
NZME is the copyright owner for the New Zealand Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.
Log in