V. I.   Lenin





The electrical industry trust:

“The Path of the Electric Trust” by Kurt Heinig (Berlin). (Die Neue Zeit, 1912) (June 28, 1912), 30th year, Vol. 2, p. 474.)

An excellent illustration of imperialism[1] :

In 1907, an agreement was concluded between the A.E.G. (Allgemeine Elektrizit\"ats-Gesellschaft) and the G.E.C. (General Electric Company)

A.E.G. Concern
G.E.C. Trust
on division of the world.

G.E.C.—U.S.A. and Canada.

A.E.G.—Germany, Austria-Hungary, Russia, Holland, Denmark, Switzerland, Turkey, the Balkans.

(mill. marks)
No. of
Net profit
(mill. marks)
G.E.C.(U.S.A.) 1907 252 28,000 35.4
1910 298 32,000 45.6

A.E.G. (Germany) 1907 216 30,700 14.5
1911 362 60,800 21.7

298+262=660 million marks

__ __ || Special (secret) agreements on “subsidiary companies”. “In addition, mutual exchange of inventions and experiments!” (p. 475). N.B. ||

The number of companies (mostly joint-stock companies) in which the A.E.G. “has a controlling interest” is 175–200 (p. 484). Of these, the six chief companies have a capital of about 750 million marks, while the total capital of all of these companies is probably about 1,1500 million marks.[2]

The number of “manufacturing companies” is 16

[[TRIPLE-BOTTOM-LEFT-TOP BOX ENDS: production of rubber—cables—quartz lamps—insulators—railway signals—motor cars—typewriters—aircraft, etc. ]]

|| N.B. Production of raw material, etc., by the same enterprise is characteristic of modern industry.

1) The number of direct A.E.G. agencies abroad = 34 (of which 12 are joint-stock companies)[3]

1) 1. St. Petersburg
and Warsaw
7. Rumania Altogether
in ten
8. Vienna
2. Lisbon 9. Milan
3. Christiania 10. Copenhagen
4. Stockholm
5. Brussels
6. Paris (((colony?)))

The two firms work jointly[4]
Amer- ica
Ger- many
General Electric Co. (G.E.C.)
Westinghouse Co.
Thomson-Houston Co. &arrow; &arrow; Edison Co.
(merges with the Edison Co.
in Europe it estab- lishes the firm: French Edison Co.
In Europe it establishes the firm: Union Electric Co. (Union-Elektrizit\"ats-Gesellschaft)
merges with the A.E.G.
the French firm trans- fers its patents to the German firm:
Allgemeine Elektrizit\"ats Gesellschaft (A.E.G.) (=A.E.G.)
Allgemeine Elektrizit\"ats-Gesellschaft
Siemens and Halske-Schuckert
The two firms work jointly
[[BOX-ENDS: denotes a merger = merger establishment of a new firm (to which arrow points) by the old one. ]]

||| N.B. ...“there are no other electrical companies in the world completely independent, at least, of these two (A.E.G. and G.E.C.)” (p. 474)....[5]

1900–7; (1912) 1912–2. A.E.G.
Felten and Lahmeyer (1900) A.E.G.
Felten Lahmeyer and Guillaume Union A.E.G.
Siemens and Halske-Schuckert
Siemens and Halske-Schuckert Berg- mann
Siemens and Halske Schuckert and Co. Berg- mann

Kummer (quickly lost impor- tance) failed in 1900 (Riesser)


[1] See present edition, Vol. 22, pp. 247–48.—Ed.

[2] Ibid., p. 230.—Ed.

[3] Ibid., p. 247.—Ed.

[4] See present edition, Vol. 22, p. 247.—Ed.

[5] Ibid.—Ed.

[6] Ibid.—Ed.


Works Index   |   Volume 39 | Collected Works   |   L.I.A. Index
< backward   forward >