Banking in Switzerland [Continued]

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Banking in Switzerland [Continued] Banking in Switzerland [continued] Autor(en): Knop-Booth, Werner G.J. Objekttyp: Article Zeitschrift: The Swiss observer : the journal of the Federation of Swiss Societies in the UK Band (Jahr): - (1935) Heft 734 PDF erstellt am: 04.10.2021 Persistenter Link: http://doi.org/10.5169/seals-695688 Nutzungsbedingungen Die ETH-Bibliothek ist Anbieterin der digitalisierten Zeitschriften. Sie besitzt keine Urheberrechte an den Inhalten der Zeitschriften. Die Rechte liegen in der Regel bei den Herausgebern. Die auf der Plattform e-periodica veröffentlichten Dokumente stehen für nicht-kommerzielle Zwecke in Lehre und Forschung sowie für die private Nutzung frei zur Verfügung. Einzelne Dateien oder Ausdrucke aus diesem Angebot können zusammen mit diesen Nutzungsbedingungen und den korrekten Herkunftsbezeichnungen weitergegeben werden. Das Veröffentlichen von Bildern in Print- und Online-Publikationen ist nur mit vorheriger Genehmigung der Rechteinhaber erlaubt. Die systematische Speicherung von Teilen des elektronischen Angebots auf anderen Servern bedarf ebenfalls des schriftlichen Einverständnisses der Rechteinhaber. Haftungsausschluss Alle Angaben erfolgen ohne Gewähr für Vollständigkeit oder Richtigkeit. Es wird keine Haftung übernommen für Schäden durch die Verwendung von Informationen aus diesem Online-Angebot oder durch das Fehlen von Informationen. Dies gilt auch für Inhalte Dritter, die über dieses Angebot zugänglich sind. Ein Dienst der ETH-Bibliothek ETH Zürich, Rämistrasse 101, 8092 Zürich, Schweiz, www.library.ethz.ch http://www.e-periodica.ch December 7th, 1935. THE SWISS OBSERVER. 1815 MITTELHOLZER & TSCHIFFELI at St. Georges Hall. The last Film Show of 1935 of the Nouvelle Geographical Society, to whom lie lectured on his A second film gave us a vivid demonstration Société Helvétique took place ou Saturday, at St. arrival in New York. of what is called " blind flying." We were trans- Georges Hall, Tottenham Court Road, and, as It would be futile for me to attempt giving ferred into the compartment of the pilot's cabin, both be usual, performances registered a " full a description of the wonderful views thrown on this can no more termed " the cockpit " resem- house." the screen, but I may say that these slides easily bling more an office bristling with all sorts of is not often that the Swiss Colony in Lon- surpassed anything I had previously seen. A instruments. The best, the most reliable and the It most instruments have been don has the opportunity to be addressed, from the sunset in the Andes, life in an Indian village ; up-to-date procurable The wireless same platform, by two such famous men as hanging bridges across rivers, the mere sight of installed. equipment represents the Walter Mittelholzer and A. F. Tschiffeli. which make you shudder, picturesque plains, very latest as created by the radio technicians, Both are equally famous in their individual rivers of which the lecturer swam at least two consisting of a transmitting station, a sound direction finder and, on short spheres ; they have spread the name of Swiss en- hundred on his journey. Inca ruins which working ultra wave terprise, courage and tenacity far beyond the afforded him great scope for archaeological study. lengths, an installation for blind landing. frontiers of our country. — Through Mexico the lecturer even had an An absolute novelty is provided by the Men like these kindle the flames of adventure escort of a troop of cavalry to protect him from "Automatic Pilot" which can be put into opera- in the hearts of young and old alike, and recall the bandits and revolutionaries, terms which in tion at will. It is intended to relieve the pilot of be in us the famous deeds of our forefathers ; and Mexico seem to identical. purely manual tasks and is a great help, particu- enables give us proof that this spirit is still alive. Nowa- M. Tschiifeli went on for over an hour, cover- larly during long flights. It the pilot to devote himself the days, one is apt to judge the standard of courage ing in that short time a journey that had taken more to task of navigation, whereas in former days the aviator and principally by deeds performed on battlefields, two years to accomplish. One could have gone was pilot at the same time, the there is, however, equal glory to be allotted to on listening, for the lecture was never tiring as navigator now autqnratqp those who penetrate foreign lands and regions on the lecturer from his subject takes over the duties at the helm, leaving the pilot apart interesting free and calculate his a more peaceful mission; true enough they do not had a stock of humour to draw to study course. Air navi- great dry upon in the abstract and have to face guns, tanks and poison gas, but they as well. — gation especially navigation have to battle with a more formidable enemy, who by wireless has become a science in itself. — As an encore, M. Tschiffeli produced a Gen- is equally unmerciful in his fury, they have to * if stand against the tempests of nature. They tleman who entertained the company with some up lasso face death as surely and bravely as those amazing rope and tricks. Like the previous lecturer, Mr. Mittelholzer just received who hurled each other on a bloody The acclamation which a hearty ovation at the conclusion of his are against prolonged was given nanative. battlefield. — to the lecturer was an unmistakable proof of the interesting We have to thank the Nouvelle Société Hei- enjoyment which the audience had derived from In my capacity as " official reporter '' to the lecture. vétique for this welcome opportunity to pay our this Swiss Colony, I have witnessed a good many per- •a- -i:- *• tribute to our countrymen who will both occupy formances of one kind or another during the last in the history of our country a honoured place. — The Swiss Minister, Monsieur C. R. Paravicini, few years, but seldom have I attended a function who accompanied by his two daughters, con- which has pleased me than the one of last the and enthusiastic was more, M. A. F. Suter, energetic the President of the Society on having Friday, and hearty thanks are due, not to the N.S. the gratulated only President of H. opened performance been able to fix such splendid " fare " for the the two lecturers, but also to the Nouvelle a previously, as a sort of with short address; members of the Swiss Colony in London. He Société Helvétique. It was an afternoon well T. us a selection OMterturc, Mr. M. Newman, gave mentioned, amongst much applause, that the spent. of records from his large repertoire gramophone Swiss abroad have every reason to be proud of of Swiss Folk tunes. — the- achievements of their compatriots, to whom »87'. M. A. F. Tschiifeli, who leaped to fame he expressed the gratitude of the company for through his book " Southern Cross to Pole Star " having come to lecture to us. — was the first to address the audience. For those * * ' % BANKING IN SWITZERLAND. of our readers, who have not yet made the Amongst great applause Mr. Mittelholzer By Werner G. J. Knop-Booth. acquaintance of our celebrated countryman, we he needs then appeared on the platform, but little /I« nfce r.s- J/ ar/«U/(O. repeat a few biographical notes which we have biographical introduction because his name has »Swiss (Co wf in ued). published previously in the Observer. become a household word at home. We might, M. Tschiifeli is a mpipber of an old Swiss however, mention that he holds the Gold Medal of A third setback was experienced in family, which has been settled in Neuville, — the the Swiss Aero Club, and those of several foreign June, when prior to the moratorium of the lovely little town, which still keeps its mediaeval institutions, such as the French and the Austrian Banque Commerciale rumours spread about the character, on the slopes of the Jura mountains — ones, as well as the one of the International difficulties of the bank. The declaration of the lie has for two centuries ; and since then has played an League of Aviators. In addition published moratorium was then followed by a certain im- honoured part — as the municipal records show no less than half a score of books, not to mention provement in bank share quotations. of the his to geographical and flying maga- — in the life of the town. Another branch contribution No zincs. He enjoys a honoured name as a scientist, doubt the public has on occasion been family settled in Berne. rather too in as the result of iiis explorations which have gloomy its assessment of the bank- Tschiifeli left Switzerland at an early Aimé largely contributed to the knowledge of geology, ing position. Even if one takes into account a and school for some in Malvern. losses age, was at years geography and ethnology. Mr. Mittelholzer is, maximum of further which the joint-stock He lived in England for a few adventurous banks sustain years, of course, also a Director of the famous " Swiss- may from their foreign commit- playing professional football, boxing proles- air " Co., of Switzerland. ments, there would be still sufficient justification sionally, and " living dangerously " in general. for a higher share price level. The excessive Later on he emigrated to the Argentine, This fearless aviator, who lias during the last pessimism of the towards bank shares has in public where a branch of the family had settled some few years flown over the Alps a hundred times had a rather unfortunate reaction on the position years before. Here lie became a schoolmaster all varieties of weather and under all conditions, of the banks themselves. By creating additional principally because of his unusual ability for Ian- has also crossed over many continents of the distrust m their integrity it only aggravated their the of a guages, but his heart was in the open reaches of globe.
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