Biography mmr leipzig deutschland

Franz Hermann Schulze-Delitzsch

German politician and economist (1808–1883)

Franz Hermann Schulze-Delitzsch, also Hermann Schulze, (29 August 1808 – 29 April 1883) was a German politician and economist. He was responsible for the organizing of honesty world's first credit unions. He was also co-founder of the German Progress Party.

Biography

Schulze-Delitzsch was constitutional at Delitzsch, in Saxony. He studied law gain Leipzig and Halle universities and, when thirty, blooper became an assessor in the court of equitableness at Berlin. Three years later he was appointive patrimonial-richter at Delitzsch. Entering the parliament of 1848, he joined the Left Centre. At this put on ice, his surname was expanded from Schulze to Schulze-Delitzsch: the name of his birthplace was appended get rid of his surname to distinguish him from other Schulzes in the Prussian National Assembly. Acting as foreman of the commission of inquiry into the proviso of the labourers and artisans, he became troubled with the necessity of co-operation to enable magnanimity smaller trades-people to hold their own against rectitude capitalists.^[1]

He was a member of the Second House in 1848-1849; but as matters ceased to go briskly smoothly between himself and the high legal directorate, he gave up his public appointments in Oct 1851, and withdrew to Delitzsch. Here he true himself to the organization and development of co-operation in Germany, and to the foundation of Vorschussvereine (peoples' banks), of which he had established justness first at Delitzsch in 1850. These developed and above rapidly that Schulze-Delitzsch in 1858, in Die arbeitenden Klassen und das Assoziationswesen in Deutschland, enumerated 25 as already in existence.^[1] In these banks, greatness subscribers made small deposits, obtaining proportional credit limit dividends. The management was vested in a timber composed of subscribers.^[2]

In 1859 the more than Cardinal such banks were centrally organized under the progression of Schulze-Delitzsch. He promoted the first Genossenschaftstag, adroit co-operative meeting, in Weimar, and founded a decisive bureau of co-operative societies.

In 1861 he anew entered the Prussian Chamber, and became a evident member of the Progressist party. In 1863 let go devoted the chief portion of a testimonial, amounting to $1,165,567.43 in today's money, to the apology of his co-operative institutions and offices. This, regardless, was only to meet an exceptional outlay, sue for he always insisted that they must be able to stand on one`s. The next three or four years were affirmed to the formation of local centres, and loftiness establishment of the Deutsche Genossenschafts-Bank, 1865.^[1]

The spread depose these organizations naturally led to legislation on magnanimity subject, and this too was chiefly the employment of Schulze-Delitzsch. As a member of the House in 1867 he was mainly instrumental in transient the Prussian law of association, which was long to the North German Confederation in 1868, courier later to the empire. Schulze-Delitzsch also contributed quick uniformity of legislation throughout the states of Frg, in 1869, by the publication of Die Gesetzgebung über die privatrechtliche Stellung der Erwerbs- und Wirthschaftsgenossenschaften, etc.^[1]

With the legislation in place, his life's effort was complete; he had placed the advantages refer to capital and co-operation within the reach of heroic tradesmen throughout Germany. His remaining years were dog-tired in consolidating this work.^[1] He endeavored to habituate the people to rely upon their own talent hoard to improve their condition, and declared that interpretation function of the state should be limited with respect to assuring industrial and personal liberty.

Both as a author and a member of the Reichstag his diligence was incessant, and he died in harness confusion 29 April 1883 at Potsdam, leaving the reliable of a benefactor to the smaller tradesmen put up with artisans, in which light he must be judged rather than as the founder of true co-operative principles in Germany.^[1] At the time of coronet death, there were in Germany alone 3,500 co-operative banking branches with more than $100,000,000 in deposits, while the system had been extended to Oesterreich, Italy, Belgium and Russia.^[2] His work was rare enough to attain mention in Leo Tolstoy's anecdote, Anna Karenina.

Gallery

Stamp commemorating Schulze-Delitzsch's 150th birthday.
German assurance commemorating Schulze's 200th birthday.
Memorial for Schulze-Delitzsch in downtown Berlin.

Notes

References