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73
THIRD DECADE
1919-1929
IN the nationalistic atmosphere of war the Company had found that American control, though not American technology, was a severe handicap; British Westinghouse was even refused admission to the Federation of British Industries. Moreover the future of international economic relations was very uncertain. In the autumn of 1916 Lange went to America to start negotiations, and by the following May a British holding company had been formed to buy the American shareholdings. Funds were provided by the Metropolitan Carriage, Wagon and Finance Company Limited, whose chairman, F. Dudley Docker, was considering the formation of a large electrical combine like those existing in Germany. He was instrumental in finding £1,000,000 to enable the Company to carry on its business and keep up with modern developments, and in 1918 the authorized capital of £1,395,000 was increased by £5,000,000.

The B.W. Company was now British in fact as well as name, and early in 1918 Lange and Blunt, already shorn of a good deal of executive responsibility since Magdeburg and even Maryland had become undesirable as birthplaces, resigned from the Board.

Lange was one of the corner-stones on which the success of the Company was built. He had progressive views on the function of management; he was an early advocate of high wages and payment by results, and he started the first foremen's bonus scheme. Personally he was firm, sometimes ruthless but always just. His office was always open to anyone with a genuine grievance, and at heart he was human and sympathetic. He had a commanding presence, owing little to his well-groomed figure with four-in-hand tie and pin, and an artistic temperament which found expression in music and painting. He was retained for some years as technical adviser, and it is said that on his entering the 'upper dining room' after a long absence the managers present rose spontaneously to their feet as a mark of respect and affection. As late as 1937, just before his death at the age of 81, a mention of his name at the annual gathering of long service members was greeted with loud and prolonged applause.