Horacio Echevarrieta

Horacio Echevarrieta

Horacio Echevarrieta Maruri (Bilbao, September 15, 1870 – , May 20, 1963) was a businessman, banker, industrialist, patron of the arts, politician and diplomatic mediator.

The son of a mine owner from Bilbao, he expanded his father's activities and set up businesses in many fields, such as the merchant marine, shipbuilding and real estate.

He dealt with the German naval officer and spymaster Wilhelm Canaris and set up a project to build a German–designed submarine in Cádiz. The submarine was built under the designation of submarino E-1, but the Spanish Navy lost interest in the project and it was finally sold to Turkey, which designated is as Gür.

He acted as a mediator between the Spanish government and Abd el-Krim.

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