Both in England and on the Continent, Mr. Flurscheim has gained a wide experience of institutions of a somewhat similar character, and in the former country he was the propagator of a means of mutual exchange, which, in its development, is sure to afford the commercial facilities its pioneer had in view.
In literary circles he has won wide renown and frank respect by the publication of several interesting and instructive works, all dealing in the main with his favorite subject—social reform.
After disposing of this large and valuable business, Mr. Flurscheim travelled through England and France, and finally, on account of his wife's health, settled in Switzerland, where he still possesses a beautiful estate on the banks of the world-renowned Lake of Lugano.
Having successfully planted the germ of the scheme he advocated, Mr. Flurscheim left for New Zealand, and arrived on February 19, 1898, at Wellington, where he immediately commenced his labours in connection with the Land Nationalisation and Currency Reforms.
In the latter part of 1900 he removed to Auckland, where he temporarily resides, in an enviable spot in Arney Road, in the very respectable and highly favoured district of Remuera.
As an addition to the many books which he has written, both in the English and German languages, the author of the well-known “Rent, Interest, and Wages,” and “Money Island, is now engaged in completing a work which he entitles “Clue to the Economic Labyrinth.” Michael Flürscheim arrived in Wellington in 1898.
He wrote many articles and letters to the press, published a pamphlet "Business without Gold" and launched a journal "The Commercial Exchange Gazette" later renamed the "Pioneer of Social Reform".
In 1910 became ill due to an insolation (solar radiation) in Coronado California, So his wife Margaret Trommer, took the decision to return with Him and their three children back to Germany.
He was sick, tired and exhausted due to the solar radiation, and fell into depression by news of the sinking of the RMS Titanic, and the many people who died the night of April 15 of 1912