The Bremer Cotton Exchange was created in 1872. President Andreas Wilhelm Cramer (1855-? ) wrote a fifty-year history entitled Bremen Cotton Exchange, 1872/1922 (1922). "A period covering 50 years is sure to show to the surviving and the younger generations certain milestones, which indicate a trend of human thought, or memorize important occurrences. We may look back upon mighty wars, or religious upheavals or the cruelties committed in both, or another may recall the peaceful thrifty life with its underlying romantic thought.