TRADE RECONSTRUCTION

New Zealand Herald, Volume LV, Issue 10867, 4 June 1918, Page 4

TRADE RECONSTRUCTION

GERMANY'S PREPARATIONS.

i i:',X I'LOITINT; II I'll CAPTURES, j |- - i ! LITTLE THI'ST IX WORKERS. . | [lIY Tl-.I.KCRAIH. —PRESS ASSOCIATION ■ ] | I WKI.I-! NC, TON. Monday. j ; Tin-: following view -.f the general war J . situation lias been received by the . : («< < \ ernor-G from the Secretary of j : State for the ('ninnies :—During the week : ' evidence lias accumulated of the Herman ; i policy with regard to the reconstruction , lof their trade aft«r the war. The new | German Imperial Keonomic Department is i endeavouring to exert pressure on the in- j dustrial r'asses, and is advocating the cul- , tivation r,f sentiment as essential for the. : i i construction of a world economy. The, steps which the Central Power? are taking - will make such a sentiment difficult- of at- ; tainment. (ierniany has announced that her military operations in Russia are completed, and that she desires to co-operate 1 economically with the present Russian Government. This means that she is turning her attention to her immediate need, which ' is the economic exploitation of Southern Russia.

I lie full term? of the Roumanian peace treaty, which have now been published, show that the Central Powers have aban- . doned all pretence of "no annexations and have handed over to Bulgaria the south of Doiu'udja, retaining the reft, up to the St. George mouth of the Danube, under their own joint rule. Hungarv has annexed territory in the north-western part of \\ allachia. and the frontier lino in future will pafs along the foothills of the Carpathians so as to secure for Aus- • tria Hungary complete strategical control of all entrances to Roumania. The complete control of thn petroleum industry is placed in the hands of an association directed by the Central Powers. and in case of complaints the Court of Appeal will be at Leipzig. Other proposals of the German Government for industrial reconstruction . are of an extremely anti-democratic j character. The working classes are neither |to lie considered nor consulted. Of the I 570 members of a giant committee apj pointed by the Imperial Economic Dej nartment to deal with individual inrius- ' jrie.s there are only seven representatives i of Labour. How little Germany trusts her i working classes is shown by the Govern- : ment-'s suppression of a memorandum, i prepared by the recent Inter allied Socialist | ( 'inference, which was not allowed to : reach either the Majority or the Minority . ; Socialists in Germany. j In allied countries fhe event of the ■ week has been the presence of the Prince '. of Wales in Rome at the celebration of the third anniversary of Italy's declaration of war. He was welcomed by representatives of all Italy with an enthusiasm unusual in i _ official ceremony. On the same day the 1 colours of the Czerho-S'.ovak army were I dedicated on the steps of the monument |to Victor Emanuel. During the week in '' Bohemia there have been vigorous mani I testations of Czechoslovak unanimity. Nc , j recent development is more significant thar I the progress made by the oppressed j Nationalists of Austria-Hungary in the • ; mutual co-operation and the formulation ol ' | their demands.