SMALL BALANCE.
GERMANY'S TRADE POSITION. CANNOT MEET OBLIGATIONS. (United Press Association—Copyright). BERLIN, March 16, - An index of the world's commercial slump is provided by Germany's'trad© returns. Inlports in*February totalled.. 347,000,000 reichmarks, a decline of, 93,000,000 on last year's., Exports'at show' a decline' of 154,000,000, . . .'•' . : "■■■■'■■■ Economists have long been emphasising the point that the shrinkage of the trade balance has reached a stage at which it has become impossible to meet external commitments. Herr Hitler had a lengthy conference with Dr. Luther (President of the Reichsbank) Avhose resignation is still . regarded as probable. It has previously been stated that, ' according to rumour, Dr. Luther was prepared to resign from the presidency f o,f the Reichsbank rather than finance Hitler's unemployment programme. Dr. Kialmjir Shacht, a former president of the bank, was mentioned as. a likely successor.
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Bibliographic details
Ashburton Guardian, Volume 53, Issue 133, 17 March 1933, Page 5
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135SMALL BALANCE. Ashburton Guardian, Volume 53, Issue 133, 17 March 1933, Page 5
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