GERMAN TRADE MENAGE.
LOW WAGES THE REASON. MR. MACBONAXD'S VIEWS. B POSSIBLE CONSEQUENCES. (By Cable.—Press Association. -Copyright.i *' (Received 12.30 p.m.) LONDON. April 12. Mr. Ramsay Mac-Donald, in a sped: ! interview with the "Daily Herald," ex- ' tensively examines the menace of German competition. Mr. Mac-Donald advocates encouraging T German workmen to fight for higher wages- ami shorter hours. If that is not achieved sweated goods will continue to ' i menace us. and Europe will be dragged down to Germany's economic level. Her low consumption reduces our selling ( opportunities. At the same time herr '• own production on low standards ham- * pers ours. Mr. Mac Donald believes that concerted action through the Amsterdam Internationale will dissipate some diffi- i culties confronting British workshops. — (A. and N.Z. Cable.) : WOOD ALCOHOL SUBSTITUTE. U.S. TRADE THREATENED. (Received 11.30 a.iv.'i ( NEW YORK, April 12. < America's wood alcohol industry, worth j ! £20.000.000 annually, is threatened with j \ extinction because the Germans are niak- ' ' ing synthetic Methanol from water gas. J I and are shipping huge quantities to [America. — (A. and N.Z. Cable.) ] I =======
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Auckland Star, Volume LVI, Issue 86, 13 April 1925, Page 5
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175GERMAN TRADE MENAGE. Auckland Star, Volume LVI, Issue 86, 13 April 1925, Page 5
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