TWO MEN EXECUTED.

Auckland Star, Volume LXX, Issue 303, 23 December 1939, Page 9

TWO MEN EXECUTED.

One " Sought To Incite Germans

Against Nazis."

YEAR'S BEHEADINGS TOTAL 41. (Received 1 p.m.) BERLIN, December 22. Two men were executed for high treason. One allegedly "sought to incite the Germans against the Nazi Government through spiteful posters." The year's beheadings total 41. TRADE PACT SIGNED. Rumanian Oil For German Armaments.

EXCHANGE BATE FIXED.

LONDON, December 22.

A trade agreement between Rumania and Germany has been signed. Rumania is to'supply 1,156,000 tons of oil a year, and to stabilise the prices of products in which Germany is interested; and is reciprocally to receive armaments from Czeelioslovakian firms for which she already holds credits. The exchange rate has been fixed at 49.5 lei to one reichmark.

. Commenting on the pact the United Press correspondent at Bucharest says diplomats believe that the reported German pledge to guarantee Rumania's frontiers is genuine.

The Bucharest correspondent of the "New York Times" says the new rate of exchange will enable Germany to Miy Rumanian goods 22 per cent cheaper, and give her an advantage over Britain and France in competition for Rumanian oil and wheat. It will reduce the German debt to Rumania by 132,000,000 lei.

It is likely that German exports to Rumania suffer unless adequate compensation is arranged.

It is believed that Italy will benefit most.