GERMAN TRADE BOOM

Dominion, Volume 14, Issue 306, 20 September 1921, Page 5

GERMAN TRADE BOOM

BRITISH TEXTILE MANUFACTURERS NOT IMPRESSED EXPORTED GOODS OF POOR QUALITY By Telegraph—Press Association—Oonyrieht London, September 18. Recent telegrams from Berlin, describing the German trade boom, have not impressed the British textile manufacturers, who declare, that the boom is. fictitious and is certain to collapse quickly. German manufacturers are offering attractive quotations and have undoubtedly booked big orders in markets hitherto served by British houses, but tho goods sent are of the poorest, and British makers now are hurriedly dispatching representatives .overseas with samples to p'rove that British goods are superior to anything made in Germany.— Reuter. VIEWS OF GERMAN INDUSTRIAL LEADERS TREMENDOUS PROGRESS OR BOLSHEVISM. (Rec. September 19, 5.5 p.m.) London, September 19. The managing director of /“Vickery s, after a tour of Europe, says that thr best informed industrial and commercir in Germany are convinced th she will either make tremendous co mercial progress or become Bolshe commercially through the workers coming uncontrollable. Workm councils have , already been euipdwe. independently to audit employers’ boo with a view to either increasing wa; or reducing prices in order to reduce t cost of living."'’There is no mediu; position for Germany. §he will eithc swamp every country industrially am. commercially dr become Bolshevik. Other manufacturers did . not believe that German competition would prove as formidable as expected, -pointing out that though the Germans were now booking huge orders at low prices, buyers are finding the quality of the goods the poorest.—Aus.-N.Z. Cable Assn.