UNECONOMIC EXPORT
Germany and Reparations
PROSPERITY IS DENIED Berlin, January 23. Though Germany’s exports in 1930 exceeded her imports by £90,000,000, there are general protests against the assumption that this means that she is fully capable of meeting reparations payments. The Press emphasises that many of Germany’s exports last year were uneconomic and sold below cost, especially coal and iron, high exports being therefore an expression of the partial liquidation of German Industry. It is claimed that the figures prove inability to meet reparations and other foreign liabilities without losses, injuring the entire fabric of German industry, .
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Bibliographic details
Dominion, Volume 24, Issue 104, 27 January 1931, Page 9
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97UNECONOMIC EXPORT Dominion, Volume 24, Issue 104, 27 January 1931, Page 9
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