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GERMANY'S BUSY WORKS

WORLD MARKETS THREATENED

GRAVE DANGER, ANTICIPATED,

(UNITED PRESB ASSOCIATION.—COPYRIGHT.)

(PUBUSIIED IN THE TIMES.)

(Received 18th July, 10.30 a.m.)

LONDON, 17th July,

Basil Thompson, in a special article, draws attention to the industrial' danger to other countries when the Ruhr, impasse ends. He declares that many German factories continue to work full time throughout the occupation, making goods for stock. Factories and storehouses are blocked with goods of all kinds. Some day these are going to be loosed on the market at prices at which no manufacturer will.be able to compete. It would be difficult to mention any kind of'goods not being'produced.

The" French have scarcely Comman-' deered anything but coal and chemicals; but already there are indications that French firms hope to. secure the rover-' sign of products at extraordinarily low prices, and are prepared to dump them on the world. If the French do not. the Germans will.

Unless all the goods are heaved into the Rhine, there will be. a serious disturbance of trade. One firm alone "is employing 68,000 hands continuously. Imagine, he says, what that means in output. ■ ;.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19230718.2.49.1

Bibliographic details

Evening Post, Volume CVI, Issue 15, 18 July 1923, Page 5

Word Count
185

GERMANY'S BUSY WORKS Evening Post, Volume CVI, Issue 15, 18 July 1923, Page 5

GERMANY'S BUSY WORKS Evening Post, Volume CVI, Issue 15, 18 July 1923, Page 5