BRITAIN AND GERMANY

Evening Post, Volume CXII, Issue 136, 6 December 1926, Page 9

BRITAIN AND GERMANY

CAPTAINS OF INDUSTRY CONFER

SCOPE FOR INTERNATIONAL CO-OPERATION.

(United Press Association.—Copyright.) ([Received 6th December, 10 a.m.) LONDON, sth Dec. i Expressions of cordiality marked the conclusion of a two days' conference between the British and Gorman Federations of Industry. Tho official report mentions that the organisations will further investigate tho general European economic situation with a view to their next meeting. Also discussions were held on the question of the possibility of increasing credit and insurance and supplying information as to the credit of potential customers. No further step will be taken, however, until after the forthcoming international meeting of representatives of European insurance companies. . Both organisations expressed great satisfaction at tho progress mado and the great future possibilities opened up for their co-operation. NO COMBINES OE, CARTELS. An important disclaimer was issued by tho heads of both federations, in which they emphasise that the question of international cartels and combines was not discussed by the conference, nor is there reason for the suggestion that any combined action by British and German industry against any other country's industry has been mentioned. Tho representatives of both organisations declare that they would regard such action not merely improper but extremely foolish. The conference issued a communique stating that it was agreed that a detailed discussion on tariffs was at present premature, but that preparatory work was possible. Tho conference also discussed plans for tho interchange of information relating to costs of production. The communique adds that, though the work was entirely exploratory, tho greatest cordiality was manifested. The discussion showed that the field for 00-operation was wider than had been anticipated.