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BIG STEEL TRUST

CRUMBLING IN EUROPE

GERMAN THREAT TO QUIT

(United Press Association.— Copyright) LONDON, ,7th February.

The "Daily Express" says that th* steel trust formed in September by; French, German, 'Belgian, and Luxembourg magnates is crumbling. /

Herr Thyslen, the German magnate, withdrew as a protest against Frer •>]>.' action in. the occupied- territories, and other Germans now demand that theii; percentage of trade be increased, otherwise they will abandon, the trust in April. ' ".

The Germans claim that the fall of, the franc artificially stimulated French production, giving France an advan{age that was not anticipated when thtf trust term 3 were arranged in Septem* ber. , . ' - .

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/EP19270208.2.62

Bibliographic details

Evening Post, Volume CXIII, Issue 32, 8 February 1927, Page 9

Word Count
104

BIG STEEL TRUST Evening Post, Volume CXIII, Issue 32, 8 February 1927, Page 9

BIG STEEL TRUST Evening Post, Volume CXIII, Issue 32, 8 February 1927, Page 9