EFFECT OF SLUMP
GERMAN LOSS OF TRADE
MAY MEAN REPUDIATION
BERLIN, March 16. An index of the world's commercial slump is given by the fact that Germany's imports in February' were valued at 347 million marks, a decline of 93 million marks on last year's value, and her exports 373 million marks, a, decline of 154 million marks.
Economists have long been emphasising that the shrinkage of the trade balance has reached a stage at which'it is impossible to meet external commitments.
The Chancellor, Herr Hitler, had a lengthy conference with Luther, President of the Beichsbank, whose resignation is still regarded as probable.
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Bibliographic details
Evening Post, Volume CXV, Issue 64, 17 March 1933, Page 7
Word Count
103EFFECT OF SLUMP Evening Post, Volume CXV, Issue 64, 17 March 1933, Page 7
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