GERMANY TODAY
ECONOMIC SURVEY
SHORTAGE OF ESSENTIALS
SUPPLIES CUT OFF
(Britisli Official Wireless,)
RUGBY, October 28,
The vital part which the economic strength of a nation must inevitably play in the present conflict gives special significance to an article in the "Economist" surveying the present economic position obtaining in Germany
The article says: "In general, the first measures of Germany's newwar economy, though they have shown a remarkable talent for comprehensive, centralised organisation, have clearly revealed Germany's outstanding weakness. There is a shortage of fats, metals, minerals, and textile fibres, for supplies of which Germany normally relies to a large extent upon imports from enemy
countries,
j "Over one-third of the Reich's total fat supplies are now quite inaccessible," the article continues. "Most severe restrictions have been imposed on the textile industry. In 1938 three-quar-ters of the total supply of textiles and raw materials came frdm abroad; now much of this is / cut off. /
"The outstanding, problem which faces- the directors of the German economy arises from the fact that Germany is dependent upon imports for two-thirds of her total annual consumption of iron ore. This fact dominates the whole situation in the heavy industry." , ,
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/EP19391030.2.85
Bibliographic details
Evening Post, Volume CXXVIII, Issue 104, 30 October 1939, Page 8
Word Count
195GERMANY TODAY Evening Post, Volume CXXVIII, Issue 104, 30 October 1939, Page 8
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