GERMAN POLICY

Greymouth Evening Star, 16 April 1937, Page 5

GERMAN POLICY

TRADE CO-OPERATION

[by CABLE —PRESS ASSN. —COPYRIGHT.]

(Reed. April 16, 8 a.m.) BRUSSELS, April -15

Tn a statement after dinner at Premier Van Zeeland’s home, Dr. Schacht announced that Germany was ready to collaborate in all efforts to restore freedom of trade. Her system of selfsufficiency was dictated by lack of foreign credits, and was more expensive than freer trade. He believed that political peace was nearer than most imagined. He was convinced that every country was averse from war. Germany would certainly admit Russia to any international commercial agreement.

Dr. Schacht has returned to Berlin to welcome the Governor of the Italian National Bank. MUSSOLINI AND HITLER. LONDON, April 15. “The Times's” correspondent says: The possibility of Mussolini returning Hitler’s visit is indicated in responsible quarters. It is suggested that he may go to Munich by air on April 22. after Chancellor Schuschnigg's visit to Rome. NAVAL STRENGTH. ( Received April 16. 1 p.m.) LONDON, April 15. “The new German navy,” is the subject of a chapter in the 1937 edition (V Naval Annual. li . Lie German supreme command decided to buiild in six years five battleships, fourteen cruisers, three armoured ships, two aircraft carriers, forty destroyers, and torpedo boats, and twenty-two thousand tons of submarines. She already built three armoured ships—pocket battleships—two battleships have been launched, and a third laid down.

Except in respect to submarines, the programme observes the AngloGerman naval agreement. Thirty-six submarines totalling twelve thousand tons are already completed. The distribution of the remaining ten thousand is not yet announced. Britain has only fifty-four submarines, built or building.