WHAT GERMANY LOST.
HER GRIP ON WORLD’S COMMERCE. FIGURES TELL THE TALE. It is now fairly common knowledge that Germany, by pursuing an aggresive commercial policy throughout the world, and in particular in British overseas dominions, was very rapidly establishing an economic grip on the markets of many countries. At a meeting of the council of the Wellington Chamber of Commerce, Air John Myers produced some figures which sum up Germany’s economic tragedy to a nicety. The value of Germany’s trade with Australia was given as follows: —
1909-13 6,001,999 1914-18 449,53 G 1919- 13,471 1920- 56,944 (Embai-go lifted). For the year 1913, New Zealand imported German goods to the value of £G57,935. These figures slumped away to nothing during the war. During 1919_the year succeeding the cessation of hostilities—goods to the value of £23 were imported from Geimany. There was a jump to £5462 in 1920, and last year the import trade fio n * Germany was' valued at £25,741, of which £25,449 were articles wholly, or mainly, manufactured.
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Bibliographic details
Gisborne Times, Volume LVIII, Issue 9635, 6 March 1923, Page 5
Word Count
168WHAT GERMANY LOST. Gisborne Times, Volume LVIII, Issue 9635, 6 March 1923, Page 5
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