GERMAN TRADE.

Gisborne Times, Volume LXVII, Issue 10566, 20 April 1928, Page 5

GERMAN TRADE.

STILL SUFFERING EFFECTS 01’ WAR. . FOREIGN BUSINESS DESTROYED BY - LOSS OF PROPERTY. EXPORTS MUST BE INCREASED United Press Assn, by El. Tel. Copyright (Times Cables.) (Received April 19, 7.J0 p.m.) LONDON, April IS. Tlie 'limes Berlin . correspondent states that Dr Stresemanm speaking at the Congress of the * German Chambers of Industry and Commerce, discussed the German economic situation from the international standpoint. The keynote of his speech was the necessity lor export surplus, and the interdependence of home and foreign trade and industrty. Reviewing the economic situation a decade after tlie war, he said the injuries imjicted were still far from healed. Production in other Continents had increased from 30 to 40 per cent, since 1913, whereas Europe had not even regained her pre-war level. This fact should resound through Europe like a warning cry and force tlie European nations into an understanding and into .co-operation. Germany was, perhaps, the heaviest sufferer, leading him to re-empha-sise the grievance that Germany's entire foreign trade machinery, the fruit of a decade’s endeavor, w:-s completely dost joyed by the liquid ition of sequestered property. Germany rejoiced at the United States' decision regarding the rest.tutiou of German properly. This seemed of fundamental significance for tlie future national life. It was not rigid that citizens suffer when their States; went to war. Alluding to the Dawes plan, he said it was more than ever necessary to realise that obligations could only be met from tlie export surplus. REPATRIATION RAYMENTS. CURIOUS STATEMENT BY DR. STRESEMANN. PREFAB ALIGNS ECU SETTLEMENT. baited Press Assn, by Ei. Tel. CopyrifirlP (Australian Press Association.) (Received April 19. 10.4,7 p.m.) BERLIN. April 18. Dr. .Strcsemann made a c. curious .statement at a meeting of industrialists, when he urged the suspension of party differences in order to eifeet a settlement of tlie reparation question “for which preparations are now being made, though no decision will be reached feforo the autumn/'