GERMAN TRADE.
ENGLISH PRESS VERSION. (Received January 17, 8.5 p.m.) LONDON, January 17. The “Daily Chronicle’s” Berlin correspondent says: Statistics show that German exports have beeu seriously declining, when their gold value is reckoned. The exports last year were about equal to Germany’s yearly reparation liability. Whereas Britain had £741,000,000 of exports during the first 11 months, Germany’s amounted to £150,000,000. These figures quite dispose of the alarmist utterances about Germany’s prosperity and her ever-in-creasing foreign trade. As a fact, there was a spurt owing to the depreciation of the mark, but it was merely temporary. The value of German trade in paper marks shows an increase from 4,558,000,000 marks for the month of May to 11,911,000,000 marks for November; but paper marks increased from 65 to 200 to the dollar in the same period.
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Bibliographic details
Grey River Argus, 18 January 1922, Page 5
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135GERMAN TRADE. Grey River Argus, 18 January 1922, Page 5
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