TRADE RIVALRY

Grey River Argus, 5 December 1938, Page 7

TRADE RIVALRY

BRITAIN & GERMANY .In South & Central Europe RUGBY, December 2 A member of the German Embassy in London called on the Foreign Office and inquired of an official there regarding the significance of the speech made in the House of Commons on Wednesday by the Secretary of the Department of Overseas Trade (Mr R S. Hudson) regarding economic competition in Europe. It was explained -that the reference to the situation in South-Eastern Europe was cited as offering an oxample of the effects of competition subsidised by the German Government. It was not intended to indicate any modification of the British attitude as stated by the Prime Minister and the President of the Board of Trade (Mr Oliver Stanley) on November 1. On that occasion Mr Chamberlain said: “Do not let us suppose there necessarily, must be economic warfu re between Germany and ourselves. There must be some competition. Competition is the thing we thrived on in the past. It is not In our interests to see any part of the world remain poor. If, by means of international trade between Germany and these countries, the economic position of these countries is impro«“d, you may be quite certain we shall get our share of trade.” Under the. heading: “An English Challenge,” the newspaper “Deutsche Allegemein Zeitung,” says Germany is not claiming_a monopoly of the markets of Central and South-east Europe, and does not wish to exclude Britain. The Ottawa agreement, closed large trade areas to other countries, which was neither fair not free competition.