GERMANS IN SPAIN.

Hawera Star, Volume XLVIII, 22 October 1924, Page 9

GERMANS IN SPAIN.

BLOW AIMED AT BRITISH TRADE Further investigations only serve to confirm the conviction, Avrites a trad* correspondent, that the conclusion ci the Spanish-. German commercial treaty will strike a disastrous bloAv at British trade Avith Spain. Germany, whenever the pact is put into operation, wil be in a position to oust Great Britain from the market. This opinion n freely expressed by those in Spain engaged in the metal trades with Great Britain. One of the largest houses in Spain in this business is Messrs. Riviere e Hijos. They have four factories fcl’ Avire-drawing, galvanising, tinning, and wire-netting manufacture. During the last feAv days Messrs. Riviere have received offers of wire rods—the material from which wire is drawn —from all the big German concerns, including Krupps, at prices which will compel them te place their orders the other side of the Rhine. At the same time Messrs. Riviere have received letters from some of their suppliers in England informing them, almost fatalistically”, that as soon as the German treaty comes .into force they will he quite unable te compete. There# is a big demand in Spain for iron and steel tubes for loconiotiA'e building and repairs. A great deal of the b M siness has been done in tM past in England, but the treaty av'TJ unable the Germans to undersell eA'e rvbodv. Not- only Avill Great Britain ly» hit badly, but tube manufacturer;: jr Bunin, in spite of the duties, will find themseh’es unable to compote.