TRADE WITH GERMANY.

Hawera Star, Volume XLV, 7 May 1925, Page 5

TRADE WITH GERMANY.

CHANGE SINCE 1914. “Trade with out late enemy, Germany, is very much in our country’s favour now,” says the annual report of the Wellington Chamber ot Commerce, “lor Germany is a large purchaser of our wpols direct, and also purchases a good deal through London. New Zealand exports to Germany in 1924 were £1,168,302, against £194, oOj in 192f3, and £456,163 in, 1914; New Zealand imports from Germany in 1924 were £292,608- against £08,907 and £1,016,016 for 1923 and 1914 respectively. “Currency in Germany has been stabilised, and trade is now on a much better footing. Depreciated currency duties have had to he reviewed, as while the world accepts a gold standard it cannot he held that there is any depreciation attaching to the gold mark. The working of the Dawes Plan is being watched with interest, and meantime there has been an undoubted improvement in international finance and a recovery of confidence and stability in trade