INDUSTRY IN GERMANY.
ARMY OF UNEMPLOYED. A NEW STEED TRUST. BY CABLE—PEESB ASSOCIATION—COPYRIGHT. BERLIN, June 28. Two million unemployed in Germany are receiving, doles* from the Government amounting to £60,000,000 per year. Meanwhile the United Steel Works, the new Ruhr trust arranged with the assistance of America, begins its operations to-day, amalgamating sixty concerns yielding 40,000,000 tons of coal annually, and its 250 rolling mills turning out 7,000,000 tons of finished steel. The Government assisted the formation of the Trust by most favourable arrangements regarding the taxation due from the members of the Trust, which amounts to a considerable subsidy.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/HAWST19260629.2.21
Bibliographic details
Hawera Star, Volume XLVI, 29 June 1926, Page 5
Word Count
100INDUSTRY IN GERMANY. Hawera Star, Volume XLVI, 29 June 1926, Page 5
Using This Item
Stuff Ltd is the copyright owner for the Hawera Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.