CONTINENTAL STEEL TRUST.
DIFFICULTIES SETTLED. 3Y CARLE— PRESS ASSOCIATION —COP if ftlllHl ; PARIS, Feb. 11. The threatened rupture of the Steel Trust, formed by French, German, Belgian and Luxembourg magnates has been averted by the withdrawal of the German resignations and a revision of the quota, whereby Germany will pay less to the common compensation fund, but is promising to limit her exports to France. The general policy is to cut down production, in order to .combat. the world tendency towards lower prices. There is now a belief that Britain may soon be persuaded to enter the cartel.
It was reported in a cable dated February 11 that the Steel Trust was on the point of dissolution owing to political differences between the Germans and the French.
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Hawera Star, Volume XLVI, 12 February 1927, Page 5
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127CONTINENTAL STEEL TRUST. Hawera Star, Volume XLVI, 12 February 1927, Page 5
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