GERMANY AND AME RICA.
The Germans are not a race to sit duwn quietly under tbe loss of their commerce, und, finding that the United States are filching their Eteel and iron industry, the merchants of thd great urban district of tbe Rhine have determined to leave no stone unturned to meet American competition. The first step they have decided upon is the canalisation of the Moselle and the Saar, by which means they hope to lessen the cost of transport to the coast. The schense 13 to cost sorno seventy million marks, and will take some few years. The Germans aio equally alarmed at the growing invasion of American coal. In Switzerland, Bays the Kolnieche Zeitung in despair, American Goal can ba had at a cheaper price thati German, and the Bhanish coal will be still wort-e off in the future because special coal ships are beirg built in the States with the object of throwing American coal into Europe at a still cheaper rate. The struggle with America is to be one of. life and death for German commerce, says the war j ing voice ; Germany must look a long way ahead or ehe will be lost.
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Bibliographic details
Hawera & Normanby Star, Volume XLII, Issue 7363, 15 January 1902, Page 4
Word Count
199GERMANY AND AMERICA. Hawera & Normanby Star, Volume XLII, Issue 7363, 15 January 1902, Page 4
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