GERMAN TRUST

Hawera & Normanby Star, Volume XLI, Issue XLI, 17 October 1921, Page 5

GERMAN TRUST

— ' ■—♦ A LARGE SCHEME. jBT CABLE—PEESS ASSOCiATION-COPYIUOai' _ . ■ LONDON. Oct. 16. j. A correspondent of the Observer i itatea that Herr yon Stinnes (the : Vennan industrial magnate) ie organising a vast trust aiming at the control of every German industry, and turning the State into a powerful business com-« bine, which will retaliate against any : country discriminating against German goods. For instance, if a country keeps out German electrical goods the trust will refuse to purchase anything from rwL COUntrs Or SU|?Pjy ** with other uerman goods essential to it 1™? 2£- mfo, rma4 i ?n states that Herr yon Stmnes' chief newspaper, the Allegememe Zeitung, cays private enterprise must take over the management oi: concerns^ which hitherto have 'IS- aw? lsterS£ h? tLe State or public bodies. This supports current .rumours that the Stfnnes trusT is tv™ ngJi!X to .taki. over the State rail-' '■S2!; thevpost office, and other public services, placing them on a paying basis iS 5£f iri3*' t? 0 StatV f deficits ! ln;\ !' WO'°P o'ooo0'000 marks, and that of the ) railwa?s to 15,000,000,000 marks.