RUMANIA AND AXIS.
ECONOMIC RESULTS. Received August 23, 1.10 p.m. BUCHAREST, Aug. 22. Experts estimate that Germany will receive no wheat from Rumania this year compared with two million tons last year.' Floods, mobilisation and territorial losses have reduced the year’s harvest to 1,860,000 tons; internal consumption alone is 2,620,000 tons.
Tlie Minister of National Economy has announced that Germany recently agreed to buy the whole surplus cereal production of Rumania at stable prices. The German purchases would enable Rumania to import modern agricultural equipment. By joining the Axis, Rumania had definitely entered the new' economic organisation of the Continent. Hie Government would receive higher prices for agricultural products and lower prices for industrial products. The Minister admitted a million-ton drop in the wheat crop.
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Manawatu Standard, Volume LX, Issue 227, 23 August 1940, Page 8
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125RUMANIA AND AXIS. Manawatu Standard, Volume LX, Issue 227, 23 August 1940, Page 8
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