Germany Made Own Money Troubles
(Received 11 a.m.)
LONDON, January 24,
A further warning that the British would protect their export trade at all costs, and German views concerning this warning, were features- of the annual dinner of the German Chamber of Commerce for the United Kingdom.
Dr. Wiehl, commercial director of the German Foreign Office, said exchange control arid clearings payment agreements had been forced on Germany by her creditors, creating the present difficulties.
He thought that recent changes in Anglo-German and foreign trade did not justify alarm in Britain. He thought the situation could be settled by arrangement. Stress of Rearmament Mr. R. S. Hudson, secretary for overseas trade, said: “I disagree apropos the cause of Germany’s economic difficulties.
“They are due to the development of her internal market under the stress of rearmament and the fouryear plan. “I believe a settlement of international difficulties by peaceful negotiation is overwhelmingly supported throughout Britain. I think we are entitled to expect a friendly gesture in return.”
He added that an active export policy was vital In national interests, but she did not desire to achieve this to the detriment of others.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NA19390125.2.81
Bibliographic details
Northern Advocate, 25 January 1939, Page 7
Word Count
192Germany Made Own Money Troubles Northern Advocate, 25 January 1939, Page 7
Using This Item
NZME is the copyright owner for the Northern Advocate. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons New Zealand BY-NC-SA licence . This newspaper is not available for commercial use without the consent of NZME. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in