DUTCH MAGNATE'S GIFT
COMMUNISM OPPOSED ECONOMICS OF COUNTRY THE HAGUE, Dee. 29 The Anglo-Dutch oil magnate. Sir Henri Deterding. who was reported yesterday to have given £1,000.000 to help Dutch farmers, apparently intends his gift to be part of a campaign against economic restrictions and Communism. He states that the main object of the Communists is to prevent co-operation between nations. Therefore they started to create trouble in Spain six years ago and tho result now is daily visible. Britain can be thanked for its policy of non-intervention, which prevented greater trouble among other Powers whose further co-operation will be the quickest remedy against infectious Communism. In reviewing economic conditions in Holland Sir Henri says the only solution uf tho difficulties is the diversion of surplus products to a country where they are wanted. The restriction on trade between Germany and Holland can then be safely cancelled. Sir Henri concludes by criticising the present gold policy and urges that the products of labour and not gold will have to serve as a means of exchange. In tho meanwhile, 30,000 pigs and thousands of tons of bacon have already been bought with Sir Henri's gift.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/NZH19361231.2.65
Bibliographic details
New Zealand Herald, Volume LXXIII, Issue 22615, 31 December 1936, Page 9
Word Count
194DUTCH MAGNATE'S GIFT New Zealand Herald, Volume LXXIII, Issue 22615, 31 December 1936, Page 9
Using This Item
NZME is the copyright owner for the New Zealand Herald. 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.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries and NZME.
Log in