GERMANY’S EXPORTS
BIG EXCESS OVER IMPORTS. MANY SOLD BELOW COST. (United Press Association,) (By Electric Telegraph—Copyright.) BERLIN, January 23.. (Received Jan. 25, at 5.5 p.m.) Though Germany’s exports in 1930 exceeded the imports by £90,000,000 there are general protests against the assumption that this means that she is fully capable of, meeting her reparations payments. The press emphasises that many of Germany’s exports last year were uneconomic and sold below cost, especially coal, and iron, the high exports being, therefore, an expression of the partial liquidation of German industry. It is claimed that the figures prove Tier inability to meet reparations and other foreign liabilities without losses and injuring the entire fabric of German industry.
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Otago Daily Times, Issue 21243, 26 January 1931, Page 7
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115GERMANY’S EXPORTS Otago Daily Times, Issue 21243, 26 January 1931, Page 7
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