ECONOMIC CHAOS
CONDITIONS IN GERMANY PLAN FOR IMPROVEMENT INCREASED EXPORT TRADE (United Press Association) (By Electric Telegrauii—Copyright) LONDON, Dec. 15. The Daily Telegraph says there is at present no indication of the reception given to Dr Schacht's „uggestions, but it is known they urged on British financial circles, with a warning for acceptance, a plan for the salvage of Germany economically from the chaos of Nazi administration. The sole alternative would be graver developments. It is believed that Dr Schacht is seeking British co-operation to expand German export trade to Britain by 20 to 25 per cent. He proposes that England and America should pay for the increase with free currency, portion of which would be allocated to finance the export of German Jews, and the remainder, which would probably be in bulk, would accrue in the Reichsbank. It is being said that if Britain rejects these overtures from the moderates the extremists will gain the upper hand and launch the country into probably disastrous adventures.
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Otago Daily Times, Issue 23685, 17 December 1938, Page 15
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166ECONOMIC CHAOS Otago Daily Times, Issue 23685, 17 December 1938, Page 15
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