GERMAN ECONOMY
GREATER FREEDOM URGED EVENTUAL STABILISATION OF CURRENCY Rec. 9 p.m. LONDON, Apl. 15. The establishment of central German governmental agencies and the elimination of “government by quad-ripai-tite committee ” is recommended by a special committee of the International Chamber of Commerce on German economic problems, says The Times The committee, consisting of British, American, French, Belgian, Danish, Netherlands, Swedish, and Swiss representatives, also suggested, first, that incentive should be restored to the German worker by the provision of more consumer goods from the domestic output; secondly, German exporters should be allowed to use part of the foreign exchange they earn to purchase raw materials; thirdly, that wages "should gradually be freed, and when prices and wages have adjusted themselves a new parity for the mark should be fixed.
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Bibliographic details
Otago Daily Times, Issue 26437, 16 April 1947, Page 5
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129GERMAN ECONOMY Otago Daily Times, Issue 26437, 16 April 1947, Page 5
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