THE INDUSTRIOUS GERMAN.

Otago Witness, Issue 3512, 5 July 1921, Page 52

THE INDUSTRIOUS GERMAN.

-1 warning uttered by Mr Learies M. bo.iwao, tiu steel king, that Germany is winning ili - peace' because el the eagerness jot the (<, .-man winking man to work I dtngeir.ly, has created u deep imprei.mou | 111 vile- t .filed ,States," say* the limes | New- _ 1 c>i M i orre.-p iioei.-t. M- fcjcuvvab, u no was tne guest of lioni our at a reeeptr.-n given by the New \oric I 1 uuuiDcr of Commerce, declared lie had j returned from Europe with the conviction, j winch made his nights sleepless, that, j aitor ah the sacrifices the Allies had made, | we were in peril of losing the fruits of j ‘ “ Uuy to tne \ an<>uisiicd, because oi their I appreciation of the stern necessities of the I iniimtna 1 ; lia iU , ; j "Mr Schwab t aid : j ‘ German won-,.,., n efficient; German i workmen are i.ger for work; German | ”hi kmen are giving a full day's work for j t l ' l la y s l’V.i and upon that basis | ” 1 " 1 i' a ‘l great industrial prosperity in I cv ry country. " ‘For example, Germany to-day can | put a ton ot steel in England at a price :~' J cheaper than it costs England to make it. Germany is to-day galling pneumatic toois in Detroit, where formerly we made sl ’-h machinery and shipped it to Germany jo seb there cheaper than she could make it. The difference is solely a matter of [ labour costs.’ ”