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GRIM OUTLOOK

GERMANY'S LOST TRADE WAGES ON DOLE LEVEL BERLIN, Nov. 18. Tlie Government is lighting ;i hard battle to secure financial stability for the country in the coming months, and this week-end rumors of sweeping changes in the country's economic administration ne flying around the city. Mosaics obvious divergences between Hie Nazi ami more orthodox economic doctrines, there are the troubles caused ,V the hard facts that :-- 1. German exports have dropped from 1.0.0.000 tons in 1926 to 58.0C0.000

: ns in 1933. and probably to 30.000,000 tons tiiis year.

a. The country's buying power has .alien with the heavy drop in real wages. While two milliard* marks (£167.000.000 .it present rates) was paid in wages in 528. only about half that total i.s being ini«! during this year, although the percentage of the workers employed, it is iaimed. has risen from 43 per cent, in 1932 to 75 per cent, this year.

2. Innumerable technical difficulties iiava arisen ill working out trade agrernents, such as that recently concluded vith Great Britain, and it must be some f ime before these can be said to be working smoothly. PRIOE OF RECOVERY

A striking statistical exposition of the hard lot of German workers i.s given oy Dr. Carl, von Tyszka, the Economist of Hamburg University. He estimates that total wages paid in Germany in 1934 will be about £250,000.)CO, out of a total national income of ibont E5C0,C00,0:0, compared with 5355,C00.CC0 in 1928 out of a national income of C608.CC0.000. although the ici'c outage of those in employment has risen to 75 in the present vear compared with 43 in 197)2.

"Individual wages have dropped," ha ■says, "in -many cases down to the level if the unemployment doles." Germany's financial recovery, he declares, will be possible only i'f she can revive, her export trade, and adds: "On this condition alone could she maintain the present comparatively high perentage of workers in employment, who mist be satisfied with low wages." "ONE-POT" MEALS To-morrow is Germany's second "one>ot Sunday" of this winter, and the housewife will again he expected to make the best of a choice of three simple dishes.

On this occasion she must attempt to satisfy the hunge- of her husband and jhiidren with either German beans cooked with sausage, bacon or a scrap •if meat, or boiled potatoes with n little beef, or vegetable and meat stew. Both restaurants and private persons -vill again have to give what -they save >y serving one of these cheap dishes to the Winter Relief Fund. Contribution's ir« described as "voluntary." The official orders for the day show, however, what is meant: by this' word, in Nazi Germany. "The one-pot 'meal," it is declared, "shall not be compulsory, but it must be partaken of in the National Socialist spirit, willingly and gladly, as an honrvable duty by every German citizen."

Notice is also given that the official lollectors will continually visit the houses of those who are not at home on Sunday until they have obtained contributions. That the collection on the October "One-pot Sunday" was not satisfactory is suggested by the new order issued for to-moi'rbw that "everyone must this time give a little more."

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/PBH19350105.2.147

Bibliographic details

Poverty Bay Herald, Volume LXII, Issue 18596, 5 January 1935, Page 14

Word Count
532

GRIM OUTLOOK Poverty Bay Herald, Volume LXII, Issue 18596, 5 January 1935, Page 14

GRIM OUTLOOK Poverty Bay Herald, Volume LXII, Issue 18596, 5 January 1935, Page 14

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