GERMAN INDUSTRY

Stratford Evening Post, Volume XXXXII, Issue 56, 3 May 1924, Page 5

GERMAN INDUSTRY

COMMUNISM DEFEATED.

London, May 2.

The Berlin correspondent of the Morning Post says the Communist effort to force a May Day strike failed because the bulk of the Germans know they have just emerged from a crisis, which meant privation for a great part of the population, and they are looking to the outside world for capital to set the wheels of industry going. , In December 1,174,000 wer, G Unemployed, and 1,800,000 were on short time work, apart from unregistered people, bringing' Che number of .Germans wholly or partly "Unemployed to between 4,000,030 and 5,000,000 by April. The establishment of the rentenmark reduced the wholly unemployed registered persons in unoccupied Germany by 1,000,000. Thus the depleted homo markets are being supplied and stocked. When the Germans obtain foreign capital, the country will be crying for workers, and the majority realise that it would be folly to permit political disturbances lo spoil such a prospect.