TRADE THROUGH LONDON

Taranaki Daily News, 15 October 1930, Page 3

TRADE THROUGH LONDON

MEETING GERMAN NEEDS

BUTTER FROM NEW ZEALAND.

In. spite of trade depression in Eng-' ' land, London is still the trade centre of Europe and, really, of the world, according to Mr. K. Felmann, representative of the German Dye Trust, who is" at present in Auckland on a business visit. London, he says, is a vast clearin o- house for commerce from; far-flung parts of the world, and not only does .it ■ act as a centre of distribution for England, but'it distributes a-gfeaf.vayiety ■ . of goods to European countries as well. >. ~ “In common with most other cduri- '>{ ' tries, Germany is suffering from firian ’ stringency arid economic depression,” 1 Mr. Felmann said. “Admittedly,■ sphie ' ; attempt if. being made to copc with the situation by agricultural development, but there is such a large industrial popoulation that the products' of the ; German farmer are not sufficient' to • / keep pace with the demand. Conse-V ; quently, Germany has to import con- . y'ts siderable quantities of butter, cheese and frozen meat, and many of these '. i.," imported products come indirectly from 7.<;i.7 New Zealand. “It is in this way that London acts 1 as a clearing house for trade to the Contihent. Not all of the buttpr and frozen- - that..you .export to England goes > on the market there. A considerable 1 ? quantity is distributed to European countries. I cannot quote figures, but I ;; know that large supplies of New Zealand butter are consumed in Germany. .'.'Jr The butter, of course, is not sold under '■•;•>}} a New Zealand trade mark, but it is j. sold as imported butter and meets', with . a good demand.” •(' ;: J Mr. Felmann sees no cause for alarm in the present political situatiton in . ’} Germany. The results of the last election had been somewhat surprising, he said, but he did not think that the Hitlerites had gained sufficient, seats to be able to form a stable Govern- ; " ment. :

‘•’lhe Hitlerites are also described as National Socialists,” Mr. Felmann said. “Their brand of Fascism differs greatly from that introduced in Italy by Mu&solini. There are many sound, able men in the party and if it is ever returned to power, these men are sure to. moderate its policy to a considerable extent. No country in the wo/ld can afford internal dissension at the present time, . and Germany realises that she-;must avoid this at all costs.” ”