THE OTHER ALLY.

Taranaki Herald, Volume LXII, Issue 144525, 9 November 1914, Page 5

THE OTHER ALLY.

ITS OPERATION' AGAINST THE ENEMY.

A TRUE SILK STOCKING STORY

Britain, Franco, Russia,- and Belgium are not the only Allies co-»pcrut-mg Against Germany and Austria, and now Turkey. There is another Lower co-operating with them. It ■is Economics. Mar. tike pleasure, must ho paid for, and nothing can do paid for unless money to do it in the hirst instance has been earned. The prolongation of the war depends quite as much upon money as men, anti money is not ohtainabUe without something being given in return lor it, unless, indeed, it be obtained by robbery. Money may bo accumulated for war purposes, but so spent if is gone for ever—it cannot be "turned over." it cannot be redistributed, as, for instance, through lotteries or totalizators.

Uunnaiiy's military strength is based upon nor iinancial ..uoiigii), amt tun tmancial strenypii is basni upon mo production amt trade ot Germany. ;ilop Hie trade and too military chest must run dry. ’tin- rove on 11 ion of this tact explains in pan, too regarding ol trade vritn the enemy as an illegal act. Ii trade is allowed to go on. then the tvnr will go on ton. n trade be stopped, then sooner or later tlio war must sloop. British trade was severely hit when war broke out. but it has recovered. Although slid a hit dazed, it is going on. Herman trade vns at once struea ttill between tile eyes -when war was declared, and tar nil we can learn as outsider.-, it is still sumncd. But it is clear i.as the facts hereunder will .show) ihai the Hernial) trader is trying to find a way out tor Ins goads pun the vigilant British warships which are practically blorka-iing all German across to the sen. German merchant ships are virtually all off the seas, white, despite the exploits of the Funder, and other raiders, British ships are coming and going all the time, taking out British goods to all the world and carrying hack raw materials and foodstuffs. A LEAKAGE SOMEWHERE. But there is a leakage of German trade—several leakage?, in fact. How these are going to be srcpnrd is for the high British and naval authorities to say. An instance is supplied by a Wellington firm of manmaeturers' agents, winch has received i-orrespomleiiee from a him in Amsterdam giving the name of ■■!!. Goldstein." nndjlie address ns "Keizerr-gracht W V Hie nationally of this linn, bulging by its came, may be anything—German. French. Dutch, nr even English. It ■writes on behalf of the firm of .1. M. Eiscnstuck, of Chemnitz. Saxony, who are probably tile 1,-tr.gest manufacturers of Indies' and gentlemen's Li le thread and silk hosiery in Germany. The firm o! Gnldsirin ha? been entrusted hr Eismislyeks to take charge of their interests during the war. It informs the Wellington firm in onostion (which is Brii-sh in name and natinnalilv> that both it and i's r.rdrimrrs shon'd “make payments to a frrt-elass bank in your country, and ibis again i? to he asked to remit at once colleeted amounts to the bank of a neutral country, with the reoncst to turn oyer the money from there to the firm of J. M. F.iseustnck, in Chemnitz." This makes it route clear that the German firm in pucstiou is anxious to get in money. Mow for the goods "Tlio firm of -1. M. Eisenstuck maintain? at present the running of both their factories in Gelenau and of their plant in Cliem-n-tz, and only a very minimal number of machines are at present (there if no date) at a standstill, but is is expected that alr-o these, will he run shortly. Von may, .therefore, areept order? for goods to he delivered after the war will be over, and at a time when forwarding will he possible, and at present price?, hut you will try to obtain an-advance of .5 per coat." GERMANY "PASSER IT ON." So then. British firms, eveu if they do attempt to infringe the law by dealing with the enemy, are expected to ••try to obtain an advance of 5 per cent.” from British roiifumcrs (for it would be passed on, sure enough) to pnahlo the' enemy to keep Ins trade eping and reimburse him against'loss, uisnram-e, and increased charges due In the war which ho has brought a bo in. " If the firm of Eisonsliick, of Chemnitz, need the money (which nobody will deny), how are they to get it f Mr. Goldstein shows the way. Remittances are to be made through financial institutions in neutral countries. They are as follow.— Switzerland —IV. B. Sanft, Gcssnerallcn oil. Zurich. Holland—lncasso Bank, Rotterdam, who state that their agents are Messrs. Barclay and Co., ot. Lombard Street, London, E.C., one of the biggest banka in tlio United Kingdom. . Rumania Bnnquo Marmorosch, Blank and Co., Bucharest. Denmark—M. L. Trier and Co., Copenhagen. Italy—Attilio Cillario, Via Monforto, 31, -Milan. These are the avenues through which a British firm is asked to remit moneys or orders for goods to an enemy and German firm, and no doubt the goods can, or the German linn of Eisenstuc’k hope they can, bo sent through such neutral avenues to British linns, who would risk evading the law by continuing to do business with them as an enemy firm. Now, J. M. Eisenstuck, of Chemnitz, is a more important person to New’ Zealand than at first seems possible or probable, for he it is who supplies’ to a very largo extent the silk and openwork stockings worn by our dressy youths. Eisenstuck does not make them all, hut he docs an immense trade in such goods, and while ho distributes in Germany and the rest of the world 50 per cent, of his huge manufactures he sells to the United States the remainder. Clearly he is anxious to keen his trade together, now blocked in by British warships in the North Sea. But it is obvious that he is able to get some of them out through Holland, Italy, Switzerland, Rumania, and Denmark, and he is also able to receive correspondence through those countries. Further, he is able to obtain any moneys that 1 may be sent to him through a Dutch bank, which with-

out hesitation, reserve?, or sccr.ecv gives the name of an English hanking house of Very high standing as its agents. The point is, if a- German silk stocking maker can do all this in his relations with such a- small customer as Now Zealand is. what can other German firms bo doing through neutral countries with other neutral and with British countries ?

The correspondence from which the details for this article have, been obtained came to the Wellington firm concerned through the post in the usual way. It is a moot point whether all correspondence from Holland. Switzerland. Rumania. Denmark, or nnv other country which Gormans may utilise, should not he censored, at leased supervised, and noted upon, having in view the part the state of the enemies' trade must have upon the prolongation or cessation of the war.— Post.