WORLD WIDE TRADE
DRIVE PLANNED BY GERMANY United press Association—By Electric Telegraph—Copyright LONDON, October 25. The Berlin correspondent of “The Daily Telegraph” states that Germany is preparing rapidly for a trade drive which is being launched not only in South-East Europe, but also in England, America and elsewhere. Field-Marshal Goering and Dr Funk are having a daily conference with commercial experts. An attack on the American market will begin in a few weeks when Dr Brinkmann, Secretary of State for the Ministry of Economics, will go to America with a delegation of industrial leaders to examine Anglo-American trade with a view to benefltting Germany. The Reichsbank is evolving an international monetary compensation system whereby economic relations with South-East Europe will be assisted. It is reported from Belgrade th:.t as an outcome of Dr Funk’s visit an agreement has been signed by which Germany will absorb 60 per cent of Yugo-Slavia’s exports. An Istanbul message states that Turkey is buying railway equipment from Germany to the value of £2,600.000.
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/THD19381027.2.92
Bibliographic details
Timaru Herald, Volume CXLV, Issue 21178, 27 October 1938, Page 8
Word Count
168WORLD WIDE TRADE Timaru Herald, Volume CXLV, Issue 21178, 27 October 1938, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Timaru Herald. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in