GERMAN TRADE.
CENTRAL CLEARING HOUSE. By Telegraph—Frees Association —Copyright 'Renter’s Telegrams. (Revived September 23, 12.45 p.m.) LONDON, September 22. . Colonel. Knott, president of the British Chamber of Commerce in Germany, interviewed Herr Erzberger, Finance Minister, and Herr Schmidt, Minister of Economics, regarding a proposal to establish a clearing house in Berlin to control all exports from Germany to „ the, British Empire, and imports from Britain. Mr Knott states that the German Government consented in principle jto a British official controlling licenses for the Department of the Ministry of Economics. This would prevent the; dumping of German goods in Britain. Germany, however, is at present unable to dump, as the stocks of manufacturers are very small. Mr Knott states that , the idea was that German manufacturers, would make offers to a :CentraT British organisation tjirough the Berlin clearing house and only such' offers, as were accepted would be allowed to ■ leave Germany. A result of British, control of the clearing house would bo that they would see that the exports did not exceed the imports.
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Bibliographic details
Star (Christchurch), Issue 12752, 23 September 1919, Page 8
Word Count
174GERMAN TRADE. Star (Christchurch), Issue 12752, 23 September 1919, Page 8
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