GERMANY AND AUSTRALIA.
TRADE FACILITIES WANTED. By Telegraph—Press Association—Copyright. Australian and N.Z. Cablo Association (Received June 17, 11 a.m.) LONDON, June 16. Tlie German Australian Steamship Company’s net profits for 1919-1920 exceeded 2,000,000 marks. Each year the company has paid dividends of ten per cent. The report states that tho directors expect the road io Australia to become free at the earliest opportunity. This might already have been the case had Australia only permitted the importation of German goods and the exchange of Australian wheat of which Germany had bought large quantities, but it is anticipated the Australians’ sound business instinct will overcome tlie artificially created war-psychosis and tho fact again recognised that trade between the two countries was not to Germany’s advantage alone, but even to a larger extent to Australia’s.
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Bibliographic details
Star (Christchurch), Issue 16455, 17 June 1921, Page 7
Word Count
132GERMANY AND AUSTRALIA. Star (Christchurch), Issue 16455, 17 June 1921, Page 7
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