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GERMANY’S EXPORT TRADE STRANGLED

Received Dec. 6, 11.5 p.m. ZURICH, Dec. 5. Emil Helferridli, one of the most notable German economists, in an article in Marshal Goering’s periodical “Five-year Plan,” admits that the British contraband control has strangled Germany’s export trade. Hundreds of German ships are trapped in ports throughout the world, huge quantities of goods awaiting shipment are piled up at the larger German ports, and importers are unable to unload or store goods which might arrive. The tragedy of the last war is being repeated. Firms arc unable to build up financial reserces owing to taxation and interest payments. He adds: “The Government must provide capital immediately to keep them afloat, release them from rent obligations, and provide substitute business.

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https://paperspast.natlib.govt.nz/newspapers/WC19391207.2.65

Bibliographic details

Wanganui Chronicle, Volume 83, Issue 289, 7 December 1939, Page 7

Word Count
122

GERMANY’S EXPORT TRADE STRANGLED Wanganui Chronicle, Volume 83, Issue 289, 7 December 1939, Page 7

GERMANY’S EXPORT TRADE STRANGLED Wanganui Chronicle, Volume 83, Issue 289, 7 December 1939, Page 7