GERMAN ECONOMIC PROBLEMS

Wanganui Chronicle, Volume 84, Issue 85, 12 April 1940, Page 5

GERMAN ECONOMIC PROBLEMS

RESULT OF INVASIONS [ British Official Wireless. J RUGBY, April 10. Tiie Manchester Guardian.says Germany has assumed commercial overlordship over Denmark, and by force of arms over part of Norway. “We may take it she will no longer allow British coal and British textiles to go to them and that she will prevent export of foodstuffs to us. This will be a loss to our East Coast coalfields and to Lancashire, but it will be a greater loss to Denmark. Germany will be responsible for absorbing Denmark's exports of butter, bacon, and eggs, which she can well do with, but in return she will have to assure Denmark of her coal.” The Manchester Guardian foresees a big strain on Germany’s already overtaxed coal industry. It adds: “As Denmark is not self-sufficient, Germany will not be able to extjtct all she wishes. Denmark’s great output of meat and dairy produce is dependent to a large extent on imported fodder and fertilisers, which will be barred by the British blockade. British trade with Sweden, which seemed to be developing very satisfactorily, was cut off, said the Swedish Minister in London. He added that the war trade agreement that Sweden made with Britain was facilitated in its execution by tiie very understanding attitude adopted by tiie Ministry of Economic Warfare and appreciation by its officers of Swedish difficulties.