NAZI TRADE TRICK

Bay of Plenty Beacon, Volume 4, Issue 132, 21 July 1941, Page 2

NAZI TRADE TRICK

BRITISH TRADE BENEFITS BIG ORDER FROM TURKEY Behind a shipment of cotton piece goods now on its way to Turkey lies a story of Britisjh ingenuity in outwitting unfair German competition. Three years ago a Britisih textile firm heard from one of their colonial agents that German export groups were marketing a line of cotton prints, at prices from 10' to 40 per cent below the cost of production in order that the Nazis might pile lip foreign exchange. Undeterred hy this competition, which was subsidised by Hitler, the British firm set to work and produced a similar line, the first shipments of which went to the colonies a few -.vecks after the outbreak of war. Overseas customers pronounced the goods admirable and far superior to Germany's. Samples were offered- elsewhere, mid following the commercial agreement between the United Kingdom and Fiirkcy, so much business was: (•b!ained in the first fortnight of this year from the latter countvv that the order books had to be closed. Istanbul experts quickly refuted the Nazi claim that Lancashire is no longer able to meet German competition in thisi class of cotton textiles, and, following the first shipment, some 20,000 pieces are going to Turkey over the next month or so. Important business has also been booked for two other markets.