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RESTORING GERMAN ECONOMY

LONDON, .Tan. 3. The question whether the level of industry as laid down in the Potsdam agreement for Germany's peace time economy, will be maintained, is asauming importance, says the Times.'s Berlin eorrespondenC ~ A revision is much talkecl about and it is generally agreed that any revision wrill be upward to enable Germany's exliausted economy to be, restored and provide a meansfor discliafging the heavy reparation demands which will be emhodied in'the coming peace treaty. The eorrespondent qnotes an American spokesman as saying. that if it Bhould prove that tho present level was endangering • the success the new exp irt-import programme -designed to malce the combined Anglo-American area self-supporting by the end of 1949, then the Anglo-American govemments would have to fix another Potsdam level which was. based on the economic unifieation of Germany and that had not yet-been achieved. There was still hope that it miglrt be, in which caso the Anglo-American plan for making western Germany self supporting would aot be scrapped but fitted into tlie larger scheme. A plan Jtas been framed with this in mind and the door was still open.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHRONL19470104.2.13

Bibliographic details

Chronicle (Levin), 4 January 1947, Page 4

Word Count
188

RESTORING GERMAN ECONOMY Chronicle (Levin), 4 January 1947, Page 4

RESTORING GERMAN ECONOMY Chronicle (Levin), 4 January 1947, Page 4

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