NAZI TRADE OUTLET

Gisborne Herald, Volume LXVI, Issue 20107, 29 November 1939, Page 7

NAZI TRADE OUTLET

! SOURCE OF MATERIALS ; i TRANSPORT DIFFICULTIES

INCREASE IN PRICES (Elec. Tel. Copyright—United Prnss Assn.) (Reed. Nov. 28, 2.20 p.m.) NEW YORK. Nov. 27. With the proclamation of Britain’s export blockade of Germany, southeastern Europe’s potentialities, both as a source of food materials and a market for German experts is undergoing a new analysis, says Waldemar I-loeff-ding, the Berlin correspondent of the New York Times. The following important obstacles must be’ removed to enable the Reich to substantiate the land areas adjacent for what originally was transported over the western seas: — (1) Transportation difficulties. (2) Germany’s limited ability to export in war time.

(3) Rising prices of south-eastern European products. (4) Promotion of their own industries. the Balkans tending to absorb their own raw materials.

(5) Italian competition for food and industrial materials. (6) -The Allies’ counter-moves. The stoppage of sea routes doubles tho burdens on other means of transport. Rumania’s demand that German tankers must come to the border to carry petroleum, emphasises the German transport difficulties. Lull Aids Export Trade The present lull on the Western Front facilitates the German efforts to maintain her exports but how long this will continue no one knows.

The 30 per cent increase in petrol prices in Rumania and Yugoslavia and similar increases for minerals indicate the price increase difficulties. Minerals, wool, flax, hides, and oil seeds are expected in the long run to become increasingly absorbed in line inevitable south-eastern industrial expansion, with a diminution of their availability to Germany.

Italy's “sacred egotism,” with a consequent export oflensive in the Balkans, is being increasingly headlined even in the German press. Only the sixth category whether' the Allies are able t 0 outbid Germany for southeastern European materials in tine same way as in 1914 remains to be seen.