THE METAL MARKETS.
COMPLETE GERMAN DOMINATION.
(United Press Association—Courrwht l AIELBOURNE, July 22. Air Hughes, referring to tho German domination of the metal agencies in this war. said the resources and money of Germany were buying spelter at £SO per ton. Britain was payin(r £IOO. Even victory would be barreu it the industry was flowed to rati back into German hands. It was essential that the industry should bo controlled by British and Allied interests. Germany pays £29 for spelter and Britain is' paying £lO5. Australia, is no better off, tnough it is tho second largest producer of xme minerals in the" world. The ramifications of German metal companies and tne clear facts demand action. IheDm - eminent propose to establish a metal exchange under Government. control. No metals shall be allowed to leave Australia- unless sold according to regulations. Only registered members will be allowed to operate. one will be registered unless the autlioiities are satisfied as to Ins credentials.
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Gisborne Times, Volume XLV, Issue 3989, 23 July 1915, Page 5
Word Count
160THE METAL MARKETS. Gisborne Times, Volume XLV, Issue 3989, 23 July 1915, Page 5
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