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L ATEST CABLE NEWS GERMAN "ITEMS

Australian and n.z. caulk association

GERMAN RECOVERY

LONDON, May 2

The ‘•Morning Post’s” Berlin correspondent says: “A Communist effort to force a May Day strike failed, because the hulk of the Germans know that they have just emerged from a crisis which means privation for a great part of the population. They are looking to the outside world for capital to sot the wheels of industry going. In December last, tliere were 1,17J.0C0 people unemployed and 1.800,000 more short timers, apart from the unregistered people unemployed, these bringing the number of Germans wholly or partly unemployed up to four or live millions. By April the establishment of the new Bentenmark currency hid reduced the wholly unemployed persons in unoccupied Germany by one million. Thus the depleted home markets arc being supplied and stocked. When the Germans obtain foreign eap. ital, the country will Is: crying for workers. The majority realise that it would he folly to permit political dis-

turbances to spoil such a prospect

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/HOG19240503.2.24

Bibliographic details
Ngā taipitopito pukapuka

Hokitika Guardian, 3 May 1924, Page 3

Word count
Tapeke kupu
171

LATEST CABLE NEWS GERMAN "ITEMS Hokitika Guardian, 3 May 1924, Page 3

LATEST CABLE NEWS GERMAN "ITEMS Hokitika Guardian, 3 May 1924, Page 3

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