GERMAN TRADE

Hokitika Guardian, 17 August 1933, Page 5

GERMAN TRADE

STOCKS DECLINE:

UNEMPLOYED RELIEF SCHEMES.

\ .United Press Association —By Eiectne

Telegraph— Oop.yright.)

BERLIN, itigust 16

' Though Nazi leaders -continually-; declare that trade i-s improving, and'unemployment is evaporating, .prices on the German stock exchange, are sinking steadily, owing to uneasiness about Nazi methods -o-f financing the schemes dealing with unemployment. Plans already .approved involve ,r.-n outlay of £100,000,000.

The Government, 'thus far, has -raised .£20,000,0000 -by tlho only method possible, namely , ’bile halo of , Treasury bills at near six per cent. The bills’ .are now qu’oted between 70 and 80; Chancellor. Hitler escaped injury while he was motoring ,-on the Austro,Bavarian frontier, when an accident befei .a catr tha-j was travelling behind his, and -containing Adjutant Brueckner, who was hurled'to the .road, breaking his arm in several places, fracturing his skull, and being gravely injured internally. Her-r Hitler’s sister and niece were -also injured.

NAZI' -SHIPPING RESTRICTIONS,

PAPER .SUGGESTS 'REPRISALS

LONDON, August 15

The Foreign Office has received a -report from the British Embassy at Berlin, regarding the effect of the German restrictions on British ship-p-'mg. Legal and commercial, experts a-re considering the .position immediately. The “Star’! S , s ays: A combined deputation of British shipowners suggested th-V, the Government should ban Ger-mrin liners' at. British ports, as a Reprisal against the proposed Nazi order, piiohibiting the -export of German goods, except in German, ships, •The Nazi discrimination against foreign shipping is part -of the anti-Semi-.tisim aimed at- German Jews refusing to travel or send cargoes by German '(vessels. Retaliatory . mda c -ures would : (he (disastrous- to German shipping,; .which carries 70 per cent, foreign pas-, sengers. .A

COMMERCE 'CHAMBERS PROTEST.

AGAINST NUMBER OF REFUGEES

(Received, this d-av at ' 9.50 a.m.) ’LONDON, August 16

The “Times’!/’ Paris correspondent gays- that’’ the "Metz, Colmar, and Strassbtirg Chambers-'of Commerce have protested to the GovoWimcnl against - the influx of ■'•-GeWnan refugees in the eastern * department, totalling forty thousand, whose competition threatens -I-oqal braders, jand iflnods tb-e labour market. The position was becoming worse daily.