TRADE RESUMED. .

Manawatu Herald, Volume XLI, Issue 2024, 4 September 1919, Page 3

TRADE RESUMED. .

BETWEEN BRITAIN AND GERMANY, OPEN DOOR RUSHED. London, September 1. Anglo-German trade resumed today. There are evidences everywhere in London of the Germans rushing the open door with (he greatest zest and elaborate civility. The press quote' astonishing low prices of many lines, and promises of immediate delivery. Sellers point out particularly the advantages obtainable through low German exchange, and cheap production. The.example is staled of a piano offered for £3O, which is the equal in quality of the English instrument costing £135, Engineering supplies are quoted at forty per cent, under ihe English, Some lending firms firmly refuse orders, hut confess it will lie difficult to avoid dealing ultimately, owing to the competition of numerous smaller houses unless (lie Government limits dumping. Others arc frankly stocking German Christmas goods, finding the prices irresistible. English manufacturers of textiles admit that they are still tremendously handieapped owing to the extreme cheapness and high quality of German dves.

The Federation of British industries is convening meeting of various trade sections to discuss the demands for increased protection, which is regarded as vital.

A Leipsig message states that the British, Belgian, Italian and American buyers of toys, porcelain and fancy goods attended a fair, which opened on Saturday. The fair exceeds the usual proportions, and much business was transacted.