KRUPPS AFTER THE WAR.

Taihape Daily Times, 15 July 1919, Page 5

KRUPPS AFTER THE WAR.

_ ._____o.._...___ The general «policy of tlle great Krupp works-—and ‘this policy is char» acteristic. of the German peace plans——~ is not to go into uncharted fields siln—ply because they have extra machinery on hand. This machinery has already been written off their books, and they do not intend to waste any great sums of money in experimenting, in opposition to firms that have made a specialty of :these articles.

They are somewhat bothered about labour, but otherwise supremely confident of the future. And the labour situation is not causing great uneasiness, for it is believed that more employment will settle most of the differenees.

The Krupp plans are more or less the plans of the great ironworks of Bochum and Dortmund, especially the Bochum Association Steel Works, which has largely ‘increased, and the Hoesch plants. They have not generally doparted greatly from their peace work equipment, and can turn to new Orders without material change. All of them contemplate reducing to a basis somewhat above the pre-war averazge, but much below the war capacity, and all have dischwa»rged“tlle thousands of men who were imported for the war work. They are all financially stronger than beforevthe war, and ‘none has been compelled to pay ouft. so much money in unearned wages as to ,cripple them. What they did before the war they are

prepared to do again, once they hva-ve the raw materials. InAFebruary They were employing 40,973 people, but this was somewhat more» than necessary ‘because athey still had on 7000 extra clerks, who had been hired for war work, and who were retained to. finish all of that complicated bookkeeping.