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Germany.

WAR AND INDUSTRIES. HOW (j'KUMANY 'WORKED, ; ANXIETY FOR THE FUTURE! Received Muy 211, 10.30 p.m. London, May 26. A neutral correspondent of the Times describes the industrial output of Germany. Pig-iron, which was 1,d00,000 tons monthly before the war, fell to 5fc>7,000 tons in August; later it rose to <JM,()!)<) tons. Coal, which was 208,000 tons in July, was !)7.<KM> in August, and eventually 1,53,0011, though it has declined recently. \Vlr>ii the 'war broke out many manufacturers lost their heads and discharged masses of workman, but the tierman genius for organ: eition waa brought into play and everv factory possible was transformed for the manufacture of war material, despiti* a small profit owing td- the difficulty of training new workmen. A committee of industrial leaders, liowever, eliminated the middlemen, and finally controlled tho whole industry of the empire, took ove* the distribution of war orders, and decided that the best use the available industrial forces could be put to was the Organised supply of metals. ' Meanwhile war credit banks were created, aided by aji Imperial grant to support undertakings hard hit by the war. Labor exchanges distributed the available labor in (the most effective manner from a central office for the' whole empire, in which employers and employed were equally represented. Despite this success real anxiety for the future is now traceable among industrial leaders. The entry of Italy haft stopped the supply of raw materials, and the country is feeling the regulta of the loss of £ih>0,000,i!(!0 of foreign, trade. MEETJXG OF TIIE REICHSTAG. Copenhagen, 'May 25. The Reichstag has been summoned far Friday.

Permanent link to this item
Hononga pūmau ki tēnei tūemi

https://paperspast.natlib.govt.nz/newspapers/TDN19150527.2.29.11

Bibliographic details
Ngā taipitopito pukapuka

Taranaki Daily News, Volume LVII, Issue 299, 27 May 1915, Page 5

Word count
Tapeke kupu
266

Germany. Taranaki Daily News, Volume LVII, Issue 299, 27 May 1915, Page 5

Germany. Taranaki Daily News, Volume LVII, Issue 299, 27 May 1915, Page 5

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