GERMANY AND TRADE.
NO HINDRANCE TO BRITAIN. FINANCE TROUBLES AT HOME. By Telegraph —Press Assn. —Copyright. Received Sept. 18, 11.5 p.m. j London, Sept. 18. Lord Beaverbrook, writing to the Sunday Express from Berlin, refutes the idea that German manufacturers will capture the British export trade because the depreciation of the German currency enables German goods to be placed on foreign markets much below the prices of British goods. Lord Beaverbrook declares that Germany is devoting herself with intense energy to repairing the internal wastage of war, and not to her export trade. The advantages which the depreciation in currency gives German manufacturers in foreign markets is being wiped out by the increasing costs of labor and general costs of doing business. The inflation of German currency has produced an internal financial chaos, and it is absurd to suggest amidst this chaos that German manufacturers are able to undertake a campaign to capture the world’s export markets.—Aus.-N.Z. Cable Assn.
Permanent link to this item
Hononga pūmau ki tēnei tūemi
https://paperspast.natlib.govt.nz/newspapers/TDN19210919.2.38
Bibliographic details
Ngā taipitopito pukapuka
Taranaki Daily News, 19 September 1921, Page 5
Word count
Tapeke kupu
159GERMANY AND TRADE. Taranaki Daily News, 19 September 1921, Page 5
Using this item
Te whakamahi i tēnei tūemi
Stuff Ltd is the copyright owner for the Taranaki Daily News. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International licence (CC BY-NC-SA 4.0). This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Log in