GERMANY’S BILL.
TRADE AND REPARATION. THE TEXTILE INDUSTRY. By Telegraph.—Frew Assn —Copyright. Received Sept, 21, 5.5 p.m. London, Sept. 20. The Morning Post’s special Berlin correspondent doubts the capacity of the German textile industry to contribute its quota to reparation. The industry is in an unstable condition, and is greatly handicapped by the fall in the efficiency of the works during the war, labor troubles and the Rhine Customs barrier. It is clear that Germany can only pay by surrendering a large proportion of the profit of her foreign trade. Of the spindles now working in Germany 60 per cent, are pre-war. France is misusing a clause in the peace treaty which permits Alsace-Lorraine to send the same quantity of goods as she exported before the war, and thus when French trade begins to flag Germany is inundated with French textiles.-Aus.-N.Z. Cable Assn.
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Taranaki Daily News, 22 September 1921, Page 5
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143GERMANY’S BILL. Taranaki Daily News, 22 September 1921, Page 5
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