TRADE PROBLEMS

Wairarapa Times-Age, 21 October 1938, Page 6

TRADE PROBLEMS

DIFFICULTIES FACING GERMANY INTENSIFIED BY SUDETEN GAINS. NEW FOUR YEARS PLAN IN PROSPECT. By Telegraph—Press Association—Copyright. (Received This Day, 1.15 p.m.) LONDON, October 20. It is believed that the important national work which it is announced is preventing Marshal Goering attending party and State ceremonies is an overhaul of the Reich economic system and the introduction of a second Four Year Plan, devised in conjunction with the governments of South-Eastern Europe, which are to introduce parallel plans. The “Daily Telegraph’s” Berlin correspondent points out that a solution of .the problem of unhealthy export trade has not yet been sighted. Significant in that connection is Herr Funk's declaration to Chambers of Commerce, demanding from industry the most careful attention to exports. Despite the demands of inland markets, no opportunity must be missed to increase exports.

The acquisition of Austria and Sudetenland has complicated the economic position enormously from the viewpoint of the Four Years Plan. Sudetenland has brought a series of problems and factors. In addition, the Sudetenlanders are cut off from natural supplies which must be imported. A further drain will be the compensation payable in Czech crown notes current in Sudetenland, which will be redeemed against Reichmarks at a rate higher than the official exchange. The unwanted Czech currency can be disposed of only by purchases from Czechoslovakia, which will react unfavourably against German trade.