TOPICS OF THE DAY

Waikato Times, Volume 125, Issue 20957, 9 November 1939, Page 6

TOPICS OF THE DAY

Can Russia Supply Germany? “The extent to which Germany could supplement her raw material resources from Russia is strictly limited. So long as Russia maintains an attitude of strict neutrality, it might be possible for Germany to cover her deficiency in timber and, provided transport is available, in grains, manganese and a few minor commodities. And since Russia’s industrial equipment has been largely supplied by Germany, she would probably be willing to exchange these commodities for machinery and, possibly, the assistance of industrial experts. The position might be different if Russia were anxious actively to assist Germany in the event of war, but apart from being compelled to give Germany credit, Russia could only supply Germany on a large scale if she were willing to reduce her own consumption of rawmaterials and foodstuffs—that is. to increase Germany’s war potential at the expense of her own. But, even then, the volume of trade between the two countries would be severely limited by lack of transport facilities. In some, it would take years of preparation before Russia could make good some of Germany's principal deficiencies, and it would then be possible only if she would grant large credits to her voracious new friend.’’—The Economist.