HITLERS PLANS

Waikato Times, Volume 127, Issue 21177, 29 July 1940, Page 8

HITLERS PLANS

RUMANIA AND POWERS | SIGNIFICANT MOVE OPINION OF SOVIET United Pres? Assn.—Klee. Tel. Copyright) (.Received July 29, 3.15 p.m.) BUCHAREST, July 28 | It is announced that Dr. Galencu i has postponed going to Moscow until ! August 10. ; The delay is considered significant, j as it will probably enable him to go 1 thither with full details of Hitler’s j plans for South-eastern Europe, r Soviet quarters here believe that nothing will be done to change Rumania’s frontiers before a full diplomatic exchange between Berlin, Rome, Moscow and Bucharest. Reliable quarters confirm reports I of German troop movements from Western Germany eastward, including Poland. NAZI EUROPE HOPES OF GERMANY BRIBERY AND BLACKMAIL NEW ECONOMIC ORDER (United Press Assn.—Elec. Tel. Copyright; LONDON, July 27 The remarks addressed to foreign pressmen in Berlin by the German Minister of Economics, Dr Funk, on the “new economic order” to be imposed upon Europe, have been read in economic circles in England with some interest. The interview bears obvious signs of being aimed as much at the outside world, which is required to accommodate itself to a Nazi-ruled Europe, as to lesser States, which are required to cooperate in a subordinate capacity with Hitler’s Greater Reich, and the part intended for other continents is a characteristic Nazi mixture of bribery and blackmail. Outside countries are encouraged to hone for excellent trading opportunities in post-war Germany and its subjugated European “ colonies,” but business circles in those countries may feel somewhat suspicious when they hear also that methods will be employed which have already brought most satisfactory trade results to Germany before and during the war. Autocracy Aimed At They will remember what these methods were like and that their aim was autocracy. They will have neard how countries brought within the Reich’s economic order have been exploited by clever manipulation of the bargaining power of a great economic entity concentrated in the hands of the State. Examples will be known to them of how the power to close the German market to a country’s products or to switch German purchasers elsewhere, would be used to force delivery of just those exports Germany wanted in just the quantities she desired, without regard to the effect on the balance of the other country’s own economy, or the rest of its export trade. They will remember how by one device or another the terms of trades were turned to disfavour of countries exporting to Germany, and how in the end they would often be confronted with no alternative but to take payment for their exports in goods they did not want—accidental surpluses of this or that branch of German industry—or to watch anxiously the growth of a credit in their clearing arrangements with the Reich which, with seeming paradox, worked to put them more and more under the necessity of economic subservience to their debtor. That experience might befall any country which for one reason or another took advantage of seemingly tempting opportunities to trade with Nazi Germany. In this connection an interesting press report has just been received ill London, according to which Italy and Germany owe Mexico 4,000,000 dollars for deliveries of petrol before the outbreak of waf. Follow Nazi Methods But at the same time as holding out these delusive prospects, Dr. Funk made it clear that any State in the New World as in the Old, which ventured to uphold economic ideals other than Nazi or pursued another economic policy, would incur the disfavour of those controlling the European economic machine from Berlin. He hinted that the United States would be expected to attune its policy to the Nazi theory. If what the new economic order sketched by Dr. Funk would offer to other continents is spurious trade relations, what it would involve for the rest of Europe is economic enslavement. That is an opinion which has been frequently expressed in the British press over recent weeks, and economic experts in London, reading between the lines of Dr. Funk's carefully-planned statement, find in it full justification for the newspapers’ judgment. German economic hegemony is to be established at the cost of sacrifices in other parts of Europe which will disrupt economic life. The Nazis’ schemes, whether they be of Dr. Funk’s or Dr. Sqhacht’s devising, spell permanently reduced standards of living in Europe. This reduction will bear immediately and sorely on all classes in States of northern and western Europe. In the more backward States of the south-east it will be felt first among the professional classes and traders. Exploitation of Peoples Behind Dr. Funk’s phrases such as “ currency problems will be solved automatically through the redistribution of labour.” “ it is not intended to restore free foreign exchange or to create a currency union, which would be a Customs union.” “ it is not intended to put Greater Germany on an entirely self-sufficient

basis, and Germany will continue to export manufactured goods ”—behind such phrases lies plaus for the exploitation of all other fur Germany ® benefit.