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THE CHINA MAIL, JULY 81, 1989
GERMANY'S PROBLEM OF
FALLING EXPORTS
Yearly Agricultural Deficit Of £220,000,000
INDUSTRY AT FULL CAPACITY
According to an official review the most strik- ing features of Germany's present economic posi- tion are as follows:
An industrial organisation running at maxi- mum productive capacity;
A labour market strained to the greatest possible degree;
An annual agricultural deficit of between £215,000,000 and £225,000,000 at the par exchange;
A falling export income which threatens dan- gerously the supply of imported raw materials essential to the functioning of the Four Years Plan. The review "is of "Germany's made by Germany during the last economic position in the middle of six years are reflected by the state- 1939," and it is has been prepared ment that while in 1982 ahe ac- by the Reich Kredit Gesellschaft, of counted for 8.3 per cent.
of the Berlin.
world's industrial production,' at the beginning of 1939 her share had risen to 13.3 per cent. This was increased to 15 per cent. by the inclusion of Austrian, Sudeten, Bohemian and Moravian industrial production.
The report records remarkable achievements on the part of Ger- man industry in its efforts to at- tain self-sufficiency for the Reich.
The impression made by the re- port, however, is that Germany has chosen to fight a losing battle against economic facts, which can be altered only by the opening up to the Reich, within the scope of her own payments or barter sphere, of new fields from which she can is said to exceed that of Britain by draw materials and foodstuffs
Germany, it is stated, is now the greatest industrial producing coun- try of the world after the United States. The production of the Reich
on approximately one-third.*
a favourable basis. In this connec- tion the report re-emphasises the importance to Germany of the South-Eastern European barter markets.
INCREASED PRODUCTION The prodigious industrial efforts
OFF THE RECORD
QUIET THIS GUYS SICK?
BAD
SUNBURN
CASE
HANDLE WITH
CARE.
The drain on the labour market has resulted in wages
far above
the economic level for skilled and unskilled workmen.
(Continued on Page 21)
By ED REED.
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DOCTRINE DISAPPROVED
WARSAW, TO-DAY.
NEWSPAPERMAN ARRESTED
Chungking, To-day.
Mr. Ching Hsueh-cheng, former manager of the "Hwa Mei Morning Post," has been arrested by police of the Shanghai Municipal Council SITY, DR. KUBLJEVICZ, HAS at his apartment on Avenue Edward
THE WELL-KNOWN GEOGRA- PHER OF CRACOW UNIVER
BEEN DEPRIVED OF PERMIS- SION TO LECTURE BY THE
POLISH MINISTER OF EDUCA TION.
Dr. Kubijevicz is a Ukrainian and an authority on the “Ukrain- ian Question."
It is believed that the measure, which caused considerable sur- prise in University circles, is con- nected with the fact that the scientist attempted to prove that 9.1 million Ukrainians are living in Poland, contrary to the official Polish statistics, according to which only 8.2 million Ukrainians end 1.2 million Ruthenians are living in the country.. Trans- Ocean.
LOYANG RAIDED
Loyang, To-day..
VII.
Mr. Ching's arrest, it is under- stood, was at the request of the Ja-
authorities panese military.
in Shanghai. The reasons are not divulged.
The "Hua Mei Morning Post" was one of the most outspoken "pa- pérs against the Japanese.-Central- News.
ICHENG BOMBED
Fancheng, Hupeh, To-day. Nine Japanese aircraft bombed Icheng, on the west bank of the Han River, yesterday, dropping over 40 misales.
Shortly afterwards, gine other machines flew over Kwanghwa, northwest of Siangyang, and releas- ed some 20 bombs in the outskirts.
-Central News.
PEAK CHILD
BITTEN
Master
Robertson, seven-year-
*Civilians were killed and wounded and aboirt 400 Houses reduced to? B wuwuflés: whên” nine Japanise planes old; san; of Mr. Sand Mrs. W. G.
va severe air raid over her Rol
54 bombs were
the vaiders inside the tow
The Beak was he lad