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THE CHINA MAIL, JUNE 14, 1941
1
NAZI
DEFEAT
Don't start RUMOURS VITAL TO U.S.
WATCH
TH
COLUMN ACTIVITY
Talk about
TIGER
Instead
STANDARDS
A GERMAN VICTORY not only would lower PILOT
the American standard of living and strike a heavy blow at American agriculture, but it may also seri- ously harm the country's fundamental political institutions, the United States Government frankly
RAN
FOR
and officially declares in an unemotional analysis HIS LIFE
of totalitarian war aims.
A warning to this effect is carried in the latest issue of the Commerce Department's "Foreign Commerce Weekly," which frankly states that a German victory would in all probability, result in "a substantial narrowing of the field for free enter- prise" and "a fundamental change in the conditions under which we shall have to carry on foreign trade."
Lower Living Standards
the of
#
A Hurricane pilot, a D.F.C., forced down in No-Man's-Land between the German and ̈Anglo- Greek lines saw another 'plane circling R.A.F. above him, intending to land to pick him up.
away. He waved it
He knew Written by Louis Domeratzky, ship based on reciprocal economic
conceived by the a German patrol Chief of the European Unit of the advantages as
was hunting Division of International Economy separate individuals or countries." | him.
as hard as Bureau of
Among of the
Foreign and
"Then I sprinted the other economic Domestic Commerce,
are I could," said the pilot. the report changes which the Germans
He an three miles across states that American merchants said to be planning are the per- would be unable to make plans manent elimination of the gold rough ground with the Germans for import or export trade with standard, the establishment of a after him. The pilot added:
"I must have been running out previous agreement with great European economic clearing |
minutes and was German or German-controlled centre in Berlin and the increased about fifteen
beat when' an organisation.
participation of German capital just about dead
me and in the industrial life of the sub- Australian patrol found
with the Ger- 'ject European nations,
exchanged shots "Another economic development mans." which has taken place during the "While it is impossible to fore-war and is of great significance as
for see all the economic and social a preparation the German-bably be a combination of credit repercussions
German sponsored postwar economic order, and some form of barter, but the plans, it is safe to predict that, is the increased participation of trade would be strictly controlled if consummated, they would bring German capital in the industrial on the European side and might,
enterprises about an acceleration in the tempo and other
of the therefore, necessitate correspond- of economic change in the United occupied and neutral countries ing controls on our part." States and might force us into a of Europe.
To-day the Ruhr Coal Syndi- of self-sumiciency,
cate controls the output of the at least; & volving, temporarily
Dutch and Belgian coal fields and lowering of our living standards. A German
"This has been accomplished the marketing of coal for France. would success
This is but one example of the undoubtedly necessitate more not only through political means, move toward that European eco-
"Aryanisation" pro-
Germany which fundamental changes in our agri- such as the cultural production
recently de- more gramme (transfer of Jewish pro- nomy based on a
the German press 'Aryans') and
be established to or less permanent basis," the re-perty to German port holds.
other forms of pressure, but also clared would
promote large-scale enterprise and "It would lower the efficiency by the purchase of securities as
This of some of
soon vanish." our manufacturing in the case of the transfer of con- inaugurate an age when "economic
idylls will the trol of the B OR copper mine will presumably be as soon as industries by curtailing prospects of exports and thereby of Yugoslavia
served Herr Hitler's of delivering Europe reducing the rate of utilisation of German hands,
from democracy.
Advt. of TIGER Prize Medal BEER policy
SOLE AGENTS:-
A. S. WATSON & CO., LTD.
WINE DEPARTMENT
CHATER ROAD.
TEL. 20616.
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damental political institutions."
Political Means
many
cases
all
"German scattered! world are Increase maintain much
over.
over
from French to
the acquired they have plant capacity. If it should also participation in certain Belgium purpose restrict our access to foreign raw and Dutch iron and steel planis,
French
plants, materials sufficiently to
rayon justify the
and Duplicity In Propaganda oil properties, our resorting to artificial substi- Rumanian tutes, it would mean a higher raw- other transactions--the full extent
In agriculture, the Third Reich be ascertained
made its most sincere probably material cost for our industries, of which cannot as well as a reduced purchasing at present owing to the fact that attempt to apply its Nazi theories.
therefore, a poorer in
non-German And Because of its possible appeal power and, market for our products, in the intermediaries
evidently to the farmers of the countries concerned and because of the raw-material-producing countries. employed. "And, finally, if we should be com-
commercial houses high degree of self-sufficiency pelled to adopt economic self-
the which Its success would mean to also expected to a German-controlled Europe, it is sufficiency as a national policy, it would
In importance and to essential to realise the duplicity involve
degree of economic planning that might
closer relations of their propaganda in this respect. with the German Government. For while the Nazis are promis In some cases German houses ing to bolster up peasant farms have already taken
cer in. Southeast Europe, they are tain lines formerly handled by actually planning to make modern their place. The the occupied - countries, and, if methods Lake the German economic domina Nazi policy of raising the domes- Commerce Department
tion on the continent should be tic price level for agricultural bases its. predictions on a detailed
established on a more perman products from Southeast Europe study of Germany's actions in the-
ent basis, it may be expected above the world price level made conquered countries and upon the
that thin-wilt occur even more these countries more dependent official Nazi ideology as expressed
frequently,
upon Germany: in writings and in the statements
"If the Reich. should, win. the This
Despite the peasant's instinctive of responsible officials, idealogy provides for a Germany war, its domination of the indus-fear of German domination, such of the European a policy succeeded since the prices which will not only dictate the trial countries. economic life of the European continent might place at its d's- of corn and pigs interested him continent but will also be able to posal sufficient reserves of manu more than what appeared to be the war to abstruse problems of foreign pol extend its influence beyond the factured goods after
eliminate to some extent the icy. Here was the early stages. seas, particularly to Latin America.
"The 'now. order anvisaged need for credit. A strong appeal of that economic control of a large agricultural Europe; Germany which was later extended to: be based primarily on soonamio self-sufficiency, up to a point at would be particularly anxious to Poland, Denmark, and Holland, invasion and then by which the sacrifices involved in resume its relations with that part first by the autarchic methods of pro- of the world, for economic and confiscation
make it Im other reasons.
The German Policy
The
by the National Sociallets would on that basis would be made to section of
Latin America, as
duction would
possible to maintain the popula- tion at the proper level of existence,
Programme For Americans
of crops and' ani- mals. But always the aim is the same to reduce the chance of the subjugated peoples from freeing themselves from the Nazi yoke,
"Since, a self-sufficiency policy cannot be carried out by a small "In this effort, the Reich might German speeches have country, it follows that the small be assisted by the desire of the cently been full of talk about countries are. expected by the Latin American countries to re- lowering, customs Barriers, adjust- Germans to come into the sphere gain their markets in Europe ing Europe's monetary and finan of influence of the dominating and to obtain certain: European clal system under Berlin's super- country, as a part of its products, as well as by the activi- vision, and paint a picture of 'Lobensraum (living space) and ties of the German commercial Europe as a single cominemial économic, to help ta: supply the basis for houses whose relative position trading unit in its the large-scale economy" (gros- may be “strengthened by the financial, and commercial relations.
elimination of some Eraumwirtschaft):
of their with the outer world: European rivals, Dominated By Nazis It is also to be assumed that; National Socialist plans. wore
+
“But Garman domination: of the greater part of Europa ham - mirnazijų emiziăd disastrous lowance "One of the most significant effectuated a similar úprechwoiding or standards of living, and untold sufferi fand unlang}£}@ implications of this German be made to the United States on
bjugated, coun- assumption in that no member of the basis of the European, neech the econanuc blos should be for our cotton,, corn; handy fo
landing
HONG KONG & CHINA GAS CO., LTD. allowed to pursue a polits at ing stuffs, metals, and
240 | Nathan Rd,
variance with the baris, economic petroleum products and, otiren gaw isthmu policy down by the dominat- materiale ander foddatliffs which Ing country, and consequently that Europe; used unto; "take" ri
there on
bloc for
room in such a before the war äinternational: relatio