1939-12-14 — Page 11

THE CHINA MAIL, DECEMBER 14, 1939

BREMEN'S ARRIVAL AT BREMERHAVEN

"AS LITTLE USE IN GERMANY AT MURMANSK

London, To-day.

THE NORDDEUTSCHER LLOYD announces the safe arrival of the liner Bremen at Bremerhaven, and it is claimed that another German liner, the New York, has reached Hamburg from Mur- mansk.

The German claim that the safe passage of the Bremen gives the lie to British claims to have blockaded the North Sea was answered yester- day by Lord Strabolgi, who is an authority on naval matters.

He was answering criticism of the failure of the British submarine com- mander to stop the Bremen.

Germany as she was in Murmansk.

MUCH IN HER FAVOUR No official information is yet avail- We are fighting this war to ensure able as to whether an attempt was International law, he said, and in-made by the British submarine to ternational law is that a merchant- take the 51,000-ton German liner ship can only be attacked after per- Bremen as a prize when she was sistent refusal to stop or if she fires spotted on her return to Germany back.

from Murmansk, in north Russia.

The German version is that submarine attempted to attack. Lord Strabolgi, who was on Admiralty War Staff in the last war, upholding the action of the submarine commander in not torpedoing the commerce Bremen, declared that as

are unsuit- controllers, submarines able unless the established interna- tional law is disregarded,

and

If there were no German 'planes about, the submarine could have come to the surface fired on the Bremen. If there were 'planes, she could not surface and also, thanks to international law, could not torpedo the Bremen. In any event, he said, the Bremen will be as little use to the Nazis in

GERMAN GRAIN STORES ROTTING

London, To-day.

The Trieste correspondent of the "Daily Telegraph” re- ports that the effects of the blockade and the Russian failure to deliver even one-

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"The Bremen, however, is too large to arm as a cruiser and too expen- sive in fuel and too large to act as a transport."

Lord Strabolgi added the Bremen had much in her favour in eluding British warships because of the long nights and the possibility of using Norwegian territorial waters.-Reuter.

GERMANY'S CAPITAL ISSUES

London, To-day. "The Economist” draws at-

fifth of the grain supplies tention to the vast increase in promised has compelled

private capital issues in Ger- Germany to resort to her many since the outbreak of grain reserves earlier than expected.

The stocks are stored in churches and synagogues and emergency ware- houses, and were found to be in very bad condition.

war.

Total industrial capital issues since the end of August considerably exceed 600,000,000 for railways, whereas in the whole year 1938 private industrial issues only amounted to 107,000,000.

"The Economist" comments that these developments are extremely im-

The depots in Hamburg, Berlin and Nuremberg were so bad that an in-portant, vestigation ordered throughout the country revealed that 10 per cent. of the emergency stocks are affected.

GRAIN STORAGE

All the grain has been stored for more than six months, and therefore is being handed out before it becomes wholly unfit for consumption.

Hence the recission of the Gov. ernment order that bread must contain a minimum of three per cent. of potato flour,

They show, firstly, that the existing reserve capacity of German industry is almost exhausted, especially electri- city, industry and railway rolling stock.

STATE FINANCING Renewals, replacements and exten- sions, so long delayed, are now un- avoidable to divert the extensive re- sources to large-scale capital works.

Secondly, the controlled policy of] direct State financing of necessary in- The German public, however, is be-dustrial projects has been abandoned. ing told that they are extra supplies

The Nazi extremists have thus been

due to the fact that the warehouses defeated and the capital market freed are overflowing.-Reuter,

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