1940-11-13 — Page 24

Page

******

FOR SMARTNESS AT LOWEST COST

Suits Made To Order

From $39 to $110

Only British Materials Guaranteed Fitting.

K.

W

THE CHINA MAIL, NOVEMBER 13, 1940.

Wann

STRIPES

TEL.

This smart, more. con1- servative pattern more and more being worn by business men and young executives

18

27040

for daily wear,

CHINA BUILDING, OPP. HONG

TWEED

IN ALL PATTERNS AND ALL STYLES Once again tweed leads the pack for less dressy occasions. You can wear them for business well as for sport.

KONG HOTEL.

· BRANCH:—-34, NATHAN ROAD, KOWLOON

Have You Sent The Wife The Overland China Mail This Week?

HE

Price: H.K.$4.75 per 3 months including postage

THE NEWSPAPER ENTERPRISE, LTD.

Windsor House, Tel. 20022;

GRAND CIN

THIS "YES IT'S FINDLATER'S

AND ONLY FIVE BUCKS

A BOTTLE!

The Best of Gin

$500

Yet cumpare

the price! bottle

per

DRYGIN

Findlater's

DRY GIN

ilman

WINES

SPIRITS Dept

A meeting of the British Air Council at the Air Ministry, the Royal Air Force's headquar- ters in London. Sir Archibald Sinclair. (centre), Air Minister, leans over to say a word to Air Marchal E L. Gossage, Air Member for Personnel. On Sir Archibald's, left Is Air Chlef Mar- shal Sir Cyril Newall, who has just resigned as Chief of the Air Staff and on his right is Cap- tain H. A. Balfour, Under-Secretary of State for Air.

NAZI ECONOMICS IN OCCUPIED

AREAS

EVIDENTLY GERMANY is pursuing the same subtle economic policy in the occupied territories as she followed in the Balkans under the guidance of Dr. Schacht and Dr. Funk. The similarity of the methods adopted in exploiting these countries for Germany's own ends is the subject of expert com- nient in London..

The main Nazi aim in South-eastern Europe was so to link the economic systems of the Reich with those territories that they would remain at- tached financially and commercially even in case

of war.

The Germans bought the agri-; the beginning of July was es- cultural produce of the Balkanstimated at 150,000,000kr., and the on long-term contracts,. often at Danish export surplus in less than above world quotations, and "as-three months of German occupa=" sured those countries a steady. tion at 200,000,000kr, This figure sale over a number of years. As is remarkable, as it is identical a result the latter gained extend-with that of Denmark's normal ed credits with which they could quarterly exports to all countries purchase what the Reich chose | (not her quarterly export to offer, which was largely ar-plus).

maments and

mast

sur-

machinery and As in the Balkans, so in the sometimes goods of the now al-occupied territories, there has proverbial "aspirin and also been manipulation of the mouth-organ" type.

rate of exchange to the advan- tage, of course, of the invader.

. But as the flow of goods to Germany was much more regular For example, the French franc than the supply in return, the is now valued at 20 to the mark; Balkans in most cases accumulat- the Belgian franc, which at the ed large credit balances in Berlin. time of the occupation was 10 to Another disadvantage. was that the mark, has gone to 12.5, while the Nazis might charge heavily the Dutch guilder has moved for their goods or might insist on from 0.87 to 0.75. Similarly, the an unfair valuation of the mark.goods which the occupied terri- The latter trick was worked, on tories can import; and their price," the Rumanians.

are entirely in the power of the

0000000000000

"PROTECTION" NOT WANTED

Representatives of the Swiss Legation, representing German affairs in Britain, have recently been permitted by the Home Office to visit internment camps to.. offer internees the protection of the Swiss Government.

It is understood that in nearly every case avowed Nazis have availed themselves of the offer, while anti-Nazis have refused, stating they prefer the protec- tion of the Government.

British

TRAPPED MOTHER MOTHER RESCUED

At the same time, the Bal-Reich. None can be brought A young mother, trapped with her baby under the wreckage of kana, by aslling so much of from oversea. their produce to the Reich, Therefore the Germans do not her London suburban-home when could not supply other markets have to undersen competitors and it was bombed, was rescued by in free exchange countries and can charge what they Uke NOTAR.P-workers, twenty-seven were therefore unable to ac- do the Nazi, Government heed to hours after they first heard

order to cry Please help me an «quire free currencies. Thus they subsidise exporters. In

baby were deprived of goods from keep prices down,

The man was unconscious. such countries.

•The

Working in Under these conditions the fate

German Admissions

و تارا

they could trace.he

her

of the Balkans was to become the From all this reviderice Itt shifts, had to dig-15 feet before Jarder of Germany, and to see their clear that in the same way as thụ: factory industries gradually van-Balkan economic system was reOne of them told a reporte

We were not sure where to dig ish. In order to make up planned to meet German needs, deficiencies in the Reich they the occupied territories would be at first, as we did not know whe were obliged, for instance, to reduced to the status of agricul ther the inhabitants of the houses plant increasing areas to soya tural countries supplying an inwere in basement cellars or

ters. beans and sun. Bower, Denmark dustrial conqueror.

“The mother's cry guided us. has now to plant more oil-The standard of living would seeds,

be lowered just as that of the Polcs and Czechs. Some frank adralssions of these objects have Women and Girls and the Blind - The Salvation Army Home for been made in the German Press Home, Pokfulam are holding In the occupied territories very and broadcasts.

United, Sale of Work at· Phillips much the same type of exploita Hilversum gave a plain hint to House, Mody Road, Kowloon, to- tion is proceeding, but on an ex- Holland saying: "It is economic day. tended and rather refined scale.madness for every country to try i In these cases, however, there is to produce everything from pins to no limit to the accumulation of large machines. Nor should clearing balances against Ger-large Industrieg · be established many. The invaded lands can which do not pay their way;" sequel to Dr. Funk's statement of go on exporting to the Reich and receive no goods in return.

Two-Way Inflation:

In Belgium credit is given by the Central Bank to exportors: who have sold to Germany, Thereby a two-way-inflation is created, since the more goods leave the country the more money circulates in it. The Ger- man: clearing debt; to Denmark at!

occupied territories are a natural

The Voikischer Boobachter" July (25; cn, the economic: re- announced recently. that with construction of Europe, which the German talent for or concluded with these words: *ganization

French food "Every European country is to resources would be exploited develop its own economic resour- -to-the "full" "extoht." ****We ces and to trade with other coun=" Germans are just be much in tries, but the principles and terested, in the French harvest methods regulating such trado as the French themsolvès.”! will have to be more or less

In short, Nazi methods in the [German."