1939-12-01 — Page 20

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Ann Sheridan

In The Secian's Day Pictur

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RICHARD CARLSON

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EUGENE PALLETTE – HELEN WESTLEY A 20th Century-Fax Picture of

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Latest Fox Movietone Nows

WESTERN AND EASTERN FRONTS

1. Actual pictures of ortillory battle and infantry in action,

In action.

2.

Aftermath of battle.

3. Polish prisoners of war

civilian refugees.

4; French artillery and mechanized units at the front.

5. Czechs onlist in Czoch Legion.

6. Bolglum and Switzerland propare for eventualition.

7. Australia's Preparedness.

Sub

MON.

otc., etc., atc..

BOBBY BREEN in

"RAINBOW ON THE RIVER"

Friday,

HONGKONG TELEGRAPH

Effects Of First Elovon Wacks Of War

GERMANY'S FEARFUL ECONOMIC POSITION

SPECIAL TO THE “TELEGRAPH"

December 1, 1939.,

LATE NEWS

GOVERNMENT'S

RESIGNATION

BERLIN, Nov. 30 (UP)-Eleven weeks of war have given Germany's economic machinery a severe jolt, but The Finals have not thrown it out of gear.

SPECIAL TO THE "TELEGRAPH" HELSINGFORS, Nov. 30 (UP).—

Government resigned after a steret meeting which Insted Officials hope the whole evening. that a new Government, will be

The major effects of the first weeks of hostilities termed and thus be able to negotiate,

have been:

1. Roughly 50 per cent. of Germany's foreign trade has

been cut off,

2.

Industry has been slowed up by the closing of soma factories and the restriction in production in many others.

3. Approximately one million men have been thrown out of

work through the slow-up of industry.

4.

of oll

but

Retail trade has fallen off by more than 50 per cent. One of the most significant Russia will probably have a surplus facts disclosed in a survey of of about 1,000,000 tons Germany's position is the re-neutral experts question whether she will be willing to neglect her own volution that, except for butter reserves by exporting it all. Here, and other fais, her food supply too, the problem of transportation has not thus far been threaten- arises.

ed.

Lack Of Copper

The wor further weakened Ger- Enormous Food Roserves

many's already shoky position in Relch pro- Germany has enormous food re- server and for months, perhaps years,ard to copper. The she will be able to continue import-duces only about one-eighth of her ing from Scandinavian states, south-normal copper needs. The war has eastern Europe, Russia and inly mesto cut off the bulk of her imports of the foodstuffs which she cannoi which came principally from Africa. Chile and the United States. The herself produce,

two chief sources remaining are Fin- Fand und Sweden who together presently meet only about one-tenths |of Germany's needs.

How long she can continue these Imports depends on her ability to maintain her present high industrial production for export barter.

As for other metals, Germany will Germany produces mure than 90 per cent. of her own ineat and it has have to depend upon Russia for her inereared inanganeso requirements on' been estimated that her grain surplus,

Hungary, Yugoslavia. Greece and! this year will be 1,500,000 tons.

On the other side of the balance Italy for bauxite, and on Turkey, Yugoslavia and Greece for chromium. sheet, however, the shortage of fat Poland's zine reimers made Ger-

will probably

more acute.j [TOW Germany's whaling deets, with many self-suflicient in that respect.

The Allied blockade has ept of the rombined capacity

than of' more

100,000 tons of while oil, undoubted Reich's rubber supply, and she can ty will no longer venture into the supply only about one-third of her Arctic waters where they would fall needs with artificial rubber,

prey to rilish raiders.

The war will also deprive Germany. of most of her annual catch of 300,000 tons of fish from the North Sea. Her Baltic catch is about 30,000 tons an nually.

Iron And Oil Shortage

The war created two other import- ant shortages in Germany-irup and oll. Tron is as important to industry as oil is to the war mochine,

Italy A Key Factor

Italy has become a key factor In Germany's attempt to salve her economie dißiculties, Italy forms) a bottleneck through which over- seas neutrals might pour greatly needed materials into the Relch, for example soy beans from Man- churia and oil from Russia, How effectively Italy can Germany in this manner, however,

serve

It is believed that M. Tanner, former Minister of Finance, and other lesser known officials may be included in the new Cabinet,

• There is an uneonfirmed rumour that Rusia has issued an ultirastum o Finland to cede all the original Russian demands by 3 a.m. to-day, otherwise the capital will be destroyed. Finnish 'quarters say they have received no sticla ulimalum.

Thus for the war has cost Germany will depend upon how tightly British about two-thirds of her iron are Im-warships close the Suez Canal and poris representing almost one-quarter the Mediterranean to neutral shipp-U-boat net probably will be bartered of her entire supply. Some 12,000,000 ing destined for Germany,

to Germany for coal, the Nazis hope.

121

lons of iron ore formerly Imported Neutral observers belleve Germany Germany's greatest economic gain from France. North Africa, Brazil hopes to increase imports from the from the war thus far is Poland. and Newfoundland have been cut off-Scandinavian countries by preventing whose annual coal production of The bulk of the remainder of Ger-those countries from shipping to 44,500,000 tons will serve the Reich man ore imports has been coming Great Britain. Goods which cannot both for bartering purposes and from Sweden. If Germany can con- be delivered to Britain through the the production of synthetic oil. tinue to provide Sweden with coal there is no reason to believe that Sweden will not continue to export to Germany the usual 8,000,000 tons of ore annually, or possibly more.

Germany is trying harder than ever to utilize her own source of low grade iron ore lo meet the new deficiency. In two or three years she should be able to add about 7,000,000 tons to her annual output through the con- struction of new Iron works designed especially for smelting low grade ore. She would still, however, be short of about 3,000.com

Scrious War Problem

Oil is one of Germany's most scrl- war problems. Tho hostilities have not greatly interfered with Germany's sources of fuel oll but they have doubted potential require- ments.

German military experts have estimated that 12,000,000 tons of oil --some estimates are higher--will be needed to supply the Reich in war time. To-day, Germany can provide Jess than 30 per cent of that amount i from her own resources.

By intensifying her efforts, Ger- many can' recover more than 3,000,- 000 tens of benzine from her vesti coal supplies this year, and next year probably will increase the amount to 4,000,000 tons. Oll well Sourcex amount to only about 600,000 tons yearly..

are

Rumania and Russia

the kellest sources for the balance of Germany' oll riecdn. Rumania annually disposes of a 0,000,000 ton surplus. It is questionable, however. whether Germany will be able to transport this amount. Neutral ex- perts have estimated that only about half of it could be brought into the Relch by way of the Danube River.

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