Ruhr trade is booming, and the Rhenish and Westphalian' inclu: lists are of the opinion that a speedy termination of the British miners' strike would not immediate.
affect the position, especially in View of the technical supremacy and superior organization of the Ruhr, Jalso the new Continental steel agreement and the cessation Franco-Belgian dumping competition.
The demand for household coal from. Britain cannot be satisfied owing to increasing commercial re~ quirements at home and abroad.
Record shipments of Ruhr coal to England are expected for at least three months after the strike ends all. stores in England are ex-
The Draft Convention Paris, Aug. 14.
French, German, Belgian and Luxemburg metal industry groups have issued a draft convention, to which the adhesion of the two parties concerned (which at present is withheld) is regarded as certain. The convention does not anticipate likelihood of restriction of output, but rather introduction of regul tions for more reasonable distribution of production. Quotas of production have been arranged and the proposed output will be greater than that of recent years. Agreement also has been reached on the question of regulation of specialized industries, A quota of production has also been arranged for Czecho-Slovakia and Poland and for certain Austrian industries manufacturing hardware goods.
"Lo Matin" states that British representatives have been kept informed throughout the course of the negotiations and concludes th: there are special economic reason obliging British industrial concerns ily from this
Text read from the printed page and cleaned; old type leaves the occasional error.