The "Voelkischer Beobachter." organ of the National-Socialist Party, declares optimistically that not only will an industry be developed which Will be worth many milliards Marks Sut that Ceimany will thereby solve once and for all time her iron-ore problem. The difficulty in supplying iron to the German industries has constituted one of Germany's principal economic problems, and as the "Voelkischér Beobachter" writes:
"Many began to doubt about the success of the Four-Year Plan because there seemed to be no solution to the question of where to obtain the iron, Now—assures the paper—the German industry will have ell iron it needs In its further comment: states that Germany will continue to import iron foreign countries but will efficient quantities from her ov so that the foreign countries can no longer dictate to Her in this fi In explaining the reason why the Reich Government departed from one of its cardinal principles of not taking its hand in industries which normally were carried under private control, the paper declares that the private industry failed to show sufficient initiative and for this reason the state was forced to interfere.
Furthermore the state control over the iron-ore control will guarantee an efficient—distribution.—Trans-
Ocean.
Text read from the printed page and cleaned; old type leaves the occasional error.