It follows that the security and possibilities of economic development Which Germany seeks to guarantee through the Four Year Plan have nothing whatsoever to do with he" isolation from the rest of the world Germany will always remain a typical manufacturing country dependent upon the imports of foreign raw materials and foodstuffs, which, again, depend upon her capacity to export. Speaking at the opening of the German Pavilion at the Paris Exhibition, Dr. Schacht said that with the exception of Switzerland, which enjoys an international guarantee of neutrality, Germany is the only country in the world which does not possess adequate home or colonial food supplies for its people. This insecurity in the question of food supplies constitutes an element of unrest which can only be overcome by removing its cause. Germany, as one of the have-nots, will continue to put forward her claim to economic-equality which has hitherto been withheld from her, Practical international measures will only be possible after certain important questions have been peaceably settled and an amical revision has taken place, It is obvious that the colonial question is the most pressing problem of the forts in this direction have not been confined to theory, repeated attempt: to build up a sound exchange, of goods on a reciprocal basis having been made in spite of the slender gold and foreign exchange reserve at the Reichsbank. These efforts were not altogether successful; the amount of German manufactures sold abroad became smaller and Germany's means for importing the necessary raw materials dwindled correspondingly. This state of affairs was serious on account of the domestic trade recovery and con-amount Pictures Inc. lvania RR.
Petroleum. Public Serv of NA. Pure Oil Radio Corp. of Amer. Republic Steel Ca.
e Copper Heynolas Tobacco Schenley 2 51st, pid, Scars Roebuck Shell Union Oil Scony-Vacuum Sthrn. Cal. Edison Sthrn. Pacific Southern Railway Sthrn. Riy 5c; pid Stand. B. new form of international trade ever attain the same volume as in former days, or will it be restricted by the urge towards national independence? The answer is that nations have always tried to make the most of their/own resources without lessening international trade. National economic self-sufficiency is not a new idea; nations have always tried to produce as much as they could at home instead of buying abroad.
The future of international trade to-day is promising. The more industrial progress there is within each separate state, the greater will be the quantity of goods to be exchanged, because it is fully recognized that the more industrialized a country is. the greater its foreign trade. The interchange of goods will also be promoted because it contributes to general progress and the welfare of the nations. It is Germany's desire and intention to ce-operate in the reconstruction of a healthy international trade.—Trans-Ocean News Service
Text read from the printed page and cleaned; old type leaves the occasional error.
