The Archive · 1938

Germany Assesses New Wealth

"Gained in Sudetenlands Almost All of Czechoslovakian Industrial and Mineral Resources Absorbed Into Third Reich Berlin, Oct. 8. HAT Germany did not acquire a pauper in the Sudeten territory is indicated by a comprehensive report published today by the German Institute for Business Research. This survey indicates that many of the principal industries in the former Czechoslovak state are located exclusively in the Sudeten districts and the total production of the territory, that is now German, was estimated at Rm.4,000,000,000 in the year of 1930.

Since that time however the fall in prices and production has resulted in a shrinkage of the total income.

The silk and lace industry of Czechoslovakia is entirely fin the Sudeten territory and 95 per cent. of the weaving and knitting industries are located there.

Of the wool, linen and jute industries 85 per cent. are now in German hands; 80 per cent. of the dying and bleaching factories have passed out of the Czechoslovak state and 75 per cent. of the cotton textile industry has been lost.

Over 90 per cent. of the textile machine industry is located in the Sudeten districts,

Text read from the printed page and cleaned; old type leaves the occasional error.

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