Yorkville enquirer. [volume] (Yorkville, S.C.) 1855-2006, 1918-04-26
eERMANY's DREAMS cRUMeLE
Experts Say Failure Of Commercial
Aims is Already Apparent.

Germany started in the war to es-
tablish domination Of the worlds mar
kcts for her manufactured goods
and to gain L stronger control OF the
by the department Of commerce. The
report is the result Of detailed IN
yestigation Of German political. indus
trial and commercial activities before
and after the outbreak Of the war,
conducted by Chaunccy ID. Snow, as
sistant chief of the bureau Of foreign
gagged in Industrial studies in Ger
many when hostilities began. The
failure Of these commercial aims al
ready is apparent, says the report, and
German Industrial efficiency has de-
Perforated materially.
There has been serious bungling IN
high prices, profteering. gross mis-
mana cement and intense dissatisfac-
tinn among the working classes, II
SAYS. Stocks Of materials have been
used up, substitutes have failed to
satisfy. equipment has deteriorated
and some industries have profited
greatly by the war at the expense OF
efficiency for peace times
Gcrmany's problem as viewed by her
rulers was to overcome "the limita-
tions Of German territory and the
restrictions Of our climatic conditions,
in connection with its increasing and
more refined requirements"
AS phrased in the report, Germany
confidently expected as result of the
war 10 get huge indemnitics, which.
like the great indemnity exacted from
France in 1871. would pay the bill OF
war and clear the way for uninter-
ruptcd. unparalleled strides, leaps and
bounds in industry and trade. Ger
many unuuestionably counted on Grip
plng the resources and competitive
powers OF her chief European COM
mercial competitors"
When Germany. on the close OF
h0stiliticS. enters the race for COM
mcrcial supremacy. she will be handi-
capped. says the report. by the fact
that she will have as rivals eighteen
nations. which actually have been AT
war with her. and nine more which
severed diplomatic relations.
Commercial treaties, with the ad-
vantagcs all on the German side, Will
he hard to negotiate" is the opinion
expressed in the report. 1t will be a
rare country where Germany may
dominate trade industry. shipping and
finance without local realization and
opposition.
Owing To the uncertainties OF war,
most OF the measures for re-enterinS
foreign trade arc still in the stage of
discussion, only few having received
legislative sanction. Many of the in
dustrics have been syndicated or con-
solidated. An imperial ministry of
economic affairs has been created.
subsidies have been voted TO rehabili-
tate the merchant marine, steps nave
been taken to promote the expectation
of German goods under the guise of
neutral products
THE loss OF capital during the war
the lack of ship space and the Difficult
ty in obtaining foreign credits and
means of payment for the imports OF
raw materials and foodstuffs are re-
garded in Germany as the principal
obstacles to n speedy rebuilding Of the
foreign trade. Thu low exchange value
of the market will enforce economy in
importation. and the state will be
Obliged to interfere. not because 1t
has become socialistic. hut because 1t
will have no other voice"