The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1921-08-08
MANUFACTURERS
OF GERMANY PLAN
CONTROL OF TRADE

tBy the Associated PreSsl
Berlin, Aug. S.-German export man
-facturers are laying plans to win
control Of so per cent of the worlds
commerce by the time the war i'm.
oemniiy is lquidated and g. do this.
which they consider essential If Ger
many is to meet promptly her obl-
cations % former enemy countries and
remain economically sound "fee.ers"
have been put out for negotiations for
extensive credit loans in virtually ev-
cry country once interested or now at
tracted by German trade possibilities.
The German manufacturers, who are
understood 10 be closely cooperating
in plans to launch the campaign for
world commerce, are hoping for spc-
c.al agreements with Amer lean manu-
fscturcrs which would not take into
consideration in any apprcciable man
ncr the proposal Of the American Fl.
nance Trade Corporation 20 establish a
$1,000, ,O0C buying fund i'm the United
States for Teutons.
Already number Of tentative agree
ill'liIH nav 80 NtNH IIliif IltlNftsll TIER
man and American firms ION pre-war
acquaintance and postwar money val
Jes,' but the fluctuatine mark and the
high cost Of the dollar have rendered
any large deals on a strictly cash ba-
sls cut Of the question.
The delay in declaring the state
Of war between the two countries at
ON end also has embarrassed manufac-
turers in both countries. and even now.
tHat peace has been declared. the sit
uation is uncertain because it is
believed many weeks must elapse be-
fore the nationals Of either country
know approximately what the new re-
lations will be.
Tn" Germans are placing their prin-
cipal hope for favorable relations with
American concerns in a scheme By
which they would act as European
agents" for the Americans, and would
manufacture in Germany raw materials
sent from the United States and sell
these manufactured goods to the Am
ericans' customers here on a per cent
age basis. This scheme already has
been proposed TO certain American
manufacturers. Concerning this plan
an informant in close touch with the
German ndustriaists said:
Many German factories are now
working only half time not because
there is no market for their goods,
but because they are unable to secure
raw materials at reasonable prices. The
cost of production in Germany is
so much less than it is. in America
hat the Americans, as well as the
Germans could cooperate profitably
in meeting the European demand for
manufactured articles. The market for
cotton goods, for agricultural machin-
cry. for automobiles, in fact for all
sorts of machinery, will not be over
supplied for many years.
This proposal is particularly timely
now. when it is estimated that the
worlds surplus cotton crop this year
will exceed last years by five and a
half million bales. The European de-
mand for cotton goods has been de-
creased by the substitutes which Ger
mans especially have been forced to
manufacture but 1t would promptly
revive if the goods could be placed
Gbeaply before cotsumcrs. The high
cost OF labor and the high value of
American money abroad makes it next
10 impossible for the Americans TO
meet this demand The Germans feel
they could do IL.
There is another point which the
German iudustrialists are making in
their argument Tor cooperation with
American manufacturers-th increas-
ing output OF the German mills is
bound adversely TO affect American
foreign trade. for Americans cannot
compete with tt, Germans in many
lines owing to the difference in the
cost OF production. Co-,p peration would
give the two countries virtual world
monopoly on large per centage Of
commerce, and bee profitable to both
sides.
III no working agreement can be |
reached in tae European trade the |
German plans call for the sharpcst |
competition possible. German compeu- /
ton already D making itself manifest /
In the South American trade. where .
tho Germans are rapidly regainIng .