New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-07-11
Germans View
us. ShipP acts
As a Great Aid
b.. Hans Stolzenburg Says
Teuton Lines Have Chance
TO Recover Trade Quicker
Under The Agreements
Americans Benefit Also
Germany Must Carry ITS Sea
Trade to Avoid Paying
Abroad, Writer Declares

Respite the great depression in tiie
m,ds shipping trade, Germany will
ae to build ships and try to carry
1 - imports and exports under her own
lr in order to save at least part of
1. sum which otherwise would have
gbs paid to foreign ship owners, says
/ b. Hans Stolzenburg, German ship
nag and commercial authority.
Oppressed as the country is by an
,aornous load of debts" he adds, "the
suntry is simply not able to pay. A
ket Of 100000 tons will not afford
anplete independence of foreign ton
are, but it will perhaps suffice for the
rsnsport of the most necessary import
Ind export goods and Herewith con-
aserably diminish the tribute to for
ign countries"
Writing from Hamburg to the pub
Gcaton. Pacific Ports, DR.. Stolzenburg
soints out that the first place in Ger
rany's overseas traffic last year was
.sld by the American flag, which was
represented in the year before the war
y 5000 net tons of shipping, and which
asst year had a representation of
l0SS,000 net tons. outnumbering ton
uage under the British flag.
U. S. Leads in German Trade
Touching upon the agreements be-
tween the Hamburg American Line and
lie United American Lines and between
Tie North German Lloyd and the
United States Mail Steamship Company.
Dr.. Stolzenburg says:
ain the history of the reconstruction
Of international relations after the war
twill always be looked upon as most
gratifying proof of the returning feel
Ing for economic solidarity that in
these German-American communities
Of interest practical business men on
both sides of the Atlantic Joined hands
once more in order to do peaceful work.
ashough their countries were still for
nay at war.
Seek Mutual Advantages
During the short time of their exist
ehee the treaties have already proved
. be advantageous to both parties,
They have afforded the German com
panies the possibility of getting en-
ployment for their plants to a greater
extent and at quicker pace than thew
would otherwise have been able to do,
and Of replacing their home organiza-
ticn which was preserved during the
war for the international traffic.
For the American companies the
agreement with the German firms
means easy introduction into the Ger
man overseas trade. 1t saves them the
failures and losses with which they
would have had to reckon had they
been forced to build up their business
step by step.
IF the United States Mail Steamship
Company and the United American
Lines in organizing their plants can
avail themselves of the experience of
stiles who look back to long, success
iul activity in this traffic, this will be-
an advantage which, in view of the con-
stantly growing competition fl interna-
tional shippig, is of particular value.
AT any rate, the connection which
the German companies assures to the
American lines does great deal to-
ward creating once more an atmos-
phere of good faith between the two
countries, which, in their economic life,
cannot DO without each other"