Evening journal., 1921-10-28
germany CUTS
JOBLESS ARMY
Nation Now Has Only 4OO,-
600 Workers Out of
Plants, Factories
INDUSTRIES ARE
BOOMING AGAIN
BY CARL d. GRoAr.

BERLIN. Sept sO.-Germany's
industrial situation is booming.
It's governmental finances. how
ever. are in a ruinous condition.
with scant prospect Of improvement
in the near future.
German industry has been grad
ually but surely coming 20 the fore
since the revolution. Two summers
ago everybody. except the far
seeing and those who had no prop
aganda to turn out. were saying that
Germany was ruined"
But her Industriahsts have not
been idle in the meantime. And the
workmen. formerly obsessed with
strike fever" have long since
passed the stage where they hope
10 achieve their ends by strikes on
any and all occasions. In place OF
this strike fever has come the old
pre-war "Arbenslust''-wili
OF desire TO work-until now Ger
many has only around 100000 un-
employed.
As a result OF the growing recon-
struction. Germany Is now doing a
tremendous business abroad and at
home. She Is cutting into the South
American trade Of America and
England due mainly to the fact
that her exchange Is so deprecated
that these countries cannot compete
with her.
SHINES. Krupp. and Won Haniel
have been busy consolidating small
er concerns. improving their pro-
cesses and organizing for a cam
paign that comprehends securing OF
a large slice OF the worlds trade
Take Krupps. for instancel The
world knows Krupps mainly for It's
guns and munitions. for its big
Bertha" Of wartime. But Krupp
while always employed 10 a certain
extent on wartime work, has ever
been a tremendous peacetime steei
Industry. Its products have been
known the world over because OF
the secret processes which made
their steel superior. Today. Krupps
employs about $4,000 workers. OF
1900 more than before the war
This increase is partly due 10 the
fact that extra shifts must be in.
stalled 70 meet the eight-hour daJ
requirements. but Il also means tha'
Krupps is now on a full peace foot
ing and going strong" The las
vestiges Of gun manufacture havl
been swept away. Now. Krupps II
mammoth steel plant, making
locomotives. car wheels. freigh
cars. machinery OF various kinds.
Krupps Is merely a sample. Wha
Is true OF the achievement OF thi
concern is true OF virtually ever.
line OF German Industrial endeavor.
The only industry suffering a sluml
Is shipbuilding. This Is dull. ow
ing TO the fact that Germany cai
now buy tonnage cheaper than sh
can construct Il. She has. how
ever. already placed the nucleus o
a new commerce fleet upon III
seas. and every indication Is tha
within the next few years she vii
again have "a place In the sun" a
respects ocean carrying.
Germany has talked much Of so
cianzation since the revolution, bu
has done nothing important {
achieve Il. The great consolidatio
undertaken by such men as Stinne
and Won Haniel are socialistic in tn
sense OF their inclusiveness, but ar
quite under private control. Thes
consultations are so tremendou
as to rival the romantic conbina
tions OF vast industries in America
It can truly be said that Germa
industry is fonrishing. But on IN
other side OF the picture, Germany
finances are In a despairing cond
ton. swamped with debts an
reparations. her budget is sick.
is estimated that to meet her debt
including repaations, German
must raise at least 100,000.00o,0o
paper marks a year; and must d
an export business OF 2,O0O,00O,0C
to $500. 900. 900 marks more al
nually than before the war.
The German task Is immense. III
industrial leaders, however. al
striving to readjust their method
to meet the new requirement
These requirements. aided by bs
exchange, are making business Il
Germany. Her leaders say that,
she is compelled to go to the bitt
end with reparations, she will ha'
acquired an industrial techniqt
and ability which will give her
supreme place in the worlds bus
ness.
A machine has been devised tn
Il