The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1921-12-04
Americans Not Alarmed
at Threats of Germany
to Make Markets Cheap


M Tho reports which have Filtered
Wto the United states for the last
Xar or so that Germany Is planning
~ flood the world" with cheaply
H'ade goods have not materialized 10
p extent to cause American manu-
fatcurers serious apprehension. a
eurvey OF Imports from Germany in
the last few months shows that
mere mas been decline, rather
than an Increase, in volume and
value OF such goods, and apparently
fJhis decline In export trade has fall
en- OF precisely In export trade Dr
Great Britain and OF the United
Two principal reasons are given
tor the decline. First. the confusion
which has followed tho violent de-
chnQ OF the mark, and the difficult
~ on NdoinR bgsincas In a currency
whose Spstah ness is It's chief char
ncterlstlct. second. the lack OF raw
materials Inside the former German
empire. Then. too. there Is the
quality 20 be considered and Waite.
Rnthenau frankly summed up Ger
many's handlcaps ine this regard
whon he said IN his book, The New
Society"
"unlvorsIties. with all institutions
Of research and education. have
suffered from the blank Technlcal
leadership Ia gone, ana the dcterior-
alton in qbality has reacted on out
put. We can now turn out nothing
\ except what Is cheap and cosy, and
what can be produced without ira
dttional skill OF hand, without Sc
( srious calculation and research. For
Vail innovations, all work OF superior
hualsty, Germany is dependent on
the foreigner. Tho atmosphere or
Fchnique has vanished, and the
Asmp OF cheap. hlreiing labor In on
TIE whole output of the country"
.bAh-iHter survey OF the stu
~Stion, so far as IL concerns exports
, OF Germany TO the United States.
has been conducted by the Ameri-
car Exporter. This trade journal
obtained the names OF the CONNER
cial firms which appeared on the
bills of ladlng for goods brought
from Germany to this country In the
! last few months. Five questions ms
( 10 the present and future trade were
asked, and the answers. as rule.
confirmed tahc belief that tho pre-
war volume OF trade had not been
recovered. and that the possibility
OF Germany "floodlnG the world
+ with cheap merchandise" la. TO a
large extinct. a myth. The questions
and answers received by tho trades
Journal are thus ummarized'
Answers Generally Agree.
4 - Question No. !. Prior TO the
mark falling below I per cont, how
did German prices. In terms OF dol
lars, compare with prewar prices2
Answers: Higher" Three To
six times higher" Twenty five TO
thirty times higher than before the
war" LANDED cost OF German
goods with duty added practically
equal to prewnr prices" Some
Z What cheaper than prewar prices"
Z Question No. 2. Prior To the mark
falling below / cent were Germah
, goods In more favorable position
20 compete here than before the war
ss9d SSIas this reflected In increased
Pa.r,, ffftSs
t-rt'Answers; at does not appear
4 fat the lower value OF the mark
Hg'ts stimulated imports. nothwith-
put anding that the intcrception OF
ioyeloorts from Germany during SOW
lsdiesi years produced necessarily
of specifically German
goods. On the contrary, the heavy
falling Off OF trade with Germany
w. visible" I'VE do not think that
dcrrnnn goods were in a more fav-
orhhle position to compete here"
-. fcrnan goods were not In more
H tis-2h BILE position to compete here
he Enseprices in, Germany increased
etsddily and deliveries were uncer-
tain. We believe that In spite OF the
j low price OF the German mark bus
nesa was not as large as before the
war. 50 Tar as purchaqe prices