Evening star., 1933-04-09
German Industrial Activity
Maintained at Steady Pace,
Despite Jewish Boycott.
LONDON BUSINESS TONE
HAS REMAINED CHEERFUL
Reduction of $4,000 in Ranks Of
Unemployed Follows Pickup in
Industrial Activities.
special Dispatch to The Star.

Special Dispatch to The Star
NEW YORK, April s.-Cables and
wireless dispatches to the Busines.
week give the following survey of bIsis
ness ABROAD for the week ending TODAY.
srhn,-Excltement over the boycott
OF jewish stores is ebbing. Its effects
however, Will be felt for some time for
Gu nnportant part OF the retail trade of
germany is in the hands of Jewish in
| terests who Cancelled orders on a whole
sale basis when the boycott came along
ano VINO still are not making long term
COMMITMENTS. Also, an important mart
oI German industry Is producing for
export. The threat of a foreign how
colt OF German goods caused a near
panic among industrialists.
Industrial Plants Active.
Industrial activity has been main
yancing rapidly. Perhaps the ereatsst
stimulus has been the promise from
Hitler that the tax on automobiles will
oe reduced; the smallest cars NAV even
go TAX Tree. Opel German subsidiary
Oh General Motors, Is working on a six
| Gay week. March output jumped SO
per cent above the total for March of
last year. -
Another good indication that German
! business is less worried over the recent
pontlcal furry than are foreigners IL
sne oehavlor Of the stock exchange
ronoWlng the f1rst relapse (Which came
at the time that anti-Jewish nrona.
ganda was at its height, but which
PROBABLY was due as much to profit
taxing, Following a long upward swing,
as 10 fear), securities prices have stead
led and even tended to improve.
The prevailing opinion among respon-
sioie Berlin leaders Is that the waye
Of political excitement Is subsiding and
tnat the central authorities are able to
control too arduous local elements. The
most responsible Jewish leaders have
declared openly that outside protests do
more harm than good
London.-The general tone in Brit
ain remains good. There viii be no
dramatic signs of enterprise until after
the budget Is passed, but trade keeps up
full
Further ENCOURAGEMENT was GAINED
oy the report during the week that Ilu-
employment in the four weeks ending
March 20 dropped $4,000. 1t is the usual
seasonal trend. Industries which have
taken on more workers include iron
ana steel, tailoring, public works con-
struction, engineering, automobile, ship
S-~~N-&o, WOO4Cllo dllQ UOObS. MOTE
| workers are also reported in the dis
tribut1ve field. Workers we're laid of In
the coal mining, cotton and hosiery in
oustrles, and fewer workers are en-
ployed on the docks.
The decision to rush a bill through
Parliament to give the government
power to control Soviet imports in case
the trial OF British nationals next week
turns out unfavorably to Britain is re-
ceived by business with mixed feelings
Executives are uncertain of the wisdom
OF throttling trade on such an issue. It
is common business experience that an
embargo Is always costly and usually
does not benefit any one.
Paris. - Chancellor Hitler's anti
Semitic demonstrations in Germany are
welcomed in France since they are be-
l1eved to be a most opportune example
OF Germany's real nature which, in the
eyes Of the French, still is based on
medieval barbarism despite the efforts
OF the Reich to dazzle foreigners with q
pretended kultur For long time, every
effort of France to block Germany's re-
turn to the imperialist 1914 status has
been criticized by England, Italy and
the United States. France has realized
that the determined policy of Paris has
slowly isolated her from her former
allies, but the present intense anti
German feeling in almost all countries
reveals French actions in new light.
Franco-Russian Parleys
1t has precipitated, moreover, a long
awaited opportunity for France to re-
gain her lost alliance with Russia, put
ting an eastern bulwark against event.
ual revision of postwar boundaries
which might come as a result of persist
ent German demands. Although the
extent OF Franco-Soviet negotiations
are not yet revealed, it is believed they
are well under way, with some accord
expected which will favor France.