Evening star., 1936-02-02
TRADE RESUMES
RISE IN BRITAIN,
EXPORTS SCL|MB|NG
Trend More Normal After
Week of Mourning-CoaI
Strike Avoided.
RAIL SHARES ADVANCE
AFTER RATE DECISION
Plan of Anglo-American Interests
for $50 Atlantic Excursion
Service Expected Soon.
Special Dispatch to The Star.

Special Dispatch to The Star.
NEW YORK. February Gables
and wireless dispatches to Business
Week give the following survey of busi-
ness abroad for the week ending to-
day:
London.-"British business is re-
turning to normal following the week
of mourning for the late King, and
there is every evidence that the up
swing of the last few months will be
continued. Exports are expanding.
The demands of the coal miners have
been adjusted, without strike. The
railroad rate case has been settled in
favor of the railroads. with an imme-
diate burst of activity in rail shares
on the stock market Banks report
an excellent year just finished, with
deposits increasing in spite of record
Christmas fund Withdrawals.
more than year ago plan was
rumored whereby British and Ameri
can interests would combine to pro-
vide a popular $50 excursion service
across the Atlantic. Details of such
a scheme may break at any time"
Paris Bourse Firmer.
Paris.-'The Bourse is frmer since
the installation of the Sarraut gov
ernment, but business has been slowed
by the political uncertainty.
liberalization before the general
election-now expected late in March
seems highly improbable.
Because the Sarraut government
is so Importantly supported by parties
from the Left, the public has taken
special interest in the campaign
platform issued by the Common Front.
This coalition really represents all but
the extreme Leftists, and has just an
nounced a program which is curiously
like the Roosevelt New Deal, even
though the French are aware that
much of the New Deal is just being
nullified by Supreme Court decisions
in the United States.
Seek National Bank.
There is a popular appeal to the
Socialists. who make up the parties
now united in the Common Front in
a vast political campaign against the
| 200 families who rule France and
against the 'feudal power of business
men and the bankers
They are starting their campaign
| for naturalization of the Bank OF
! France, creation of national un-
nv 1oro1 ~
the working week to 10 hours with nc
cut in salary, anew public works pro-
gram. adjustment of farm debts su-
pertayes on large inscomes, increase in
estate duties and naturalization OF
the armament industries"
Reich Recovery Checked.
Berln.-"German business recovery
is due to the strain on domestic fl
nances of the governments huge
spending program for public works
and rearmament, to the dwindline
power of the people, and to the ina bill
ity of the Reich to expand its export
markets.
The probable feature of 1886
which is the fourth year of the Nazi
regime-will be an attempt to steer
a middle course between imitation and
unemployment. with increasing en-
phasis on economy in government
spending.
Executives are becoming alarmed
at the growing number of trade agree
ments which are being made by other
countries, and which do not give Ger
many any benefits. Most recent is
the United States-Swiss pact which
gives dyes, machinery and textiles a
favored position in the American mar
ket. If Czechoslovakia succeeds in
working out similar trade agree
ment with the United States on other
lines which are also German special
ties, many German industries will suf-
fer. Current corporation reports are
stressing the fact that earnings are
tapering off because of the loss OF
export markets"