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Show IFIRST YEAR 0F OAWESPLAN ENDS GOVERNMENT MAPS FIGHT ON TRUSTS; GERMANY STILL WEAK BUT IMPROVING Many Measures Are Announced for Coming Year In Effort To Reduce Re-duce Prices; Plan Is Called Successful Berlin. The end of the first year under the Dawes plan finds Germany with dark clouds hanging over the immediate business future, but still immeasurably better off than she was before the plant went into effect. The economic structure creaks and sometimes breaks, thereby causing suffering to many, but this agony is due to amputation of artificial growths and deformaties produced by the war inflation. The economic body itself is fundamentally sound and above all, the energy of the German people is undiminished and the nation is undoubtedly recovering its pristine economic strength. Reconstruction has already been started by the dissolution of unhealthy un-healthy organizations such as the Stinnes concern. The modernization of industrial equipment and business methods has been given a new impetus impe-tus by the government war against the trusts, who, under the stress of the times, escaped government supervision su-pervision and relapsed into all those practices that caused the American people to rise against the trusts twenty years ago. The government has announced the following measures in an effort to lower prices: First A war on price raising agreements, clauses and contracts and the passage of new laws if necessary. neces-sary. Second Government action against "bidding rings" which prevent free competition. Third Laws abolishing "business supervision," a modified sort of bankruptcy bank-ruptcy enabling unhealthy concerns to hang on. Fourth Use of the public funds to force down the bank interest rate. The reichsbank has announced the abolition of the clearing house charges charg-es for the same purpose. The government claims that the campaign has already begun to be felt and points to last week's drop in' the wholesale index from 131 6-10 to 127 3-10, food products dropping from 129 8-10 to 123 2-10. The latter was largely due to the short-time credits, which forces the farmer to sell as soon as possible. The drop in the high cost of living, if continued, is expected to have a soothing effect on the general wave of wage raise demands and strike threats, the most serious of which is still that of the rail workers. The controversy in the building industry in-dustry which threatened to throw out of work more than 2,000,000 persons, was settled at the eleventh hour and it was hoped that it will be a preced-dent preced-dent for other settlements. The official unemployment figures have risen from 137,000 to 208,000 of 5 1-2 per cent in the first half of August, but the actual number is much greater. While the trade balance bal-ance for July showed a deficit of 412,000,000 marks, compared with 321,000,000 in June, this was due to the rush to buy in the foreign markets mark-ets before the new tariff went into effect. Both imports and exports show a rise. Premier Grakski announces that Poland will resume negotiations for a trade treaty with Germany on September Sep-tember 15 and the nationalist press is already shouting over the victory in the German-Polish trade war. The stock exchange, which appar- ently hit the bottom went up considerably con-siderably last week. The eastern fair at Koenigsberg revealed an increasing increas-ing business with Russia. The current cur-rent year brought 57,000,000 roubles in orders as against 25,000,000 last year and 12,000,000 in the year before. be-fore. The reichsbank statement showed a further drop in note circulation by 143,000,000 marks, as- a result of which not covering went up from 62 to more than 65 per cent. |