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New Light on the Economic Weakness of Naz1 Germany wellâ€"known writer on merce ana passed by sOr, is made availab en â€"ano the atta: points T the fina Beandin: the German economi¢t sSLFUCiurc, _ i. may be true thet the brutal seizure ol Denmark makes available some imâ€" mediate supplies and resources but not sufficient to hay> any decisive effect cn Germany‘s economy. New Light on Germany‘s Econoimic Weakness ; (By Robert Mackay) Thauzh the perpetual: search . for Conditions, too, in the Gorman steel industry are such that German cleel for export may no longer be strengthâ€" ened with nickel. Even for her Cwn armcurplate and aircrazt requirements Germany is defisient in nickel, She can néither produce it nor obtain it in any appreciable quantities. Nearly 90 per cent. of the world output comes from Canaca and most of the rest from Burma and French New Caledonia. In an attempt to relieve this short» age, Germany recently called‘in‘all her nickel coinsâ€"a procedure which will nave yielded some 1500 tons, or the equivalent of Germany‘s normal conâ€" sumption of nickel in two months of peasce. Ey:atz in | i13 Germar penut even them: ducts and the quality steadily worse, One of the most convincing signs of Germany‘s ecsnomic weakness is the condition of her export trade. The British ‘b‘oackade" has shut her off from overseas markets, but certain aspects of her continental trade to countries to which sh2> still has access reveal her internal econcmiz enfeeblement. is, for example, the decree by which all motor cars leaving Germany have to leave their tires behind them at the frontier. There could be no clearer indication of the German shortâ€" age of rubberâ€"a shortags which her Frsatz rubber cannot make good. ‘‘By contrast, the Allies have abundâ€" ant supplies of rubber. In 1938 the PBritish and French Empires produced some 55 per cent. of the total world output, and they sbtain considerible foreign exchange by selling rubber to the United States. Onc> again the contrast with the Allied position is striking. In 1938, the British Empire produced 62,000 tons of tin, or nearly 40 per cont. of the world taotal. Not only can the Allies obtain all the tin their mills require, whether for domestic or export requirements, but thsy are in a position to supply nexutrals with large quantities of the metal itself, In many cases Germany‘s shortage of raw material is such that even her foreign customers have to take Ersatz products. _ Thus, German "woollens" for Ssandinavia are now to be made with only 70 psr cent. of real wcol, mixed with 30 per cent. of substitutes. There "is no shortage of wood in Allied countries The British Empire includes three of the five leading wooi pro:lu:.'ers of the world, and these threeâ€"Australia, New Zealand and South Africaâ€"account for about 60 per cent. of the world‘s exports, The Baltic countries are perhaps the worst.off among Germany‘s custecmers, since they have no option but to take what Germany chooses to supply. When Germany‘s problems are further reâ€" vealed when it is remembered that it is now the common German practics not to export finished articles unless the foreign buyer has gupplied the raw material for them. Thus, German tinâ€" plate mills refuse to supply neutral countries with plates unless the latter provide the tin. they chemita for instance, they h with the umited vari sell. M The $ now be sion of due en perman stock. conditions neighbsurs allow their man territ not coming Germany‘s essnomic position has been seriously affected, too, by the loss of her mercantile marine. Tire ports of Germany are filled with idle ships. Nearly 1,000,000 tons of German shipâ€" ping xz, still laid up in nsutral ports; scme Ships were seized in Allied ports at the outbreak Oof war; o :*rs have been captured by the Alliscs and added to the Allied merchant fNeets; and 176,â€" 000 tons have been scuttlied by their to the Allied merchant fNeets; and 175,â€" 000 tons have been scuttied by their German crews. The 4,244,000 tons of German merâ€" chant » shipgping has thus suffered severely, and the available tonnage is toxdlay ugeless to Germany, except for a activity in the Baltic. But it is the less caused by the almoast total stoppage of German shipping services that is the severest blow to German economy. _ _ hnotr ondition of Export Trade Emphasizes Eco n o m ic Weakness. THURBDAY,. APRIL 18TH, 1940 z coffe and PMA AlT 1v e 1re me 10 1€ lity steadily worse. ie most convincing signs of weakness is the f her export trade. The has shut her off from arkets, but certain aspects nental trade to countries to ng and m a 2 wWe iden many may b ig article written by a ter on finance and comâ€" sed by the British Cenâ€" ivaillable for publication r of Public Information lon ley havc i vanene 1U railways has Dy Iâ€"known. The succesâ€" ts on them have been the bad stats of the and to aefective rolling a0mie structure, 1t the brutal seizure of available some imâ€" ind resources but not s any decisive effect A Y of list of Ersatz proâ€" used for making daily shorter and sinzs been ratisonâ€" tyÂ¥ grows scarcer it is prosf "nomy. T to supply. When from Germany, be content s Germany can nal rail ~traffic hat Germany‘s less inclined to pass into‘ Gerâ€" ave a habit of rticle was writâ€" Britain befors estimo There is Sentenced for Assault on New Liskeard Chief But it is very intsresting to note in resont discussions of the development at Steep Rock that the area of iron ore available is estimated to be assuming greater and greater proportions as a result of diamond drilling and geoâ€" phyical work. Statements are made that assays show the existence of 60 per cent. grade of hard hematite ore and some newspaper ascounts go so far as to suggest that estimates of between 200 million and 300 million tons to be develcped might prove to ke weli based. If that is true, as all will hope it will prove to be, the fact would be of the highest importance to Canada,. It weuld reduce our import to a considerâ€" able extent of iron ore from the United States and assist materially in our inâ€" | ternal econcmy. At the end of 1938 iron ore reserves in Minnesota were estimated zt 1,2%5.8 million tons, and in Michigan at 149.8 million tons. This is one of the greatest iron fields in the world and that situation still exists after they had mined 1,724.8 million gross tons in the Lake Superior district ; from 1834 on. Haileybury, April 16â€"Three youn; men, recently discharged after serving terms in the district jail, were sent back to prison for varying periods Satâ€" urday for assaulting Chief Constable G. C. Bromley, of New Liskeard, and Fred Legaliais, T. N. O. station agent in Englehart. A fourth youth, Romeo Boucher, was discharged. *Johun Scder, who has a record exâ€" +ending back to 1931, and wh> has served two terms for wounding, acsordâ€" ing to Crown Attorney J. B. Robinson, was given a year in the Ontario Reâ€" formatory. Matti Nylund drew six morths. Vinney Rcbertson was given a year in reformatory. Azssording to Chief Bromley, who had to have a dozen teeth extracted followâ€" ing the attack, he was about to lock up Ssoder and Nylund when he was asâ€" gaulted. He said he retained his hold on Nylund, but Soder "ran like a deer." Soder was arrested later at New Lisâ€" keard Beach. The Englehart station agent said he heard a disturbance in the station washraom, and cua investigation ‘was struck by Robertson. Boucher took no part in the attack, the witness said. Value of Iron Ore to Mankmd in War or in Peacetime Of Interest to North in View of Talk of Developing Belcher Islands Ore. (From Globe and Mail) The fact that European war strategy by sea and land is now swirling furiousâ€" ly about the Swedish iron or> mines reacts to the same economic considerâ€" ations that cause intense speculative interest to be given on Canadian stock markets to the developments now proâ€" ceeding at Steep Rock iron mines. Good iron mines in peacetime fluctuate in value acscording to the activity of busiâ€" ness, tut it is proved beyond a doubt that modern countries have to ride to proâ€"perity in peacetime and to suceess in war on the strength of their posiâ€" tion as to supplies and utilization, United States France *Germany . Luxembjurg Norway ESpain Sweder â€" + * **Soviet Russiq ... United Kingdom ............ AIBCTIY Newfcundland *â€"â€"Inoluding Austria. Asia. 28,.9083 8 °1 33,137,000 13,585,650 5,048,965 1 400,000 2,518,000 ® h. 27,000,000 .. 12,049,540 ....._ 3,105,037 1,707,180 **â€"Including Just what iron means in the 2conomy of some of the largest countries of the world can be seen from the following production table made up from statisâ€" tics <appearing in the 1939 Minerals Year Bock of the United States Bureau of Mines: ; Tron Ore Production in Metric Tons 1038 United States 28.908,8"1 France . 33,137,000 *Germany . 13,585,650 Luxembjurg 5,048,965 Norway i ....__ 1 400,000 Snain en M . 2. £18,000 The discovery of iron ors in the Lake Superior region of the United States about the middle of the‘ nineteenth century and the invention of the Besâ€" semer converter, were really the founâ€" dation of the great era of industrialism, the decades of mass production and the broad distribution of wealth which have made that cuntry such a wealthy naâ€" tion. Their supplies are nct inexhaustâ€" ible by any means and if Canada adds materially to continental reserves it will be a great thing. The actual developâ€" Is It Soon to be Canada‘s Chance? Except for sporadic production, iron ore has been the one great resource missing for Canada. We have not missed it too much with United States and Newfoundland iron field near and ready to oblige at a price. In 1938, for instance, Germany‘s merchant fieet brought her £35,000,000 in foreign exchange. She no longer has this valuable economic asset at her disposal. Germany‘s oil shortage is also aggraâ€" vated by the enforced idleness of her whaling fieet. In the last whaling season it produced 100,000 tons of ollâ€" a valuable contritution towards the normal annual consumption of 200,000 tons of whale and vegetable oils in CGermany. Dr. Funk‘s boast at the Leipzing Fair that Gerthany would retain 80 per ceant. of her export trade needs no reâ€" futation. But a simple concrete exâ€" ample shows the true state of affairs. German manufacturers who require metals in order to fill foreign orders have been ordered to limit their appliâ€" cations to below 50 per cent. of the quantities they normally used during the first four manths of the war. 21,000,000 12,049,540 3,105,037 1,707, 180 The importance is so great that Whaleyâ€"Eaton Scrvice, Washingtecn auâ€" thority, tells clients that "Hitler must |win this year cr not at all." Washingâ€" ton looks for "tstal war‘ almost imâ€" mediately and expects the Balkans to , be involved. War on a vast scale may mean an extravagant use of material. That will to true of Germany as well jas of the Allies. But the Allies can ment will be watched closely becat with iron, grade is important but qua tity is indispensable. Use of Tron Multiplies as War speeds Up The British, with the hel navy and their worldâ€"wide t superb industrial plant, have to draw on the world resoure ore, pig iron and steel. Tha: was not open to Germany, in as it could draw on the 3Sw: mines, it had htopes of meetir needs with the aid of the hug of revent years. ‘Ihe IEw>d as an iron source {or German in danger and the Allios ars cut them off altogether. The crease in production from S réezent years, as shown by th ing table, indicates what an â€" part Germsuy‘s pregramme dominatiscn played in duction. as of the Allies, B draw on North Amsr Russian production is seen to be very large, but if Russia fears it will enter the war, the iron ore it will release for Germany will not make up for the loss of the Swedish source. Iron in one of its forms entors into every asport of the war, including all the machines of de:truction and the projectiles which they send and all the new machines which have to bs made to make this equipment. As war beâ€" comes "total" use of iron multiplies,. ts thal CHiller mus ot at all." Washing tal war‘ almost im ng es of nport min: THE PORCUPINE ADVANCE, TIMMINS, ONTARIOG and _ able iron Sales Phone 800 United States Gold Pile Still Keeps on Growing Larger in Now Reported as J $18,500,000,000 M The present value in the ;Uniteo \â€" States Treasury rspresents §29,223,57 UlD p3sing a prthblem that‘is reâ€" A caiving more and more official and _of public at‘ention as the inpsurings conâ€" “- tinue at undiminished rate. The staks of United States in the value of the:m pile is quite unlike anything that has M Timmins Garage Co. Ltd. tinue at undiminished rate. The : of United States in the value of pile is quite unlike anything that hilherts cccurred in hisfory. ' movement cf or> dollar, up or dow the price of gold would repress gain or loss of over half a billion lars.‘If the old prizsa of $20.97 por c were rastored, it wou‘d entail a lo3 papor at least, of no less thkhan $8 Pap lion Last Back ack in 1929, . when the, great. Caom puncturedâ€"ushering in the deepâ€" ard most continuous depression in 9 pg t 11 [ moneiary © h as $29 bil 1gre will be 11 aind Ma Past the i loss, on 1 £$8 bilâ€" down, in I1 UIr a€ tisn of various 1Crnian make a crermany, stave off, at Is the possibility propoasal was r have been right, and that the investâ€" ment might have ranked in value with any in history. Two veal itm> as will enab‘le debtor countries "mec} their new coligations. And as corollmy levelling of tariff walls will ccoossity contribute to an equalizaâ€" w No ts n of tho standards of liv.nz in the 16 wil Cl °s wil eral 1 United States. ago a wellâ€"know sted thal his cf $5 billicn in indards of liv ies affeczcted. 81 it WaLr. iled a may be 10 Mia n SuUg untric illy in t must 1¢ 18A al MWWQQ“QOOOMM“WO’OQWWQ’: home of his daugt>r, Mrs. E. Hughes Sudbury, April 1l17â€"Former game warden for Sudbury district, Gecrge F Charsley, well known throughout "the North, was buried Thursday from the at Port Perry, Mr. Charsley died last _ The late Mr. Charsley acvepted the position of game warden here in 1924. and was respected and wellâ€"liked . by all who came in contact with him. As game warden he had a sympatheti> understanding of the problems of the Former Game Warden at Sudbury Dies in South to Ontario. He was engaged in the Iitxmbering business in the Parry Sound district prior to coming to Copper Cliff, where he was omployed by The Interâ€" natioral Nickel Company. Mr. Charsley was a prominent Orangeman, and spent Bcorn in Lower Quebec 70 the late Mr. Charsley cam: to Ontario. He was enga NOOOOOOOQQ‘OOO:O%’OQOO0’20200:‘000::0’:’00 Office Phone 318 Automicbiles Trucks should be Insured before put in use as accidents will happen Best rates and prompt claims service. 21 PINE STREET N SECURITY this di Peéerry, We also sell Fire, Life, Accident and Sickness Insurance, Real Estate, Mortgages. SULLIVAN NEWTON 1 every ea t no Surviving are his wife, the former Clara Forsyth; his mother, Mrs. Robert Charsley, of Buffalo; five sons, R. Perty of Sudbury: Floyd. of Toron‘to; George, ¢f Tonawanda; Roy, of Garson; and Oliver, of Timmins; three daughters Mrs. Emma Hughes, and Mrs. Ethel Dube, of Port Perry; and Mrs. Irene Jaccb, of Fort Erie; and 21 grandâ€" children. many years prospceci the West River area PHONE 104 SERVICE ilarly in