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GERMANY'S ECONOMIC
TROUBLES
Colossal Taxation Drain:
"Limit Reached"
PARIS, March 18.
The Agence Economique reports that
Herr Brinkmann of the Reichsbank.
told Nazi leaders at Cologne that Ger-
man industrial furnaces had reached an
output capacity of 96.4 per cent., a posi
tion which could not be maintained. I
"Our resources and raw materials are i
of such inferior quality and absorb such I
a number of workmen, that they |
threaten the national economy." he i
?aid. "We liave reached the end ot our I
stock, and current imports are alrrost i
double the exports." |
Thp Stale last year look halt thei
national revenue, added Herr Brink-;
mann. but i 1 could not continue to en-1
force such a drain much longer. Six
thousand million marks were needed to
balance the current Budget, and it must
be realised by economies, because the
taxation limit had been reached.
BERLIN. March 18— Holdersof for
eign securities resident in Germany j
'must, on demand, sell or transfer the:
amounts to the Belchsbanlc by April IS.'
$