CAPTAINS OF INDUSTRY.

Manawatu Standard, Volume XLVII, Issue 7, 6 December 1926, Page 8

CAPTAINS OF INDUSTRY.

BRITISH AND GERMAN. TWO DAYS’ CONFERENCE. Received December 6, 9.50 a.m. LONDON, Dec. 5. Expressions of cordiality marked the conclusion of the two days conference of the British and German Federations of Industry. . ~ ’ The official report mentions that the organisations will further investigate the general European economic situation with the view to their next meeting and also .that discussions were held on the question of the possibility of increasing credit and insurance and the supply of information on the credit of potential customers. No further steps will be taken, however, until after the forthcoming international meeting of representatives of European insurance companies. Both organisations expressed great satisfaction with the progress made and the great future possibilities opened up for their co-operation. An important disclaimer was issued by the heads of both federations 1 in which they emphasised that the question of international cartels and combines was not discussed by the conference nor was there any reason for the ■Suggestion of any combined action by British and German industry against any other country’s industry. Representatives of both organisations declared that they would regard such action not merely as improper but also as extremely foolish.—A. and N.Z. iablflf