te lone until the political situation had
been relieved.
- It was when the German manufac
turers complained that the proposed
penalties to be enforced by the Allies
after May 1 were sure to break Ger
man industry that Mr. Do Frlese and
his colleagues became interested in the
diplomatic situation and took their
flier in International politics.
Mr. De Friese explained that in ar
ranging for the credit scheme he had
had conferences with Hugo Btinnes,
the German industrial mngnate, the
directors of Krupps and with Herr
Goerz, a loader in the textile Industry.
I^aat year he said he put through a
deal between American coal interests
t?nd Hamburg dealers whereby Ger
many imported $30,000,000 worth of
American coal. It is reported now
that a so-called "Treuhand Gessell
schaft" will be formed in Germany by
nil the leading German banks to gtve
suitable security for the American
credits.
GERMAN EXPORTS TO U.S.
HALF OF PRE-WAR TOTAL
Value in 1920 $88,836,220,
Nine Times 1919 Total.
Sprrial Dtspatth to Tub Nut Yoik
New York Herald Hurrau. I
Washington, !>. April 84. I
Imports Into the T'nlted States from
Germany are increasing, regardless of
the continued technical state of war
between the two countries. Figures fur
nished by the Department of Commerce
to-day showed that imports from Ger
many in 1920 amounted in value to
IS8.836.220, compared with $10,608,141
in 1919. or nearly nine times as srreat.
German imports amounted to $184,211,
352 in 1913 and $186,042,64 1 hi 1912.
Imports were lowest in the first quar
ter of 1920, with a monthly average of
$o,100.000, which rrno to $6,600,000 in
the second and to $10,960,000 in the
third quarter and dropped to $6,715,000
In the last. Imports for the first two
months of 1921 averaged $4,700,000 a
month.
