OCR Output

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stillat a minimum, despite the pressure of the meny refugees and
expeliecs, Naturally the reconstruction is proceeding very fast.
; ie Tt is interesting to note in this comection, that even
German in@dustrialists now admit; that this sensational recovery ot
their country would have never been possible without the Morgen~

Tus Germany was compelied to re-tool completely its industry, and.

neichbours, In fact, a leading German industrialist told this
observer that in his opinion the 4 fficulties of France and espe~
cialiy Great Britain would have been infinitely less, had they
had to suffer the distructions of war as Germany has had.

This present continued hich level of epployment together
with relative prosperity is also the cause of the relative Social
peace ih the country, While the unions are pressing for furtner

danger the domestic peace at this time. In this connection it is
worth noting again, that very progressively ‘the ties between

the Socialist Party and the Trade Unions are being cut. Zhe Unions
Seem to fecl that they can better serve their followers, if they
refrain from putting all their eges inte one political basket, Ger~=
mans, in general, feel, that this is furthermore the result of
Adensuerts refusal to make a coalition with the Sovialists. it is
felt thet such a coulition would have ledto the desingesgration of

in favour of conservative policies,

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