Jewish Merchants Hopeful As Polish-german Accord Signed

The long-awaited commercial treaty between Poland and Germany which abolishes the tariff war between the two countries, has just been signed.

In the Jewish commercial world here the signing of the treaty has caused much satisfaction. The Jewish merchants expect a revival of trade as a resuit of new credits which they expect to obtain from German industry. Besides, they believe that commercial relations between the two countries will take on a more normal aspect than formerly, since it means that the annoyances caused by the continual searches of customs officers for goods of German origin will stop.

One thing that the commercial world here foresees as a result of the treaty, is a decline in the import of American goods. Another probable result will be a stiffened competition between German goods and Polish “home industries,” which were developed during the past few years as a result of the virtual embargo on German goods. This is expected to hit particularly the hosiery industry which was developed by Jews in Lodz. This competition, however, is also expected to benefit Poland in that it will force the “home industries” to become modernized and raise their standards of production.