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Complications Prevent Barter Deal, Says Cole

November 26, 1934
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Barter deals between exporters here and German manufacturers cannot be successfully negotiated, Francis T. Cole, vice-president of the American Manufacturers Export Association, declared in a statement, pointing out that lack of confidence in German products, the boycott and exchange complications all stand in the way.

“The general feeling with regard to Germany is uncertain here,” Cole said. “Buyers feel they cannot be sure of quality products, or of products manufactured according to specifications. Substitutes and inferior quality goods have been sent over.”

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