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German Woolworth Firm Boasts of Effort to Spur Reich Exports

May 16, 1934
See Original Daily Bulletin From This Date

Woolworth gehort seit Jahrzehnten zu den grobten Exporteuren deulscher Ware; so wurden in den auslandischen Woolworth-Laden in den Jabren 1929, 1930 und 1931

Obwohl der deutsche Export durch das Absinken der-amerikanischen und englischen Wahrung in letzter Zeit wesentlich zuruckgegangen. ist, ist die Firma bestrebt. ihn standig so hoch als irgend moglich zu halten.

In den deutschen Laden arbeiten zur Zeit uber 5000 deutsche Angestellte. Durch den Verkauf nur deutscher Ware u. infolgedes hohen Exportes werden weiterhin viele Zehntausende in unserer In dustrie beschaftigt. So schafft Woolworth fur viele Zehntausende unserer Volksgenossen Brot and Arbeit

While American officials of the F. W. Woolworth Company have given assurances that the concern is no longer importing German goods, a Woolworth advertisement in the Business Issue of the Frankfurter Zeitung, published at the end of April, 1934, announces that the firm “has always striven to maintain it (foreign exports) as high as possible.”

The announcement, apparently to assure German readers that the F. W. Woolworth Company, is working for Germany’s trade interests both in Germany and abroad, appears on the last page of the Frankfurter Zeitung and occupies a half-page. In translation, it reads: “Woolworth and the drive for employment. The F. W. Woolworth Company was founded in Berlin in the year 1926. It is a subsidiary of the F. W. Woolworth Company, New York, and owns eighty-one stores throughout Germany. With the exception of a few trifling wares, such as Dutch flower bulbs, the entire stock is of German manufacture. During the last decade Woolworth was one of the greatest exporters of German goods, having sold in Woolworth stores outside of Germany during 1929-1930-1931 more than fifty million marks worth of German goods yearly.

“Although German exports have fallen by virtue of the fall of American and English currencies in recent times, this firm has always striven to maintain it as high as possible.

“More than five thousand Germans are employed in the German stores at this time. Through the sale only of German goods, and as a consequence of the high exports, many other tens of thousands have been employed in our industry. Thus Woolworth provides bread and work for many ten thousands of our comrades.”

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