Sudden and drastic was the passage by the German Reichstag, last week, of a bill raising the duty on imported automobile parts from 12% ad valorem to 28%. Enacted to take effect on Jan. 15, 1928, the new measure loomed, last week, as a deadly threat to five U. S. motor manufacturers* which have recently spent $12,000,000 on assembling plants and the development of sales organizations in Germany. Officials of the threatened U. S. group said, last week, that they had had a "working agreement" with the Ministry of Commerce that no such...
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