EUROPE: GERMANY.. IOI 



Wages in paper mills are rather low,, 'ntmaing from 1.5 fo 7-5 cents 

 per day. Labor, on the whole, is skillful, intelligent, and indus- 

 trious, but by no means so quick or productive as ours. 



Both steam and water power are used. Some of the work is done 

 by hand, but most by machinery. One concern in the Annaberg 

 consular district has secret processes by which it makes a filter paper 

 that finds its way into all parts of the world, London taking large 

 quantities. 



The processes and methods of manufacture are, on the whole, 

 modern. Certain specialties, like the filter paper referred to above, 

 continue to be made in seemingly old-fashioned ways. Anyone, 

 however, who thinks these people slow in trade matters will make a 

 serious mistake. Methods necessary to hold the home and conquer 

 foreign markets will be adopted here as quickly as with us. 



BANKING, TELEGRAPH, AND MAIL FACILITIES. 



Germany's financial standing is well known. Besides the Reich 

 or Imperial Bank, a branch of which is to be found in every large 

 city, there are innumerable private banks from those of the Roths- 

 childs and Bleichroeders down to the savings banks of the backwoods 

 of Bavaria and Silesia. The rates of discount are very reasonable. 

 The check system, for a long time unpopular, is now in a fair way 

 to be adopted all over the Empire. 



The mail facilities are among the best in the world. Bremen's 

 North German Lloyd boats and those of the Hamburg Packet Com- 

 pany need only to be named to indicate how happily every export- 

 ing or importing branch of trade is provided with facilities for trade. 

 Telegraphic communications are practically equal to our own. 



IMPORT DUTIES. 



The small quantity of paper imported comes mostly from Great 

 Britain (Irish linen for fancy letter and envelope making). 



Foreign countries are doing little to build up their exports to 

 this country. The trade is all in German hands. 



Duty on paper, per 100 kilograms (220.46 pounds). 



