CHAPTER VIII 
POST-WAR ADMINISTRATION 
DEPARTMENTAL LEGISLATION 
INDUSTRIAL AND FOREIGN POLICY (continued) 
Foreign Trade as Influenced by the Occupation. Franco- 
Germanic Policy. 
THE shipping trade affords us the most complete 
and up-to-date example of German industrial 
foreign policy overseas. Turning to review its 
post-war tendencies in connection with the Euro- 
pean situation we see that it has been of course 
in great measure determined by the occupation 
of her Rhineland frontiers. We need not over- 
estimate the effect so far as the areas which were 
limited by the terms of the Treaty are concerned, 
but the results of the taking over of the Ruhr 
district are far-reaching. 
One obvious result is that Germany's determina- 
tion to exploit new markets has acquired the 
urgency of need ; another that some rearrangement 
of economic relations between the German and 
French coal and steel magnates has become an 
intrinsic part of Franco-Germanic policy—with all 
that that imports to other competing countries— 
although for the moment negotiations are at a 
standstill. 
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