THE CHINA MAIL, JUNE 12, 1941.
Henry F. Grady On "Controlled" International Trade
ONE OF America's most powerful weapons in her struggle to aid the democracies and at the same time build up her own National Defence is the Government's policy of "controlled" international trade, according to Henry F. Grady, President of American President Lines, who addressed the Women's Auxiliary of the Los Angeles Chamber of Commerce.
Taking as his subject "The Relationship of In- ternational Trade to National Defence," Mr. Grady said:
"The changing pattern of in-l
ternational relations is having ANOTHER
a
of
profound influence not only on the volume and direction American foreign trade but оп Governmental activities relating
to foreign trade. It may be said that the emphasis has, or the present, shifted from promotion of foreign trade through regular commercial channels
control of that trade in the interest our defence.
to
Primary Question
KIND OF
PARTY
A Spitfire squadron lea- oder who won the D.F.C. some time ago was the guest of a "crack" Mes- serschmidt squadron be- fore the war.
"The primary question now is not whether we can maintain or expand our international commer
the evening
"At the start of
day. They did
cial relations on a normal basis, they were all very charming." he but rather what exports should said the other
be encouraged in order to build the honours to an R.A.F. officer in up our defences against aggres-
sion
Itself
super
of
room
was the
during evening, and it suddenly
£500 JEWELS
IN SOCK
In a sock belonging to James McKay, police found nearly all the £500 worth of jewellery which the owner kept in a choco- late box under her pillow.
At Marylebone police court McKay was sentenced to six months' hard labour for stealing the jewel- lery from the hotel in Craven Hill-gardens, W., where he was employed.
LEAFLETS
HERALD
kept me sober, and gradually BRITISH MOVE
gressive.
over
Thousands of leaflets.
been dropped at Stavanger,
style. The Or to put it another way, beautifully all our foreign trade
furnished, and hes
food and wines were excellent. necessity become an integral part "We toasted each other of the Government's policy of the aiding to the utmost those coun- struck me that they were trying tries who are resisting the ruth to get me tight. That suspicion less aggression of Germany, Italy and Japan, and at the same time saw a change come preparing to defend
those if Luftwaffe fighter boys. As necessary."
the drink took effect they becaine more noisy and increasingly ag- have
"Finally one of them said to Haugesund,
You think your Hurricanes Kristiansand and numer- are good, don't you? Well, wait till you meet our Messerschmidtsous villages on the Nor- We'll shoot
you cut of the sky wegian coast, states like flies! "Our
present commercial
obviously spoiling message from Oslo via policy, as embodied in the trade-
for a war then. I tried to be Zurich, Switzerland. agreements programme,
polite and agree with them in the serves to foster democratic economic rela-way one does. The next morning state that the leaflets were drop- tions among nations; first, by they took me to their aerodrome ped by the RA.F., and prove that means of reciprocal reductions in and showed me some of their Britain contemplates large offen-
in the a'r. They were sive operations. internationally greater freedom good, but not good enough for The German High Command of access to world markets and Hendon.
Mr. Grady went on to gay. however, that the shift in em- phasis from promotion to con- trol should by no means bc considered a change In the basic objectives of American commercial policy, adding:
import barriers, which
me:
"They were
provide tricks
world supplies of raw materials. "Two years later we were in necessary to the fullest develop the thick of the Battle of Britain, ment of national prosperity; and, First I was on Hurricanes and second, by provision for most- then Spitfires.
And whenever I favoured-nation treatment, which shot down an Me. 109 1 remem provides for equality of
bered tha party and wondered if oppor- tunity in international trade." the pilot had sat with me that
night."
Emergency Needs
Explaining some of the steps taken to "control" U.S. foreign trade, Mr. Grady told hqw, un- der the direction of the U.S. Maritime Commission, ships 01 American registry and a number of foreign flag vessels taken over at American ports, are being employed to meet the needs of the emergency, to best serve the
HOUSES
a
The German military authorities
has therefore been forced to declare the whole of West Nor- way a war zone, with all the un- avoidable and deplorable conse- quences to the civil population who are now under German mili- tary order.
SUNDAY HERO
The Lord's Day Observance Society is arranging a thanks- giving meeting "for the historic victory against Sunday theatres and music-halls."
BUILT LIKE giving meeting
PYRAMIDS
It will be led by Mr. Thomas Magnay, M.P., who led the Par- opening and is announced as "the liamentary opposition to Sunday elevated pavements to Sunday defence hero of West- "It has become necessary," he carry pedestrians over continued, "to withdraw a con- traffic and taller build-
interests of National Defence and New architecture, with
aid to the democracies.
siderable number of vessels from
their usual peace-time runs and ings to give more light place them in trade routes where and air, will be among they can augment the services
engaged in transporting strategic post-war developments, raw materials to America. according to a London enormous stockpiles of essential, woman astrologer.
By this method we are creating
materials needed for National Mrs. A. S. Hurren told the Defence and for manufacture into Astrological Convention at Harro- products for the democracies. gate recently: **We shall see Other vessels are being diverted houses and buildings built in the to courses over which it is hoped, form of pyramids or tlered, We may be able to serve the "Slum dwellers will be re- democracies more directly, and housed in blocks of flats with still others are being transferred communal feeding and laundry. outright to British registry. Women will play a large part in
the replanning of our cities."
"American steamship com-- panies pre showing a splendid spirit of cooperation In work- ing out these difficult problems with the Maritime Commis- sion."
PREMIER GOT ON LORRY
Rigid control over export licences, Mr. Grady concluded, is another method by which the The Prime Minister and Mrs. Government is using the weapon Winston Churchill climbed on to of controlled foreign commerce" a lorry at Swansea recently when in the interest of National enthusiastic dock workers crowd- Defence, and as a check against ed round them
the aggressor.nations by denying The Premier did not make a them; insofar as possible, Ameri- speech, but he waved his hat--and can materials that may be used his cigarin acknowledgment of An- waging WENA
the cheersN
minster."
'Couldn't keep my eye on the ball to-day!
Page
"Never mind, you can tell, this whisky blindfold”.
There is no other whisky with quite the genial mellowness, the smoothness, the exquisite fragrance of White Horse. When you find all the qualities of finest Scotch whiskies blended into one, you know it can only be White Horse Whisky.
The millions of gallons of finest Scotch whisky matured and maturing ensure that the quality of White Horse never varies.
WHITE HORSE
WHISKY
Sole Agents for South China: JARDINE MATHESON AND COMPANY LTD.
OUTSTANDING VALUE
IN
PURE LINEN SHEETS
68" x 106"
80" x 108" 00 PAIR
3500
3950 PAIR
WHITEAWAY, LAIDLAW & CO., LTD.
BAGGAGE TRANSFERS
Telephone
27761
to Engage our Service
Efficient and Secure
CHINA PROVIDENT LOAN & MORTGAGE CO., LTD.
L
A COOL AND FRAGRANT PIPE TOBACCO
MISDORP’S
SOUTH AFRICAN PIPE TOBACCO
RANCH Plug & Flake
JUBILEE Mixture
WINDSOR Mixture COLONEL EAZY Mixture. Dr. PLUMB Mixture
Obtainable
2 oz.
4 oz.
$1.40
$2.60
$2.75
$1.30
$1.30
$2.50
$2.65
C. INGENOHL'S CIGAR STORES
La Perla del Oriente”
other tobacconista
No comments yet.
Private notes are available after approval.