1941-07-15 — Page 5

THE CHINA MAIL, JULY 15, 1941. MUTT AND JEFF

OH, THE GUY SLIPPED ON A

BANANA PEEL! WHAT A SWELL ACTION PICTURE

I MISSED!

HOW MANY

BANAN' YOU WANT?

OH, ABOUT

SIX OR SEVEN OR EIGHT BUT I'LL TAKE SIX NOW!

SNKRS

5-29

PERFECT! THANKS, MISTER!

Bv BUD FISHER

HERE'S SOME

FOR THE

THANKS

SWELL ACTION

REAL ACTION

FOR WHAT?

PICTURE I

FOR YA!

GOT!

NAZIS' DEARTH OF IMPORTS A GROWING THREAT TO EUROPE

A PICTURE OF A German-controlled Europe unable to import raw materials from the rest of the world is drawn in a study of Nazi Europe and world trade made public by the Brookings Institute in Washington.

The study, by Dr. Cleona Lewis, says the area as a whole is similar to old Germany in respect to foreign trade, being a net importer of food and raw materials and a net exporter of manufactured goods -but it would have to import substantially more raw materials than Germany did.

ines and machine tools. There would be a shortage of bearing metals. The automotive industries would luck asbestos 01 brake linings and mica for spark plugs. Much synthetic fuel would be needed.

The electrical industries and those dependent on them would be hampered by a shortage of copper and many other minerals. Though aluminum might replace copper, this would require a con- iderable increase in the manu- facture of aluminium. The print- industries

ing and publishing

would lack good type metal.

Old Attributes Remain

The study points out that the area's inherent advantages and handicaps revealed by past ex- |perience will remain, whether the political organisation and adminis- tration are such as to promote or its obstruct full utilisation of resources,

With the Nazi area expanded to include all the Mediterranean the Turkey. except countries economic unit would be somewhat

Without large importation of jute available and even the use better balanced, but even if Russia food Nazi Europe's diet not only ot, flax and hemp curtailed. would become more monotonous than in the past, but there prob-

ably would be

{

shortage

18

cereals and a

very serious

de-

ficiency of fats.

A Brake On Industry

Without

raw materials from

fields and forests outside the area,

were also included it would still Some expansion in the use of have to buy vast quantities of raw wood pulp for artificial fibres materials and foodstuffs from the Leather-rest of the wor'd and to export would be working

he manufactured goods in payment, would the study declares.

have

from

possible.

industries would

raw

Rubber s owed down.

to be supplied entirely

The whole arca's net imports of thus synthetic sources, adding to the

material foods and raw materials have been net considerably larger than Its problems.

manufactures, the of Unless industrial minerals were exports

excess being $1 600.000.000 in 1929 the wheels of industry would turn | imported the area's manufactur- very s'owly Virtually nothing ing, mining, transportation. com- and $1,300,000,000 in 1937. In the would remain of the great textile munications and even agriculture past this laree gap between coin- has industries, with cotton und wool would be severely handicapped. modity imports and exports spinning and weaving practically Of major importance would be the been bridged by international re- at a standstill. the silk supply re- reduction in 'output and deteriorn- ceipts from many sources, largely and tourist trade duced by about 40 per cent, na tion in quality of modern mach-from

emigrant remittances, shipping earnings, insurance and cominis- sions.

OUR 10-MINUTE CROSS-WORD

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HORIZONTAL 34 Pertaining

1 Insane

4 Greek, lette

7 Polishing material

12 Period of

timely

13 Law: things

14 To harden

16 Period

10 Imperiinence

18 War, rod.

20 Numeral

21 Italian, title

23 Narrative

Fish CÉES.

28 Pigpen 30 For shamol. 31-Segsuw

34 Christian. holiday. 30-Board of

37 To call 30- Sheltered 40:Eatvian 42: Alluded

40 Lariat

48,Pilcher

49 Minor-planet

Constellation

to surface

55 Tribe of Israel

50 To rend

57 Peruses

58.High note

59 River Id Wales'";

VERTICAL

1 Woman's titlo

2 Greck market-

place

3 Serving to'

discourago 4.Silkworm,

5 Rigid

YESTERDAY'S SOLUTION -

ORE

B LED INEXE

DO RATHA OT

COTSAFE DEHESTT ARTERY

AERIE POE

BADY

TEN

K45

R

6' To fix the

• rate :of.

7 Colloquial:

to annoy

8 About

9 Small cake...

10 Part of a circle 11-Mound -17. Egg-shaped .19 To

5AC55 22 To observe 24'At a later

the

A Nazi regime for Europe migh! involve some decline in its tourist dis- income, and the wholesale

re- organisation and destruction sulting from the war might diminish emigrant remittances in the future. In such circumstances the arca might find it difficult to meet import requirements. It pointed out that German trade with foreign countries in recent cumbersome years has become a process, and the system

is

would

have to be altered in many ways before it could be applied to the larger area of Nazi Europe..

detailed

of

The study contains

of analyses of the movements trade between the Nazi area and other nationa and continents, and it is shown that this area huva a Гарпер nroportion Western Hemisphere than any other country or con- tinent. Five of the ten Bouth American republics sont as much as 40 per cent, of their exports to Europe in 1987, "

exporta

This trade included a large pro- portion of the coffee, cotton and rubber exported from Brazil; grain, wool, linseed and meat from from Argentina: coffee and oil Colombia; copper from Chile and Venezuela' and Foru; oll" from various other products of smaller aggregate va1ue,

In 1929 Nazi Europe, was the. principal market for United States exports, and although these had declined considerably by 1937, this country still sent 23 per cent. 20 Pootio: always of its exports to that area.

*time

23. To preváricata

20 Eastern

· collega

31 Hindu

....\ cymbals 32 Sheep f 33.Bucolle 35 Withored 33" To happen

:41 'Steppe

43 Calamitous 44 Macabro

45 To harig

47 Wrangs

40 Sparold flah-

50 Part of

"to" bo'

At Reverá¤é

62 Girl's namo

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