1940-12-19 — Page 21

Thursday,

HONGKONG TELEGRAPH

December 19, 1940.

Dewar's "White

LabelTM

PERTH

UFS

FOUR YEARS MORE-President Roosevelt in front of voting booth at Town Hall, Hyde Park, N. Y. Mrs. Roosevelt is at left, with President's mother, Mrs. Jamos Roosevelt. President's bodyguard, Thomas Qualters, at right. President was re-elected for four more years.

Future Relations With British

Empire Speculated

In U.S.

WASHINGTON, Dec. 18 (UP).-Aid to Britain "short of war" has led to United States-British relations of such cordiality as to inspire widespread unofficial specula- tion and comment concerning the manner and means of closer co-operation after the coming of peace, or in event of long-continued struggle.

The popularity of Mr. Winston Churchill in America, the f destroyers-versus-bases deal, and the general popular feeling that the British Navy is one of the forward defences of the Monroe Doctrine, have inspired new currents of sentiment and new lines of industrial and commercial interest, of which the political significance might become apparent only after the European war has reached a major climax,

FATHER DIVINE -Acquirement Of New "Heaven"

WHITE PLAINS, New York.

For the first time in history, | 813,000; to Australia, $1,554,000; Amercian popular preoccupation and to South Africa, $70,370,000. has been with the "British Empire," as distinct from Great

Future Prospects Britain alone. This ten- The trend of war-time events has dency. followed

apprehen-suggested the prospect

that com- Dec. 18 (UP)-Followers of merce with British Empire countries months of the war that the motherland and two-thirds of the United States have acquired a new "heaven" in may stabilise at belween one-half Father Divine, Negro cult leader, might be battered to prostration total trade. Since the United States exclusive Westchester County- by Nazi nir attack, in which is already, virtually eliminated from

continental European markets by about two miles from the borders goes, her trading area is practically tate. blockades and self-imposed embar- of the John D. Rockefeller es- confined to Latin Amerlen, the Pacifle and the Indian Ocean,

sion

in early

event the Royal Navy or the Royal Family, or both, might establish themselves in North America.

The property is a 60-acre estate and mansion. A deed transferring

That earlier fear was largely dia- alpated in recent weeks when the connections should lead to disruption many of whom are associated with In the event that Japan's Axis, the property to 33 joint tenants, Royal Air Force showed amazing, of powers at resbriance.

United States commerce with ather Divine's movement, has been American Interest in the British Japan, this dountry's foreign com-fited. The estate was formerly the Empire was also quickened when to the British Empire and Latin the large New York real estate merce would be confined virtually property of Leo S. Bing, a. member Japan Joined

the Rome-Berlin Axis, America. Trade with this

event appeared to create a would be threefold that with Jalinį was $36,000. The property is assess- the Empire firm of Bing & Bing. Purchase price Kreater necesally and likelihood e! British-American naval co-operation

America.

led at $170,000. South American countries obvious-

ร

in the Pacific.

Sentimental ties of the Americanly have numerous complementary Directly opposite the property is people with Australia and New Zen-Kingdum, and a trilateral relation-rand, the former Anna Gould. The commercial interests with United the estate of the Duchess de Tally. land have grown notably stronger ship of South America, Great Britain historic old Washington Irving House during the war period.

and United States was a characteria is about a half mile distant.

Trade Figures

the feature of world commerce ini earlier decades of relatively free rernmerce.

New Trend Indicated

The economic background of the American British Sympathy strikingly illustrated by a Depart- ment of Commerce statistical report covering the first year of war, end- If events of war should lend to ing September 1, when the United Permanent Axia domination of Eu-

rope with consequent Indefinite.

States exports io British Empire isolation from sea-borne world cum- countries were valued at $1,740,000,- 000 and represented 44 per cent. of merce, experis point out that the all United States exports. In August smaller bloc of world trading powers

In

Among the Jolní tenants listed the deed' transfer were Nicholas Moscs, Feace Love, Daniel Conquerer, Queen Eliza beth, Martha Faithful, Merry Martha, Love Patience Job, Positive Spirit. Blessed Virgin Mary, Victory Front, Radical Child and True Vocabulary,

of this year, 65 per cent of all might and it convenient to consider desire to maintain exports to Britain United States exports were going to measures hitherto undreamed of for in maximum volume und nre net Empire countries.

Improvement of financial and com- debtors to Great Britain; the Intter The shipments to British Empire mercial relations. rountries during the first year of the

country in turn needs foodstuffs and Several Indications of such a trend raw materials but cannot maintain war exceeded United States exports have already been seen. First, imemal eredit relations with

#]} countries in the acute depres-pelled by necessity. Britain traded United States because of restrictions the sion years of 1832 when total ex-bust sites to the United States in imposed by the Johnson Act. ports were valued at $1,011,000,000 exchange for destroyers; the United and 1833, at $1,075,600,000.

States promptly assured other Ameri-

to

During the first year of the war, ean republics of their right to use purchases by the British Empire these base sites. Hence the entire from the United States were divided transaction attained A definitely

Britain; $42,313,000,000y by Great triangular aspect to the common ad-

Canada:

by

Important Aspect

United Dominions in maritets of the

Normally, many countries of South America are competitors with the

$63,143,000 by British Indie; $70,-

Kingdom. The

Dominions Secondly, the triangular economie ket by the Ottawn agreements. Under "aheltered" themselves in that mor- 030,000 by Australia: $84,316,000 by relationship between United States, war-time conditions the Union of South Africa; and the United Kingdom, and the La bases of commerce may be disrupted all historical $113,081,000 by all other British Plate countries recently has been because of unprecedented conditions countries.

widely commented, and may become in finance and shipping. These Agures compared United States exports in the calendar United States desires to aid Great with the motivation of official steps. The year of 1930 as follows: To United Britain and has credit resources with London therefore became of trans- Relations between Washington and Kingdom, $505,227,000; - to Canada, 'which to expand exports to the La rendine importance to the countrie $493,450,000 to British India, $42.-Pinte: La Plate countries in turn that rely on sea-berno commerce.

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CONCERT OF MADRIGALS AND PART-SONGS

TO-NIGHT

at 9.30 p.m. in the ROSE ROOM, PENINSULA HOTEL. Ticketa $3, $2, $i, obtainable at Peninsula Hotel & Hongkong Hotel All proceeds will be given to the Lord Mayor's Fund for the reller of air rald victims.

Hongkong Benevolent Society

Room - 11, Ice House Street.

The Society's Room will be open on MONDAYS & THURSDAYS from 10 A.M. to noon

TEL. 20016

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Chiengo Board of Trade

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Commodity Exchange, Inc., New York

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