1940-12-19 — Page 33

Thursday,

HONGKONG TELEGRAPH

December 19, 1940.

Dewar's

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PERTHE

Urs

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

British In U.S.

Future Relations With Empire Speculated

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-conti tued struggle.

The popularity of Mr. Winston Churchill in Amerien, the 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.

For the first time in history, 813,000; to

Australia. $61,554,000;

Amercian popular preoccupation and to South Africa, $70,370,000. has been with the "British

Empire," as distinct from Great

Future Prospects

com-

FATHER

DIVINE -Acquirement Of New "Heaven"

WHITE PLAINS, New York,

Britain alone. This ton- The trend of war-time events has! dency followed apprehen-suggested the prospect that sion in early months merce with British Empire countries Dec. 18 (UP)-Followers of the war that the motherland end two-thirds of the United States have acquired a new "heaven" in ofy stabilise at between one-halt Father Divine, Negro cult leader, might be battered to prostration total trude. Since the United States exclusive Westchester County- by Nazi air attack, in which is already virtually eliminated from about two miles from the borders ovent the Royal Navy or the blockades and self-imposed embar- of the John D. Rockefeller es- continental European markets by Royal Family, or both, might goes, her trading area is practically❘tate. establish themselves in North confined to Latin America, the America.

Pacifle and the Indian Ocean.

The property is 60-acre estate That earlier fear was largely dis-|

and mursion. A deed transferring sipated 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 United powers of resistance.

States commerce with ather Divine's movement, has been American interes in the British merce would be confined virtually property of Leo S. Bing, a member Japan, Uils untry's foreign com-filed. The estate was formerly the Empire was also quickened when to the British Empire, and Latis, the large New York real estate Japan joined the Rome-Berlin Axis, America. Trade with the Empire arm of Bing & Bing. Purchase price as this event appeared to create u would be threefold that with Latin was $36.000. The property is assess- greater necessity and likelihood of British-American naval co-operation

America.

ed at $170,000. in the Pacific.

South American countries obvious- Sentimental ties of the Americany have numerous complementary Directly opposite the property is people with Australia and New Zea-commercial Interesta with United the estate of the Duchess de Tolly- land have grown notably stronger Kingdom, and a trilateral relation-rand, the former Anna Gould. The during the war period.

ship of South America, Great Britain historie old Washington Irving House and United States was a characteris-is about a half mile distant

Trade Figures

tle feature of world commerce in earlier decades_of_relatively_free. commerce.

New Trend Indicated

The economic background of the American British sympathy Was strikingly illustrated by Depart ment of Commerce statistical report covering the first year of war, end-

It events of war should lead to ing September 1. when the United (Permanent Axis domination of Eu

Slates exports to British Empire isolation from sea-borne world com- alted rope with consequent indefinite countries were valued at $1,740,000,- 000 and represented 44 per cent. of merce, experts point out that the all United States experts in August smaller blae of world trading powers of this

Among the joint tenants listed_ In the deed transfer were Nicholas Moses, Peace Love, Daniel Conquerer, Queen Eliza- beth, Martha Faithful, Merry Martha, Love Patience Job, Positive Spirit. Blessed Virgin Mury, Victory Froni, Radical Child and True Vocabulary.

Important Aspect

United ar, 05 per cent, of all might find It convenient to consider desire to maintain exports to Britain exports were going to measures hitherto undreamed of for in maximum volume and are not Empire countries,

Improvement of financial and com- sebtors to Great Britain; the latter The shipments to British Empire mercial relations,

country in turn needs foodstuffs and countries during the first, year of the Several indications of such a trend raw materials but cannot maintain war exceeded United States exports have already been seen. First, im-mal credit relations with the to all countries in the acute depres-pelled by necessity, Britain traded United States because of restrictions sion years of 1832 when total ex-base 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 1933, at $1,675,000,000.

States promptly assured olhrr Ameri- During the Best year of the war, can republic of their right to use purchases by the British Empire these base aftes. Hence the entire

Normally, many countries of South from the United Staten were divided transaction attained * definitely America are competitors with the

follows:

$779,974,000 by Great triangular aspect to the common ad-

British Dominions in markets of the Britain; $622,503,000 by Canada;

United vantage.

Kingdom. The Dominions $63,143,000 by British Indin; $70,-

"heltered" themselves in that mar 030,000 by Australia; $84,316,000 by relationship between United States, war-time

Secondly, the triangular economie ket by the Ottawa agreements. Under the Union of South Africa: and the United Kingdom, and the La bases of commerce may be disrupted conditions all historien! $113,081,000 by all other British Plate countries recently has been because of unprecedented conditions widely commented, and may become These Agures compared with the motivation of official steps, The

in finance and shipping. United States exports in the calendar United States desires to ald Great year of 1939 as follows: To United Britain and has credit resources with London therefore became of trans Relations between Washington an Kingdom, $205,227,000; to Canada, which to expand exports to the La eendint importance to the countrie $403,450,000 to British India, $42.-late: La Plate countries in turn that rely on sea-borne commerce.

as

countries.

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