U.S. ISOLATION.

Press, Volume LXIII, Issue 19142, 27 October 1927, Page 6

U.S. ISOLATION.

CHANGE OF POLICY PREDICTED. GROWING INTEREST IN FOREIGN AFFAIRS. (ET CABLE—PHBBS ASSOCIATIOK—COPYRIGHT.) (AUSTRALIAN A.ND S.S. CABLS ASSOCTATIOK.j NEW YORK, October 25. A message from Houston, Texas, states that Mr Melvin A. Traylor, president, tol'l the annual convention of the A mcritf aii Bankers' Association that foreign investments by Americans would eventually undermine the United states policy of isolation, and force the Government- into taking an active interest in foreign affairs. Mr Traylor said: ,

"Unless human nature changes or effects a rapid transition I have an idea that there are of thousands of American citizens whose instincts of self-preservation and whose sense of property rights may somewhat incline theni to take lieecl of what is happening in the rest of the world. The day may come when no mere small fraction of our people will be interested in what is happening in other lands, and will become insistent upon the Government, likewise taking cognisance of such facts.

"During the last three days nearly every member of the League of Nations lias borrowed money, from the United Slates, Germany alone taking over a billion dollars. If we are, as I believe, the world's bankers, and custodians of the world's available credit to-day, we-must make foreign loaus, both for the preservation of our own economic position, and in justice and fairness to the rest of the world."