U.S.A. AND SOVIET

Hokitika Guardian, 24 October 1933, Page 5

U.S.A. AND SOVIET

GENERAL EFFECT

GERMAN VIEW OF POSITION.

United Press Association—By Ji)je itn<. Tefegiapn—Copyright.;

(Received this day at 10.15 a.m.) BERLIN, October 23.

The “Vcldischer Beobaciiter,” probably owing to recent Russo-German ■divergence, looks askance at an Arnerico-Russian rapprochment which it regard as necessitated by the threatening eastern situation against the Soviet and assumes that Moscow, in return for refraining from Communist propaganda j n America, w ill receive toe substantial, political, and economic advantage for which she has striven for years.

Britain’s attitude is most important to. all concerned. The Russo-Ainerican economic Agreement will seriously affect British trade, while the proJapanese attitude by Britain will arouse discontent in Australia, which feels herself threatened by Japan. Germany will. closely follow the clash of forces, of which the outcome is impossible to prophesy.

Russia is showing extraordinary enthusiasm over Mr Roosevelt’s decision. T;lie newspapers prominently display the world press opinions. The habit of certain German business houses, enclosing .propaganda in their letters, which have already caused annoyance in Britain and elsewhere, has now received official sanction find encouragement of the Ministry of Propaganda, which has requested exporting and importing firms at Hamburg to enclose in business letters as many copies as possible of Hitler's broadcast of October. 14

U;S.A.’s 500,000,000 DOLLAR- LOAN

TO ENABLE SOVIET PURCHASES

(Received this day at 10.45 a.m) WASHINGTON, October 23.

Negotiations are under w a y for extensions of . some 500,030,000' dollars of Government credit to the Soviet Union for the purchase of American factory and farm products in the next five years. The .purchases include about 400,000,003 in machinery and

mechanical supplies, ' about 50,000,000 in raw cotton, and some cotton cloth and livestock.

ANOTHER VIEW OF PROPOSAL

(Received this day at 10.55 a.m.) LONDON, October 23.

The “‘Chronicle” says it- is difficult to understand Mr Roosevelt’s sensational step. There is obviously a big market in Russia for America’s surplus goods hut a duplicate of the Far Eastern situation is caused by the growing Russo-Japanese breach. It may also be suggested that there is a desirableness, in view' of America’s great interests there, to be on friendly terms, with powers capable of checking Japanese aggrandisement.

GERMANY WELCOMES INCLUSION.

BERLIN, October 23

Political quarters welcome the Rus-■sian-American rapprochment as tantamount 'to recognition of the Soviet, whose inclusion in international Uf o should hasten the (restoration of normal conditions throughout the world.