MAY BENEFIT TRADE.
OPINION IN LONDON
LONDON, Aug. 17. The stock markets, as the wags declare, have been “shanghaied,” but the city is disinclined to take the situation tragically. They do no consider there is the slightest prospect of the European Powers being embroiled. The Financial News points out that, if the war is confined to the Far East, the net effect should be bullish rather than bearish. It will send up commodities and transfer much Chinese trade from Japan to Britain. Opinion in 'Whitehall agrees with the city than an extension of the conflict is improbable, but considers there are real dangers of a major SinoJapanese war. Japanese militarists now apparently command events and the civil power in Japan seems helpless.
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https://paperspast.natlib.govt.nz/newspapers/MS19370818.2.94.6
Bibliographic details
Manawatu Standard, Volume LVII, Issue 221, 18 August 1937, Page 9
Word Count
122MAY BENEFIT TRADE. Manawatu Standard, Volume LVII, Issue 221, 18 August 1937, Page 9
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