FROM AMERICA.

Taranaki Central Press, Volume IV, Issue 408, 15 April 1937, Page 6

FROM AMERICA.

BRITISH WAR CREDIT Guarantee Sought in Event of Outbreak of War. London, April 9. In thic nego ’’avion r how going on ( between Britain and America for an , understanding, on trade and political questions Britain _ said o be sek- { ing a guaranteed snppi of American raw materials end credits sb aid she I, become involved in a war in which f the United States einained netfaal. ' t Unless such a guarantee an b giv- i , en, Briia.n might not agree to the J United States ccnltinuing to enjoy her large favours jU trade balance. Jk is hoped ?re title the “explor- . atory mission’ 4 of Mr. Nom n Davis, ambassa lor-at-large ior President ( Rooscvetji, will lead iotf.- i rela- . tions between Brin in and the United i The atmospk-re of hs Lon- | j don talks to data 1 - beer excellent. ‘ These likely to lead, co: : ..g L to tie Daily Express, to >'lj in* reased j ; trade; (2) pressure 'n the res,: of the ■ t word to reduce a; marc ’ • nrd (3) j a aetti nieut °f war deb , . At lajt-1 ( est red’: >n?ng the dvbLs < wed to Ant 1 , erica by Britain and her other war-| time *3Ties « n re than ; «3,006,000.000. Lower Tariffs. I ( Mr. Davis, is 07,-p to ress ’he |{ Amoricon vie tlinjt tarn', shout be • lowered simultaneously in all eoun- i tries, whiit ealing atr. ntion to ihe t fact that Britain joicy •" dealing , with only one cor.itry at time dis-1 t crjm-inu’-s against the United tf’atts , i For exam ci British raide agreements 1 = with the Argentine and the Seandi-1 navian countries are held »o be on-1 fair .j America. Lord Fweedcsinuir, Gov rnor-Gen-era! of Canaia, c- his visit *to Wash- - ington, it understood ‘o have handed Mr. Roosevel’ a . memorandum pre- '■ pared by jFo, British Beard of Trade and shewing .that American exports , to Britain and the Dominions ha: ndt s’lffcrer through the Ottawa agreement. He is stated _o have as- ? sured the Presidon: 'ha. ghere > tmld : b no idfther discrimination against United Stales products. "An undeHtanding with the United... .States would have a vital effect ou ' ' Briain's defenc plans,” soys the ■ ’ Express. ! ; hsptciaiTy i -hi, tiie case with , ' waiUme supplies and def nee of! ' British oases in .the. Pacigc.”