THE NEXT GREAT WAR.

Auckland Star, Volume LVII, Issue 65, 19 March 1926, Page 7

THE NEXT GREAT WAR.

AN AMBASSADOR'S BELIEF. STRUGGLE FOR MARKETS. LONDON, March 18. A message from Chicago elates that the British Ambassador to the Uniied States, Sir Esme Howard, addressed the Chicago Chamber of Commerce. He said the next world war would be a struggle for markets. It Would be waged ad bitterly as any that had sprung from traditional hatreds, national jealousies or territorial ambitions. "It certainly seems to mc," said Sir Esftie, "that the subjects which now interest diplomacy have changed so enormously in the short 40 years in which I have had anything to do with it that the outlook of the varioue Foreign Offices of the world has perceptibly altered. The great Change which has come over them has been due to the conviction that economic causes dominate history." The ,r Qaily Express" says the conu mercial warfare which is being waged between the British and American companies which are engaged in the South American meat trade to break down the former meat shipping arrangement which maintained regular and unfluctuating; supplied ift Britain, has led to a glut at Sftrithfield. The consumer has not' reaped the full benefit of the collapse : in the wholesale price, however. The Food Council is expected shortly to mdi-: pate that retail prices should be lowered 2d a lb. Millionaires are engaged oh both sidesin the meat war, gays the paper. It 1 estimates that the Companies concerned have already lost £10,000,000. Their ; share values are tumbling , down on both sides of the Atlantic. — (A. and N.Z.Reuter.)