WILL BE IN.
U.S.A. AND WAR.
NEW YORK OPINION.
" NEW DEAL » NEARING END.
Business men of New York were of opinion that the United States would be in the war within 12 months, especially if the war spread to Russia, said Mr. W. Goodfellow to-day, interviewed on his return from an overseas tour. President
Roosevelt seemed tfetermrnea that ine United States should be neutral, but should indirectly help the democracies. Meantime, U.S.A. was rapidly strengthening her military forces and had placed a large contract for additional ships.
One could not, said Mr. Goodfellow, expect a political party nowadays, in U-S.A., or elsewhere for that matter, f 1 ankly to admit mistakes, even when proved to be wrong, but there'was said to be a gradual change in U.S.A. policy. Many business leaders believed that the New Deal period was nearing an end. The outstanding fact was that notwithstanding the expenditure of tens of millions of dollars by the U.S.A. Government on relief schemes, the total number of unemployed people remained at about 10 million persons.
State spending to create prosperity had definitely failed to produce desired results, and had created such a lack of confidence .that private enterprise closed down on all expansion. The leaders of industry, he was informed, were now advising and co-operating with the Government. The economic theorists and financial cranks were being gradually replaced by able and experienced busi ness men. Activity in Canada. Throughout Canada Mr. Goodffellow noticed intense military activity. All bridges and many public buildings were guarded night and day. Just before he left Vancouver a submarine was reported to have been sighted off the British Columbia, coast, and an aeroplane escorted the ship on which he travelled to Puget Sound. British naval shins were reported to be handy. However, nothing happened, but the ship was blacked out every night durine the voyage to Auckland.
WILL BE IN.
Auckland Star, Volume LXX, Issue 246, 18 October 1939, Page 8
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