ECONOMIC POWER
AMERICAN UNITY. Republics Gravely Menaced By Nazis.
NEW ORDER FOR WORLD TRADE (Received 2 p.m.) CHICAGO, June 30. Mr. Henry A. Wallace, Secretary of Agriculture, urged the American Republics to unify their economic power, possibly by the formation of one great inter-American corporation, along the lines of President Roosevelt's plan foreshadowed a fortnight ago, of a central trading agency for all American countries.
He added: "The new world has economic power and it has gold. The hour has come to use both positively. Unless Hitler's divide and conquer strategy is prevented in this hemisphere the United States and its elster Republics are gravely endangered.
"I recognise that Britain has a chance of winning ultimately, but it is still essential that the Americas present a united front, re-establishing world trade on a sensible basis, so that Europe's hungry can be fed without ruining the new world."
Permanent link to this item
https://paperspast.natlib.govt.nz/newspapers/AS19400701.2.106
Bibliographic details
Auckland Star, Volume LXXI, Issue 154, 1 July 1940, Page 8
Word Count
147ECONOMIC POWER Auckland Star, Volume LXXI, Issue 154, 1 July 1940, Page 8
Using This Item
Stuff Ltd is the copyright owner for the Auckland Star. You can reproduce in-copyright material from this newspaper for non-commercial use under a Creative Commons BY-NC-SA 3.0 New Zealand licence. This newspaper is not available for commercial use without the consent of Stuff Ltd. For advice on reproduction of out-of-copyright material from this newspaper, please refer to the Copyright guide.
Acknowledgements
This newspaper was digitised in partnership with Auckland Libraries.
Log in