BRITAIN OUT OF THE WOOD

Evening Star, Issue 21632, 30 January 1934, Page 12

BRITAIN OUT OF THE WOOD

CONFIDENCE IN AMERICA LOST —i— NOTED VISITOR'S OPINIONS [Per United Press Association.] AUCKLAND, January 30. “ Britain is the one country in the world that is really out of the wood,” said Sir John Sandeman Allen, chairman of the Commercial Committee of the House of Commons, on his arrival to-day. He has visited Australia, South Africa, and East Africa, and is studying Empire trade conditions. “ I am letting people know what is going on in Britain and Europe, and telling them of Britain’s recovery and what it means,” he said. He knew New Zealand had taken many steps towards recovery, but firm measures of retrenchment were still necessary. “ We must not think, because we are getting out of the wood, we could go ahead as before.”

Britain was out of the wood, but nobody knew what America was going to do. She had lost the confidence of the world. He did not think any action by America would disturb sterling materially, but Britain must go slow, all the same. America was so uncertain, and had been for so long, that, if there had been any serious danger of .terling being affected, it would have Jiown itself before this.