Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image
Article image

THE GREAT U.S.

FRANK CR ITICIS-M. juN AWAKENING COMIxNG. Sir Charles Migham believes that America needs to look at lierweit seurchingly, and ne has made himself understood in no backward manner whilst on a visit to New \ oik. air diaries, • who is one of the w ..rul’.s most prominent advertising specialists, feels r that the United, Siiato**, is living too complacently in tiie present; is too heedless of what may Happen ten years from now, and ol what- is- happening abroad at this very moment. He sees. America in danger of becoming the victim of its own prosperity and of learning that in some ways it is not nearly so smart as it thinks'it is. All of gvhich the noted Britisher points oat good-naturedly, rather than critically or bitterly. "America lives vividly from day to day. It- lives- every mi mite- of that day. It is .so prosperous that it; forgets' yesterday and gives no heed for to-morrow.” said Sir Charles. ‘‘ln England we never have been prosperous, and so we live from day to day in hope of something better, with our prayers and efforts directed toward thefuture and our past too brutally' memorable to he soon forgotten. “That’s why we are going ahead. That’s wl\y we are getting on our feet wth amazing rapidity. Our manufactuiing plants will surprise you—as- they surprised All-.' Ford when he was in England recently. We- have taken the American pattern. “If our men are getting better wages, fand if our labour problems are being solved, it is the- Ameiriean debt that is doing it. It has made us come to life. The Britisher is not a go-getter, a lniistter. Rut he is learning how to be.

“If you .enter the average American business office. with its array of trick offices. you -are likely to. see the day started with a discussion of Babe Ttuth’iS la.st born© run or last night’s prize fight. You won’t find that in England. , STRIKING INCIDENT.

Meanwhile, your gold—the- greatest supply i,u the world—Lies moulding in your tank vaults. Your hankers think themselves quite smart. Yet, some time ago a. new -British enterprise tried to raise twelve millions in America and wtis turned down. It went to the Bank of England. Lt got the money at a little better than eight per cent. “ ilii-c Bank of England then went to the American concern that turned down the industrial project and borrowed the millions, at a Little better than three-per cent. The British bank I is making five per cent, without using a dhne of its own -money. Now .1 ask you: ‘to that .wmart busiuww.

“There 'has been a great deal of talk about a, trade war between England and America-. That is too- silly for .words. To begin with, a trade rival has to lb© juA expdrrt rival, and America rloes not know the export business and is not likely to learn it for a long time. Aimenioa knows -business, but not export; England knows export and is just learning business. The only export .rival Eliglamd has in the world is Germany—as usual. “True it is that the Britisher shaves h'iuuself with American cream, and uses an r American safety razor. But- American manufacturers are gaining sufficient insight to build British factories. Thus the British worker is given employment and the articles are turned out as a. British product: That is going to 'be the final solution of many arguments, in my opinion. “A very pro-British, attitude towards home products! is being engendered in England, just as you hear of the 100 per cent. Americanism here. I have been handling a big gund put up by the Government to puiblioitise the necessity of buying British goods. It is- the only Government that ever took such a. step, and it is? working. “America is not thinking about such tilings. Much will have happened ten years hence, when the foreign debts are pretty well paid off inn cl Germany and England are back on their export feet, unless there is an American awakening.”

This article text was automatically generated and may include errors. View the full page to see article in its original form.
Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/HAWST19280725.2.56

Bibliographic details

Hawera Star, Volume XLVII, 25 July 1928, Page 9

Word Count
674

THE GREAT U.S. Hawera Star, Volume XLVII, 25 July 1928, Page 9

THE GREAT U.S. Hawera Star, Volume XLVII, 25 July 1928, Page 9