BRITISH TRADE.

Manawatu Standard, Volume LVI, Issue 260, 1 October 1936, Page 9

BRITISH TRADE.

“TREMENDOUS RECOVERY.” Air G Graham, general manager of an important firm in Australia, who returned to Sydney recently, after a visit to the United States and the United Kingdom, said that a tremendous recovery in trade was noticeable in England, where there was a scarcity of labour, particularly in the engineering trades. In America, some factories were working day and night, but generally industry was slack, and about 15,000,000 persons wero registered as unemployed. People in the United States were very keenly interested in the Presidential election. He thought that the rank and file of the public would not vote against President Roosevelt, whom they regarded ns a sort of Father Christmas, who gave them gilts of money. The industrialists, howe\ or, were decidely against President Roose'GMr A. It. Clarke, managing director of another firm, who returned to Sydney, after having visited England, Sweden, France, Germany and Italy, said that Britain and Sweden had almost recovered from the depression. Conditions in Germany wore improving, but tlic Germans needed markets.