“IMPRACTICABLE”

Poverty Bay Herald, Volume LXI, Issue 18332, 26 February 1934, Page 9

“IMPRACTICABLE”

.U.&A. ANX) ISOLATION Thqrc is, or pas, a'strong section of opinion, in tile United States which held that that cmtutiy, could, -.separate itself from the “resit of the world tttid its troubles and prosper in isolation. The latest isspo of the Index, the official publication of the New York Trust Compauv,f stoutly combats thm idea, It declares bluntly: “Economic self-sufficiency is impracticable for the United States.” This bald statement is supported by clear aud logical reasoning. Hvoryone will admit that overseas trade is ,»ot so vital to Amcrica-a's it is to Britain.- and many other countries. Truth, perhaps, may be found in the sum-ming-up of a very wise and experienced American observer, who recently said: “America can' Gsjist In isolation, but her overseas I fade is and must, be tile measure of her prosperity.” , For the last few months Mr. Roosevelt has been ’inevitably - obsessed by internal problems; but in 1034 one may expect this view to be pressed very strongly upon the attention of his Government.