BRITISH TRADE

Poverty Bay Herald, Volume LXIII, Issue 19138, 6 October 1936, Page 5

BRITISH TRADE

‘TREMENDOUS RECOVERY’ CONTRAST TO AMERICA SYDNEY, Sept, 21. Mr. G. Graham, general manager of Exide Batteries of Australia, Limited, who returned to Sydney on Saturday by the Maunganui, 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 were registered as unemployed. People in the United States were very keenly interested in the Presidential election. He thought that the rank anvFfile of the public would not vote against President Roosevelt, whom they regard as a sort of Father Christmas, who gave them gifts of money. The industrialists, however, were decidedly against President Roosevelt.

Mr. A, R, Clarke, managing director of the Asea Electric Agency, Limited, who returned to Sydney by the Maunganui on Saturday, after having visited England, Sweden, France, Germany and Italy, said that Britain and Sweden had almost recovered from the depression. Conditions in Germany Avere improving, but the Germans needed markets.