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PRICE OF NAZI VICTORY

Warning To American People PRESSURE ON U.S. AND PACIFIC DOMINIONS (United Press Assn.—Telegraph Copyright) (Received January 19, 7.30 p.m.) WASHINGTON, January 18. The Vice-President elect, Mr H, A. Wallace, in his annual report as. Secretary of Agriculture, said that if Germany wins the war Hitler will probably launch an economic war against the United States “that might be the prelude to the use of armed force against us. Such an economic warfare would be extremely dangerous to our security.” . He said that if the Germans were victorious probably the world would be divided into four spheres of influence as follows: — (1) German-controlled Europe and Africa and British and French colonies in Asia.

(2) North and South America and possibly Australia and New Zealand.

(3) Russia. (4) Japan. He said the combination of the three spheres outside the New World would have a population three times that of the Americas and their potential Pacific partners and could apply “economic pincers” through Government dominated trading corporations, which might control the Western Hemisphere agricultural exports to Europe. “Every farm and every home in the New World would feel the effect,” he said and he urged increased trade with Latin America to remove the peril of economic political penetration. GRANTING OF HELP URGED (Received January 19, 7.30 p.m.) WASHINGTON, January 18.. Senators friendly to the British aid programme at present are proposing that Britain and the other democracies, benefiting by the Lend and Lease Bill should be permitted to keep their gold in order to facilitate the re-establish-ment of an international gold standard after the war.

Senator James F. Byrnes (Democrat), who has been newly elected to the Senate Foreign Affairs Committee, in a broadcast, said: “Freemen don’t stamp the dollar mark upon their liberty. We can’t let Britain down. If we do Hitler may never let us up. The cause can be won if America does her duty.” Mr W. S. Knudsen, controller of the rearmament programme, said he was not satisfied with the progress of the defence programme, but it was doing as well as could be expected. “We are doing fairly well, but the real showing will not start until tooling is ready and it is coming in now, he said. He said it required 10 or 11 months, to put a new aeroplane into production because of delays necessitated by changes in design. Fie also said current delays would mean that full equipment for an army of 1,200,000 men and heavy equipment for an additional 800,000 could not be achieved before the end of 1942, instead of July 1942 as scheduled. British orders, he stated, at present represented about 35 per cent, of American defence production and he could not estimate the increase in the

proportion under the new programme. Senator Carter Glass (Democrat), said the United States should declare war now. “Personally, I would like to see Hitler at the bottom of the sea,” he said.

The Secretary of Commerce, Mr Jesse Jones, in his annual report, said the defence programme gave paramount importance to inter-American trade. He emphasized the efforts to increase exports from Latin America and concluded: “It is noteworthy that the United States is dependent on Europe at present for none of the imported materials essential for national defence.” The Secretary of State, Mr Cordell Hull, revealed' that he had granted general licences permitting the export to Canada of many essential war materials previously subject to licensing and for which all other nations must obtain separate licences for each shipment. 1116 materials include oil, aluminium, tungsten and machine tools.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ST19410120.2.45

Bibliographic details

Southland Times, Issue 24338, 20 January 1941, Page 5

Word Count
597

PRICE OF NAZI VICTORY Southland Times, Issue 24338, 20 January 1941, Page 5

PRICE OF NAZI VICTORY Southland Times, Issue 24338, 20 January 1941, Page 5

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