POST-WAR PERIOD

Te Awamutu Courier, Volume 65, Issue 5493, 3 July 1942, Page 6

POST-WAR PERIOD

TRENDS ALREADY EVIDENT “Though we cannot now begin to assess our position in the immediate post-war period, there are certain trends which are becoming plainer with the pressure of daily events. In the first place, we cannot escape the cnclusion that any peace which follows this titanic struggle must assuredly be accompanied by unparalleled efforts to organise entire continents for peaceful trade. We have to realise the key parts which Washington and Moscow, as well as London, will play in the economic and political development of the post-war world. From a longer-term viewpoint we must also recognise the implications of intensive development in Latin-American and Asiatic industry • —more especially in China and India,” adds the-Financial News, “Last, but not least, we must be prepared for the adjustments which will be needed as a result of the steady depletion of our overseas investments. It is impossible to estimate how far this process will continue, as it is clearly impossible to predict the future pattern of the war. But it is quite certain that it will have gone far enough, when the war ends, to have serious repercussions on our relations with other countries.”— Financial News, London.