| Show No Consul Gives Warning Americans were warned against raising as a stop-gap in the current recession by British Consul S. P. House in a lecture before students and faculty at the University of Utah Thursday Consul House said that higher tariffs could weaken the position of the United States in world other countries can't get goods from the where are they going to get he The Consul inferred that any restrictive measures by a harried American government would only weaken the free world market at this Consul House reminded Americans that London is forced to finance fifty per cent of world financial activity on five per cent of the world's He said that this weak position requires some effort to strengthen the banking A World Bank was set forth by the British Consul as a possible indicated that the but he United States must be interested in greater financial involvement in such U.S. gets so involved in that it its own prosperity times forgets about what is going on he At toe same the is intent on taking advantage of weaknesses in free world trade and is continually expanding its trade he Americans were chided for worrying about Britain's socialism and thus being fearful of assisting the London Bank with American He said that Americans seem to worry that the British will take the money and spend it on such social projects as and for the The British foreign officer surprised the audience by saying that Britain cannot indulge in military action for more than a week without military support from the U.S. This political and economic together with the recent speculation which drained British forced leaders to face economic facts of life and to seek support for the London |
