New York, Jan. 8.
The London correspondent of the Associated Press writes:—America's demand for her own natural resources—oil, metals, cotton and the like—is so great that a world-wide shortage of these commodities is foreseen; while an economic crisis, even a collapse, is predicted for the United States asia result of the insatiable and voracious consumption of the raw materials of the country, according to Sir E. Mackay Edgar, the well-known British industrialist and financier, who has returned to London from his annual visit to America.
All countries will be..affected, but' the United States most of all, and the best policy for Great Britain, according to the observer is to develop and keep under British control as many physical assets as possible all over the world. If that is done, America will have to come to Great Britain for some of the indispensible of; life, and industry.
Text read from the printed page and cleaned; old type leaves the occasional error.