London, Feb. 9.
On his return from America Viscount Rothermere, who has been analysing conditions there after the stock market crash, writes in the Sunday "Despatch" that the financial and commercial founda tions of the United States have survived without damage the greatest speculative crisis any country has ever passed, "Now that the hurricane is over," he says, "the fundamental sound~ ness and vitality of the United States are rapidly obliterating the [force of the temporary havoc, believe," he goes on, "that there are no safer industrial invest ment in, the world than leading jeecurities, America is sound be-Jeause American industry is sound, The nation as a whole has, and are entitled to have, unshakable confidence. The enduring prosperity and high conipetency of the Federal Government of the United States, as well as the under-lying stability of industries, was well illustrated during the economic emergency last autumn, when only a few telephone calls for the President at the White House were made, An executive committee of 20 men, each.the head of a great industry, in 10 minutes had arranged a programme for £2,000,000,000 constructive expenditare, "Such are the proved advantages of having at the head of the nation's political affairs business men like Mr, Hoover and Andrew Mellon."—Wireless through Reuter,
Text read from the printed page and cleaned; old type leaves the occasional error.