Unless there has been some eleventh hour hitch, which at this juncture seems impossible, the Anglo-American Trade Agreement will have been signed by the time these lines appear in print, and a long period of exceptionally difficult negotiations will have been brought to a successful conclusion. The new agreement which is a very extensive one, covering several hundreds of articles of mutual trade, provides for reciprocal reduction in the British and American tariffs, and may be considered the first step towards the desired objective of gradually reducing the high tariff walls which have been created since the Great War, to a great extent as a result of the growths of an exaggerated nationalism which has operated against that worldwide ce-operation which is so necessary from many points of view. The first attempt to negotiate such an arrangement resulted in failure, and for some time it appeared as though the second would meet the same fate, but it speaks well for the determination of the two governments concerned to reach a satisfactory conclusion that, despite threats to the smooth progress of the conversations, which occasionally seemed to have reached a deadlock, it has been possible to meet each other's point of view, with the result that an agreement has been reached. That is important, for it is apparent that, had there been another failure, the difficulties of arranging a third set of negotiations would have been all the greater by reason of past failures. Indeed considerable time might very well have passed before either Government would have considered the moment ripe for such another endeavour. Great Britain was especially handicapped in the matter because of the Ottawa agreements under which certain preferences were arranged within the Empire, and one of.the first obstacles to be overcome was the fact that the interests of the Dominions and Colonies in Empire trade had to be considered at every step of the way. That had the result that Great Britain was at all times conducting parallel negotiations, one set with the United States and the other with the component parts of the Empire which naturally watched developments with no little anxiety.
Out of the many hundred items upon which settlement has been reached are the tariff concessions which Great Britain is giving the United States on lard, ham, apples. wheat, lumber and plywood, together with a cut in the duty on motor cars over 24 horse-power. In return wide concessions were granted by the United States on British manufactured goods including high grade textiles, hardware, leather and cutlery, and while both lists are necessarily incomplete, until further details of the agreement are to hand, it has been stated that D'Arcy Anderson Passes Residents of Shanghai who knew him, and they will be many, wil learn with deep regret of the death of Mr, A. L. Anderson, a well-known figure in Shang-hei for approximately the last fifty years, who, succumbed yesterday afternoon after a lingering illness. D'Arcy Anderson, as his friends called him, lived a full, rich life, and stood out as one of the men who spent much Of his time in the service of the local community. An all round sportsman, oarsman, yachtsman, fisherman and big game hunter he added to these activities by being something of an explorer, shooting the (first pygmy elephant on the Niger River, discovering the Anderson Falls, Bagwe River, Sierra Leone, and Anderson Lake in British Columbia, D'Arcy was responsible for the formation of the Special Police in 1918, which he commanded for four years and was eventually made a life member, and by so doing established a body of men who have served Shanghai right loyally for the past twenty years. It is also interesting to note that he was instrumental in founding the Shanghai Stock Exchange, of which he was chairman no fewer than seven times. A gallant man of outstanding courage, Anderson had the happy faculty of making friends and keeping them, and his demise will be generally mourned. With his fresh, complexion, clear blue eyes and closely cut, pointed, white beard, D'Arcy seemed a figure drawn out of more romantic days. To his undoubted qualities of leadership has to be added his organizing abilities, His sterling character endeared him to the large number of people with whom he came in contact, while to very few men can be so suitably applied the last two verses of Stevenson's "Requiem";—
Home is the sailor, home from, sea And the hunter home from the hill.
Text read from the printed page and cleaned; old type leaves the occasional error.