Washington, July 27.
An Anglo-American trade agreement would prove an "efficient contribution to economic recovery and would restore international stability and order," Mr. Cordell Hull, U.S. State Secretary, declared today in commenting favourably upon the statement "by the the British Prime Minister, Mr. Neville Chamberlain, on Anglo-American parleys in the House of Commons yesterday.
Mr. Hull added "that he knew nothing about any new Chinese requests for financial help, as mentioned by Mr. Chamberlain.
The projected Runciman mission to Czechoslovakia is also welcomed here, where it is admitted that Mr. Chamberlain's policy has succeeded in maintaining European peace, although no enthusiasm is expressed over the method employed.
Tt is hoped here that mediation by Viscount Runciman will prevent a new crisis, but at the same time it is stressed that the Czech problem cannot be held definitely settled unless a serious British guarantee supplements the Franco-Soviet military pledges and politicians here believe the commitments Britain may take on in Central Europe will prove more important than the actual terms of an eventual Czech-Sudeten U.S, Fight Competition In South America New York, July 27 An export and import bank, it is earned, will be opened to fight agreement, They add in conclusion, "If Britain adopts a firmer attitude in Central Europe, she may be expected to do the same in the Far East, which remains the chief preoccupation in the United States—Havas. oreign competition in exports to South America by extending medium term credits, particularly for capital 100ds, such as heavy machinery, elec-equipment and providing for payment by instalments.
The chief purpose of this move, i to offset Government given to other exporting It is also pointed out that through an expansion of trade with South America, the Administration hopes to minimise the political influences ex-
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