Mr, B. M. Baruch Advocates Programme of Capture New York, June 4.
Mr. Bernard M. Baruch, former chairman of the War Industries Board, in a statement to the press yesterday, urged the United States to embark on a programme aimed at capturing and holding Latin American markets against prospective inroads by Germany.
The United States should resort to barter agreements, grant credits, or even subsidize exporters if necessary to capture South American markets, he "said.
He indicated he did not believe the Allied cause was lost yet, He said the possibility of a German victory must now be reckoned with and warned that the immediate consequences of such a victory would be fan economic drive in the Western phere, which would pave the later for economic penetration d Press.
Peiping, June 4.
The Belgian. Embassy authorities here today categorically denied Chinese reports that the Sino-Belgian Bank has suspended business.
The bank is said to be operating quite normally. The reports are characterized as "completely untrue." ~Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.