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“...GREAT BRITAIN AND THE EAST
INCORPORATING “THE NEAR EAST AND INDIA”
Telegrams : Eastaprox, Westcent, London
Telephone : Holborn 8254-5
Subscription : 30s. a year
Registered as a Newspaper
The authority for 30 years on the industry,
economics and current affairs of Great
Britain, the Balkans, Turkey, Egypt, the
Sudan, Malta, Cyprus, Palestine, Syria,
Iraq, Iran, Arabia, India, Afghanistan,
the Netherlands East Indies, the
Federated Malay States, China and Japan.
FEBRUARY 28, 1942
GREAT BRITAIN AND THE EAST, LTD.
135 -136, High Holborn, London, W.C.l
No. 1605—Vol. LVIU
Postage: Inland lid., Abroad Id
THE RECOVERY OF THE EAST
THESE are moments when men require
* faith in the future. The vast work
which the western races have done in the
Far East seems crumbling into ruin.
Lands that have been given ordered rule
are over-run. Hong Kong, redeemed
from a malarial swamp to become one of
the great cities and centres of trade of the
world, has been surrendered. Malaya and
Singapore, tranformed from...”
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“...the war rapidly circum-
scribed, and within twleve months com-
pletely eliminated, South-Eastern Europe
as a field for the Corporation’s activities.
Since then the Corporation has extended
its operations in other directions. While
the Middle East has become its principal
centre, it has also been concerned with
the development of trade with Spain,
Portugal and, to a certain extent, South
THE UNITED KINGDOM (
By .10
America. In the Middle East it has
branches in Turkey, Egypt, Palestine,
Syria, Iraq and Persia; is represented at
Nairobi, Khartoum and Asmara, in
Eritrea, and is now to include Ethiopia
in its sphere of operations.
Invaluable Work in Turkey
A brief account of some facets of its
work will provide an indication of the
invaluable service the Corporation is ren-
dering at this juncture. In Turkey its
work has been specially notable, for it
has been able to demonstrate that despite
war-time difficulties it is still true that
“Britain delivers the goods.” In one year,
excluding purchases...”
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“...There are vast timber resources, but
the inaccessibility of the commercial
forests has handicapped their utilisa-
tion, which, as in the case of the mineral
resources, is dependent on the develop-
ment of adequate communication.
Cedars, acacias, and Natal pines are
among the principal trees.
From this brief survey, it will be seen
that Ethiopia is by no means lacking
in promising fields of economic improve-
ment. Agriculture alone, properly de-
veloped, should change the face of the
country. Like Iraq, it has a soil which
requires little attention to raise a har-
vest, and the fact that two crops are
possible in the year indicates what can
be achieved by modern methods.
Ethiopia has great prospects; it is for
Haile Selassie to realise them.
Book Reviews
“Japan's Kampf,” by J ay a Devi {London,
Gollancz, 6s.). “How Strong is
Japan?” by Noel Barber {London,
Harrap, 6s.).
Both of these books deal with issues
which are well in the public eye at present.
Mr. Jaya Devi’s essay on what he calls
“...”
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“...goods
and other chemicals, electrical appliances
and machinery, and building materials,
such as cement. One of the most inter-
esting changes is in the clothes trade.
Not only are certain textiles now being
made in Palestine, but there is a definite
move to make Palestine the fashion centre
of the Middle East. Dress designers from
Paris, Berlin and Vienna are now design-
ing creations which are finding a ready
sale. The countries to which Palestine is
principally exporting are Egypt, Syria and
Iraq. The war will leave Palestine with
an improved network of communications
with all the adjoining countries, which
should have a big effect on the trade
routes.
INDIA’S AID IN WINNING THE WAR
IT is learned that a record output of
1 bayonets and cordite was achieved by
India’s ordnance factories during Nov-
ember. The manufacture of prismatic
binoculars also attained a record figure
during this month. Arrangements are
now in hand to initiate the production of
cartridges for electric aiming rifles...”
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“...ELDER DEMPHER LINE
THE IMPERIAL
BANK OF IRAN
(Incorporated by Royal Charter, 1889)
CAPITAL (fully paid) - £1,000,000
RESERVE - £760,000
Reserve Liability of Shareholders,
£1,000,000
Branches in Iran: —
Abwatt
Arab
(Sultanabad)
Bushire
Hamadan
Isfahan
Kcrmanshah
K hurramshahr
Chief Office in Iran— TEH ER AN.
Meshed Teheran
Resht (Bazaar Office)
Shiraz Zahedan
Tabriz
Branches in Iraq:—Baghdad, Basra.
The Bank transacts Banking business of every description tn and
connected with Iran and Iraq; and tn London, grants Drafts,
Telegraphic Transfers and Letters of Credit, and negotiates or
collects Bills on Iran and Iraq.
Head Office - 11, TELEGRAPH ST.,
MOORCATE, E.C.2...”
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