Repid Development Of Past Decade Described to Students

Probably no other decade in history had seen development of nations as rapid as that since 1945. said Dr W. B. Sutch, Economic Adviser to the Department of Industries and Commerce, in an address on international affairs to the University Congress at Curious Cove. The talk was an analysis of the underlying economic basis of the world events. Dr. Sutch said that international affairs since 1945 had been predominantly connected with the founding of new nations, which, in the main, were former colonial countries such as India. Pakistan. Ceylon, Burma, Israel, the Philippines and Indonesia and also the changes in such countries as China and those in Eastern Europe.

"Probably no other decade in history." said Dr Sutch. "has witnessed such rapid development.

Common to all international strains since 1945 had been the rise of nationalism—also in other areas, including Africa.

The huge productive resources of the United States made this development possible. One problem to be faced in the future, said Dr Sutch, was that of repaying the interest and capital by supplying Imports to the United States.