Foreign News: Americanization

One result of shifting the world's money center from Britain to America has been the investment of American funds in London. Formerly British investments in New York brought with them, to some extent, British architecture and social and business customs. Now the shoe is on the other foot, and the invasion of London by the dollar is accompanied by the introduction of American engineering and American habits and customs.

Only within the past two weeks three typical American enterprises —a hotel, a cinema theatre, and a freight subway—have been launched in London.

The new hotel is being built by H. Wardman of Washington;...

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