Word: marketeers
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Dates: during 1930-1939
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...pinch. Since Japan had only a pipsqueak gold hoard (published reserve then $261,000,000, now close to zero), Japan's merchant salesmen had to sell more goods in the U. S. before Japan's buyers could get more money to spend in the U. S. market...
...British blockade has cut off the wind of Nazi Germany's Latin American trade, putting the U. S.'s No. 1 competitor in this hemisphere out of the market. Britain still shops heavily in the Latin American market for war and food supplies, but is too thoroughly occupied by war to maintain her exports. France is in the same boat, and jittery Italy does not yet know where she stands...
Thus if the U. S. could take over the markets dropped by the belligerents it could practically double its exports to Latin America. The only competitor still free to bid against the U. S. for the market is Japan, and the U. S. has a big lead on her. For not only has the U. S. long since entrenched itself as the No. 1 Latin American trader, but Cordell Hull's Good Neighbor policy and reciprocal trade agreements have begun to persuade Latin America to believe that Dollar Diplomacy is dead...
...Bolivia, which did a $28,956,000 trade with Britain in 1937 (1938 figures unavailable), looked for a U. S. market for her hides, horns, cocoa in order to build up a credit balance to buy U. S. goods...
...possible U. S. market in terms of specific goods sold by the present belligerents to Latin America...