Word: trading
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Dates: during 1920-1929
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...designed to focus the collective energy of large enterprises and coordinate the zeal of their departments. These journals are keys to strange chambers in the industrial soul of America. I forget what this particular magazine was run for-let us call it the organ of the ventilated mouse-trap trade. After reading a few issues you gather that, in the opinion of the protagonists, the Government, Federal, State and Municipal, the universities and colleges, the foreign policy and the provisions of the tariff and international law, should all be administered to the advantage of the ventilated mouse-trap trade...
After the roaring days of 1919 and 1920 in our export trade, there has been a great falling off in enthusiasm for the future of our foreign trade. New export firms have liquidated and disappeared. Banks have closed or pruned down their foreign departments. Manufacturers are less optimistic concerning the possibilities of foreign markets for our goods...
...National Foreign Trade Council, however, has not abandoned its efforts in behalf of a larger American export trade, even if it has grown wiser and more patient than were business-men-in-general four years ago. Last week the Council's convention in Boston stressed the necessity for educational facilities in the U. S. for training foreign trade personnel, and for a thorough knowledge of the foreign markets into which our goods are to be sold...
...remained for President James A. Farrell* of the United States Steel Corporation to strike the real keynote of the convention in his optimistic assertion of the value of our foreign trade and its great future possibilities. Mr. Farrell pointed to Cuba as an example of the way American investment of capital abroad had paved the way for an expansion of our exports. Cuba's consumption of American products now amounts to $44 per capita. The demand for American goods in other Central and South American countries, he declared, could be similarly increased as soon as American capitalists begin...
...Cape-to-Cairo Railroad and its feeder lines, while the French have established lines of communication by tractor across the Sahara from Morocco to Timbuctoo in the heart of the continent. No one knows what a thorough exploitation of the continent may mean to the world's trade. Since the War, the development of African Copper properties, such as Tanganyika Copper, has already made its influence felt in the world's markets. In time, it is probable that coal and oil resources will be discovered too. The Germans still hold one trump card in African colonization-Bayer...