Word: tradings
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Dates: during 1920-1929
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...Round Robin was entitled: A Plea for the Removal of Restrictions upon European Trade...
...break-up of great political units in Europe dealt a heavy blow to international trade. Across large areas, in which the inhabitants had been allowed to exchange their products freely, a number of new frontiers were erected and jealously guarded by customs barriers. Old markets disappeared. Racial animosities were permitted to divide communities whose interests were inseparably connected...
There can be no recovery in Europe till politicians in all territories, old and new, realize that trade is not war but a process of exchange, that in time of peace our neighbors are our customers, and that their prosperity is a condition of our own wellbeing. If we check their dealings, their power to pay their debts diminishes and their power to purchase our goods is reduced. Restricted imports involve restricted exports, and no nation can afford to lose its export trade...
...Commerce of the U. S.: "Since I joined this body in 1912, as general secretary, I have had, practically, full charge through the various presidencies. (John W. O'Leary of Chicago is now President, TIME, May 24.) Membership now includes 1,458 Chambers of Commerce and other trade associations, which represent 15,000 firms and individuals. We now have a $3,000,000 building here in Washington. My salary is $20,000 yearly. Last September my board of directors decided to curtail my authority, to subordinate me to an Executive Council. I objected. Last week I resigned...
Copper Consortium. Under the Webb-Pomerene act, which permits U. S. industries to cooperate against foreign trade competition provided no harm to domestic commerce results, Copper Exporters Inc. has been formed, with Cornelius F. Kelley (Anaconda Copper Mining Co.) as president. A "New York committee," representing 18 U. S. companies, will regulate trade practices and prices abroad. It will cooperate with a "Brussels committee," representing 15 foreign concerns, to act similarly for world copper trade...