Word: tradings
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Dates: during 1920-1929
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...those who say he practically represents the brains of the Administration, although he and the other junior member, the Secretary of Labor, sit at the foot of the Cabinet table. There is no question of the multiplicity of his problems, not only of industry (standardization, etc.) and of trade (establishing connections abroad, etc.), which fall within his own Department, but in other Departments as well. Presidents Harding and Coolidge both have leaned upon him in solving some of their most onerous problems. He is called upon in labor troubles (in coal mining, etc.), in the settlement of War Debts...
...across the ocean? Italy has no gold to speak of that she might send. Obviously the payment must be made in goods. But Italy has been importing more than she has exported. Last year her imports were about 50% greater than her exports, and considering only U. S.-Italian trade, Italian imports were nearly 300% greater than exports. Italy's principal exports to the U. S. have been citrus fruits, olive oil, wine, etc. Wine was struck off the list by prohibition. The citrus fruit export has been cut in half by the high tariff. What is more, remittances...
...China to be allowed to write her own tariff schedules after Jan. 1, 1929, and to agree in return to abolish the internal "likin" (transit duties) and other trade taxes; this arrangement to be embodied in a new treaty, supplanting the present customs treaties between China and the Powers; the actual collection of the customs money to remain in the hands of the Powers as at present...
However, this apparent return to trade normalcy does not tell the whole story. Some individual countries have greatly increased their exports between the two dates taken, while others have shown serious decreases in outbound goods...
According to the figures of the National Foreign Trade Council, the total volume of international trade is about what it was the year before the War. For the fiscal year ending June 30, 1913, total exports of the 15 leading nations amounted to $15,800,000,000, while for the fiscal year ending in 1925 they have aggregated $15,088,000,000-a decrease of only...