Word: tradings
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Dates: during 1920-1929
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...communication printed in yesterday's CRIMSON, Mr. Cutcheon emphasized the great danger in which we should be involved by a financial collapse in Europe. There is no doubt, that should Germany go bankrupt, Europe and China, as well as the United States would be materially affected; our commerce and trade would suffer, and many business firms in our big cities would be ruined...
...China. The result will be to force them back into agrarian pursuits. It may happen, however, that so large a part of the world will go into bankruptcy that they will demonetize gold and leave us holding the world's supply of a practically valueless commodity. They will trade with each other and we will be barred out because we refuse to recognize their paper money. In that case there will be a big slump in manufacturing lines and men out of work will be forced back to the farms...
...pioneer. The people of the United States are not seeking land for settlement, nor are they seeking an increase in population through the channel of immigration. America is today approaching the same economic stage which England reached in 1840, when her manufactures surpassed her agricultural interests. Foreign trade will increasingly become the great interest of America...
Take a look at the figures on imports and exports for the calendar year 1921. Leaving out the trade on the Great Lakes and the oil carrying, our exports for that period totalled $3,806,955,000 and our imports $2,186,365,000. Figure our freight charges at 8 per cent of the total value of exports and imports and we find that $478,000,000 was paid out to those who carried this commerce. Who got this money? We find that the ships of various nations received freight money as follows: United States $171,000,000 Great Britain...
...clock--"Free Trade and Protection" by Professor F. W. Taussig, New Lecture Hall. (Economics...