what do you know my name was it all about him the guy that's supposed to get this discussion rolling a big subject to the usa and world trade now where shall we begin  oil that's a pretty good start already writing afraid along with that stuff may not be the most comfortable way to see the country but we'll probably learn far more than by taking a streamliner that's not swing a board that was certainly quite a trip must be that a lot of this stuff is going overseas now what about this foreign trade i've heard a lot of people asking does it do us any good or is it just charity to the rest of the someone else about foreign trade maybe we could speak to some of the people abroad or build that stuff on the bla perhaps or someone right here on this train who could help us say seems interested so xcuse me so i'll let foreign stop doing it those united nations people moving in you don't approve of the united nations sir too many for me we've got them business getting mixed up  america we have obligations i'm not going to be the fall guy on this deal just a matter of looks like we've got to find out where we are some of our friends abroad think we should send them all the machinery they need but our people at home are afraid that the goods made on those machines are going to compete with our own products i think we've heard most of these arguments before it's high time we called in someone to give us the facts this is dr winfield  economist with a lot of practical experience in foreign affairs i think you could help straighten us out on this dr you're right all it did happen before unfortunately as a matter of fact it's all been well documented shall we take a look at the are the figures for one hundred twenty in that year and we have something a little more exciting this is a movie you know i certainly have a film i hear that ought to make things much clearer for ten years after the first world war as today there was a great demand for our products all over the world this scramble for world markets resulted in some pretty short sighted thinking for instance some people read that all we had to do was to get our products under ships bound for foreign parts and prosperity was guaranteed they forgot that a lot of this business were done on credit we wanted our pay and hours and the only way the other fellow could get dollars was to sell us something or to send us gold from our point of view everything was rosy but from the other fellow's point of view things looked entirely different fact we ended up with two thirds of the world's monetary supply dig this out of a home the ground in africa and now we're putting it back in a hole in kentucky i don't get it just yet nobody really got it only the countries that had girls could buy freely from the others had to take their goods elsewhere foreign trade dried up and this extension waited for worldwide depression no don't blame our depression lack of form trade everybody know that our foreign trade is always amounted to less than ten percent of our total but if you're us my friend i'm sure you'll back me up no j b i'm afraid you're wrong the crippling of foreign trade was not the only factor in the depression but it was an important one as for that ten percent that's an overall freaking in many industries ours for example the figure has run much higher and that extra production four x four is a very vital factor not only means more jobs in plants like cars but it also means well we ship a lot of machinery to south america let's see what people down there think about it you know this worries me pretty soon your people are going to have so many factors of their own that they won't be buying from us and all the ships bringing in manufacturing equipment will be making half  refrigerator just as much as you see the dollars do right in the future want you make everything you need we can never compete with you mass production industry the more with should we send good american stuff out of the country without getting something useful in return anything useful i have been trying to explain that was the quickest trip to cleveland i ever made i hope you mind intrusion but are you expecting a shipment from switzerland you mean it's here where i went to take it easy old man we only saw it on a flight car eight hundred miles away what's the deal why did you have to get it from switzerland don't we make every kind of machine right here in cleveland i'm afraid not nor even in the united states not many people realize  find made in america rather than the ones this size come from abroad you look surprised wow but your ten year old son had left a lot more stuff we need than you could at his age both raw materials and finished articles invented since he when i went to school  on to settle accounts with our friend in the dining car remove that coffee is from brazil and the gentleman doesn't approve of foreign products and that cigar sir it was made another ana surely you aren't going to smoke that what's this a silk necktie away with are you aware that the works in that handsome watch on your wrist came from switzerland and your suit sir i understand your embarrassment but you certainly did a job on him but you know they come into it as something that bothers me i know other folks need stuff and i suppose we need some of this what i don't understand is what i'm going to do on the fellow no i sure don't want anyone to suffer but how can i compete with someone who gets only half the wages that i get is that fair something fishy about this low wage argument somewhere our wages here in the north are way over what you why that's pretty good just about like those guys making army you know in england same assembly line jobs paid about half what we get but their cars cost twice as much don't go not to know where that leaves me well let's let some sunlight in and our friends problem and while we're about it let's get some fresh air for ourselves you remember those well those tariffs that some people both on farms and factories would like to keep along here back to the industries are not the ones that contribute most to our american standard of all this protection perhaps you could explain that we're paying out billions of dollars extra year goods which could be produced more efficiently and keep playing abroad those are the things we should make up our minds to impart and concentrate our own efforts on agricultural and industrial products that we can turn out more efficiently than anyone else there's a whale of a lot better pay and a better chance for your kids in an industry that's on its own feet and is that's one thing our government can do before thinking is just as necessary on an international scale today fortunately in the united nations we've got a fighting chance to bring order and common sense into our trade relations with other countries of destructive trade practices and of the expansion of world trade you know these delegates represent more than fifty different nations we've come a pretty long way from the time when countries altered their tariffs and trade without any regard whatever for the well being of their neighbors in fact it seems to me the peace and welfare of our world today are going to depend very largely upon the measure of their success that must be  hey i'm about to get a signal for a career track on the were a couple of things i want to say to you before i go you know we just can't dump all of our problem out of our lap on then forget about them it seems to me that if full load coming and going doesn't that make sense