The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1918-12-16
ITALY PREPARING TO DEVELOP
FOREIGN COMMERCE AFTER THE
WAR, SAYS HER AMBASSADOR

That Italy Is Wide awake 10 the
possibilities OF foreign trade develop
ment following the signing OF the
peace treaty h shown In the address
of the Italian Ambassador. Count
Macchi de Collcrc. at a luncheon 81
the American Manufacturers Export
association ~ the CITY Of Washington
recently he said
III the part PLAY ed los the industrial
resources and Observation-Disclosures OF
trade In the tremendous conflict
which ~ soon to rome To- an end can
not be oNVrostimated. we all c~ertainly
viii agree that in the period Of re.
construction that In now opening be-
fore ms. they viii be dominating.
The role reserved Ia trade Ia the
era that will begin with the conciu-
sion of peace viii probably even sur
pass the expectations OF the most
optimistic as n ~ doubtful whether
we can nov realize the run Import
ancc OF the effect of the changes
brought about by the war. on the
economic activities OF nations IN the
near future
In this heht ! feel that diplomat,
who I'm tho past used to conCcrn them
selves chiefly with world power. from
now ON will have to busy themselves
with world commerce must SLY
that | look az tho change with great
favor. We all know what world
owe has meant. u constant aourCc
of rivalry. with the eve present
danger of serious conflicts. ~ cannot
be 80 IN the case Of world trade. n
properly Understood. 1n fact. VIVA is
The problem OF world trade " not one
of understanding
1T N a question OF getting rid pl
The old notion hat trade to be- profit
able must he onesldcd, and of agree
ing on what should have bscn evident
long ago. n a commerce consisting Or
exchange OF goods and services an
not he buit on . sane and permanent
foundation. unless N IN 90 the mutual
advantage OF all concerned.
Then there win ~ cause Tor inter
national cooperation. for harmony
and friendship among nations. which
are Indispensable for the stable and
regular development OF commerce.
on this point I would lot Ike TO be
misunderstood by all his | do not
exclude that the element Of compete
ton anon nations rs amonr indt-
Viduals or organizations. No. gentle
men, ! do not think competition IN the
eta hat II to follow will disa ppsar.
II Is not possible and | would add.
hat II w not advisable.
To my mind a free aud fair oni-
petition is essential To- a san" stTuc.
Illff NlfNfl NNflfNilf OF lnftftltIlbtAsi
trade. Competition when II follow =
its natural cOursc " most useful IA
~ much rs ~ conipols that progress,
that evolution IN methods OF produc-
O and distribution. which ~ the
very life of sound economic cdtficc.
Thus " properly understood compcti-
ton as IN The long M operates TO
the advantage OF all interested u
tries.
My conception Of international
trade will easily explain to YOU why
! am strongly Interested IN your ao-
INVITES. Why ] am Nvtb ANXIOUS 20
zoe u large pnrt OF such activities d.
rcrtcd towards tho Italian market
"Gcntlcmcn I know YOU wnn; mo
10 ton YOU what possibilities. IN "a
general line. the market OF ltaly VIII
offer nov that tho resumption OF
peaceful activities h. in siEhG
TO be frank | must SAY that In
my intercourse with many business
mon IN This country. which | am glad
to say has always been q source of
pleasure aud prufit so me-. | WIS not
q ltttle astonianed to lind out how lat
n. rs known In American commercial
circles Of tno progress made 10y lttlN
in an branches OF her economic he
In tho last thirty sears. n seems I
me that not much has been heard
here of the marvellous improvement
IN agricultural methods n OF the
splendid development and achieve
mcnts obtained m the industrial ticld
In Italy II trade can he considered
a good exponent OF tho progress of
the economic activities of n country,
let me give YOU a few figures
our foreign trade, which In tho
year 1896 reached hut the value of
four hundred and forty-thrcc million