New-York tribune., 1919-04-20
BUSINESS NEWS BUREAU
Tribune Building
i5l Nassau Street
Urges Holding Of
W orld Congress
On Trade Policies
NaiIonal oil, lsank lublipa.
iIon sa,s War Has Made
New Understandings Nee
cssaty Northumberland

Sow that the war is over what is
eolng to happen to tariff and CONNER
elal diplomacy? The question is asked
in the Apri issue of The Americas" :"
published hy the National City Bank
of Sew York
"lhe war has ahsoutoly dlsprgau-
lIsd international understandings over
nights sud privileges Of prlYato bust
naaa' u % said nAohad nut even
WaN ~ chs dlnmaip serlee, now
fela hUsrf ahlo IN glFa q positive
pplhen ot an# Important question IN
NeItHt tummtffmi dlpHmat
tdHte npIt spain ltuaa.o and
utterp. continue fhp Americas haze
tl1o7u o#ttIund lhft oId tumupitIal
'lDRlra In oui.l lu be nra 10 edop
rrN national poIrIrH HhIr luuAlpud
aIhar. to her old commercial couten
flonr sine hua adopted moastre which
'sNIci American good In matter
HfompulIhfr with prr var understand
InEa holc mcaelr's hre iu4uHtd by
mo RrtIah Foreign Omcc or lhe
sfuuU OF tcunemr self prc8crNRtlou.
rom t0I plI of Ihe @ofd and pa
irHIhl. flom EUtopean cuInltleH
Alf iIHH HHds oi 'eRorts of tFt' IN
''3HIhF r. frNuN1 on ellen tAspeHs
IGIg.fff0 NIIh ImAe
.........""#...
~ I'.Ir #.#ulaHtgl pf.Ipi.ul lr
rHHtlINi | If.HatI.gl Iaal .HHlH.l
IFi'nIH.'. tHuI wtlIH| \, tul
...HH"liv lHt NuA lrmw HHI
uW. .I.... D. aJum
#i. a.u.oan.. u..aa
Usl. lIamtsg. rnta apa uei OtiI6p
ul HV0 rIw. huI uta r0Iup ahua1
ILs ie."HsI'otIIoH oI ltaoIu. i
th, Wo7l ousllurtIpe ueusulp uItI
1Hld TO- tbleH ~ prnsehl Il slr
bfHpd NuuId ht the haIdiUg MI nm
INl'tH. lIQnpl taFlIWuehl rapleseulIup
rye legislative az eHtputIte hIHuthe4
aIl H4| inmehla At Whiub the Iun.
lpW HhlM polIfIe# ~ Tue legiHlRlIau ul
n4liog4 regarding tariffs could be- dis
'iHHvA
5eH oteIau ,iulhtls
utl q ,meruss, IN uppu agsalou
e4.7 The America "witli mot oul,
iha natipual lpN mAltlhg bodies lirpptlJ
presented, but with mon utesaul In
'hose boad ahd ptaetuaI knowledge
Hi the realities Uf commerce ihara
E'hetal confidence, would go far To con.
slrutt a general understanding of huV
naNuns may carry out vitle ueahomip
poi,cies ~ individual Legislation which
VIII lie along lines OF constructive nu-
Ional Helf-iutetest and still lit i'm with
general Dituatiuu of international
mutually There would be, in such an
open lntefhatunal conference. the 1past
possible danger Of an ATTEMPT to foist
upon the Individual nations some theo-
Itucal principle that IS inconsistent
with the majority Of individual ma
llonal policies. Such a conference,
without power to do anything further
than to discuss and recommend, would
probably go much further in helpinc
the world to practical cooperation in
national policies than the nations can
90 IN working out their commercial
treaties individually, without a general
understanding"
The concluding advice to American
business follows;
we are luat a a point Whe1e We
must hegin to create foreign markets
TINS can be done by the direct eXten-
sion OF american enterprises into for
eign heldai through organised utiliza-
ion eT eufplua production ot our ~
uAetflea thet manufacture machinery,
tlelhen' atfHtWial nteel, electrical an
pafalhA, cement etta this Hurpl9a pro.
4Aelleh Hone abroad frbruaen(u.
american capital lhVgpted lh good for
eiRh enterprises that VIII not only nay
ieturhH ON the capital but usa tho
american ptoduets Ia construction and
Grafton Ihuro is nothing about the
ilt5ont sItuntlon of international con
Nentiona of commerce that should dis
courage any enterprise OF this kind.
1t y all surely going to work out we'll
~ the end. But the sooner our busi-
tas lEtereats know the certainty the
lQtieTh ''' W.