Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1919-05-02

ucts as soon as peace is signed. These con
missions will study and investigate trade col
ditions and report their findings to the dl
partment. Future plans OF the departme1
for trade expansion will be based upon II
recommendations and suggestions of the|
commissions.
To continue this, work, not only in EuroH
but all over the world, the department hi
been allowed an appropriation of MILD
dollars for the coming year. This amour
will provide enough money for doubling II
present force of investigators and the sendi1
of commissions to South America, AustraI
and the Orient.
In addition to these special commission
the department has commercial attaches
a number of the principal capitals OF II
world, who supply first-hand information
trade conditions in their respective area
The department disseminates this informI
ton to exporters and manufacturers throud
it's daily reports, publications and interview
The regular use by business houses OF tH
service is urged by department officials.
One of our chief handcaps in foreign tra|
before the war was the lack of prope1
trained commercial agents. There has bed
lot Of talk in the past about urging OF
leading educational institutions to introdu|
into the school curriculum courses for tt
training of young men in foreign trade met
DDS, but very little was done in that directid
Now the federal board of vocational edud
ton has arranged to have foreign tra|
courses introduced into some Of the leadi1
universities and colleges throughout the cou|
try. This governmental agency has actual
gone ahead and published modern and pra|
tical text books on foreign trade subject
such as export methods and documenta|
technique. These are being turned out by II
printer in time for spring and SUNNI
classes.
A foreign trade course has already bed
adopted by the City College New York, II
New York university and Georgetown univd
sity, Washington, d. G. Georgetown univd
sity started with class of sixty young meI
having turned away twice that number. Mol
than two hundred have made application Il
admission to the next class. Other schod
planning courses in cooperation with the d
partment are the University of Orego|
Tulane university, New Orleans. and tt
University of California.
In this respect the United States is meeti1
the efforts of it's two chief competitors in II
trade world, England and Germany. Each
these two countries has for many years bed
educating young men for foreign trad
Especially is this true Of Germany, whoI
trained commercial agents were in every nod
and corner of the globe prior to the outbred
of the war.
The two other things that retarded Amer
cans in foreign markets before the war wei
the lack of credit facilities in foreign cou|
tries and the inadequacy Of our mercha1
marine. Now the large banking institution
of the country are rapidly establishing brand
banks in South America the Far East an
Europe. There is hardly an important Gil
in South America where there is not brand
of some American banking institution. TT
National City Bank of New York is leadi
in the movement. These branch banks full
nish the necessary financial facilities Wild
formerly had to be arranged through foreia
banks, and they also furnish credit rating
on business men in their respective COMM
nj