The Washington herald., 1921-05-18
NEEDED
TOEXTEND TRADE,
MIR. HOOVER SAYS
Commerce Secretary Out.
lines Situation to House
Committee.

Secretary OF Commerce Hoover
hopes to create q general stan OF
specialists" to work out, In COOP
GRAFTON with industries. policies and
methods by which America can
meet now forces in world trade.
Mr.. Hoover explained this in tes-
timony before the House Commit
tee on Appropriations, which has
just been made public. ....-s
The world Is faced with an en-
tire new era IN foreign trzde." !" said
Mr.. Hoover. Due to the economic
situation abroad. there is a grow
ing tendency to consolidate for mil
liant export purposes in practically
every country in Europe. This Is
developing in two directions.
New Class Of Cs.sine.
The consolidation of industrial
concerns by mergers Of capital, and
in. this direction the developments
are even more general than in the
United States before the antitrust
laws There is another type of
combination for export trade which
consists in the direct combination
of exporters for unity In the ex-
ploitation OF foreign markets.
IF We are to meet these COM
binstions, We must secure more COL
lective action on the part of our
Industries. ! have a feeling that
IL We are to hold our own, we
must at least be able to furnish
the special information upon which
our people can act and such in
formation must be secured under
expert direction"
Mr.. Hoover explained his. desire
to set UP in the Bureau Of Foreign
and Domestic Commerce twelve
small, divisions comprising experts
In the various. industrial. groups
machinery, cotton. wool. textiles, and
SO forth
Needed by Iadsstries.
These divisions" said Mr.. Hoo
Verr are to direct the foreign serv-
ice 80 as to secure the results
from the service that are needed
oy the industries themselves"
MI Hoover continued:
That proposal is part of the
Wnole sequence of proposals with
regard to the Bureau of Foreign
and Domestic Commerce in a prac-
tical reorga of the bureau
TO meet the present commerciar ,situ-
atlon and the. problems involved
In our foreign trade. 1t starts fun
damentally with this proposition,
that we maintain, through the bu-
reau and the Consular Service. a
great agency for recruiting foreign
commercial information and that we
lack one primary link in that chain
that would make this service of its
full value to commerce.
The link we need is to bring the
service into direct connection with
the industries of the country, A
little later in the text We are pro-
posing to set UP twelve small divi-
sions In the bureau, COMPRISING ex-
perts In different industrial groups,
machinery, cotton, wool and textiles.
chemicals and dyes, minerals and
Oils, certain foodstuffs, etc, with a
view to establishing eficient CO.
operation with those special indus
t1ai groups. These divisions are to
direct the foreign service so as to
secure the results from the service
mat are needed by 'the industries
themselves. On the other hand, they
are%to distribute this preparation
among those groups. From these
men We will furnish experts for
special Investigations into particu-
lar trade conditions abroad reauir-
ing special skin.
Service CSWmittees. -"
A.. I'VE have in view the setting up
OF service committees in some Of thu
dinerent. Industrial groups. These
committees will be purely voluntary,