The Birmingham age-herald., 1921-04-28
J. 5. CAN'T AFFORD
 ID ISOLATE SELF,
 SPEAKERS RSDECLARE
Point Out American Business Can't Find Market Abroad as Long as Unsettled
 Conditions Prevail
By Associated Press

] Atlantic City, N J., April z7-The 1 United States cannot afford to isolate it. self from the rest of the world, but must
 cooperate with other countries on
 ''non-political basis" to restore stable 1 business conditions, A. c. Bedford, chair
 man of the board of directors of the
 Standard Oil Company of New Jersey,
 and Willis II. Booth, vice president os 1 the Guaranty Trust company, New York;
 told the United States Chamber of Com merce In annual convention here tonight. 1 They pointed out that American busi-
 ness cannot find market abroad for it's surplus products as long as there are
 unsettled and abnormal conditions in the
 world.
 MT. Booth urged that the United States
 cooperate with the allies in an effort to
 settle the indemnity question with Ger many. He further suggested that pay ment of the allies indebtedness to .hs United States be postponed for a period parallelins the indemnity settlement. ! The future of American greatness ln
 foreign trade, said Mir Bedford "de-
 bends upon our ability to think and act | internationally
 MT. Booth, who recently returned from
 Europe, where he attended meeting of
 the board of directors of the international
 Chamber of Commerce. said the pro-
 gramme for putting American business
 on it's feet should be as follows:
 PROGRAMME NEEDED | "Co-operation, if practicable. on nom 1 political basis with the allies and Ger
 many in settling the indemnity. ! Postpone payment of allies indebted-
 ness to us for period parallelng the
 indemnity settlements. Further coasld- | eration of these indebtedness can be given when economic situation throughout the
 world is clarified.
 Carefully and constructively adjust
 international trade relations so that we may become as far as it is practicable a buying and selling nation. Educate our people to think interna- | tionally realizing our role. in it's nom political aspects in the hope that by such education we may develop experience and information which will be the basis of such national courage and judgment as will be necessary for the proper assump- ton of our international responsibilities Establish permanent national policy under which our flag. standing for the power which comes from fairness and right shall protect Americans and legiti- | mate American interests about the globe,
 GOODIES SUGGESTIONS Suggestions for raising the st. 900, ,000,.W required to run the United States govern- nent TOT the next ustdi year were induo by Representative James w Goodss chairman of the House appropriations committee. at the afternoon session. Our tariff duties should be increased" he said. and the excess profits tax and the tax on transportation should be re- pealed and the supertax on individuals modified The revenue derived from the excess profits tax is no longer necessary. The loss of revenue from the repeal of ira nsportation tax can be supplied with- out hardship by an additional tax upon luxures such as tohaccos. cigars and cigarettes 1t would be far better fq America. industrially and economically to fund her war debt over long periq of years and give American industry
 chance to win in the race for trad supremacy"