The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1921-05-15

stay m
Tho real question IL; 10Y shall we
go about building up this foreign
trade
The Far Fast plays an important
part In the answer TO thisi
There are scores Of things that the
United States must get from foreign
lands And for them. We must pay
In gold or goods. preferably goods.
The most profitable foreign trade
is In manufactured goods. and that
u what the Far East needs most
WHERE France, England and Italy
have facilities for manufacturing.
the Far East. generally. has not.
Right now there Is an abundance
Of silk. tea and vegetable Oil that the
United states can always make use
OF in China. In return. China wants
machinery. cotton goods and kcro-
aCnc.
The main article Japan has. that
America nccdn. Is ailk-thr index
e. tine prosperity Of Japan. Aud. from
this country, Japan vents machinery
q raw cotton.
From the Philippines the 4. \. can
get agricultural products. and In re-
turn send finished products.
japan ana the Philippines stand
much higher IN buy ms power, per
capita than China. Yet China Offers
wonderful opportunities to America.
WV hNA NNNh INTO the lNfNits
Right now the country is held In
the background. IN "a trade way. be-
Caus' ~ the lack ~ transportation
facilities. But that problem is bound
20 work out. in the future. The coun-
try h. az work, at the present time.
with the cooperation Of foreign cap
ital ON d construction of railroads
A. results come. trade possibiuies
are certain to improve. America ran
find e market growing better an the
time. IN China.
shanghai h the commercial me-
lopulis. handling 80 per rent OF the
'Cuurv total Of foreign h~uainoss. For
the flrst time In the International his
tory 90 china, tho United Statcs led.
~ 1890 In foreign trade with that
Americans who have visited China
return with a. wonderful impression
Of the trad" possibilities They bala
their ideas ON the fact that tho pupu-
latiou OF china b. about 900. 600 600.
Imagine selling for instance, one pair
Of shoes Co each iuhuhitaut
Tint would give the impression
that eco 000. 600 chinese are Just
waiting FOR America TO step in with
goods. such is not the case, how
ever
However. it hut "a small percentage
Of the population continued 90 bu
nm Increasing amount Of American
goods. it would put hundreds OF mil.
lions ~ dollars in American pockcts
Right now there tH n bill. common,
" kuo1n as the china Act. before
the senate. which. u put into effect
would place Tho American business
man ON o. par with business men oI
Britain Japan. ~ other ror-ig
countries, iu trade dealings viii
china. II would do away with IN.
'uutc aud VNCou profits taxes on bust.
ness done hN Americans boz China.
Time viii come when the Far East
after machinery orders are filled
viii buy mostly the higher grade and
moro expensive articles from outside
The higher the grade the bigger th,
profit
Trade In the Far East Is open right
now And % b. going Co get hgttcl
UiEh1lfrnr when tho Chinese rail.
road fituntion is Strengthened out. q
boom In that section n bound to conn,
And with the general return tu norma.
conditions in an Far East countries
foreign trade rs on the general pick.
up.
The Chinese merchant feels yer,
friendly toward the American mcr,
chant lio stands ready 10 wolcom,
trade with America. hut b. "a shrcwc
buyer and viii look to the best anu
fhcapcst market
' The American merchant Will d,
SOL 10 set he strongly boz the swiug
OF trudC with the Far East.
ma 10 tH We'll Ia remember tina
the moro huslnpss-the more none,
the moro Jobs. That's why tad,
with all foreign countries closely con.
Germs every American.