The Washington herald., 1921-04-17
GOVERNMENT ADVOCATES q
FOREIGN TRADEKNOWLEDGE
DR.. Swiggett of Education Division Issue.
Statement and Suggests Book Course.

Economic conditions determine
international relationships to a
larger degree than ever before. A
knowledge of local. regional, ma
tional and international economic
resources, broadly defined to IN
clude labor, transportation, and cap
ital as well as natural resources,
Is becoming increasingly necessary
whether one Is directly engaged in
any line of business or not With
out 1t Intelligent merchandising Is
impossible. The margin of profit in
both domestic and foreign trade
may safely be assured with II. For
this reason a course in reading on
foreign trade will include a liberal
amount of commercial geography,
economic and industrial history,
and international trade.
The technique of foreign trade,
skill in the actual transaction in
volved in merchandising, shippfns
and financing, should be strength
ened by an understanding of the
principles of commerce, Of trans
portation and banking; of motives
that determine human conduct and
social relationships: of govern
mental regulations and policies.
Books on practical exporting, there
fore. should be supplemented with
reading in economics, money and
banking, transportation, CONNER
cial and international law. etc"
The above statement and follow
ing bibliography of twenty nine
titles was prepared by Glen Levin
Swiggett, chairman Of the Commit
tee of Fifteen on Educational
Preparation for, Foreign Service for
use as reading course No. II issued
by the Home Education Division of
the Bureau of Education. In the
use Of the photography DR.. Swig-
gett makes the following sugges,
tions:
Section A-That all persons whose
previous school training did not
extend beyond high school read in
sequence numbers 1, 2. 8, 6, z, 8,
Is. "A. Is, Is. 20. 81. %, "a and rs.
Section B-That those with pre-
vious college training read in Sc
quence numbers 4, 9, II, IL, Is, IL.
l9, %. %. "a, 25 and 20.
Section C-And that those with
previous college training who may
be interested in some aspect of
foreign service of the government
read in sequence 2. 4. S, 6. 9, 10, IL,
IL, IA, IS. 10. %. %, "a, Is and 20.
All persons engaged in reading
any one Of the three sections A. B
and c should secure or have use of
copy OF the following numbers,
which are publications of the Fed
eral government: Nos. II, 26, 27
and 2S.
1. History of Commerce. Bv c1;ve
Day. Longmans Green & Co, New
York. 1914. 62S pages.
2. Industrial and Commerc;a1
Geography. By ]. Russell Smith
Holt & Co., New York, 1913. s14
pages.
3. Economic History of rJnited
States. By E. l.. Bogart. Lonemans
Green & Co., New York. 1916. 5s7
pages.
4. History of Domestic and For
elSn commerce of the United States.
by Emory johnson and others. Car
negie Institution. Washington, 1915
2 volumes.
5. The Trade of the World. By ].
d. Whelply. The Century Co. New
hOIh' 4S1O. $50 pages.
8. American Foreign Trade. By
Charles NJ. Pepper. The Century
Co. New York. 1919. 321 pages.
Z. Elements of Economies. By c.
j. Bullock. Silver Burdette & Co.
New York. 1913. S7s pages.
8. Money and Banking illustrated
by American History BY Horace
White. CHM & Co., Boston. 1914.
541 pages.
9. International Law. By G. G.
Wilson and G. F. Tucker. Silver
Burdette & Co. Boston, 1917, sos
pages.
10. American Diplomacy. By c.
r. Fish. Holt & Co. New York.
1915. SAL pages.
II. Principles of Commerce. By
H. G. Brown. Macmillan & Co. New
York. 1916. 207 pages.
IL. International Commercial Poll
cies With Special Reference to the
United States. By G. NJ. Fisk. The
Macmillan Co. New York. 1907.
13. The A. B. C. of Foreign Trade.
By Frank Henius. The Bobbs-
Merrill Co. Indianapolis. 1920. 26s
pages.
Il. The Foreign Trade of the
United States. Its Character, Or
ganization and Methods. By L. c.
Ford and Thomas F. Ford. Chas
Scribners' Sons. New Yorks 1920.
300 pages.
Is. Practical Exporting. By B.
Olney Hough- American Exporter.
New York. Fifth edition. 1920. 529
pages.
16. Ocean Traffic and Trade. BY
B. Olney Hough. La Sale Extension
University. Chicago. 1914. 1872 pages.
II. Paper Work in Export Trade.
Document Technique) by G. E.
Snider and others. Miscellaneous
Series No. IS Bureau of Foreign
and Domestic Commerce. Depart