The Washington times., 1925-10-30
3OPERCENT
GAIN IN z
YEARS
Britain and Germany Lose In
Same Period, As France
Gains Slightly
By ROBERT S. THORNBURGR

By ROBERT S. THORNBURGH
Americas sensational CONNER
cial conquest of the world-to be
climaxed in 1925 with a foreign
trade close to $4,000, GOO. OOO-was
described today by Doctor Julius
Klein, foreign commerce director
for the Government, as 1.-THE
worlds greatest business achieve
ment."
In the reconstruction period,
while Europe has been torn by
international quarrels and wars,
industries CT the United States
have gone steadily ahead until
today they occupy q commanding
position in every important mar
ket.
Klein put in a few words facts
which disclose the commercial
escendancy of this country since
1918:
Gains 80 Per Cent
Foreign commerce of the United
States increased between 1913 and
1925 about 80 per cent. That Of
France increased per cent. Mean
while, the trade of Britain stands
! per cent under the 1913 totals.
while Germany is q per cent be-
low her 1913 commerce"
In spite of Americas greater ad-
vance Klein referred to the recov-
cry OF Europe and revived buying
power for our leading customer
rs the outstanding factor in inter-
national business today.
"Europe's purchases from us this
year probably will approach the
formidable figure of $1,000. 900, 900,
comprising not only the staple raw
materials-wheat, cotton, copper
and oil-but rapidly increasing
proportion Of fabricated wares"
Klein said.
Even a casual survey Of the Eu-
ropean business situation brings
out the fact that the groundwork
commercial good will and pros
perity."
Many Commerce PactS
The international aspect OF trade
- marked by the negotiation of
100 commercial treaties since the
war, the majority of them based
upon the most favored nation as
surance, bespeaking, as Klein said,
IAN increasing will to accommodate
one nations measures Of trade
control to another's needs"
Klein showed that there has. been
. notable diminution in the number
OF so-caIled gambling traders, Z"
who sprang up on every hand in
Europe during the boom period
after the war, thriving on the Gin
3lations and hectic uncertainties Of
that era"
He added:
This swarm of undesirables is
Of conditions which brought them
into being. and in their stead, has
arisen a new class of substantial
business elements basing their
trade practices upon the best ira
ditions of old European standards.
The new trade situation is
erected upon the newly recognized,
improved technique of Industrial
and commercial methods of this
country. There is hardly an Aneri-
can industry which is not now
being visited by scores of young
observers from the leading Euro
pean countries.
Some Trade Restrictions
I'VE may fully expect to see a.
readaptation of many of the best
American trade and production
usages in corresponding industries
across the Atlantic"
Klein referred to the continuance
Of restrictive measures of some
foreign countries upon trade in raw
materials as lone unfortunate ex-
ception to the progressive NOV =
ment of business"
The Department of Commerce
started an investigation on thesa
restrictions which comprise foreign
monopolies in rubber, coffee, sisai,
tin, tanning extracts, quinine and
nitrates. The probe has brought
out that the most effective answer
to those artificial trade controls is
development of competitive, sources.
Participation of foreign govern
ments in certain forms of industry
was mentioned as giving American
trade some difficulty. Klein refer.
red to a 10000, 900 pound grant to
the coal industry in England and
participation of the Jap govern.
ment in many phases of trade. He
expects these abnormalities 10 dis