Evening star., 1925-05-21

be dismayed when we analyze tho in.
formation put before us by our news
papers and magazines. 1t is so suner
hclal and Inaccurate that 1t is i'm
possible TO obtain sound conclusions
from 1t. Every member body of this
organization should select small
groups of prominent men to make
special studies of our international
policies with the view to basinc their
conclusion on facts"
The loopholes in Americas com.
mercial treaty policy were further ex-
plained by John WHY'S, president of
the Willy-Overland Co. of Toledo.
Calls for New Markets.
The world must be combed for new
markets, Mr.. WHY'S said.
World trade is constantly becom.
Ing matter of greater importance to
the domestic prosperity of the United
states. The mass production methods
which we have evolved in this coun-
try during the past quarter of a CEN
tury, have geared our manufacturing
plants to a new productive capacity
If we are to employ these facilities to
their fullest extent we cannot rest
ocntent with domestic markets. The
four corners of the globe must be
combed for new and growing markets
for the myriad products of American
genius and productive energy
we have the advantage of highly
specialized engineering ability which
has resulted in mass production meth
obs, which permit the manufacture of
finished commodities at tremendous
decreases In cost without sacrifice in
quality. The automobile industry. for
example, has brought down the costs
in the face of increases of about 100
per cent to workers and SO per cent
or more In the cost of raw materials
The unique position of the United
States in the financial world is another
asset Of undisputed value.
Holds Tariff Is Inadequate.
ut seems to be that there must be
q considerable number of specialized
American industries for which foreign
markets are extremely important
whose needs are not sufficiently met
by the present policy of obtaining
merely most-favored nation treaties
Our export trade is going to tend
more and more toward manufactured
specialties. Cases of so-calIed indirect
discrimination are likely to become
more and more frequent, and conse-
quently the inadequacy of our pres
ent tariff policy will become more and
more apparent.
Suppose that Rumania should ar
range its automobile tariff schedule in
such e. way that cars possessing GER
tain features peculiar to French or
Italian cars would be subject to a
lower rate Of duty than those posses
sing the characteristics of American
cars. No direct discrimination would be
involved, since the distinction would
be based on differences of construction
and not or origin. Such practices, al.
though many would regard them as
indirect discrimination, have not been
regarded as discriminatory practices
subject to retaliatory measures under
our present tariff act.
When we come to consider foreign
trade policies from government
standpoint we find that in many ca
our advantages are offset to a con-
siderable degree by the tariff policies
of the countries where we expect to
find d market"
Allays Fear of Competition.
american manufacturers need have
no fear OF the Germans and British,
their nearest competitors, in the Far
East, George E. Anderson, former
American consul general in China, told