Evening star., 1928-11-18
BY CORINNE FRAZIER.

DJUSTMENT of internationa
" business problems through the
IL League of Nations was cited Dl
4 A Huston Thompson, former Fed
eral trade commissioner, as the
natural forerunner OF international
peace and higher standards OF living
the world over in his address before the
members of the Woman's National
Democratic Club at their Armistice day
dinner on Monday evening.
Can America, which would be more
benefited than any other nation by
the increased prosperity of the con-
Stunning public, remain on the side-llnes
honestly or wisely while other nations
are finding the means for such an ad-
iustrnent?" asked Mr.. Thompson, de-
claring that he was going to present the
case purely from the standpoint OF
dollars and cents, setting aside its more
idealiStic aspects which have so long
been emphasized,
"The business world has begun to
think internationally and Is increasing
daily in this wisdom, although the
public is not yet aware of it, continued
Mr.. Thompson. "Broad-viSioned men Of
commerce realize that upon the success
OF each unit or field depends the eco
nomic prosperity of the whole. Two
graphic examples will illustrate my
point Some years ago bank in the
Midwest failed No one noticed other
banks coming to the rescue. Today. #
that same bank were threatened with
failure, all banking interests, bound to-
gether in strong association, would be
back of the weak link, helping 1t to
regain its financial feet. And this ISM
idealiSm. It's practical, common sense,
Carrying the idea into international
business-the copper industry. once a
group Of warning individual concerns,
is now a world organization with one
price fixed universally on the market.
Each morning representatives of the
copper interests meet in New York and
in Brussels to set uniform price that
will be quoted the world over for that
day.
This system exists in other indus
tries as well, and is growing every day.
W rid business and the worlds diplo-
matte relations are inSeparably linked.
The League of Nations, recognizing t. )
fact is concerning itself more and more
with he economic problems of the
member nations.
In what way does this affect Amer
ioc? Bluntly, it cor rms her pocket
book. Being greater producer than
con- inner, America is, or should be,
of the world than any one else. Sta
tistics show that durin the past decade
our production has increased out of
proportion to that of the rest of the
world What are we doing today to
help the consumers of the world so
that they can buy our goods? ~~ac-
tically nothing.
The League of Nations is not merely
an arbitrary body for military and naval
disputes, but an economic adjuster of
the first importance Health. labor,
grain, stock. farm problems-all come
within its scope. How can we ever
really solve the farm problem without
world figures on farm products? &C.
neva stands ready to give thes2 figures
to the world.
Can America afford to withhold her
support of anything which so greatly
Affects her economic life? Is it lair
for her to stand aside, waiting to reap
the ultimate benefits without putting
shoulder to the wheel to throw her
strength into 49, great force that is
gradually revolving it toward the goal
of international cooperation?
1T is true that last ar the United
States went in by the front door to sit
in seven sessions Of the League and