The Washington times. [volume] (Washington [D.C.]) 1902-1939, 1929-12-16

probably come somewhere be-
tween 200 and $50 million people.
Our scale Of living will hardly
permit more people than q
quarter of a billion within the
United States.
In the past 100 years the
worlds population has increased
to 1900, 600 900 mouths to be fed,
from 900, 900 900. In three cen
turtles more this rate OF increase
would give the world 14,400, 0O0.-
OO0 human mouths to BE- fed!
And economic geographers tell us
that the world is capable OF feed
ing only eight billion human
beings! Clearly, strain Is on the
way.
The United States. best coadi.
toned Of all the nations, now
enjoys greater economic ease
than has ever before been known
in the history of the world.
II we would hold our position
of advantage, the tendency,
henceforth, in the United states
must be toward efficiency, per-
sonal economy, stabilization o.
market outlets, improvement N
foreign relations, and away from
the needless waste OF natural re-
sources and neglect OF basic
economies lin fact, away from
the Joy ride of our national lie:
In the past, none Of you would
have permitted a leaky steam
pipe to waste your substance or
q mud hole In the approach 70
your factory to mire up your
trucks day after day. !,
In the future, the successfui
trader in the United States Will
not neglect the 1efinements OF
foreign trade economy. nor per-
nit his trade organizations nor
his government to do so.
Foreign Trade
Foreign trade, in ever growing
volume, Is now essential TO the
larger economic welfare OF the
United states. Hereafter, We
must think In terms Of the sea.
we must learn II know all the
peoples Of the world, their needs,
their habits Of thought, their
modes OF life. their likes and dis
likes.
our mills must produce 9 sur
plus Of the finished articles OF
commerce if we would keep our
labor and our capital employed.
They cannot do this unless there
be an ample overseas outlet.
other countries cannot buy from
us unless they can sell their own
products.
our objective, therefore, must
cover q comprehensive field. We
must help other countries help
themselves If we are to find
markts for our own surplus, and
hold our advantageous position
as world banker.
Our present day status Is new
to most of us. Many Of us must
begin our new education in the
very kindergarten of world at.
fairs, and learn even the simpleS
Of foreign relations.
From that training we must de-
velop a nationwide world COM
pick.
The farmer in the interior,
himself far removed from the
sea, must learn that his affairs,
his economy, the success Of his
daily. enterprises, are intimately
bound up with the trade Of the
sea.
The small manufacturer, wholly
engaged in supplying domestic
needs, must learn that should his
stronger competitor at home not
develop foreign markets, surplus
products that might be sold
abroad will be sold at home.
The qualifications of our status
in world affairs are almost with
out limit.
Personal as well as collective
economy at home viii play, a
larger and larger part in devel-
oping our ability to meet the
exacting requirements Of g the
period of super-competitioRJ in
world trade now ahead of u
Our skill In diplomacy Is a
nation. and, more important, our