The times-news. [volume] (Hendersonville, N.C.) 1927-current, 1936-05-02
PLAN FOREIGN
TRADE WEEK
Will Be Staged In May 10
Work For World
Z Commerce
BY HARRY w. FRANTZ
limited Press Staff Correspondent

WASHINGTON, May 2. (uP).
Three hundred chambers of COM
MERGE and other trade bodies will
observe National Foreign Trade
Week" from May II to May % IN
a campaign for world commerce
that incidentally NAV have broad
political significance. 1t is the
second "week" of the kind, organ
lied by the United States Cham
her of Commerce and its member
organizations.
Determination of the country S
commercial organization to foster
international trade is considered a
practical refutation of sentiment
for national economic Isolation
or self sustenance, which has
gained some strength since the be-
ginning of world depression. Ten
million persons affected by manu-
facture, shipping. advertising and
other phases of foreign trade
gradually are making their inttu-
ence felt. -,
The foreign trade week Will
comprise National Maritime Day
on Nav %, and at least one day
programs will be devoted especial
" TO Latin American commerce.
Participation of railways whose
lines benefit by international
trade is another feature.
COMMERCE BUREAU TO AID
The bureau of foreign and do
nestle commerce will cooperate
with private trade bodies through
voluminous publicity, assistance
in 500 trade radio programs, ana
local aid through the 10 district
and cooperative offices. The tof-
eign trade week is the first ma
tional event of its kind since DR.:
Alexander Dye. formerly United
States commercial attache OF
Buenos Aires, became director OF
the bureau of foreign and domes-
tic commerce, and his collabora-
tion has been widely sought.
The object of National For
eipn Trade Week." as announced
by the United States Chamber OF
Commerce is "to direct attention
to and promote consideration of
the Importance of foreign trade.
This includes emphasis upon the
value of markets abroad for pro-
auctions of American factories,
farms, mines and forests; study
of the dependence Of American
industries and population upon
many foreign countries for raw
materials, foodstuffs and other es-
sential imports; consideration OF
the essential character OF the
American merchant marine to
world trade and national defense;
discussion of important phases OF
international commercial policy,
tariff policy as related to the
welfare of the United States, and
widespread effort to interest more
American producers in the possl-
bilities for marketing their indi-
vdual products in foreign eoun-
tries"
RAW MATERIALS STRESSED
From the standpoint of foreign
countries, the most significant
phase in the objective described
would be the "study of the de-
pendence of American industries
and populations upon many for
eign countries for raw materials,
foodstuffs, and other essential inn
ports"
This study would imply a rec
IGNITION of the certain but not
entirely appreciated fact that the
United States is dependent upon
foreign countries for an absolute
minimum of imports valued at
$4,000, 100000, such as rubber,
tin, vegetable oils and certain
starches, used as raw materials in
American industries, in addition
to foodstuffs not produced here,
such as coffee and cocoa.
Foreign trade week will open
with the assurance that the Unit
ed States international commerce
has improved each year since
1882, although still far below the
1929 peak.
American merchandise exports
in. Successiv eyears were: 1882,
s1,611, 100000: 1888. $1,675,-
100000 1894, $2,13S, 100000;
1885, S2,282, 100000 Imports in
the corresponding years were:
1882, 81, 1928, 100000; 1888. ST.
450,000,000;. 1884, S1,655, OO0,-
900; 1885, S2,O47,000,O00