Evening star. [volume] (Washington, D.C.) 1854-1972, 1938-11-24
BY ANDRUE BERDING,
Associated Press Stan Writer.


Associated Press Stan Writer.
II the flag follows trade, as the
history books say, then the shadow
Of the Nazi sWastika will stretch
longer in 1899 from Mexico to Pata-
gonia than it ever has in the past.
This is the belief of American
experts as Secretary of State Hull
and the American delegation pre-
pare to leave Friday for the PAN
American Conference at Lima, Peru.
Secretary Hull will endeavor to
keep the Latin American nations
on the broad paths of liberal trade.
He will counsel them against Ger
many'S economic system of barter
and artificial marks.
The United States has at stake
total trade with Latin America, both
import and export, of about 81 ,OO0,-
100000, and she doesn't intend to
lose it.
Nazis Have Made Strides.
Yet experts here realize Germany
has made enormous strides in gain
Ing markets in Latin America, and
they concede she will make a few
more this coming year.
The acquisition of Austria and the
Sudetenland of Czechoslovakia have
added 100000 people to Germany's
population and have given her the
majority of Czech export industries.
Thus Hitler is materially strength
ened both for export and for alb
sorbing imports.
In 1887 the United States share
In Latin America totaled more than
that of Germany, Great Britain,
Italy and Japan combined, but Ger
many was rapidly climbing second.
The United States share was 34.4
per cent, Germany's AL per cent,
but experts estimate Germany will
gain few points this year and a
few more next year.
New Trade Accord to Help.
German gains will be aideo, too,
by the drop in United States eX-
ports to Mexico because of the con-
troversy over appropriated Amerl-
can oil properties. This dispute is
forcing Mexico to seek barter ar
engagements with Germany and
Italy. giving them oil in exchange
for their manufactured products.
Secretary Hull, however, will 20
TO Lima strengthened economically
by his new trade agreements with
Great Britain and Canada, embrace
Ing hundreds of tariff concessions.
The one with Great Britain brought
Into the trade agreement fold ad-
ditional territory in Latin America
through inclusion of British Hon
duras, British Guiana and the
British West Indies.
This will give Mr.. Hull new argu-
ments to present to the Latin Amer
lean nations which have not yet
signed up, particularly Argentina
and Chile.
Brazil May Help U. S.
Experts here are also hopeful that
the improved sea communications
with South America inaugurated by
the Maritime Commission will assist
United States trade with its south
ern neighbors.
They also hope that the Latin
American nations which are trying
out barter and artificial currency
arrangements with Germany may
be less enthusiastic after studying
the difficulties between Brazil and
Germany this year.
They follow the reasoning of DR..
Alexander v. Dye, director of the
Bureau of Foreign and Domestic
Commerce, that the United States
will continue to enjoy a pre-
ponderance of the trade with Latin
America - because the inter-
change of products between this
country and Latin America follows
the natural course of trade.
while artificial stimulation may
Tor limited period divert the nat
ural course of trade to other coun-
tries, such artificial diversion will
be found in the long run to be
profitable neither for taxpayers nor
tor consumer%and hence unten-