The daily monitor leader., 1942-05-21


secs doesn't live here any more.
Foreign trade in its usual
meaning is knocked OUT for
and by the war and no one
knows when she will come to.
So why celebrate?
But there is life in the old
girl yet and while there's life
there's hope, and its the fu-
ture, postwar potentioIity thot
makes this years observance
of Foreign Trode Week more
than q mere weeping OF the
bier.
World trode analysts in the
u. S. Bureau Of Foreign and
Domestic Commerce who have
watched foreign trade rise and
fall ever since before the lost
war see in the present world
situation, lousy and messed up
os it is, the mokines Of some
reol business. And they ore re-
oIists enough to believe thot
they ore not just whistIing in
the dark to keep their jobs.
Foundation Of the whole
thing is the foct that trode
agreements under Secretary Of
Stote CordeII HulFs proerom
ore still being made with those
nations with which the y. 5.
still maintains diplomatic re-
Iotions. This Iong-ronge u. 5.
policy, which is Hull's pet ideo
for solving the worlds COM
mercioI wars by permitting the
free flow Of international
trade, is oIso set forth in prin-
cpIe in the Atlantic Charter
Of war aims ondit is therefore
the declared basis on which
business between nations will
be re- established after the war.
ECONOMIC CHANGES
But aside from this matter
Of principle q number Of eco
nomic changes are to k n g
place during this war and they
all point to expanding markets
for good merchandising, which
is the making Of bargains thot
ore good for the buyer os we'll
os the seller. Among them,
these:
Nations tn 1T we're once
large y colonies, producing
raw materials, have been fore
ed into increased industrio|izo-
ton. Australia, India, even
China, have had to stort man.
ufocturing some Of their own
war supplies. AS these indus
tries grow, in q postwar period
they will be capable Of obsorb-
ing q larger port Of their 10
Dor force. They will shift from
war to the production Of con-
sumner goods for their own peo-
pie, and this expanding busi-
ness at home will become on
increasingly large market for
American machinery. Any in
crease in the standard Of liv-
ing Of these countries which
before the war we're largely
agricultural means an increos-
ed market for American goods.
PLENTY OF DEALS
Furthermore, in oil these
countries, and particularly in
Latin America, q huge post
wor purchasing power is being
built up through credits od-
vonced for their own internal
development and through u.
S. buying Of strategic moteri-
ols. Thot money cont be spent
now, because Of shipping short
oees. 1t will be Ioosed for buy
ing Americon-mode goods the
minute the war is over. What
l. points TO, whot it should be
directed toward, is the main
tenonce Of full employment in
the u. s. otter the war, TO pro-
duce goods for this big world
demand.
The shipping will be there,
too, TO haul the goods. The
huge increase in American
merchont marine to haul war
supplies will leave this coun-
thy with the ereotest coreo
fleet in the world. The United
Stotes will be needing huge
quantities Of row moteriols
like rubber ond tin and flbers
not produced in this country.
All the elements are there for
plenty Of deols.
Woshineton's population is
now near the 100000 marx,
on up Of $4,000 or 20 per
cent over the lo4O census.
But the number Of sugar
ration books issued wos only
about $4,000 indicating o