Reconstructing America: Our Next Big Job, the Latest Word on the Vital Subjects of the Hour. the Views on Reconstruction and Readjustment of the Country's Greatest Thinkers and Constructive and Industial Geniuses, Including Pres. Woodrow Wilson, Hon. Wm
Reconstructing America: Our Next Big Job, the Latest Word on the Vital Subjects of the Hour. the Views on Reconstruction and Readjustment of the Country's Greatest Thinkers and Constructive and Industial Geniuses, Including Pres. Woodrow Wilson, Hon. Wm
This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1919 edition. Excerpt: ... CHAPTER DC BUSINESS AND FOREIGN TRADE AFTER THE WAR I The Foreign Trade Outlook By JAMES A FARRELL Chairman National Foreign Trade Council President United States Steel Corporation The remark has become commonplace that one of the most notable results of the Great War was to stimulate the interest of ...
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This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1919 edition. Excerpt: ... CHAPTER DC BUSINESS AND FOREIGN TRADE AFTER THE WAR I The Foreign Trade Outlook By JAMES A FARRELL Chairman National Foreign Trade Council President United States Steel Corporation The remark has become commonplace that one of the most notable results of the Great War was to stimulate the interest of American manufacturers and merchants in foreign trade. But to understand the bearing of such a statement on present conditions, it is necessary that it should be placed in its proper setting. Before the war a concerted movement was already well under way to lend a new vitality to American competition in the markets of the world. The immediate prompting for that movement was the effort to discover a means of relief for the depression which then existed in most of our staple industries. It was a time when the activity of American manufacturing production was sensibly retarded; there was a large and steadily growing mass of unemployment, beside a very extensive stoppage of machinery. A steady increase of foreign trade, which had begun in 1908, had been arrested. Exports in 1914 had fallen below the level of 1913, while imports had increased. When the first National Foreign Trade Convention met, in May, 1914, the keynote of the proceedings was the relief of adverse domestic conditions by the opening of new markets abroad for the products of American workshops. This was the purpose for which the National Foreign Trade Council had been founded, and on whose pursuit all its efforts were concentrated. Circumstances then unforeseen promptly changed the whole aspect of our foreign commerce. The war restored prosperity to the United States. Abnormal demands and prices for munitions, foodstuffs, and raw materials accelerated the pace of industry and...
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