Show EXPORTS GREATER THAN BEFORE THE WAR the national republic takes issue with the statement of congressman cordell hull to the effect that we cannot collect what eusope owes us because of our protective and points out that european imposts aie greater now than before the world war in commenting on the former democratic national ch airmans statement the national republic says representative cordell hull has issued a statement declaring declai ing that the reason we are unable to collect in full the debts owing the united states by european nations is that our tariff law does not accord the t producer a 4 larger share of the alie Anie lican market this thi s seems a rather farfetched theory especially in view of the fact that european imports to the united states are baiger today todal than they were beffie the world war when a lower tariff which tati ve hull had much to do with framing was in effect the new boik world in supporting this position of re representative hull complains that in in the last fiscal year before the world war italy exported to the united states worth of merchandise and bought from us 74 worth whereas luring during the last fiscal year italian imports to the united states were almost while bile american exports to italy were these figures seem to prove neither a decline of american Amei ican custom for italian goods which has increased more than forty per cent over prewar pre war figures nor a lack of italian purchasing power since in the american market this tin s has increased per cent if under the existing tariff law italy is able to more than double her purchases in the united states there does docs not seem to be much left of the argument that the same law has desti destroyed oyed italis ability to meet debt payments As for the favorable balance of trade in our foreign dealings this will frighten only those who believe that a calamity has befallen the united states when our international transactions make a showing on the profit side of the ledger to offset the vast amount americans spend in european travel for freight and passenger charges b by y european shipping and in immigrants rem remittances it to europe |