Show MOTOR luNG Of THE WORlD ORLD 15 S fORECAST f Prominent Motor Man Urges Action to Restore Normal Conditions to Stimulate Foreign Domestic Trade Trad n nV r R. R E. E The records show there thore are aro I automobiles and trucks In use in tho the United States tatem In tho the next ten years cars j the number undoubtedly will License fees and taxes paid In the thc forty-eight forty states now approach annually Federal and states highway laws s a and d bond issues p provide for great expansions of or roads and highways CO costing h of I millions for somo some years to come Th The Tho United States Is motorized and tho the horse Is gone except In rural regions Transportation In the world war was motorized to a a. large larse extent by American Amerlean Amer mer merlean lean ican cars and trucks which mad made good and brought acknowledgment from all th the armies and Europ Europeans ns s generally of ot their equality to the b best bost st standards of ot European cars No longer long long- er cr is the American car referred te to to- sligh slightingly tin Sly In foreign countries Europeans Europeans Europeans Eu Eu- admit that in design quality and performance our cars are as goo good goodas l. l as their own and In support of ot their opinion they arc aro incorporating a. a number of or cars and trucks in use uso In inthe tho the United States Is about four times the total number in use ue In Europe and all oth other r foreign countries com corn J Third Longest Lon Tho The automobile Industry In the United States now ranking as tho the third lar largest est industry Is in an e ex extremely ex favorable position to export cars and rind trucks to all markets marets of the world and In fact It mu mut t depend on these markets to take its surplus production when normal conditions arc are resumed If It it Is to operate at maximum capacity which is no now estimated estimated esti mated at cars cars per annum Great aro are the thc possibilities of or the ex export ex cx- port markets because In time all civilized cJ countries will be motorized as we oe are American cars will predominate nate everywhere In this great evolution evolution tion of modern times Exports from Crom the thc United Sta States tes willbe will willbe willbo be bo controlled b by the ability of ot our foreign customers to pa pay upon our our terms and pa pay in dollar exchange For that reason great concern is felt fell by American manufacturers over o the tho premiums now commanded by the thc dollar dollar dollar dol dol- lar In most foreign markets Something Some thing thinS must be done by tho the government govern govern- mont meat commercial and financial Interests interests interests inter inter- ests of or the countr country to reduce these premiums and to restore normal rates of exchange as nearly as may be bo pos pos- sible It is a problem o of great com complexity complexity and has many bearings s but it will be solved satisfactorily s. and when It Is the American automobile industry industry indus indus- try will be one of ot the greatest beneficiaries bene bene- in tlc the stimulus to foreign trade that will wUl automatically ensue D Demand Growing It hardly seems necessary to say anything about the domestic demand for or automobiles au because It Is apparent apparent ent that such demand is continuous and incessant with a a. constant constan upward tendency as population increases and andi good roads aro arc opened The Tho normal norm replacement of oC worn-out worn cars is about one million cars per annum at the thai present time to which must be a added thc the demand from rom people who buy z anew rv a- new car every year ear or two and dispose of or their old ones Those These second han cars chrs are arc easily marketed n as a n. rule rulo and many of or them are arc exported |