Salt Lake Herald-Republican | 1920-05-15 | Page 12 | Value of Foreign Trade is Urged

VALUE OF FOREIGN F I r TRADE IS URGED S Speakers 1 cal at Commerce Convention Con Con- ven ion Advocate More l Comprehensive Treat Treaty San Francisco May ra The Tho 14 Tho United States must apply appl Itself Intensively to the Development of oC torel foreign n trade in preparation for tor the tho time when hen dependence dence must be placed on on Imports rather than natural resources according to speakers who toda today addressed the third session of or tho the seventh annual national foreign trade trado council Extension of oC direct cable and antI wireless wireless wireless wire wire- less communication between the tho United United United Unit Unit- ed States and countries of ot Latin Amer ican establishment of oC a dollar ex exchange exchange ex- ex change in trade centers of or the southern southern southern south south- ern hemisphere and formulation of ot ad additional additional additional ad- ad and nd more comprehensive re reciprocal reciprocal reciprocal re- re tariff trade treaties were ad advocated advocated advocated ad- ad h lure here e toda today today- b by at nt a group rOul session of oC the national nR-lional foreign n trade council convention on the subject subject of or Latin American Trade Relations The speakers pointed out that the tho United States is Is a n. debtor as regards Latin A In So contrast with Its position position po po- to most prost other countries in th the world They declared trade to io the southern southern countries should bo ho stimulated stimulated so that this country ma may balance balance bal bal- ance its trade debt with commodities rather than gold