| Show NO NATION CAN LIVE ALONE The approaching approaching- conference be- be between be between tween representatives of the great powers of the world and President Roosevelt will 11 focus attention on one one of the most vital problems of I the depression the decline in foreign trade Secretary of State Cordell Hull re recently said that Americas America's share of the tho world trade that has been lost in the tho past few years reaches the astounding total of oC a a volume of business which at any time would mean menn the differ differ- difference difference ence between depression and com corn comparative comparative prosperity If the tho general world economic crisis cr sis had been j wholly responsible for the collapse of trade the problem would be a good r deal l less ss all important all over the cne world worm the me industrial skies are arc brightening and th the upturn has I started But foreign trade has one gone to the doldrums principally for another reason reason-n a reason a growth r of oC isolationist sentiment in the thc great countries The result has been tar tar- tar tariff iff ill barriers and embargoes embar oes to a 3 greater dc degree ree than ever before In the modern world we have annihilated space The telephone the radio fast transport have al- al almost al almost most eliminated the former barrier of distance In this world no na- na nation nation na nation tion can successfully live alone remote and economically removed from its neighbors Such a policy is the prelude to international dis- dis distrust distrust dis distrust trust suspicion enmity And in a a world where such thin things s exist there can be 00 no permanent and sound prosperity The United States is taking the lead in seeking to obtain world cooperation for l recovery and to stimulate trade between at ions If the other powers follow it will willbe willbe be the tho greatest blow yet Jet struck at athard athard hard times |
