Show Round Merry By DREW PEARSON and ROBERT S. S ALLEN WASHINGTON WASHINGTON More More alert minds in the Roosevelt administration have been beon doing some very careful thinking about what is going to happen to American trade in the future The picture is far from optimistic Here are some of the things they have concluded After this war is over it is almost inevitable that that- the world will be divided into four great trading areas They will be 1 Japan and China comprising about people and falling under the totalitarian totalitarian domination of Japan 2 2 Germany which will exercise life and death rule over about people including in including including in- in all the nations of Europe 3 Russia which will govern the trade of about people 4 The United States Canada and South America America if if we can still keep the latter under the Monroe Doctrine These will represent about people In the first three of these economic areas foreign trade will be completely controlled by government monopolies For instance Germany operating on a slave wage scale and a socialized system will be able to cut prices and undersell the United States throughout South America Already Already Already Al Al- ready Germany is offering steel in Rio de deJaneiro deJaneiro deJaneiro Janeiro and Buenos BuenosAires Aires for September delivery far under prices quoted by U. U S. S steel mills Japan which i is sure to industrialize China also wilL pay slave wages and will do dothe the same U. U S. S Alternatives Therefore the United States in order to continue continue continue con con- any kind of export trade will have to do one of four things 1 Reduce wages to a level approximately the starvation standards paid in Germany 2 2 Reduce profits or eliminate them altogether altogether altogether alto alto- gether if German prices are to be met 3 Subsidize industry and virtually take lake it over as under the nazi fascist and soviet systems 4 4 Create a foreign trade monopoly This is what the Russians have done for more than a decade and what the nazis have been doing more recently All exports abroad are sold through the government and imports are purchased purchased pur pur- cha chased s ed the same sam ewa way Y YIt It is this last system which n new new w deal advisers consider least objectionable of the four and upon which they are concentrating Naturally the handling of U. U S S. exports and and imports imparts through a government monopoly is a along along along long long way from the Hull trade trade treaties treatment treatment treatment treat treat- which are based upon nation most ment low tariff walls and the principle that ever every nation should treat the other as it wants to be treated This hi highly laudatory principle now so outdated outdated outdated out out- dated by Hitler has been one of the chief bones of contention inside the new deal Secretary of Agriculture Wallace has fought it from time to time and once got into a row with with Hull over the insignificant question of placing a quota on French walnut sales Hulls Hulls' Rows Professor Moley Money when assistant secretary of state had terrific rows with his chief over ex ex- port port-i port import port quotas and the right to barter Even in m 1933 Moley thought Hulls Hull's trade treaties were old Later George Peek head of the Expert Export Im Im Import port ba b bank took up the cudgels with Hull and fought for government quotas which would fix the amount of goods to be d from certain certain certain tain countries I. I In each battle the veteran secretary of state won The fi fight ht with Moley Money resulted in his resignation Peek hung on for months but finally was purged Now however new deal master minds have come came around lo exactly the same theories proposed proposed proposed pro pro- posed by Moley Maley and Peek Peek except except that they go even further They maintain in this day and age with the full weight of the German government bartering for far trade a single U. U S. S business man has about as much chance as a single workman bargaining with an employer He must also have the weight of his government behind him Phoney G Men G-Men blen If you are an employer and get a call from froman an FBI agent it is a good idea to make him show you his credentials All genuine men G-men are under orders to do that and for a very good reason In the past week the department of justice has received complaints from employers that fake FBI agents have demanded the dismissal of workers who they they- claim were un Ameri can and radicals One large Pittsburgh steel company reported that one of these alleged m G-m men G-men n submitted a alist alist alist list of who he advised should be fired at once A check disclosed that none of the men were communists or belonged to left eft wing organizations Impersonating a federal officer is a serious offense and J. J Edgar Hoover has assigned some of his crack men to investigate these fakes At no time does Hoover ever recommend the hiring or firing of any Distributed by United Feature Syndicate |