Show WA WAGES SI I II A 4 i D Dollar lar at Premium oncan Y an Production I to U. U S. S 5 1 K Oct 9 9 The Th relatively uniform l level vel paid to labor throughout lin an an important postwar Wi with ith th a vital bearing on ond d the United d States in 1 according to the tho current Goods and Forthe Fort For For- For j the fortnightly trade Guaranty Trust come com com- e t g York This changed n n. n due in a large measure pert vert iv rt a salutary influence nent ent of American goods Says pays says tending to level levelt I t turn on costs and permitting I s sue it entrance into a freer with goods of foreign I foreign exchange situa- situa I rg rc particularly the fact rican dollar is at a Europe stands today as i obstacle In the way trade The demonstrate our dem de da darn rn m the rest of f the world growth rz- rz lies izes s the Importance of oft oft t t broad vision of our cities Mies overlooking no no o op- op e the trade bar- bar restrain restrain- competition I half alf century preceding period representing the f English industrial and pent ment a large and prof- prof overseas commerce was How ow unit of cost in pro- pro lent responsible for Germany ermany Jermany likewise pro- pro comparatively low cost organized comm comm com com- in- in m and made serious 3 British commerce during durings s adjust just prior to the war I 1 States electing to opT op- op different standard of T mg g a higher wage cost t Jo o gain a position as a arl rl of f manufactured goods Great Britain and pt t. t in those lines where whereof of automatic machinery nit Il-nit unit nit cost of production at t permitted competition products manufactured E European wage scale CHANGED or the United States p rind finds this condition ed European labor Ired tremendously parallel to a consid- consid ie e e. labor costs in this Change deprives Europe e r greatest foreign trade m roves in like measure 5 American foreign trade petition tion in productive T Tried of course vary but a level situation seems I ghoul the industrial industria e 8 commerce is affected Jig ig is one step In tho the thoI trade rade barriers harriers Others lie he course of a natural I 1 progress progress will not he be normal processes we I help preserve through- through h uniform standard of ot more natural natura flow of |