Show great growth of foreign trade Is building upu up US S merchant marine dy by DR EDWARD EWING PRATT chief of 0 federal dureau bureau of foreign and domestic commerce there isi OUT our foreign trade wo we have been going into in to the foreign markets anft getting our sharo of the alio trado trade of ilia world from the class aass of nations aro are dispensers of raw to ilia class of manufacturing nations before the war we stood third as aa nil 1111 exporter of commodities today wo we have three times afflic trade of any other nation in in the world our merchant barbio lias increased dioro during a ilia list last two years than it had during dic tho 50 years previous our shipyards aro are working to ca capacity p acety and aro are astounding number of vessels the fact that wo nye biad a small merchant ner chant marino marine lias has handicapped our foreign trade somewhat during the war but wo we aro are gaining and our laws aro arc becoming suell such I 1 that we nye can build up a great shipping industry up to ilia present tho aho bulk of american americ ili foreign trado trade lins hoa been sold abroad by indirect agencies the most anost important of these laro export hission houses export merchants and manufacturers agents for is no mystery it is ia similar to domestic trade it requires a well planned and organized or establishment of permanent prices and an attempt to adapt ahe products to the needs of tile customer |