Show U S must aid in development of south america if it Is to compete for trade dy by GEORGE CEORGE E ROBERTS assi AuIt basat tiBt to jent of Natio national aal cry city back anew of new york ono of tile grievances urged against ilia labor V organizations is IB that they deliberately restrict output S on tho the theory that there la is only a limited amount of work to bo be done and that it is is good policy for them to mako make it go us as far and pay as much in wages as pos poa bible it is IB a mistaken theory but I 1 think the idea that this country will do better in in world trade with great britain and Gen germany itally out of it is is baad based upon tho the same error it assumes that there is is only a limited amount of work to bo be dono done in in the world and only a limited amount of trade to bo be had whereas there is IB no limit to the amount of work to bo be done or to ilia amount of trade that may bo be had or the wealth that may bo be created f from roni tho resources of nature the greater the ilia production of every country tho the greater its purchases will bo be and the greater the ilia trade of ilia world will be great britain and germany have built up most of tile tho trade they have had with south america by advancing capital for the tha development of those countries they have literally lit orally created out of tho ilia dormant resources of those countries the wealth from which they have received their pay thoy they have invested about in in south america in in the last twenty five or thirty years and sent most of it out in in tile tho form of materials and machinery no wonder they have had the bulk of the trade and if wo we are arc to rival them there wo we must do the ilia samo same work we must help in in the development of those countries |