Show II No Nation Can Live Alone The approaching conference between between between be be- tween representatives of the great powers vers of the world and President Roosevelt will focus attention on one of the most vital problems of depression the depression the decline in foreign trade I Secretary of State tate Cordell Hull recently said that Americas America's share of the world trade that has has been lost in the past few years reaches the astounding total of a a volume of business which at any time would mean the difference between depression and comparative prosperity If the general world economic crisis had been wholly responsible for the collapse of trade the problem would be a good deal less Import Import- Import j I I ant ant all all over the world the indus indus-i IndustrIal Industrial Indus Indus- trial skies are brightening and the upturn has started But foreign trade has gone to the doldrums principally for another reason reason reason-a a growth of isolationist sentiment In the great countries The result has been tariff barriers and em- em to a greater degree than ever before existed In the modern world we have annihilated space The telephone the radio fast transport have al almost almost al- al I aI most eliminated the former barrier barri barri- I er of distance In this world no nation can successfully live alone remote and economically from its neighbors Such a policy is the prelude to international distrust distrust distrust dis dis- trust suspicion enmity And ina in ina a world where such things exist I there can be he no permanent and sound prosperity The United States is taking the lead in seeking to obtain world cooperation cooperation co co- operation for recovery and to stimulate stimulate stimulate trade between nations In Inthe Inthe the oth other r powers follow it will bethe be bethe bethe the greatest blow yet struck at athard athard athard hard times |