Show for foreign e ign loans are the best means of developing Deve lopinI V our foreign trade by FRANKLIN REMINGTON foundation company foreign rio reign loans are arc the best moans means of developing our foreign trade tn in seeking fields for wider markets this tin s nation naturally turns to undeveloped countries which being without funds have no purchasing power itis it is evident that in order older to beronio customers such countries must raise funds through foreign loans it is almost invariably the rul rulo 0 that 16 feign trado trade follows foreign loans and it is 18 a well established policy of great britain to loan only on condition that expenditures for materials are made for british products tins this practice is followed closely by other european countries the great question then for american manufacturers to answer is how to make loans to undeveloped countries in competition with great britain and other european countries tho the most formidable bar to placing foreign loans in the united states is that the american investor is not interested or pos posted ted on foreign issues it is therefore difficult to market them unless they be government loans of the older nations if this formidable impediment can bo be overcome then the united states will bo be in a position to take foreign loans in competition with great britain and other european nations |