Show EXPORT TRADE FACES CRISIS Competitors Launch Ac- Ac Ac Active tive five Campaigns Re- Re Report port JRe-port port Shows I WASHINGTON ASI Fob Feb Dy 6 2 ByThe The Associated Press Dr Press Dr Julius Klein director of o the bureau ot of I foreign and domestic commerce told lold a a house Jouse appropriation sub sub- subcommittee sub subcommittee committee in made I Irr testimony pub pub rr I today that thai I the ho export trade of th country faces a crisis crist which urgently requires continuance I ance nce of or the tin economic policy lot fol fol- fol followed lowed since 1921 1 21 The The outstanding problem ho ha explained Is the coming conflIct for or foreign markets attendant upon the economic of Euro Euro- European reeo el recovery our an competitors Everyone Every one of or our hals has lias launched a most he e drie against cur eur export markets and the tho pressure of ot these campaigns patens Is already being felt by bynun nun nur exporters In ITt many Important trade centers especially In Latin America mcl arid and the Far ar East A t further factor of our rapidly overseas economic inter inter- interest est eat which males makes imperative the seady development of our trade service Is tho growth th of American investments h abroad arc are now about 99 BOO 00 exclusive of or governmental war loans a as against slightly over 5 since the tho war var Dr Kline Klino said the world data congress In March 1923 authorized his bureau to collect on thi rubber and coffee cortle Industries was directly contradictory to the success of the present cam cam- cam l against tRainst a rubber and other monopolies s which has alread brought down the price of or crude crude rubber from front oer o 1 1 per pound poundon 01 o December 1 I to 66 CC certa |