Ogden Standard-Examiner
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Ogden Standard-Examiner | 1926-08-17 | Page 4 | Will This Country be Able to Compete

Type issue
Date 1926-08-17
Paper Ogden Standard-Examiner
Language eng
City Ogden
County Weber
Rights No Copyright - United States (NoC-US)
Publisher Digitized by J. Willard Marriott Library, University of Utah
ARK ark:/87278/s68927g1
Reference URL https://newspapers.lib.utah.edu/ark:/87278/s68927g1

Page Metadata

Article Title Will This Country be Able to Compete
Type article
Date 1926-08-17
Paper Ogden Standard-Examiner
Language eng
City Ogden
County Weber
Page 4
OCR Text THIS COUNTRY IBE BE TO ABL-TO ABLE TO TO COMPETE With a failIng ailing oft off In iii balance of trade from over a b bil billion lion lIon Iton dollars to In n a a year the the question has lies been ask ask- led Fed If this country Is losing its foreign trade An eastern l author ty otters offers assurance that at America will eo so on holding to its full share of the commerce ot of o the theseas seas and says Those who are n near sr to President President dent Coolidge say sar sa that h ho he expects the the United States to maintain its ita In the export trade flea Rea Eon Rea-Eon son on for tor or this Is his faith In la the ability of ot thE tho United States to give zhe better services than Its com corn competitors Right flight there Is tho the ker- ker kerbel kerel ker-bel ker bel el of o the tho whole matter It Is Js a Question question ot oc service This same thought Is Js admirably brought out In fn a book entitled Can Caa We Com Corn Compete pete pet Abroad published by bythe the na na- na national national foreign trade tado council n It shows that essentially essentially there there sno Is s s no difference between foreign and domestic markets In principle competition In the foreign field Is the same as In tho the domestic Competition Is not merely a matter of oC price A A Chinese coolie sells his labor for far less than that of an American But of two the lowest priced labor In o terms of of Of service becomes the most ex ex- expensIve ex- ex expensive expensive pensive It Is not always the cheapest goods that become the most most desirable In the book re- re referred re referred to this same truth is s told In a statistical story Of the al- al almost al almost most worth of ot goods old abroad In 1925 about 60 per percent tent were manufactured These goods did not sell themselves but were obliged to meet Belling America is on a high level of prices above aboe the rest of ot the world orld and that eventually m must st have Its but the productive power of oC this country combined with the natural resources gives our cx- cx ex exporters porters mere more than an even break Ip in world competition
Reference URL https://newspapers.lib.utah.edu/ark:/87278/s68927g1/6510402