OCR Text |
Show Looking Southward As, three quarters of a century ago, our nation looked to the west for an outlet for its products, so it is today looking southward, toward Latin America. Here is one of the vastest lands in the world larger in area than the United States, with almost as much population. Here is a potential po-tential outlet for millions of dollars dol-lars worth of American goods and, as a result, the source of employment employ-ment for hundreds of thousands of American workmen. Anything . we can do to encourage encour-age better understanding between the two hemispheres is thus of economic, as well as social, importance. im-portance. Latin America has suffered suf-fered tremendously from the fall of raw material values, as is evidenced evi-denced by revolutions, wars and frequent changes in government. Today she is passing through a period of chaos but that she will come out of it is beyond doubt. The stuff of which great and permanent per-manent nations are made is with- in her borders, and that is the ' important thing. Raw material prices will not always al-ways be depressed. Foreign money will once more flow into Latin America, in exchange for her coffee, cof-fee, tin, sugar, tobacco, petroleum, etc. Much of that money will find its way into this country, buying automobiles, typewriters, farm implements and other manufactured man-ufactured articles she needs. When that time comes, our Latin American trade will be a vital cog in the economic wheel. |