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in a broad way for the exportation facilities                           
especially for our more burdensome surpluses, such as 
cotton, tobacco, lard and other hog products, wheat, 
automobiles, etc, etc.
It is believed that the one most effective way to accomplish
this vitally important objective is to maintain and promote
a policy of gradually reducing discriminations and preferences 
and increasing equality of trade and commercial
treatment, and that the maintenance of this attitude in the
public mind of the world is all-important.
 
 
The experience and attitude of the State Department toward 
Germany since the spring of 1934 has
been in brief as follows: When Germany was openly planning
and practicing defaults on her $2,000,000,000 of debt
due in the United States, she at the same time approached
the State Department more than once with a professed
proposal to agree on a new trade arrangement. It was
not possible at that early stage on account of the
tariff situation and certain other conditions, for
our Government to take up the matter, even if it had
been willing to ignore such'discriminations as the whole-
sale debt default to our nationals while paying nationals 
 
 
of