Text Version


  
    
      
 
 
-11-
 
      
 
 
Canada alone exceed by $200 millions total exports to South 
      America.
 
      
 
 
While all this trade would not disappear with the defect of 
      Britain and the downfall of the Empire, it can certainly be anticipated 
      that every effort would be made by the victors to divert Europe's 
      purchases to totalitarian sources of supply, and the vastly increased 
      prestige and power of the dictator States would be fully utilized 
      to curtail American sales to Latin America and the Far East. 
      Furthermore, the United States at such time would be primarily 
      preoccupied with military measures and would be handicapped in 
      promoting its own overseas commerce. The defeat of Britain and 
      France would give such an impetus to the German system of government 
      controlled foreign trade that, in self defense, a parallel system 
      would have to be adopted in the Untied States. It would not be 
      an exaggeration, therefore, to say that the downfall of the British 
      Empire would cut American exports at least 50 percent in volume.
 
      
 
 
It is estimated that approximately 3 million American workers 
      are directly engaged in producing for the export trade. Half 
      of the cotton, a third of 
View Original View Previous Page View Next Page Return to Folder IndexReturn to Box Index