Belief That Boom Is Coming: Fallacious Ideas About Boycotts:
China Trade to Be More Competitive By Oun Sax Trave As a guest the other evening at 18 commercial college in this ity, I was somewhat astounded to find the interest that is being given to the future of the trade "of the United States with China. "Ther is probably not another country the present time where young people contemplating making their careers overseas are being instructed into possibilities in China isthe case in this country. Indeed, there is going the United States "an" intensive manently benefit another. It foolish for anyone, American or otherwise, to believe that permanent advantage is to be reaped by any nation in China over another, when Boycott is the tool. As a matter of inet, in certain parts of China bold. threats have been made to boycott. American goods, but the Briton would be a fool to believe that any benefit would accrue to himself and his nation as a result.
China To Be More Competitive.
Grive for the trade. of the Orient fend of China in particular. Young Americans are being trained for foreign trade; but, while great interest is centred in South America, Mexico and other countries nearer home, China seems to be the principal field of future attraction.
Last year the United States bought from China something over min gold worth of goods than she exported to China we tung as a geo showed a bigger rt than export), and find that in colleges and universities the idea is current that the United States, though claimed torbe able (o hold her own against American firms into and elsewhere would mexican import trade generally any onl. In 1926 the United all comers, fancies that the recent exhibition of animosity towards the British will benefit her own trade That was the view presented by the professor to whom I listened the other evening. As T listened, how ever, I regretted that T was not fable' to inform the class that this a fallacy. Boycotts cannot last for ever. The nation under boycott his year may "become, the general favourite "in China the next. Boycott of one nation cannot per-taels' worth of and bought from ker just over 150 million, f0 that the favourable 374 million taels wiped out last year. The largest amount of goods that the ited States has sold to China was in 124 (ilk, Tls. 190.9 million), when the balance of trade in her favour was over ninety million taels, the total of her trade with China for that year being Tis.
Text read from the printed page and cleaned; old type leaves the occasional error.