"Asia Houses" to Improve Far East Trade The economic situation of America to-day was the subject of a paper read by Mr. Julean Arnold," U.S Commercial Attache, to a number of members and guests of the Pan-Pacitie. Association at a tiffin held at the Astor House Hotel, on Friday. Dr, ¥, 8. Tsao presided, Tu the course' of his' paper, Mr, Amnold brought out three' important points, The first was the introduetion of societies in various cities on the Pacific Coast of America to be known as "Asia Houses," to further the interests "of trade between America and the Far Bast. The second touched on the unemployment relict problem of America. Thirdly, hho emphasised that America was at last realising that her prosperity depended on imports from foreign countries and not solely on exports.
"Asia Ho "In a constructive sense, Ametiea's relations with China and the Far East generally, probably the most important accomplishment. dur-ug my six. months' sojourn In. the United States," said Mr. Arnold, "was the success attending efforts to estab-fat each of the four important Paeitic Coast trading ports an institu. ton to serve as a clearing-house of {interest in and contacts with the nations of Asia, Tthas been suggest ed that the organization be known og Asia House and in each case be decorated in Oriental style,—with Ubraries and reading rooms for current literature pertaining to the Far East, Loan exhibits of Oriental art are also encouraged. At Seattle, San, Froneisco, and Los Angeles arrangements probably will be made to affiliate with clubs already in existence.
Interest in the Asia House. idea not confined to the Pacitie Coast alone, It Is also hoped they may to necentuate the importance effectiveness of the American-Japanese and American-Chinese Trada Councils as recently organized under the auspices of the National Foreign Trade Council. Furthermore America's position as a Pacific Power, they should go a long way towards the realization of President Roorevelt's Ideal of America as a good neighbour in its relations with other people."
Text read from the printed page and cleaned; old type leaves the occasional error.