"America's isolationist. polloi seriously Jeapordizing foreign trade; Geclared Mr. Hull, "Most nations 10 ay are in the grip of selfish minor ties!
The Secretary of State pointed out that the policies expressed by inc Senate had. severely hampered his own department in executing the Feelprocal. trade ogreements author wed by Congress, Prof, Rexford Guy Tugwell, Unde: Secretary of Agriculture, reviewed the cotton situation, pointing out that export, trade in this commodity had dropped below 7,000,000 bales for the 1934-35 season.
Senator Wheeler asked if the time ripe for an international economic conference, but Mr, Hull explained tersely:
"Sympathetic ations do not yet have faith in our intentions. In reasonably short time, however, hope that these nations will go. forward with us toward the goal of economic recovery.'-—United Press.
Messrs, Sharps and Wilkins! annual silver report, published to-day, concludes with the statement that calculations regarding the future of the silver market must necessarily be based upon the assumption that the American purchasing policy will continue.
"According to the report, the United States acquired over "300,000,000 ounces of silver during 1994, chiefly fas a result of the nationalization of United States stocks and also sales of the metal by China, The former no longer exists as a source of supply, and it is doubtful whether the larier Will be resumed to anything like the same extent.
Messrs, Sharps and Wilkins are the opinion that during 1935 the price for silver should not depreciate to any extent from its present level and that it might quite conceivably improve to a moderate extent, However, ho sensational rise is anticipated Unless some unforeseen factor develops for the American Treasury adopts more progressive purchasing pohey—Reuter.
Text read from the printed page and cleaned; old type leaves the occasional error.