He spoke of the spirit of ultranationalism which had been growing apace during the years, but said he felt that this phase was passing. Foreign trade now was emphasized by everyone as a great need. People of whatever degree were beginning to realize that a nation must buy order to sell. Whereas before Amer to foster America's export trade.
With regard to the depression, he expressed it as his opinion that America is now in the latter half of it. statistics end other indications during 1984, pointing to a. deBnite tendency upward which. gave every sign of continuing. He advised the Chamber that now was the time to think of expansion, to reach for every Jmeans of ce-operation with the Chi-/inese and other nationals. He referred to the economic mission which will sail from New York about March
Text read from the printed page and cleaned; old type leaves the occasional error.