MAKE USE OF RAW MATERIALS
Hurley, Edward N.
Make Use of Raw Materials After War the United States Will Develop in Foreign Fields by the Merchant Marine By EDWARD N. HURLEY, Chairman U. S. Shipping Board SINCE the Civil War wo have learned...
...Trade in both raw materials and manufactured goods Is unsound and transitory unless bebmd it the nations making the exchange are developing their agriculture, their mines, their factories, transportation, wealth, and living standards...
...Make Use of Raw Materials After War the United States Will Develop in Foreign Fields by the Merchant Marine By EDWARD N. HURLEY, Chairman U. S. Shipping Board SINCE the Civil War wo have learned what railroads, money, and energy will do for undeveloped sections in our great West...
...Germany overreached herself because her philosophy of trade and shipping was wsong—based upoa selfish exploitation and one-sided dealing...
...Our new merchant ships will take us into this great field of international service and international opportunity, fit} is time for Americans everywhere to 'be thinking of world trade from this angle of raw materials...
...We shall have the ships and they must be filled both on the outvoy-age and homeward bound, and the very basis of business for our merchant marine is to build new trade for ourselves by helping other nations increase their production and finding them new markets...
...They are now waking to the possibilities in a new world of international service...
...World trade is not one-sided—both parties to a bargain must be better off after the exchange is made...
...iJefore the war both Great Britain and America were commercially asleep...
...Great Britain had her wonderful empire, but permitted Germany to develop many of its resources through German ships and German scientific production...
...England and America have both learned Ifieir lessons...
...He profits most who serves most...
...One nation can not prosper at the expense of another...
...After the world war we must learn what American ships and American money and American energy can do for the undeveloped sections of other nations—such sections as the rich mineral country of the west eoast of South America, the great fertile Amazon Basin, the growing nations of Australia ieod South Africa, so like our own in, many ways...
...The United States had no merchant marine on the ocean and could neither develop her own trade in manufactured goods nor serve other nations by improving their markets for raw materials...
Vol. 10 • November 1918 • No. 11
