Whether it’s local, domestic or foreign, if it’s news about Jewish life you’ll find it in the Jewish Daily Bulletin.
remove trade obstacles.
Peek is trying to figure out the barter plan, although it is indicated that Secretary Hull looks upon bartering agreements as a possible hindrance rather than an aid.
Hull is understood to have more faith in reciprocal treaties providing for mutual removal of tariff barriers to cover a world-wide situation rather than to correct a temporary ailment in any one country.
American objections to complying with Germany’s suggestions are at present two-fold.
To begin with, Germany has not evolved any means of meeting the deliberately defaulted payment on the Dawes and Young Plan bonds, and has recently been sharply criticized for this.
Secondly, there may be an objection to the kind of goods that Germany would barter for American raw materials. Large imports of such German merchandise would play havoc with our already over-supplied domestic market.
STUDY TRADE AGREEMENTS
The United States has never before done any bartering on a wholesale basis. Reciprocal trade agreements are being very carefully studied but it is impossible to say just when agreements of any kind will be made with Germany, or even to predict that they ever will be made.
Should our government decide not to trade with Germany and should that country retaliate by boycotting our wares, we would not be seriously hurt, as we are not dependent on her except for a very limited line in dyes, and perhaps textile machinery.
In spite of Germany’s defiance of the world with self-sufficiency claims, she is showing great anxiety. This aggressiveness at Washington is very encouraging to boycott exponents, because in it Germany shows that the Reich’s trade structure—at home and abroad—has been seriously dislocated.
The feeling is general that the harder Germany fights for trade treaties, the sooner Hitler will revise his program to restore to his country the consideration and respect she previously enjoyed.
Whether it’s local, domestic or foreign, if it’s news about Jewish life you’ll find it in the Jewish Daily Bulletin.
The Archive of the Jewish Telegraphic Agency includes articles published from 1923 to 2008. Archive stories reflect the journalistic standards and practices of the time they were published.
