Harper's Pictorial Library of the World War, Volume XII : $b The Great Results of the War
History
Harper's Pictorial Library of the World War, Volume XII : $b The Great Results of the War
League of Nations; Treaty of Versailles (1919 June 28); World War, 1914-1918; World War, 1914-1918 -- Economic aspects; World War, 1914-1918 -- Finance
"Specific accomplishments of this character are, however, far
from constituting a full measure of the results achieved by the
War Trade Board. The elimination of enemy advantage from our
trade and, to a considerable extent, from that of the world,
the securing and conserving of commodities essential to
ourselves and those associated with us in the war, the bringing
of shipping generally into the services most useful to
us--these results can not be accurately stated or appraised at
the present time, nor have they been accomplished by any single
act or agreement."
[Illustration: Examining Cargoes for Contraband
An inspector is using the X-ray on a bale of cotton, it having been
found that smuggling of every conceivable sort was being carried by
German agents.]
THE TRADE LICENSE SYSTEM
The United States trade license system was extremely effective in
cutting off the business of firms whose controlling motive was the
advancement of German commercial interests. It was largely directed
against preventing pro-German firms in neutral countries from engaging
in the re-exportation process, a familiar practice in the earlier part
of the war. The policy of the War Trade Board is indicated in the March
(1918) issue of the _War Trade Journal_:
"To accomplish these results the War Trade Board, through its
Bureau of Imports, has adopted certain regulations in
connection with the importation of many of these raw materials,
to which it is the duty of every patriotic American citizen to
give complete and wholehearted support.
"Organizations have been voluntarily created in many of the
trades, such as rubber, wool, jute, tin, etc., to act as
consignees when required and to perform other duties in
connection with importations, under and by direction of the War
Trade Board.
Public-domain text, read in full here on John Shaqi.
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