The Century Illustrated Monthly Magazine, October, 1913: Vol. LXXXVI. New Series: Vol. LXIV. May to October, 1913Various
General
The Century Illustrated Monthly Magazine, October, 1913: Vol. LXXXVI. New Series: Vol. LXIV. May to October, 1913
Various
Periodicals
The growth of those figures in their largest aspect is due to organized
private effort, the methods and operations of which are a sealed
book to the government official or the general public, and which
unfortunately have shared in the recent and sweeping condemnation
of the business methods of all big corporations. There has been no
sifting of the wheat from the chaff, the good from the evil, with most
deplorable results, for which both public and corporations are to
blame. The natural result has been that in attempting to regulate the
home activities of “big business” their foreign activities have been
hindered and even checked. Lost ground in foreign directions is more
difficult to regain than at home, for certain artificial and natural
barriers always exist, which favor home markets, while foreign trade
meets well-equipped rivals at least on equal terms, and often with a
handicap.
In the year 1913 the people of the United States are entering upon a
radical change in the national attitude toward domestic and foreign
commerce. There is a partial reversal of policy toward home industry;
there is also an important experiment afoot in diplomacy. It is too
early to say just how radical these changes will be in the final
reckoning, or what may be the outcome. It is quite possible that
increased freedom of trade may bring good results at home; and if
Congress recognizes the need of a commercial diplomacy auxiliary
to that of the litterateur, the reformer, the peace-advocate, the
missionary, and the general uplifter of mankind, and the administration
provides competent, permanent, and resident commercial diplomats or
attachés to all important American missions, a threatened disadvantage
may be turned into a victory. At present, however, American foreign
trade is the foot-ball of national politics.
Private enterprise, with its able American representatives abroad, is
the only real guard against serious damage possessed by this great
asset of the nation. The advance of American foreign commerce may be
likened to a more or less friendly conflict with an allied army of
foreign competitors. This is specially true of American trade, for it
is generally a new-comer, and is regarded with dislike and antagonism
to such an extent as to induce combinations of rivals to resist its
advance.
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