After the roaring days of 1919 and 1920 in our export trade, there has been a great falling off in enthusiasm for the future of our foreign trade. New export firms have liquidated and disappeared. Banks have closed or pruned down their foreign departments. Manufacturers are less optimistic concerning the possibilities of foreign markets for our goods.
The National Foreign Trade Council, however, has not abandoned its efforts in behalf of a larger American export trade, even if it has grown wiser and more patient than were business-men-in-general four years ago. Last week...
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