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Automatic Age

Issue: 1927 February - Page 15

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T he A
u t o m a t ic
A
ge
15
To Discuss
Foreign Markets
phonal Meeting W ill Embrace vari-
y of Topics. Joint Session with
Operators to Be Feature.
CQUne o f the important topics to
y. . before the manufacturers at
Veeix' daily sessions during the con-
22?9o°n anc* exposition, February 21-
^ °'24-25 is that o f the develop-
ofent ° f foreign markets. The use
sifi-ri rriei*can Coin machines in for*
counties is growing and manu-
ge^,Urers are getting their heads to-
ift tlfr ^00^^n8’ to increased activity
the machine and supply market,
bat we should try to develop for-
t5\ac*e
beyond question, as we
u 6fly exporters o f automatic
Aift nes anc* novelties to
Latin­
a ei'ica. But, below we are quoting
ei-y interesting paragraph taken
the speech made by a Congress-
^ a t W ashington:
oreign trade is essential to the
«m11|tenance
our Prosperity and
nPIoyment o f our labor.”
The industries o f the
United
States have grown so gigantic, that
it is necessary to kep them moving
at full capacity in order to avoid sus­
taining heavy losses on account o f
idle equipment. A lso, to paralize a
plant, or a part o f it, would mean
thousands o f workingmen being with­
out a job, at least' temporarily. This
in turn would mean a decrease in the
purchasing power per capita in the
community where such thing hap­
pened to happen. As a result retail
business would decrease and our
present high standards o f living
would be reduced to a lower level.
Our present manufacturing capac­
ity exceed our domestic requirements
and therefore it is in foreign trade
only where we can find our salvation.
A ll this is especially true as re­
gards the manufacture o f automatic
machines, fo r not only is it necessary
at present to constantly bring out
(Continued on Page 67)
it a WHALE OF A
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