Messersmith, G.S., Mexico City. To Cordell Hull, Washington.
Date
1944-08-04
Journal Title
Journal ISSN
Volume Title
Publisher
University of Delaware Library, Museums and Press
Abstract
Description
Discusses desirability of American firms placing their interests abroad in hands of American citizens; U.S. will face keen competition for markets after war; rising labor costs in America will increase production costs; one way of solving problem is for American firms to establish more factories abroad and employ local labor; is opposed to state trading, though some think U.S. may have to resort to it; many aliens in charge of American firms have been meticulous in carrying through their obligations to their American principal, but their first loyalty is to their own country, and the head of the firm at least should be American; perhaps best way of bringing situation to attention of American firms would be through trade organizations such as Foreign Trade Council and National Association of Manufacturers.
Keywords
Messersmith, George S. (George Strausser), 1883-1960.