RIVALS IN TRADE

Dominion, Volume 24, Issue 226, 20 June 1931, Page 7

RIVALS IN TRADE

American Estimate of British Influence ARGENTINE BUSINESS By Telegraph—Prw» Abml— Copyright. Washington, June 18. British trade propaganda in Argentina is described as a veiled attack on Argentine-American friendship, in. a study by Mr. George J. Eder, Chief of the Commerce Department’s LatinAmerican Division. Mr. Eder’s report—one of four which are being sponsored by the Carnegie Peace Foundation —named Sir Malcolm Robertson, the British Ambassador to Argentina, as a chief proponent of the slogan “Buy from those who buy from us.” He also said that the visit of the . Prince of Wales was designed primarily as an attack upon American mercantile supremacy. “The most skilful and Influential commercial propagandists In Argentina are British statesmen, merchants, bankers, industrialists, and others, who for years have endeavoured to Instil and wield influence In favour of British goods,” states the report Mr. Eder added that he believed American merchants and manufacturers had little to fear from British competition, because one-fourth of America’s Argentine exports were goods which Britain- did not manufacture, and half of them were of such a nature that British factories could not turn them out now at competitive prices. . * He pointed to the reorganisation of Britain’s entire social and. economic structure as necessary before American price competition could be met