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The Bismarck Tribune
Bismarck, Mandan, Burleigh County, Morton County, North Dakota
What is this article about?
In Berlin on July 3, the International Chamber of Commerce, newly led by Thomas J. Watson of New York, denounced the arms race and advocated for free raw materials access, improved worker standards, stable gold-based exchange rates, ending exchange controls, and multilateral trade over bilateral pacts.
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Berlin, July 3.-(AP)-The International Chamber of Commerce, under the new leadership of Thomas J. Watson of New York, Saturday denounced armaments competition. It also favored free access to raw materials for 'all nations,' approved better living standards for workers, recognized the need for stabilizing exchange rates on a gold basis, urged progressive abolition of exchange controls and advocated multi-lateral trade agreements to supersede barter and bilateral pacts.
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Foreign News Details
Primary Location
Berlin
Event Date
July 3
Key Persons
Outcome
denounced armaments competition; favored free access to raw materials for all nations; approved better living standards for workers; recognized need for stabilizing exchange rates on a gold basis; urged progressive abolition of exchange controls; advocated multi-lateral trade agreements to supersede barter and bilateral pacts.
Event Details
The International Chamber of Commerce, under the new leadership of Thomas J. Watson of New York, denounced armaments competition and issued statements favoring free access to raw materials for all nations, approving better living standards for workers, recognizing the need for stabilizing exchange rates on a gold basis, urging progressive abolition of exchange controls, and advocating multi-lateral trade agreements to supersede barter and bilateral pacts.