The Anglo-American Trade Agreement: A Study of British and American Commercial Policies, 1934-1939

The Anglo-American Trade Agreement: A Study of British and American Commercial Policies, 1934-1939

The Anglo-American Trade Agreement: A Study of British and American Commercial Policies, 1934-1939

The Anglo-American Trade Agreement: A Study of British and American Commercial Policies, 1934-1939

Excerpt

Numerous studies of recent British and American commercial policy have been made, and some of these studies have included discussions of trade agreement policy. With the exception of government reports, however, no detailed analysis has been made of any of the individual trade agreements that have been concluded. This book is designed to offer a study of the most important trade agreement concluded by the United States and the United Kingdom by analyzing the place of the Anglo-American trade agreement in the recent commercial policies of these two nations.

In general, the government reports on the individual trade agreements have aimed at one of two purposes: (1) to offer propaganda to convince the public of the value of the trade agreement; or (2) to provide detailed statistical information to individual business interests which have been affected by the terms of the agreement. In making this study I have taken the position that any study from the propagandist approach must be unscientific (though it might possibly be useful), and that further examination of the myriad details of a single trade agreement would be unprofitable. Instead, I have sought to orient the most important of the constituent parts so as to develop the philosophy of international trading relations that underlies the agreement. Once this philosophy has been developed it has been possible to compare it with other aspects of British and American commercial policy in order to find the difficulties that were faced and the compromises that were evolved in the conclusion of a trade agreement between these two great nations.

I wish to acknowledge the assistance received from two fellowship grants which made this study possible. The Mary Campbell Memorial Fellowship, administered by the American Friends Service Committee, enabled me to spend a year in study at London, and a field research fellowship from the Brookings Institution enabled me to complete my work in Washington. During my stay in London and Washington I have had the opportunity to discuss the agreement with numerous British and American governmental officials, particularly at the Board of Trade, Ministry of Agriculture, and Board of Customs and Excise, in London, and with the United States Tariff Commission and the Departments of State, Commerce, and Agriculture in Washington. Mr. G. L. Watkinson . . .

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