if you ask our friend paul hoffman, he will back me up. afraid you're wrong.rippling of foreign trade was not the only factor of depression, but it was an important one. that 10%, that is an overall figure. in many industries, that figure runs much higher, and that extra production for exports is a very vital factor. it not only means more jobs, but also means lower cost for lower prices for the whole market as well as the export market. if he says it's good it must be ok. wait a minute. what about all this manufacturing. is that setting our competitors up in business? of a lot of machinery to south america. what are they think about it? >> this worries me. these people are going to have so many factory they will not be buying from us anymore. all of these ships bringing in manufacturing equipment will be toing half of their trips sell to us. they're working for $.80 a day. the wages in our factories are much higher. do you think our people will not more cars, figures -- refrigerators, and radios? won't you makeut everything you need in the future? thee can ne