That genial advocate, Alvin Mansfield Owsley, U. S. Minister to Rumania, was met at the dock in Manhattan by a delegation of cheering admen last week, put up at the Hotel Roosevelt before reporting to President Roosevelt.
“King Carol is a strong character,” said Minister Owsley. “After the assassination, of his brother-in-law King Alexander only the courage of the Balkan rulers and the patience of the people averted disaster. For years the Balkans were used as the breeding grounds of war. Now that has been reversed. Peace is coming out of the Balkans!”
“I have King Carol’s personal assurance,” confided Minister Owsley in conclusion, “that he prefers to do business with American firms. In fact all the Balkan countries are most friendly and anxious to outfit themselves with American products, but for prohibitive tariffs which make it almost impossible for them to trade with this country.”
More Must-Reads from TIME
- Donald Trump Is TIME's 2024 Person of the Year
- Why We Chose Trump as Person of the Year
- Is Intermittent Fasting Good or Bad for You?
- The 100 Must-Read Books of 2024
- The 20 Best Christmas TV Episodes
- Column: If Optimism Feels Ridiculous Now, Try Hope
- The Future of Climate Action Is Trade Policy
- Merle Bombardieri Is Helping People Make the Baby Decision
Contact us at letters@time.com