--- title: "Meaning & Key Takeaway of: Our chemical and other manufacturing…" description: "\"Our chemical and other manufacturing concerns are all too often ready to let the Germans have Latin American markets, provided the American companies c..." image: "https://sms4smile.com/quotes/i/f03/henry-a-wallace-14589_china_our-chemical-and-other-manufacturing-con_827469.jpg" --- # Our chemical and other manufacturing concerns are all too… ![“Our chemical and other manufacturing concerns are all too often ready to let the Germans have Latin American markets, provided the American companies can work out an arrangement which will enable them to charge high prices to the consumer inside the United States.” quote by Henry A. Wallace](https://sms4smile.com/quotes/i/f03/henry-a-wallace-14589_china_our-chemical-and-other-manufacturing-con_827469.jpg) [Download](https://sms4smile.com/quotes/i/f03/henry-a-wallace-14589_china_our-chemical-and-other-manufacturing-con_827469.jpg) [Open image](https://sms4smile.com/quotes/i/f03/henry-a-wallace-14589_china_our-chemical-and-other-manufacturing-con_827469.jpg) > “Our chemical and other manufacturing concerns are all too often ready to let the Germans have Latin American markets, provided the American companies can work out an arrangement which will enable them to charge high prices to the consumer inside the United States.” [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Corporations often prioritize profit over ethical competition, allowing foreign control of markets while domestic consumers face high prices. **In simple terms:** Businesses may let foreign firms dominate markets, raising US consumer costs. Key Takeaway Demand fair competition and consumer protection. Themes economics corporate ethics global trade consumer rights Mood concerned critical Type political analytical When to use this quote - policy reform - consumer advocacy - fair trade agreements - regulatory oversight Key Concepts market dynamics price gouging national sovereignty Questions to Reflect On - How can consumers influence corporate behavior? - What policies protect domestic markets? A Different Perspective Balancing profit and public good is complex; political resistance exists. ★ ★ ★ ★ ★ No ratings yet [American Companies](https://sms4smile.com/quotes/about/american-companies-362186/) [American Markets](https://sms4smile.com/quotes/about/american-markets-527629/) [China](https://sms4smile.com/quotes/about/china/) [High prices](https://sms4smile.com/quotes/about/high-prices/) [Investing](https://sms4smile.com/quotes/about/investing/) [Latin](https://sms4smile.com/quotes/about/latin/) [Latin america](https://sms4smile.com/quotes/about/latin-america/) [Latin american](https://sms4smile.com/quotes/about/latin-american/) [Let Germans](https://sms4smile.com/quotes/about/let-germans-527630/) [Manufacturing](https://sms4smile.com/quotes/about/manufacturing/) [Manufacturing Concerns](https://sms4smile.com/quotes/about/manufacturing-concerns-527631/) [Ready](https://sms4smile.com/quotes/about/ready/) [States](https://sms4smile.com/quotes/about/states/) [United](https://sms4smile.com/quotes/about/united/) [United states](https://sms4smile.com/quotes/about/united-states/) [Work out](https://sms4smile.com/quotes/about/work-out/) ## Related quotes > [The contrast between a figure such as Mark Zuckerberg, a billionaire before he was 30, and Alfred Krupp, who spent 60 years building one…](https://sms4smile.com/quotes/kwasi-kwarteng/the-contrast-between-a-figure-such-as-mark-zuckerberg-a-billionaire/) [Kwasi Kwarteng](https://sms4smile.com/quotes/author/kwasi-kwarteng/) > [Biography, too, is liable to the same objection; it should be autobiography. Let us not, as the Germans advise, endeavor to go abroad and…](https://sms4smile.com/quotes/henry-david-thoreau/biography-too-is-liable-to-the-same-objection-it-should-be/) [Henry David Thoreau](https://sms4smile.com/quotes/author/henry-david-thoreau/) > [The fascists in most Latin American countries tell the people that the reason their wages will not buy as much in the way of…](https://sms4smile.com/quotes/henry-a-wallace/the-fascists-in-most-latin-american-countries-tell-the-people-that/) [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) > [Outsourcing, information technology revolution, the access to India's human resources, India's pool of scientists. It will help American companies to become leaner, meaner, more…](https://sms4smile.com/quotes/manmohan-singh/outsourcing-information-technology-revolution-the-access-to-india-s/) [Manmohan Singh](https://sms4smile.com/quotes/author/manmohan-singh/) > [The other thing that's really important in tax reform is making sure that we don't tax American businesses at much higher tax rates than…](https://sms4smile.com/quotes/paul-ryan/the-other-thing-that-s-really-important-in-tax-reform-is-making-sure/) [Paul Ryan](https://sms4smile.com/quotes/author/paul-ryan/) > [Challenging unfairly subsidized products, fighting counterfeit goods and intellectual property theft and holding countries accountable for an unfair currency regime will help American companies…](https://sms4smile.com/quotes/virginia-foxx/challenging-unfairly-subsidized-products-fighting-counterfeit-goods/) [Virginia Foxx](https://sms4smile.com/quotes/author/virginia-foxx/) > [The focus of our public discourse has been on how American companies are competing with Japanese, German, and other foreign companies. What this allows…](https://sms4smile.com/quotes/arlie-russell-hochschild/the-focus-of-our-public-discourse-has-been-on-how-american-companies/) [Arlie Russell Hochschild](https://sms4smile.com/quotes/author/arlie-russell-hochschild/) > [Now, I will say, most American companies - most are run by honorable patriotic people who care about their employees and communities. But there…](https://sms4smile.com/quotes/hillary-clinton/now-i-will-say-most-american-companies-most-are-run-by-honorable/) [Hillary Clinton](https://sms4smile.com/quotes/author/hillary-clinton/) > [I see a future where American companies lead the world in the production of hybrid-plug in cars and electric vehicles.](https://sms4smile.com/quotes/bernie-sanders/i-see-a-future-where-american-companies-lead-the-world-in-the/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [When I was a teenager, the most valuable American companies were in finance and manufacturing.](https://sms4smile.com/quotes/brianna-wu/when-i-was-a-teenager-the-most-valuable-american-companies-were-in/) [Brianna Wu](https://sms4smile.com/quotes/author/brianna-wu/) > [While foreign competitors, French or Japanese or German, merrily bid for contracts abroad, American companies find themselves tangled in a web of legislation designed…](https://sms4smile.com/quotes/elliott-abrams/while-foreign-competitors-french-or-japanese-or-german-merrily-bid/) [Elliott Abrams](https://sms4smile.com/quotes/author/elliott-abrams/) > [Ninety-eight percent of all American companies have fewer than 100 employees. Over half of all Americans work for a small business. Small businesses are…](https://sms4smile.com/quotes/barack-obama/ninety-eight-percent-of-all-american-companies-have-fewer-than-100/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [More American companies are getting bought by foreign firms or they're becoming foreign firms or they're outsourcing. Right now the tax code says if…](https://sms4smile.com/quotes/paul-ryan/more-american-companies-are-getting-bought-by-foreign-firms-or-they/) [Paul Ryan](https://sms4smile.com/quotes/author/paul-ryan/) > [In 1945, the world was in a shambles. American companies had no competition. So nobody really thought much about quality. Why should they? The…](https://sms4smile.com/quotes/w-edwards-deming/in-1945-the-world-was-in-a-shambles-american-companies-had-no/) [W. Edwards Deming](https://sms4smile.com/quotes/author/w-edwards-deming/) > [In a nutshell, the ability of American companies to compete in world markets depends on creating conditions in which workers can add sufficient value…](https://sms4smile.com/quotes/james-o-toole/in-a-nutshell-the-ability-of-american-companies-to-compete-in-world/) [James O'Toole](https://sms4smile.com/quotes/author/james-o-toole/) ## More by Henry A. Wallace > [The wisdom of our actions in the first three years of peace will determine the course of world history for half a century.](https://sms4smile.com/quotes/henry-a-wallace/the-wisdom-of-our-actions-in-the-first-three-years-of-peace-will/) [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) > [To see rich land eaten away by erosion, to stand by as continual cultivation on sloping fields wears away the best soil, is enough…](https://sms4smile.com/quotes/henry-a-wallace/to-see-rich-land-eaten-away-by-erosion-to-stand-by-as-continual/) [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) > [The symptoms of fascist thinking are colored by environment and adapted to immediate circumstances. But always and everywhere they can be identified by their…](https://sms4smile.com/quotes/henry-a-wallace/the-symptoms-of-fascist-thinking-are-colored-by-environment-and/) [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) > [It may be shocking to some people in this country to realize that, without meaning to do so, they hold views in common with…](https://sms4smile.com/quotes/henry-a-wallace/it-may-be-shocking-to-some-people-in-this-country-to-realize-that/) [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) > [If we define an American fascist as one who in case of conflict puts money and power ahead of human beings, then there are…](https://sms4smile.com/quotes/henry-a-wallace/if-we-define-an-american-fascist-as-one-who-in-case-of-conflict-puts/) [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) > [The American fascist would prefer not to use violence. His method is to poison the channels of public information.](https://sms4smile.com/quotes/henry-a-wallace/the-american-fascist-would-prefer-not-to-use-violence-his-method-is/) [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) > [If we define an American fascist as one who in case of conflict puts money and power ahead of human beings, then there are…](https://sms4smile.com/quotes/henry-a-wallace/if-we-define-an-american-fascist-as-one-who-in-case-of-conflict-puts-2/) [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) > [Still another danger is represented by those who, paying lip service to democracy and the common welfare, in their insatiable greed for money and…](https://sms4smile.com/quotes/henry-a-wallace/still-another-danger-is-represented-by-those-who-paying-lip-service/) [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) > [The century which we are entering can be and must be the century of the common man.](https://sms4smile.com/quotes/henry-a-wallace/the-century-which-we-are-entering-can-be-and-must-be-the-century-of/) [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) > [What we must understand is that the industries, processes, and inventions created by modern science can be used either to subjugate or liberate. The…](https://sms4smile.com/quotes/henry-a-wallace/what-we-must-understand-is-that-the-industries-processes-and/) [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) > [The worldwide, agelong struggle between fascism and democracy will not stop when the fighting ends in Germany and Japan.](https://sms4smile.com/quotes/henry-a-wallace/the-worldwide-agelong-struggle-between-fascism-and-democracy-will-not/) [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) > [The fascists in most Latin American countries tell the people that the reason their wages will not buy as much in the way of…](https://sms4smile.com/quotes/henry-a-wallace/the-fascists-in-most-latin-american-countries-tell-the-people-that/) [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) > [In some ways, certain books are more powerful by far than any battle.](https://sms4smile.com/quotes/henry-a-wallace/in-some-ways-certain-books-are-more-powerful-by-far-than-any-battle/) [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) > [If we put our trust in the common sense of common men and 'with malice toward none and charity for all' go forward on…](https://sms4smile.com/quotes/henry-a-wallace/if-we-put-our-trust-in-the-common-sense-of-common-men-and-with-malice/) [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) > [A liberal knows that the only certainty in this life is change but believes that the change can be directed toward a constructive end.](https://sms4smile.com/quotes/henry-a-wallace/a-liberal-knows-that-the-only-certainty-in-this-life-is-change-but/) [Henry A. Wallace](https://sms4smile.com/quotes/author/henry-a-wallace/) [Explore all 46 Henry A. Wallace quotes ](https://sms4smile.com/quotes/author/henry-a-wallace/) ## More China quotes > [I don't want to go into space because of war. I think we would if it was triggered. If China said they want to…](https://sms4smile.com/quotes/neil-degrasse-tyson/i-don-t-want-to-go-into-space-because-of-war-i-think-we-would-if-it/) [Neil deGrasse Tyson](https://sms4smile.com/quotes/author/neil-degrasse-tyson/) > [ \[The Dalai Lama\] told me some years ago, "I've made every concession to China, and I've been as open and tolerant as I could,… ](https://sms4smile.com/quotes/pico-iyer/the-dalai-lama-told-me-some-years-ago-i-ve-made-every-concession-to/) [Pico Iyer](https://sms4smile.com/quotes/author/pico-iyer/) > [One of the things the United States does well is building coalitions. What the U.S. knows is that if you don't have a coalition…](https://sms4smile.com/quotes/shimon-peres/one-of-the-things-the-united-states-does-well-is-building-coalitions/) [Shimon Peres](https://sms4smile.com/quotes/author/shimon-peres/) > [Personally, I prefer contemporary films, but the market calls for more period choices, especially since China opened up a cinema market in Hong Kong.…](https://sms4smile.com/quotes/donnie-yen/personally-i-prefer-contemporary-films-but-the-market-calls-for-more/) [Donnie Yen](https://sms4smile.com/quotes/author/donnie-yen/) > [There is no precedent of an advanced economy withdrawing from a trade agreement as deep and as complex as the European Union.](https://sms4smile.com/quotes/jo-johnson/there-is-no-precedent-of-an-advanced-economy-withdrawing-from-a-trade/) [Jo Johnson](https://sms4smile.com/quotes/author/jo-johnson/) > [In China, people are moving from bigger cars to small hatches, and interestingly, the Indian market is graduating to bigger cars and sedans. I…](https://sms4smile.com/quotes/winfried-vahland/in-china-people-are-moving-from-bigger-cars-to-small-hatches-and/) [Winfried Vahland](https://sms4smile.com/quotes/author/winfried-vahland/) > [Broken china lasts longer than unbroken.](https://sms4smile.com/quotes/jules-renard/broken-china-lasts-longer-than-unbroken/) [Jules Renard](https://sms4smile.com/quotes/author/jules-renard/) > [Language is so specific to art, all the way to the past in China. Previously, people were not allowed to include various regional dialects…](https://sms4smile.com/quotes/jia-zhangke/language-is-so-specific-to-art-all-the-way-to-the-past-in-china/) [Jia Zhangke](https://sms4smile.com/quotes/author/jia-zhangke/) > [I don't see why we and the Chinese should have to be enemies.](https://sms4smile.com/quotes/indira-gandhi/i-don-t-see-why-we-and-the-chinese-should-have-to-be-enemies/) [Indira Gandhi](https://sms4smile.com/quotes/author/indira-gandhi/) > [India may be overtaking China as the world's most polluted country. Even now, which country is worse depends on the day.](https://sms4smile.com/quotes/steve-inskeep/india-may-be-overtaking-china-as-the-world-s-most-polluted-country/) [Steve Inskeep](https://sms4smile.com/quotes/author/steve-inskeep/) > [If China someday gains a more fair, just, and accountable system of government, it will be due to the hard work and efforts of…](https://sms4smile.com/quotes/rebecca-mackinnon/if-china-someday-gains-a-more-fair-just-and-accountable-system-of/) [Rebecca MacKinnon](https://sms4smile.com/quotes/author/rebecca-mackinnon/) > [We're always willing to look at ways NAFTA can work better. But it's a fine line between looking at ways to make it work…](https://sms4smile.com/quotes/stephen-harper/we-re-always-willing-to-look-at-ways-nafta-can-work-better-but-it-s-a/) [Stephen Harper](https://sms4smile.com/quotes/author/stephen-harper/) > [The situation with Tibet has to change. China is one of the last huge dictatorships, holding on to these colonies, provinces. That has to…](https://sms4smile.com/quotes/adam-yauch/the-situation-with-tibet-has-to-change-china-is-one-of-the-last-huge/) [Adam Yauch](https://sms4smile.com/quotes/author/adam-yauch/) > [Put plainly, China seems determined to steal its way up the economic ladder, at our expense.](https://sms4smile.com/quotes/christopher-a-wray/put-plainly-china-seems-determined-to-steal-its-way-up-the-economic/) [Christopher A. Wray](https://sms4smile.com/quotes/author/christopher-a-wray/) > [The remarkable thing about the Chinese is that they've operated differently than the Russians, the Iranians, and the North Koreans. By and large, they…](https://sms4smile.com/quotes/david-e-sanger/the-remarkable-thing-about-the-chinese-is-that-they-ve-operated/) [David E. Sanger](https://sms4smile.com/quotes/author/david-e-sanger/) [Browse all 3,827 China quotes ](https://sms4smile.com/quotes/about/china/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "Our chemical and other manufacturing concerns are all too often ready to let the Germans have Latin American markets, provided the American companies can work out an arrangement which will enable them to charge high prices to the consumer inside the United States.", "creator": { "@type": "Person", "name": "Henry A. Wallace" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/henry-a-wallace/our-chemical-and-other-manufacturing-concerns-are-all-too-often-ready/", "about": { "@type": "Thing", "name": "China" }, "@id": "https://sms4smile.com/quotes/henry-a-wallace/our-chemical-and-other-manufacturing-concerns-are-all-too-often-ready/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/f03/henry-a-wallace-14589_china_our-chemical-and-other-manufacturing-con_827469.jpg", "contentUrl": "https://sms4smile.com/quotes/i/f03/henry-a-wallace-14589_china_our-chemical-and-other-manufacturing-con_827469.jpg", "url": "https://sms4smile.com/quotes/i/f03/henry-a-wallace-14589_china_our-chemical-and-other-manufacturing-con_827469.jpg", "width": 1080, "height": 1080, "caption": "“Our chemical and other manufacturing concerns are all too often ready to let the Germans have Latin American…” — Henry A. Wallace", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Henry A. Wallace", "item": "https://sms4smile.com/quotes/author/henry-a-wallace/" }, { "@type": "ListItem", "position": 4, "name": "Our chemical and other manufacturing concerns...", "item": "https://sms4smile.com/quotes/henry-a-wallace/our-chemical-and-other-manufacturing-concerns-are-all-too-often-ready/" } ], "@id": "https://sms4smile.com/quotes/henry-a-wallace/our-chemical-and-other-manufacturing-concerns-are-all-too-often-ready/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```