New-York tribune., 1899-06-11
TRADE AND FINANCE ABROAD'

| While Egypt Is suffering from a slight alta0h -
the Indian plague. foreign merchants es,aoi' ~
| there have taken the first Steps 10 cure - -, -
] little commercial plague. which mas ever u,ei " -,
/ with n large development OF industry anu "'"e "
| the Pharaohs' land. Failures and SUSPENSIONS Vi
| navment have been lately moro numerous thai
usual The cause lies in the defective fnoue VI pay
| meut of drafts which It was the custom io'hei, -
| not to protest on the liked day ou' o ,a'o, ~ 49, >,
pone through a compromise between the EuroPea.i r
merchant or his representative and the naive nv o Pur
chaser until latter had dsPose oi ms shsn n
| In that wav draft nothing more IMAM d
written promise. Several OF the pincipai. III me- g.,
in ,nn nrsn ssr ad Of the
buyer TO put a stop TO that practice Ihey naTe re- he
fore delivering their merchandise and to protest
any draft which was not paid on me bnt ~
VIII take some lime before it produces It's expected
results. account OF the eirk 70 Former
| natives and Of their Inclination 10 s'oN " 'o'''''
methods OF payments.
The value of the products Of the fisheries OF can
ada during the year 1897 amounted to so 7Sao and
the exportations reached the considerable totaI OF
49, SOL 900 fish and ys2coo for oil and SKINS OF iSn
marine animals % In m exports 3 a coansm salnon
The latter was prepared especially In BRITISH
Columbia.
The recent renewal Of friendly relations between
France and Italy has exercised a notable innuence
on the commercial intercourse between the '"o
countries Among the indirect results eHpec'eu
from the FranCO-ltaIdH poiitOai '"'N''o -
the pro,ect of establishing at Marseies an Italian
Chamber of Commerce. on the model OF those
which France has established in the peninsula,
notabv AT Milan The Italian Chamber OF
Commerce at Marseilles will be placed under tne
patronage OF Marquis de Carcano. Consul-Generatl
~ Italy at that place A meeting OF the fien1n
and Italian merchants In that city was heid IateIy
at he house of OF the most influential dnohs
them Signor Guido Allatim, and II aPpolnteo
cnmmssion charged TO receive the signatures OF az
merchants willing to contribute to the Iornaeoh VI
an Italian Chamber Of Commerce at Marseilles.
Americans who may have thought Of establishing
restaurants in their countrys section at the Paris
Expositon must not be deferred from that project
nv the statement that the Directory has opened
bids for divers restaurants and that only trench-
men are allowed to bid. This regulation apples
only 10 the French section There Will be loreIgn
resfaurants also offering to customers thelr naive
dishes They will be kept by foreigners belonging
TO those foreign sections, and only withih the
grounds conceded to the various countries for,,
eirn restaurant keepers will have 10 arrange all
matters with their own Commissoners-General.
A new free port that of Danzic has just been
established In Germany which has already at
Bremen and Hamburg such ports. The free port
Of Dantzic is in immediate connection with the
Vistula River and the 1t measures nearly
seven hundred yards long by one hundred and
wide. and its quays are connected Dy
rail with the stations of the DantZc and Neutahr-
wasser Railroad The area of the free port con-
tains several large warehouses.