New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1907-02-22
TRADE AND FINANCE ABROAD.

Official figures in regard 10 tho export ot French
automobiles have been recently published by the
custom house administration IN France. These
figures, saws the Official report show that the
French automobile industry is continually advanc-
ing. II is to-day Of the most prominent factors
81 the commerce Of the country. The value of the
automobiles exported last year amounted to nearly
-55o14ooo francs. These figures are particularly
e!gllncant when they are compared with those for
the last five years. Being valued at the rate Of
20 francs kiiograInrne the expectation Of French
automobiles amounted TO 1900 francs in 1885;
fs ~ i 100 10 ~ ssG 9o n aa o5loc9 m ls9i
me advance is steady and it IS more particularly
fhs branch OF our commerce has developed itself,
without begging anything from the state but only
industry" Among the clients OF France in 1908
were England. at the head, then Germany and
value Of $500 francs in 1903 2e21oo0 in 1894 and
$4,000 in 1856.
recent cable dispatch from London reported
that tha Rothschilds. who the bankers and
financial agents for the Brazilian government, had
declined 10 indorse for $4,000 600 the scheme known
as the coffee vaIorizaton." This to be OK
Tected because the plan popular only In few
states OF the republic. warmly supported by
the federal government itself and generally dis
favored IN most Of the European money markets.
n London the general opinion seemed 10 be op-
posed 10 loan in the support Of the coffee
Nalo-ization," on the ground that # would only
saye off she failure OF the ''valorzation scheme.
But thew have in Belgium shown by intcrpella-
lion IN The Chamber end by article in the pat
rlgte OF Brussels another scheme. the main object
~ wh;eh IS to bring back tho coffee trade TO Ant
weTp, whose monopoly in that trade has been
1r5ansIeTTed 70 HaVre ana Hamburg The National
rang OF Eeigium would make considerable loan
70 The coffee producing states OF Brazil TO be
Of coffee. IN order 10 enable the planters 20 keep
ibis quantity OF coffee Of the market artihcslly.
wetp be sold only 70 houses established there.
.nd not T. retail houses and would not be realized
Antwerp market and other Belgian houses have in
making the arrangements. Mesnwhiie. these pro
3scts are n be attacked in The Chamber at Brus-
gels. mainly BY a deputy, III. Lorand, who has
given notice Of the two following questions he
intended 70 address 70 the Minister o. Flpance
TIE National Bank Is 70 advance about 50N10.00O
foreign dnanciers whose object is to prevent any
IeductIon IN the price OF brazil cotfee ~ obtaining
= considerable part OF the output Of that com
Has the National Bank the right to cooperate
j MS manner in raising the price Of this popular
ioocstun 10 the detrment or our population - ?"
The answer Of the Belgian Minister OF Finance
has NOT been published in the Brussels papers re-
The "Buenos Ayres Standard" apropos Of tho
rev and great development OF the mining Industry
insnks mainly TO the influx OF North American
capital IN the neghDoring republic Of Bolivia.
says among other things: Mining in Argentina is
stu in It's infancy. But once have the railway
system extended TO the Cordileras there win be
y coal be not found to work tho ore, petroleum on
e SPOT VII take fits place end we shall have the
smoke from the smelling furnaces when the wind
blows from the east"
The earthquake Of Valparaiso does rot seem 70
nave lad any detrimental effect upon the commerce
q that port The balance OF the custom house Of
mat city for last year. 1906 shows a surplus OF
sssSg pesos (chilien dollars) over the receipts or
100 This has caused the clerical force OF the
custom Custom house greater amount Of work. n fact
"h!eh Is duly noted with promise IN the papers
q the country.
The formal Go Commerce." the most important
taper a. Rio de JaneiTo. published by Senior
NhftOS Rodriguez IL well known economist
statesman who lived for several IN the United
eDeteS. is opposed 70 any tariff reduction the
importation Of Argentine -four into Brazil The
bltnapdl argument Is based upon a fact not gen
sEhiy known outside az South America. x is
ssastea tAat although the North American -four IS
6FOfed with reduction Of 20 per cent NOT granted
CHts. Foreign Hour. the superiority of Argentine
=. Srazlisn markets has been maintained Ia
1Ssh 70 quantity. This IS natural. since Argentina
~ .refy large producer Of -four. ana is situated
=. sas very coor of Brazil. while the American
kSseNee has 10 make long and expensive voyage
-4ofe reaching the Brazilian consumer