The Birmingham age-herald., 1915-05-28

tory to German and Austrian markets. This may facilitate the export of copper. It will certainly relieve an embarra ssment which the American copper exporters have felt since the war began Furthermore. other commodities whose manifesss show that they are destined for Italy will not hereafter be subjected to scrutiny. and as Italy has been and will continue to be very large purchaser of American com modities the fact that the kingd m Is now numbered among the allies will cause England not only to refrain from search. but will give protection to commerce hear CTS bound for Italy if protection be needed
 Very Heavy Payments
 The public has no realization of the number and magnitude of payments which are being almost daily made to Amer jeans who have sold commodities to for eign nations. Many of these payments are made by drafts upon funds. held in New York which are signed by naval attaches or other accredited representa- tves for foreign governments. They ex- plain remark which was made a few days ago by one of the leading interna- uonal financiers who said the volume of funds now flowing in this way. most of 1t e ming into New York, representing inn mediate payments on account of contracts l for the purchase of American commodi- ties. is so stupendous as to be almost overw helming.
 One of the features of these transactions Is found in the fact that there is very little. if any, friction or statements of al- legged misunderstandings, nor are any sub terfuges adopted for the purpose of secur- ing delay in payments. These payments are made as promptly as debtor banks pay their balances at the clearing houses each day, and so far there Is not the slightest indication that any of the na- tions now buying of us is finding itself in embarrassment respecting payments.
 Charles A. Moore's Estate
 The will of the late Charles A. Moore, who was widely known as an executive leader in one of the great American n- dlstries and to the public perhaps more widely known as the head of the or ganization which was created to agitate in favor of the maintenance of a protective tariff. was admitted to probate a few days ago by the surrogate for the town of Greenwich, Conn.,, which had been for many years Mir. Moore's legal residence. There appears to have been some aston ishment at the size of the estate. It was officially stated to be a little under B. o00,o00 MT. Moore was presumed to be wealthy enough to be named as a mill lionaire but some of his intimate business
 
 cumulated as much as the probate pro- ceedings showed.
 There are still a good many business men who live along the line of the Erie railroad who recall the time when Mir. Moore was a travelling salesman. He had something of the aggressive, husting, en- ergetic salesmanship quality which dis tinguished John w. Gates. He was num- bered in those early days among the great American salesmen. and as was the case with Mr. Gates his salesmanship brought him into touch with business capital so that at last he was able to organize and for years direct what was one of the leading industries. Unlike MT Gates, however, Mir Moore never ven- | tured at least heavily into the specula- tive market His fortune is presumed l to represent chiefly year-by-year addi- | tions to his wealth gained from his busi- ness. Some years ago. perhaps inspired by the example set by his longtime friend E. c. Converse, Mir Moore bought a l slightly and large tract of land some six | or seven miles north of his home in | Greenwich. It was contiguous to the TO- mantle and beautiful property which was purchased and developed by the sons of l Robert Bonner. It was not more than a mile and half or two miles distant from | the great show farm which MT Converse 1 had developed by building up half dozen deserted farms in the northwestern part | of the town in Gfeenwieh.f Both MT Converse and Mr. Moore undertook scien- | tifc farming not only as a recreation but | for the purpose of showing the complain | ing farmers of the vicinity that the req son why they could not succeed did not | lie in the land, but in their methods of cultivating it Seth Low, formerly mayor of New York. a few years ago bought large farm over the line in New York state chiefly for the purpose of demonstrating-as he has successfully done-that science. industry and adapta- 1 bilty are all that was needed to bring to the New England and New York farm CTS reasonable profits.