The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1916-06-22
O,R REL NTIo>s WITH RU>si>.

operations are SnoWh
by the completion ui the Rus
credit Of $50. o00, Oo0. announced
week And the unusual charac-
ter of the operation is q result of the
situation produced by the C1ta-
clysmic forces 81 war, which navel
swept away former conditions In the
economic world
A credit - established here tor tho
imperial Russian government, and
that government IN turn opens a
credit for AN equivalent IN rublcs,
three for u dollar. AT the state Bank
Of Russia. for rhc syndicat.ns banks
here.
The s50,o00 coo credit here is based
on the responsibility of the Russian
government, and D. Co be offered To
banks and largcr investors FOR invest
uout II is To- run three wears AZ 90
per cent interest. and certificates OF
obligation VIII he issued jrausiera ole
IN form. and owu probably t. demon
nations oi $1,000 This furnishes an
|.Xr,iirnt Investment ~ high rates "t
interest. aud viii probabl, he widely
distributed
Tn. advantage to tn. country goes
beyond the nigh rate of interest n
other profits from the syndicate which
our investors viii receive. II " u step
towards comentuig commercial reln-
tious uetwecn IA. United States and
Russia, which u "" go lar enough
b.for. the war ends, viii be Of vnoi-
NOUS advantage to our trade. Be
fore tn. war Gormauy almost mouop-
cliz.d tn. Russian market Russia <
total purchases from All countries
nave" nearly doubled In the last forty
years. In 1870 Germany supplied 90
per cent Of thes. purchases. ana by
lqI3 had increased her cuisines, So
that she supplied more han 80 per
cent 10 b. exact. S.b per cent at all
the goods bought by Russia IN the
year before the war was furnished nS
Germany. amounting t" - total Of over
$685., 10000 During this period Ems
lands exports To- Russia, however dc
creased from 80 pei cent Vt the whole
IA 1870 4" l5. per cent IN 1913
This - also true of goods sold by
Russia 10 other countries. Forty
three years ago Germany bought Of
Russia - pet cent of total goods "a
ported, aud had increased ,his hl
1873 - that she consumed ~ Rus
STA : exports nearly 81 per cent, bur
rg the same time Russia's export
ito England dropped from nearly hnli
of all N" goods she sent out. 10 under
10 per cent
II was Germany's wonderful method
IN trading tha gave her his success
We learn nom h American. Russian
Chamber OF Com.mrce report Eng
lish goods imported IN Russia wcr,
always Of better quality than German
goods. I'd, the English did not tak,
INTO account the character Of the nus,
] sian population with T. 'uw huyiui
power English good. were AWAY
higher priced and did not present ~
great variety and nuyelts q, the Ger
man product Germany also oNtondc,
chamber ~ commerce report Ems
land di" not favor The largest an,
most reliable Russian houses avail
largely IN buying goods To ask then
for payment, as the English dad. abuu
a month and 70 halt tu Two month
nofor. seeing the good. was fatal Il
trade The G'rmHus adopted an On
'ircly different method The, create.
a situation whore dealing Win q Ger
man was tu a. l,ussiau almost exact
Ike dealing with ono 81 ms own roun
Try 'Grrmau statesmen spok" Rus
sian nucutly presented buyers wit
B catalogues printed in Russian. wit
: goods marked according to the ltus
|. marked 100 runlrs and top.kon \
ms gave G'rmuu} great success !
her trad" with Russia TINS trad
. hus, of course beer .ut N by the va
iromplot"lN ana the question to whoi
this splendid market win fan after IN
I To m. United states. Germany ha
n not given up by ans means her intor
q ltion o. wn il back, II possible, lI'