davidaulloa/AmericanStories huggingface dataset:
The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1918-06-07
eUGoEsTloN APPRECIATED

We are glad % see tha1 our local
contemporary. the Banner. has put "a
a telegraphic serctve The service -
the International. which The Star used
for several months At the beginning
of the var The institution Of this
service by the Banner, with the Stars
Associated Press dispatches IN he
evening, makes 0cala independent of
Jacksonville and Tampa FOR telegraph
service. There probably ISN'T another
town Of its size in the country 80 we'll
served And as dispatches cost heav-
lily. W hope W. may BE- excused Il re
suggest 70 orr citizens that they gisa
al much support as possible 10 .helc
local papers. -OcaIa Star
The Banner wishes % ia Only
this that We are finding 10 taulr with
the citizens Of OcaIa and Marion
county as regards their patronage
Of the Banner We appreciate ali the
people Of Marion county as citizens
whether they ara On our subscrIptlon
list Or 0n that ot me Star Or whether
they are "a either. out We can hear6l-
ly second the Star suggestion that
every family Marion county sho1-d
De Oh one Or the other
The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1918-06-07

-l4lIs Alcc1-1 me door -na11sar
u -be house II representatives, is
porting The Nee YorE times says
lar IL tit c35 Ta1r tae country 90
yo .o var win Germany ami when
ever since Ehen b. has approached 4
piece u legislation eouobing as ques-
HOE N che least has always
been II me spirit Well. you you'd
nave 1t. and now I'm going 10 maze
Il .usc - uncomfortable for you as
an he seems 5o speak n ms
sDj-ts vhetner he = addressing hjm.
ssle % the newspapers 10 the people
pr - ne president 2f he Ua.ted
States The speech with whist he
introduced his las5 war tax Dir 2gl !.
De summarized Is follows: -'Fol .
s0c your war eontound you. and ,o'y
Iook st the way I'm going to tax i
tor ~ That speech vas ahmed az
the people II general ne re re
delivered On Tuesday vas aimed
chiefly at the president Of the Uni
ted States Il IN turn. might be sum
married. as follows The president
makes US stay here when I wanted
30 go home. Well. all right, but see
what Kind Of tax bill he'll get, and
see how long it will take up
The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1918-06-07

Emperor Wilhelm says thai -rou
childhood he has been influenced by
the lives Of ave men. Alexander she
Great julius Caesar -haoioric H.
Frederick the Greac a43 Napoleon
Bonaparte. SeIfappra .semeut = Al
ways defective which .aads she Wash
tngton Star % say Ta= Indications
are tha, u has oeeu influenced by
Tibertus Caligue Nero Anuanlas
and Judas IsCarri0z B ina. as e
may We aope tha- AZ eui VIII D. ike
Napolecus We van - see hin u
exile on ;, 1aiena-9r @Orse
The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1918-06-07

give him an excellent ally where the
most good would accrue-t0 he
kaiser
And Mexico seems blinded by
mostly imagined wrongs to that ax-
tent that she may become the tool
OF Germany 70 her own undoing Just
like Turkey and Bulgaria ami Aus
tria
The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1918-06-07

By Al order of TIA fuel admins
ration Just issued. co4i and t1sl oil
for producing motive power N pr
vate yachts Viii ao1. after June Z,
b allowed ID b. furnished Private
yachts away from their home ports
will be allowed sufficient coal D. oil
10 return % their home ports oy ghe
shortest route Fues TOR cooking par
poses may still De used
The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1918-06-07
4 STRIKING COINCIDENCE

{ - , NtNft2 ~O'f*~f = -ta%=
!
-a7r3 are 40 mem oE -ae
mouse oE r7prese0EaIit me demo-
! Gratis me members D lne president )
own party are numerically Il nj
norIEy
Il there we're popular ilsconrens
with The popular policies u she presl-
dent Il would naturally dnd Is IT
most emphatic expression II ghe
house Of representatives which =
the popular branch Or congress and
particularly n / house u -epreseu-
tatives n which Ehere ara pracE.caI
ly IS many -epubiicans - iem0-
Gratis
Yes ne presidents relations ~lca
The aou-s4 ara friendly AMI smlea5.4
The house has supported aim stead
lastly AMI refrained sr0m doing 1ay,
thing hat might embarrass aim n
/ certain cases - when gae sara-a
tried 20 * the price ot wheat a. $3.50
for the 9rodt d Spectators It vas
the house mar came Cd me defense
e a. s55si administration AMI -tca--
FL ira amendment
Every -nambar n ne nous. u
CORRESPONDENCE ,ansr - ,Aeor4 a.
constituents his wear f,r rannn,.ra.
rion sn.+ -4A.a.-.on - IA x 10 -
main IN congress- a,,- " 1nd -4x
+ NJ +ha REPRESENTATIVES, -ngagaf IN
the -in6 ~ a,rfy5rv has a. bacnma
Icba~s,r4-.sr5- n M senate The
hons. -o-,-r,--aA. ara -ao-,ftns-4 wien
The sara-a ~o--r-rra-s ~ 7owa- ana
in ,A~-air .n.-anra- "a -5a,r .,,7a-
r,ors vo~ +n.r,ar. III ail, s,r
rai.,7z -ar-nrA --,,-.t ,,,y.rsra ~ -ba
bonsA sn5 : !. shA ,,o.,.a hat
peeg,iar'v -aarze.f rsith res20D sfb:-.
itv for ne -A-ton 6nances
The 4,rsA ..r,r-rafrrAa IN r,flira-v
affairs : If Aas,at -anza with me sen
ate committee and Is equally eon.-
ce~ra5 abo1- me successful 9roser,,-
The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1918-06-07

There ought 20 b4 = aog farm ar
every cantonment in he United
States. It is said that enough food
is wasted at these cantOments 10 fac-
ten many thousand hogs Here .
where food conservation would mean
something
The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1918-06-07

Some time ago Georgia proposed
the closing OF pool rooms during the
day. She is now talking about clos
ing EN- entirely for the duration Of
the war. The shortage Of workmen
in every industry, and especially on
the farms, is forcing the Old state to
80 after the idlers, and we wish her
igck in that regard. The leech on
society is the idler II he can be
made to disappear forever. twill be
worth the cost, whatever that may be.
The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1918-06-07

German kuItuT proposes % 10rce
marriages and punish chtldIsss mar
riagea-
The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1918-06-07

Entered az secon6 :lass matter al
the postoffIee at oeaia, Fla. under
Rcts Of congress regulating second
lass matter.
The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1918-06-07

OLD TIMER.
The sun., 1918-12-30
EXPORTS TO BRAZIL
GAIN 100 PER CENT.
Our South American Trade
Has Made Rapid Strides
During War.

United States manufacturers and ex-
Brazil and other South American coun-
tries by more than loo per cent. since
the beginning OF the war, according to
J. w. Sanger. Trade Commissioner OF
the United States Government Bureau
of Foreign and Domestic Commerce.. who
recently returned from a survey of the
business opportunities south Of the eQua-
tor.
Imagine ten large stores In ono big
city and one OF these stores doing more
business than all the other nine COM
bined.' declared Mr.. Sanger, and that
will give you come idea OF the position
we are in to-day. II Is an amazing
record. We are now selling South Amer
ioan countries more than half OF every
thing they import. Our total export
trade IS now counted in billions OF dol
lars"
The Commissioner said that with the
signing of a peace treaty q practical GER
tainty within six months or a year. It Is
not a day too soon TO begin making
definite plans to meet the keen competi-
ton in foreign trade that must come al
most immediately" The hundreds Of
millions OF dollars invested in new fac
tories and ships. he said. mean that
America must ind fresh outlets for her
enterprise and industry.
we need more and better direct e
resentation of our 'nanufacturers'in the
important trade centres OF Brazil and
other South American countries" he
said. This may come about through
taking the fullest advantage of the new
Webb export trade act, or In other prac-
teal ways.
I'VE also need a fast and regular
The sun., 1918-12-30
FUTURE UNCERTAIN,
BUSINESS MEN CALM
Doubtful Period Will BE Fol-
lowed by Prosperity. Is
Belief.

WAsHINGTON. Dec cJ-I.s tuu.aant
note in the story o. general Cond IONS
to-day Is the calm and yol,~,.cd man
ner in which tho business world view
the uncertain future "a d q report on
general business conditions made nv 70
United States Chamber % Co,0~er'es
committee on statistics and standards
The report was made ruh'-' 'o-rs p.
There are all sort Of forecasts As o.
the nature AVID vo,'Iwo of b;s ness dr.
ing the ncXt six months said .he ~"~o-'
Bat this seems - DO IN" most poo.'sr
I~rOpNcrv: \ re~'"i n' s~-'o-" r.'.'H
length working I.-o.s r1' p. ,.r'.
sense and fore.hog.ht - 4 90 '"''"'
era and greater prosperity 'aaH eyer .
been our portion In the past. r.
forecast the volume % fo-c.s- '-1d'
plays a large share"
The report says there is a W~!.asr67'
feeling that there must he such rSst
iustments of prices ~ will bring tf"~
to a lower level. assuring stah.Iza.g'
OF prices md purchasing and adds
The general desire IS not Tor raj "a
reductions. but rather for such sr-i-a
declines as conditions may wa-r70-
Commincled with his Is the krow.eds-
hat wages and salaries have rI-n ."
do with the cos OF ConTodi' '- r-ls
nd nothing Is further from o., : "'
thought than that there shoIll A" s0-
stautiHl reductions in the income ava 'I-
chasing power Of the many, 'l' rt'1'
that a ~rcaliEnmcnt OF trlS I.'-r' Shout.
assume the form " rcadiu~twe.. 70 g..
line 81 such wages and sal -' ts Gt
not warranted under the ,.a ~ SLING
ton"
The sun., 1918-12-30

freight service to every important port
OF Latin America said Mr.. Sanger.
without It We will be as crippled as a
department store that depends upon
casual messenger boys 10 make it's deliv-
cries Then again We must be prepared
to meet the actual needs OF these coun-
tries regarding the extension OK credits.
The biggest single incentive to for.
eigD trade is foreign investments. I'm
fortunately our holdings in South Amer
lea are practically negligible. In n short
time our immense surplus capital viii
seek Investment. Brazil In particular
needs this capital and will pay us hand
s1nely for IL.
How many people in the United
States know that Brazil alone is larger
than ali the United States yet, EXCEPT
for its thinly settled line. Is prac-
;.caily untouched? 1t is one OF the rich
est countries In the word and is des-
tined to develop along similar lines 10
our own couutry in the past hundred
years. 1t has every natural resource
that We had had. In addition. others that
nature did not give Us. our talking ma
chimes. type writer's. sewing machines,
safety razors and 4 multitude Of other
American products are standard with
Braz!l!aas to-day. Ii is UP to us to
make just as well known the thousands
OF other products that we make and
that they need just as much"
70 accomplish this, Mr.. Sanger
said, ct was necessary for American
manufacturers 10 advertise their goods
down there In South America ad-
NertisirS methods are crude and much
as they were In the United States thirty
or more years ago.
We have scarcely even begun to use
this power, this promoter OF sales and
good will, In South America" continued
Mr.. Sanger. ~ a u~nmistakable EVIL
dence that the people Of that country re-
spOId Amazingly even to the crude
forms OF advertising offered them.
Bnenos .Ayre4, The capital OF Argen-
tina. has splendid newspapers. with cir
culations ranging around 10000 daily.
Brazilian dail.es have proved excellent
mediums for advertising. The biggest
thing that could happen to advertising
down there would be for broad-gauged
American advertising men to take more
interest in Il. These countries await the
stimulus OF American advertising genius
properly adjusted TO meet their needs"
The sun., 1918-12-30

financially. Rrazil, being IN q less for
tunate position. financially. had to OBJ
tain financial aid from the Allies, but
was. In turn. OF great assistance to
them in the matter or shippiny. Chile
supplied the Allies with needed raw ma
teriai. but against hard cash and
finally. Peru. In addition to having
placed herself on record as an enemy
of Germany, has now also extended her
financial support TO the United States.
ut is expected thai this act OF con
hdence will be followed by similar prac-
teal demonstrations. while It Ia graft
flying TO ind that in this hemisphere a
gradual resumption OF normal inter-
course Is foreshadowed. the came de-
velopment as between Europe n the
rest OF the world has not made, as yet.
quito as much progress. There is still
a tendency TO await tho definite out
come OF the peace conference before
entering into long term commitments
in Europe.
Confidence IL. after all. the basis
of all credit. nj In turn all commerce
is based on credit, In this connection
It may be interesting TO note a tendency
which has manifested Itself OF late, es-
n~ecially In neutral countries Of Europe,
for funds to migrate to this country
TO he kept here on deposit pending a
return OF confidence. Incidentally. the
movement may be interpreted as a strik-
ing illustration of the influence exerted
by principles OF government and the
spirit OF a nation,
Financial Power of u, =, rows,
quite apart from special clrcum-
stances which at present direct a large
portion of the rae OF the world through
the channels of this country, the flow OF
funds above referred to Is adding 10 the
financial power Of the United States by
enabling our financial institutions TO as
sumo heavier burdens I'm the financing OF
the growing volume Of business.
when thinking about the huge inter-
change OF commodities of which this
country Ii the centre. we are uncon-
sciously led TO consider its future infu-
ence on the foreign exchange situation.
The problem Is too vast and Is shrouded
In too many uncertainties to admit OF
definite conclusions as yet. For The time
being II looks as II Government control
Of exchanges between Europe and the
United States will continue. but when
this control ia released and is gradually
replaced by private credit, everything
will depend upon the degree OF conf
dence with which the bankers In the va
rious countries view each other and the
surrounding economic conditions.
"Reckoning along these lines there
there seems little doubt that the United
States dollar win rank high In the
estimation OF European nations, and
that the example given officially by Spain
will be followed. officially or privately,
by other neutral countries whose ex-
| changes now arc against tho United
States"
The sun., 1918-12-30
Open Credit in Venezuela.

Venezuela A heavy percentage OF
business is done on open credit with
known houses in In Guayra. Puerto Ca
bello and Maracaibo. interest being
charged when payment is delayed be-
yond the specified time. Usually pay
inent Is by means Of bills. with from
three to six months to run, a small in
;ercst being charged, which rises 10 : or
s per cent. for removals. Local banks
charge s 10 ~ per cent. Many firms
take up their acceptances before ma
turlty. obtaining a discount. II should
be pointed out that retention OF ship
ping documents affords no safeguard TO
the shipper, for the Venezuelan customs
regulations permit the consignee TO clear
on a custom house cory ~procurable
on payment OF a fee.
while an endeavor has been made 10
give IN he above notes n comprehen-
sive survey of credit terms in Latin
America, II should be understood that
variations occur not only as between
different trades. but between given
trades In the several countries. Much
depends Of course on The standing Of
importers and their relations with the
shippers. Certainly. wherever possible,
II is desirable for the manufacturers to
got into as close personal touch with the
importers as is possible"
The sun., 1918-12-30
some Merchant Banking.

IN the early days the North Amer
lean republic needed Il close and trt!-
mate connection between the movement
OF goods and banking. This class Of
business was called merchant banking
by some. II is still practised 10 some
degree in tho United States and il
common everywhere outside II the
United States.
by the Mercantile Bank OF The Americas
In tho countries OF Central and South
America practise merchant banking. In
addition TO their ordinary functions In
handling local deposits, discounts and
negotiable instruments and exchaU G
generally. As mercantile banks they
VIII do anything possible through their
foreign trade departments to bring
buyer and seller OF the countries to-
sether. 1t should be clearly under
stood. however. hat these banks do not
trade. that is. they DO not take a posi-
ton or a market risk in merchandise.
They merely act as an Intermediary be-
tween buyer and seller. and receive COM
missions for services rendered.
The duty Of the American domestic
banker in connection with foreign trade
is nc small one. and he can be an i'm
portant factor in developing the busi-
ness OF his clients il he wishes to do so
Very little training is necessary. All
the domestic hanker has to do ls to
know where to go to obtain good advice
and service, h facilities mentioned
are al the full disposal of all ~iudcpend-
ent banks throughout America"
The sun., 1918-12-30

Labor shortage has ,rrcrr.rel ~ con f.
extent recently with tha oG'2a. 80 ~
lirery and artificial. flower AND ici'.'
shops. according To a report ~ Of Ne.
chants Association. hI' TIA condition
expected O . % Doe overcome. aT ar
f%acturers are rapidly recruiting ,-f'-
their skilled employ eos.
The sun., 1918-12-30
DOLLAR GAINING IN
EXCHANGE MARKETS
Company Official Re-
views Financial Situa-
ton Abroad.

Foreign exchange experts declared
yesterday that the United States dollar
will rank high not only in the estIma.
ton OF European countries. but in the
increasingly intimate relations between
this country and South America. 6. Metz,
assistant manage OF the foreign depart
men OF the Guaranty Trust Company,
halls the recent grant OF a credit of SIS
5000 0 to the United States by the Gov
eminent of Psrr a. a first step, which
should be followed by other countries In
that hemisphere. Mr.. Metz said:
"A welcome sign of growing interDa.
tIonal confidence and closer relationship
between the nations OF the American
continent has been afforded by the credit
arrangement concluded between the Gov.
ornaments OF Peru n the United States.
While the amount of this credit is mod
crate, 1t is significant for the reason that
negotiations in this connection have been
p~rotractod and at times appeared to be
destined to fail.
at may not be inappropriate. there
fore, to look upon this transaction as evil
dence OF returning confidence. This does
not imply that such confidence was not
felt before in ruling circles In South
America, but there are always widely
prevalent popular misconceptions to ne
overcome, and It Is in this respect that
the glorious termination OF the war has
exerted n powerful and far reaching In
huence.
The sun., 1918-12-30

minds OF the people OF the North Ameri-
can republic turned so much az TO latin
America. Spanish is probably the favor
tie foreign language being taught in
these days for trade purposes. Il Is
being studied In every hamlet.
THE people OF North America. taken
as a whole, have been provincial UP to
their entrance into the war. but they
learn quickly, and after the war there
will be thousands of men who will axe
up foreign trade and foreign banking as
their profession. the Fedora. reserN 9
act has made very good provisions for
these relations. and it remains for the
bankers OF America to make the dream
a reality.
Bearing In mind the system OF the
Germans and others, and by analysis
reducing the business az conducted by
them to It's elements. II is found that the
undeveloped countries TO the south con-
tain just the same factors as the unde-
veloped n under capitalized sections
OF the North American republic-
The sun., 1918-12-30
Obstacles in shipping.

That is is not all. Even X he Is
only acting as an agent, It often takes
much time to get the goods from the
port OF entry 20 some customer up
country. This Is go IN such countries
as Argentini. Chile. and Uruguay. with
their extensive traffc facilities. When
Il comes to sending merchandise to less
accessible districts OF Brazil. Venezuela.
bolivia. Colombia or Peru. the diff
cuitles are Immense. often involving
several transferences. perhaps transport
BY pack animals or human p~orteTage.
Up country purchasers arc VIGOROUSLY
slow payers. In any case, three 10 six
months may easily clapse between the
time a bale OF cotton goods or a crate
OF hardware arrives AT the port OF
entry until 1t reaches the hands of the
retailer. to say nothing of the Gus
toner"
BY countries the GG-err article con-
tinues:
"Argertina.-A considerable amount
of business liz done with the big houses
for spot cash. payment being made
through the purchasers ank or ship
ping broker against documents either
az works or ct port Of shipment. On
the other hand. hills ut GO and 90 DAYS
aTr quite ommon IN some cases ia
terest. usually at 6 per cent, Is added.
Bills may be drawn for payment in
Argentine dollars (gold) or pounds
sterling either In London or Ducnos
Ayres. The Government usually pays
for goods by warrants. maturing In 6,
9 and IL months. In Rosario and dis
trict merchants generally require 90
days credit after receipt OF goods. In
Mendoza and up country 90 70 12o days
are required fo- heavy machinery as
much as 100 10 l5h days may be de-
mand"d. Local bank rates range from
5 to l2i. per cent.
The sun., 1918-12-30
Argentina Helped the Allies.

at Is interesting to find that every
one OF the principal South American
nations Is In a distinct position. ms far
as It's financial relations with the United
States and the allles In general are con-
cerned, To the honor OF the Argentines
1t must be said that. although neutral
politically, they have aided the Allies
The sun., 1918-12-30
Ninety Day Bills in Chile.

100 days after arrival at 1~qulque. arc
Customary, Importers paying cost OF ex-
change, occasionally ~discountinE, and
rate for collection. The collecting rate
for Valparaiso is one-fourth OF 1 per
cent, and for other banking centres
one-half, Chilean customs regulations
do not permit of bills OF ladIng. being
made out to order
"COlumbIa.--Eerv little business Is
done on open credit. Usually buyers
require credit for from 80 to go days af-
ter the goods have passed through the
custom house, hut six 10 nine months
bills are common, cost OF discount plus
interest at G per cent. being generally
added. Local banks charge ~ per cent.
Discounts for cash OF epayme Is al.
lowed for at the rate of . per cent. per
mum. Collection rates average from
one-h1lf to f~ive-eighths of l per cent. II
should be stated that many wholesalers
allow retailers II agr~iculturalists six
months credit, so that manufacturers
wh" take this into consideration nat
urally have the best chance.
Costa Rioa.-Many importers are pre-
pared TO pay cash against liberal dis
counts. Otherwise bills are taken for
three or six months, carrying interest
n 6 per cent.
"Cuba.-Credit Is granted for three,
SIX and twelve months, with 6 per cent.
interest added. Discounts for cash or
anticipated payments range from 3 to
8 per cent.
"Dominica.-From four to six months
credit is general, plus interest at 6
per Local banks charge / per
cent, per month
Observation-Disclosures ask for three