Evening star. [volume] (Washington, D.C.) 1854-1972, 1919-07-13
PUTTING PROD" TO PRODUCTION

able to supply the deficiency. but If
such strain 10 to be put on the Ameri-
can coal mining industry, that fact is
Of Tremendous Importance to the
United States coal producers They
must be able to calculate how much
to mine in addition to the normal de-
mands OF the American market. In
this connection it may be well to note
that the federal officials are now ad-
vised that two great American coal
corporations are being developed to
take over a big part of the coal trade
Coal Th nf the
the Consolidation Coal Company of
West Virginia, with Headquarters in
Baltimore. The bureau of mines re-
port shows by countries a need for
oO.oe0.0O0 long tons in western and
northern Europe that must be met
by imports.
There is third big avenue that
opens up before Mr. Cutler in his
quest He must
Seeking the Best find out what
o.. sort of an organ
from the United States Department of
Commerce would be most servicable
sides of the Atlantic. The choice
seems to lie between an investigation
of particular market needs and the
establishment of trade commissioner
OFFICES to aid in the actual transaction
Of business as 1t occurs.
Tho mhet nrnpoiv;Do Faa tnra re tha
latter system would be the possibility
Of exchanging American commodities
for European materials by a process
OF barter, with the balance OF credit
or debit on either side expressed by
banking practice. This would aid
materially In solving the problem Of
financing export trade which has
been engaging the closest study of the
leading financiers Of this country and
for which Congress is preparing legis-
lation.
The government officials and indus
trial authorities in this country have
reason to believe
Goods Ready that there are vast
for Dumping. ,u esr ., mat rnros
pean countries accumulated during
the war, With a design to dump on the
American market at prices that will
destroy the American Industries.
about which much warning has been
given, especially to Congress. These
stocks consist Of hides, ores. cereals
and other commodities. all NJ which
have ready market in the new world
and might readily be EXCHANGED for
things that Europe needs. in the way
OF clothing, construction materials,
farm machinery, etc
still another phase of Mr.. CutIer's
mission will be to look over the port
facilities that have been created dur
ing war which might serve as dis
tributing points for American mer-
Mr.. Cutler sails on his important
mission, which should be epoch-makins
for American in
A Mission of dustry, on next Fri
Y,.: day. His major in
vestigAt:on. it will
be noted. is on Industrial conditions,
to meet the heads and operators in
the various industries. For this he is
particularly well fitted because he has
had twenty years of practical expert
ence as factory man and salesman
During his absence Philip B. Ken
needy will be acting CHIEF of the
bureau. He has strong standing
with American business on account
OF the excellent service rendered as
commercial aftache in Melbourne FOR
two years and in London for the last
year. He was in Melbourne during a
very trying period previous to the
entry Of the United States into the
Wat and 1t was only by his unfafling
talent Of diplomacy and good-fellow-
ship that prevented serious trouble
Previously Mr.. Kennedy was a mem
Der Of the New York University fac
uify and had considerable experience
in practical business
r +
The Department Of Commerce an
nounces that Mr.. Cutler will make
special study Of the
To Study financial aspect of the
r foreign trade situation
FINANCES. in the reconstruction
period Such matters as long-term
credits, reliability Of European pur-
chases. validity of various sorts of
instruments Of payment and the like
will be included in his investigation.