Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1919-02-26

/ ana AlDuquerque Journal.D
London, Feb. 25.--1f Germany can
reaa the handwriting on
wall she may see in the low
ering of the barriers of British
trade in Bulgaria, Rumania and South
Russia the first big movement toward
British exploitation OF markets which
the German kaiser and his industrial
magnates had hoped to fence off for
German monopoly.
Americans on the Alert.
There is still another significant
sign of the invasion of that reserved
| field, which is furnished by the pres
ence in Europe of at least dozen
! American financers who have come
abroad it is understood, to consult
| their foreign representatives on trade
prospects in this eastern zone. Amer-
can business men have also been keen
| to observe the British imposition OF
travel restrictions in Scandinavia as
another indication of the awakened
! interest by. Great Britain in markets
in which Germany held a strong posi-
ton before the war and to which
/ German manufacturers confidently
expect to return when the blockade
Is raised.
Although these movements are of
chief Importance to Germany Ameri-
! cans have become convinced by the
4 activities of the last few days that
4 John Bull Is rolling up his sleeves for
1 trade battle. In this connection
I there are two outstanding facts of
great significance to American busi-
:, ness interests, and they have not been
, lost on the financiers and representa-
I ttVts of manufacturers who are now
Y hers.
The first is that, taking a leaf out nj
4 the war book, British interests appre-
I oiate that mobilization of effort goes
| a long way in trade success, as 1t does
| in military success.
The other is that trade development
| depends on efficient cooperation.
Trust of 1000 Manufacturers.
Recent dispatches have told of
big electrical combination that is out
! for trade, Now a lager and more
| general alliance is planned which will
| include at least ,000 manufacturers.
| Government advice to British man
| uufacturerS to send representatives to
| south Russia and elsewhere in the
near east was preliminary to the or
ganizaton of proper intelligence
staff to look after British interests in
new as well as in old markets.
The Industrial situation here Is rec
ognized as serious handicap, at the
moment. in British trade development.
| In financial quarters 1t is also felt that
| British credit abroad. especially in
| America, may be Injured by the nsta-
bility of the labor situation.
1t is understood that j. p. Morgan
was busily engaged during his stay
here in studying the bearing of the
| threatened Labor upheaval in Europe
on international finance, Other Amer
| lean financers are also concerned
with that matter. Mr. Morgan's
avowed errand here was to discuss
with British bankers Anglo American
financial matters, He sailed for home
yesterday on the Aquitania.
Ban on American Goods.
The agitation resulting from the
embargo on American manufactures
is growing so persistent that the gov
eminent must soon state what its
policy is to be- The Journal corre-
spondent was informed at the board
of trade today that the consideration
of the strike question has taken pre-
cedence over the imports issue but an
announcement of policy will be forth
coming soon, The only diplomatic ac-
ton taken by the United States has
been in the nature of an inquiry.
Aside from the agitation by free
traders, who are making a political as
well as economic issue. British sup
porters and even manufacturers are
protesting against the ban on Amcri-
can products.
, One of the biggest food manufacture
ing interests in this country says it is
being crippled because 1t cannot OBJ
tain American made bottles in which
to place 1t on sale here and abroad.
Fabulous prices are being paid for
old automobiles because American
cars are entirely banned.
Second hand American typewriters
are beng sold for $3.50 because Amer
J can makes can not be imported
| The Journal correspondent learns
that II is deemed necessary to give
some form of protection TO British
industries during the transitional
period, but that it is realized also that
! the danger of trusts forming as re-
suit of the restrictions is causing
equally as great anxiety
1t is possible that the government
may decide to continue the policy of
! licensing imports. but with more lib
eral Interpretation than some manu-
, featuring interests demand, What is
nute evident is that the British public
; has got used to certain kinds of
, American made goods and it will be a
hard matter for British manufacturers
to wean them away from Yankee ar