Evening star., 1919-09-25
EUROPEAN TRADE
MISSION IS COMING
Designed to Bring to America
First-Hand Story of Eco
nomic Situation Abroad.
BY HENRY w. SMITH.
By Cable to The Star and Chicago
Daily News, Copyright, 1919.

PARIS, France, September ga
big international trade mission de-
signed to bring to America a first
hand story of Europe's economic
needs has now been fully organized
and will sail by the end of Septem-
Der. The mission is the sequel to
the International chamber of COM
merce, which was disorganized by
the war. This year the American
chamber of commerce conceived the
plan Of reuniting the allied nations
In Paris in April. after which Ed
ward A; Filene of Boston, Mass. was
charged with organizing the mission.
Wnlcn. after tour of America, will
attend the sessions of the interna-
Iional trade conference at Atlantic
Cty: efty This meeting will be held soon
a1ter the arrival of the mission. The
members Will be taken on q visit to
the most important cities, Including
chicago, to meet the financial and
Industrial chief and to inform the
public Of Europe's plight. It will
seek to point out the necessity of
iiong-term credits and find some So
luton for the vexed question of
money exchange,
the party will include two members
OF the Italian peace delegation, Sig.
Marconi heading the Italian group.
Ihe other prominent Italians are
b. F. Attolico Of the peace delega-
ton and Luigi Luiggi, president of
the National Society Of Civil En-
g1neers. The head of the French
delegation is Eugene Schneider. the
steel magnate, who employs $4,000
men and is called the Vickers of
France: The leading Briton is Ar
thur Shirley Repn NJ o ~ I,
now on his way to America. OF the
Belg1ans the most prominent is M,
Van de Vyvere. minister Of state.
Sixty Men in Party.
There will be sixty men in the
party, including secretaries and ex-
perts. The principal effort of the
mission will be to present a true ac-
count of the situation Of the allied
nations commercially and industrially
which they feel has been misrepre-
show how countries like France and
Italy are loaded with debts which
must be repaid and how the credit
system must be revived in Europe's
favor or calamities will ensue. Said
Ben H Lamb. representing Mr.,
These men will be given every op-
portunity to meet the biggest men
In America and to lay the ground
work of an International EFFORT to
rehabilitate Europe. The tour will
certainly include Chicago and go far
ther west. This is very representa-
tive company of European financiers
and should make deep impression
on America"
Another spokesman for the mission
said:
zone thing of which 1t is desired
to remind Americans is that we are
still fighting the war and we must
point out the fact that the sentiment
against exports from America to
Europe is fraught with danger to the
world. Once the peoples here get
hungry they may overturn the
governments. 1t is of the highest
Importance that American business
men and the general public should
realize that they must give Europe
their confidence. be patient and ex-
tend credit At this time, for ex-
ample, they do not feel that French
bonds are a good investment. To
overcome this 1t is suggested that
American bondsmen organize to pur-
chase European bonds, issue their
own bonds against them and then
sell them to the public"