The Chickasha daily express. (Chickasha, Indian Territory [Okla.]) 1899-current, 1920-02-25
WHAT HAS EUROPE TO OFFER?
ASK INVESTORS OF AMERICA


pean buyers have to offer as security
before they send their materials
abroad.
Inquiries are pouring into the de-
partment of commerce and labor
here asking for details of arrange
ments whereby American investors
can assure theselves or payments for
their goods either in the form of
mortgages on the plants of the Euro
pean manufacturer or dividends on
stock
Government officials here are of
the opinion the United States nves
tor might in that way assist the
United States producer and shipper
sell his raw, material and to get
quick payment for it. Europe must
have our raw material, they point
out. 1t cannot get it unless it pays
for it and it cannot pay for it unless
credits are extended 1t is the plan
to back these credits up by accepting
securities Of the plants themselves.
Generally speaking, big financial
men are disinclined to risk heavily
in Europe. Government officials,
however, say investment of Ameri-
can dollars in Europe is natural and
logical il negotiable through private
enterprises with safe and sane back
ing
The government departments to
which inquiries are being directed
are inclined to caution Americans to
invest in European Industrial securi-
ties only after investigation both at
home and abroad as to the enter
prises to be invested in and the good
faith Of the American agents, wheth-
er they be trading corporations or
otherwise.
Would-be investors in European
the enormous profits now being
made by English cotton mills, which
are reported to be earning dividends
ranging up to 800 per cent on CAPT
tai stock. Boom time dividends also
are being paid by European concerns
holding large oil and rubber proper
ties.
Queries for information as to the
standing and dividends paid by in
dustrial companies in France, Eng
land and Italy are flooding many
government departments here
Many American business men say
the present situation is like that pre-
vailing when the U. s. was building
up its trans-continental railroads,
opening its great mines and laying
the foundations of great factories
The great American fortunes of
the coming generations are going to
be made through foreign connec-
tions, many experts contend.
At the outbreak of the Great War,
approximately $4,000, 100000 worth of
American securities were held by
foreign investors. All but one quar-
ter ofthese securities were sold here,
according to the best estimates.
Within the next 10 years. approx
mately $3,000000,000 will be invested
abroad by Americans, it is pre-
dicted
Americans have it within their
power to save and invest nearly this
entire sum within one year. it was
said here today. According to Comp
troller of the Currency John S. VIII
liams, Americans this year will have
surplus of approximately $10,000,-
100000 above what they will need
for food, clothes an deducaton. Much
of this must be invested in rebuild
ing American industry torn down by
the war. it is conceded. But there
still will be left vast sum that may
be invested abroad
Europeans will have little left
with which to rehabilitate their in
dustries after paying burdensome
taxes, according to the best observ
ers. England will have a surplus of
approximately $4,000, 100000 above
necessities, or approximately onehalf
of the expected United States sur
plus, officials estimate. France can
muster approximately $4,000, 100000,
ID is believed, and Italy perhaps a
like sum. But from these surpluses.
the British. Italians and French must
deduct their taxes The result, it is
believed. will be a high increase in
in interest rates which will lattract
American dollars, it is predicted.
American dollars placed in foreign
securities and utilities will help the
United States retain the vast export