Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-12-07
AMBASSADOR RlCCI :
"a.
REVEALS HIS PLANS Al!
Hopes toeFeuf-Fo Oh !!
Of . ''ta'y's Trade &. With
! !, This couptry.,..,,:~ :. IS.
- ~, 80,
AhUARY:<2 }!
= $50 81 ~ : =,
Will Endeavsr' to Have aBasiaes'
Men Enter Into Directs8els.
tons With His Peopie. =
BY EDGAR ANsEL MGWhEII

BY EDGAR. ANsEL MdWhER..
BY Cable to. The Star and Chicago Daily News.
Copyright, 1921. =.
RoMEsA December 1.-THE new Italian
ambassador to. the United States. Sem.
ator Vitotio Rolando' Ricci. will sail
January, IS Tor New York; He repre-
sents new rdep&rtsir in italian diplo-
macy" and comes hoping to increase
ltalian-American trade four-fold. Gen.
orally the Italian representatives to
foreign governments are chosen from
the so-called closed diplomatic CORPS
composed of old-style, diplomats. but
Prime MipiSter,Giolitti departed from
this custom and caused a sensation by
appointing as the new ambassador to
the United States a man from active
| life. !:
kolando Ricci for almost forty years
mas been ,practicfHg lawyer in Genoa
and stands high at the Italian bar. He
is perhaps best known for his ability in
organizing several years ago what might
be called the Italian steel trust In
every sense he is a practical man. Yes
terday the new ambassador received the
outlined his plans.
Italy's Economic Situation,
|----4talyls present situation demands
economic rather than diplomatic repre-
sentation." he said. THAT is why I
was chosen and. why / accepted, For
that reason I shall spend much of my
time In New York as well as in Wash
lngton. want to see and understand
all OF the United States, and as soon as
l have presented my credentials I ex-
pect to visit all the principal cities and
particularly those WITH large Italian
populations. 1t is far more important
for me to. meet your business men and
q nj yhVNp .sgk..
My chief task will be to- persuade
your business men. to. enter into
direct relations with Italy. Today
capital is scarce in the United States
and interest rates are high. Nearly
all the trading with Italy is done
through London, but why should not
Italian exchange be decided directly
between Milan and New York without
. passing through Paris and London !?
Why should not the United States do
! business with Italy through our
larger banks instead of using the
British banks? l. believe that the
trade between Italy and the United
States can be increased four-fold.
Plan for Use Of American ships.
MY plan for the use of..American
ships is this: American ships will
bring ca-goes of half finished goods
! to Italy. coming to Genoa Naples or
! Trieste. then take cargoes of cheap
Italian cottons and other products to
oriental or Black sea ports and re-
turn to Italy with loads of wheat
They will find cargoes Of central
European products at Trieste or, they
can make the short run to Spain
where they can easily find cargoes
either for the United States orr for
Britain.
"This needs imagination and dating
and unless the Americans show these
they will never be able to compete
with the British and had better re.
1inQuiah- the idea of foreign trade.
We believe that an Italian-American
combination would prove highly
practical and Of great benefit to both
countries. L shall try to. persuade
American. Business men. of this. q TN.
derstand. we do not ask for cap5tal:
what we ask is cooperation and
| direct contact a-.s T.. II %:.,.s' :
No Real Bolshevism in. Italy.
Americans seem to fear Italian
social unrest" the correspondent .sug-
They are wrong, was the reply.
, Every one who knows Italy realizes
| that theEesis, no fear Of real bolshev-
ism heres italian industry is tending
to reorganization on a cooperative,
profit -shaffng basis and the sooner
this happens the better. We have
had to overcome the opposition Of
some of our business men who are too
lYnasterful. Italian industry must and
will tend toward specialization where
the shortage of raw materials will
not matter and skilled labor will ind
effective employment"