The Washington herald., 1920-04-05
Russian Economic Chaos
Suddenly Changed to
Constructive Unit-Ra-
cial Greed Of Germany
May Prove Salvation.

goods not necessary to the economic
life of the country. The duties are
to be paid in gold in such a manner
that SO per cent Is to be paid in
pounds sterling according to the
rate of exchange of the day and the
remaining 50 per cent also in
pounds sterling but according to the
rate OF one pound to $3.50.
Importers must secure an import
license from the minister of finance.
In the case of imported goods not
affected by this decree, the import
ers are obliged to present at the
customs house a signed declaration
In duplicate stating the destination
of the goods, their quantity, origin,
value In the country of origin and
the total value including all trans
portation and other charges.
In the case of. exports and re-
exports an invoice must be pre-
sented made out in the currency of
the country Of destination, with the
obligation to sell or turn over to
the general commercial and ex-
change council so per cent of the
foreign. currency received.
RUSSIA.
Until very recently the European
press was full of notices picturfnE
the absolute economic chaos in Rus
sia, but reports to the contrary are
now beginning to appear. A Brus-
sells item states that a commission
OF Belgian and French engineers re-,
ports that the military successes of
the Soviet government have extend
ed the latter's influence to the in
dustriai territories, but that the
workmen of their own initiative are
protecting the factories and mines
from injury. 1t is impossible to
predict, however. when normal con-
ditions will be re-established
London dispatches state that the
most important factories and shops
are keeping their plants open as far
as possible, although the number of
workmen is greatly reduced.
Jugoslavia has accredited a pleni-
potentiary to the Soviet govern
ment. The Italian ministry Of COM
merce and industry has sent to the
London committee for the exchange
of merchan lise a list of goods which
can be exported from Italy. The
secretary general of the Russian as
ISOLATION Is expected in Rome where
1T is intended to establish a special
bureau for the exchange of mer-
chandise.
The Belgian ministry of econom-
les is forming a commission to go to
Russia for the purpose of entering
into commercial relations with the
Russian association. Russian dele
gates have already had a protracted
interview with the Belgian minister
of food supply.
Spain.
A Madrid correspondent writes
that there is little likelihood that
Spain will materially alter it's law
for the protection of domestic in
. dustry, or will depart from its sys-
tenn of a high protective tariff. On
the contrary. il is becoming more
and more evident that the new tariff
now in course of preparation will
be specially adjusted to protect the
national industries. particularly
those Infant industries which
have arisen during the war. al
though experience has proven that
this extreme form of protection has
not had the best influence on the
quality Of the domestic production.
lHC "
have been held this year in BARGE
Iona has been postponed and will
probably be held in 1928.
Turkey.
A business crisis in Constantine
pie is thought to be impending on
account of disturbed conditions and
heavy stocks, and 1t is considered
advisable to curtail exports to that
city for the present.
A correspondent Of the Guaranty
Trust Company in Constantinople
reports that the merchandise accu-
, mulated there Is estimated at over
81, 100000 and that an indetermi-
nate time will be required for it's
absorption. The transit trade to
Southern Russia is estimated at so
per cent and Constantinople's fu-
ture seems bound to that Of the lat
ter country. The banks are very
cautious in advancing on manufac-