Evening star. [volume] (Washington, D.C.) 1854-1972, 1920-09-12

price of newsprint there has been
rapid. Newspapers in Bahia. Brazil,
have reduced their size and increased
the price from ~ cents to 5 cents
copy In June, 1919. newsprint could .
be obtained for $40 ton. The July.
1920. quotation on American news
print for Brazil was $3.50 a ton.
A new banking institution. known
as La Previsora. located in Guayaquil.
Ecuador. has been opened recently
with a capital of S140.S45. The shares
are held by bank managers. mer-
chants, professional men. small capi-
talists and salaried employees. and
particular attention is being paid to
savings accounts of working people :
and school children At the end of
the first month of operation. reports
received here state. 656 new accounts
had been opened.
United States exporters must adj
vance credit to Haiti. which will COM r
pare favorably with that extended by
the merchants of France if they wish
to hold the trade won from that coun-
try during the war, according to AL
bert Bianchet, secretary and charge
d'affairs of the legation here. During
the war the United States practically
took over the trade of France and
Germany, because of their inability to
maintain shipping. AS result. ex-
ports from the United States dou-
bled. But American exporters. it is
said, are unwilling to give the Haitian
merchant the credit he receives from
France. and he is gradually resuming
his buying from that country. Prac-
tically all the coffee and cocoa raised
in Haiti is shipped to the United
States.
Charles Moravia, envoy extraordi-
nary and minister plenipotentiary
from Haiti to the United States. re-
turned the latter part of last week
ho hsn ff,v
more than a month.
The State Department has notified =
the government of Cuba, through two
statements recently made public in
Hvana, that the United States will
make no attempt to supervise the
elections which will be held there
within a short time. and according
to information obtained at the state
Department, Cuba has assured the
plications or difficulties as a result
One rumor heard here was to the
effect that because of the United
States refusal to supervise elections
in Cuba. one of the parties wouiUt
withdraw. But this is secuted at the
State Department on the strength OF
official advices. -
The ousting of Gen. Montafvo as p,
presidential nominee and the naming
of DR.. Alfredo Zayas in his stead. AZ
a result of the conservative popuiae
coalition pact. has eliminated the
danger of violence at the elections,
President Monocal. in Havana dis''
patch last week, declared. 90
One Of the diplomatic affairs OF in
terest which will take place in Wash-
ington this week is a reception to Presl.
dent-elect Porras of Panama, who VIII
visit the National Capital in response 10
an official invitation by the State De-
partment. which was extended 10 MIN
through the legation here
DR.. Porras is well known here.
where he served as minister from mis-
country before taking the pos. OF
chief executive. A reception mas peen
planned for him at which many on o.
the South American countries WIN
Represented. /.
DR.. Porras characterixes the estao-
ilishment of the Pan-American CoIlege
of Commerce. to be opened IN ran
anna city in January. as the most
statesmanlike step that has oeen-
taken in practical pan-Americanism
He gives DR.. Clarence J. Owens.
director general of the southesn
commercial congress. credle 10, Ie
idea of establishing TINS co
economic reorganization. made unoerf
tho direction of DR.. Porras, the con,
eress now in session in Panama VII
take mn laws submitted by DR.; owens
relating to rural credits, laho Ies
tration, agricultural extension system
and the distribution of marketing.
printed books of all kinds. reviews,
newspapers, scientific or literary pun
locations. georaphical MAYS md te1t
hooks are received in Argentina Tree
If duty. and because many sucn pur
chases are being made In the .hl.su
states, the Department OF Some
their
ment. Payment for such materiai ~
ARGENTINA. it is stated, can pc mace Z
oniy upon the receipt OF TWO COPIES
Of the invoice. and in order 70 taet,
tate this commerce. when IS
from an educational and nterary
,,;oWnoint dealers should remember
70 send the original and a copy OF
the hill with every shipment
omcial estimate for the 1s2o-2i =
oo1as cron of Brazil. according to re-
norts received here, is S.S2S,ooo oaEs, .
trhich ia considered very goou. ~
~eneral according to these Reports,
II is noticed that the DAMAGES IIo.
and in MANY districts the coffee trees ::
in iured at that time are already pear
inc Rut extraordinary shortage OF
iahor which has been felt in some
districts. may result IN losses IN @
anal crop. 1t is stated. Since ias. =
Years demands absorbed practically
al the accumulation. no difficulty Is
expected to be found in securing -
market. y
Catalogues and other literature arc
desired nv the recently organized
American Chamber of Commerce IN
Bolivia" the Department OF Som
merce has been notineo- nary
Harper. at La Paz, is secretary OF
the chamber. 80