New-York tribune., 1920-11-06
Spain Seeking g to
End Dependence on
q / h cr Countries
Economic Resources Being
Developed; Credits Are
Being Sought Again for
Goods Purchased Abroad

Span is making great efforts 20 end
its economic dependence on other ooun-
tries. according TO reports made to the
Department OF Commerce.
Throughout the war. it was stated,
Spain accepted shipping and other re-
s.rietons patiently waiting for peace
and an opportunity to replcnish the al
most exhausted stocks of foreign mer-
caouaise. With the coming of peace,
the Spanish merchant who during the
war had tsen trained in buying in the
Ja.teJ States. Immediately placed very
ls-g1 ,r. 1.r practically everything
from needles ID railroad rolling stock
81 .tl american concerns.
l-a.tlc.cd ln buying abroad our
i-g .t Nsr. tle .9~lil-4-S gan deVel-
llelr ofNil resource s.. owe oil, for
s.eace. ore Of the Seville districts
..tD~l products. before the war was
el-Enea Grade state to Italy, where
B., N. 4e.oe.. mixed WITH Italian oil
ana s.o as s4cn. lhia became impos-
oa4.s - shipping ccD0lt ons and
~o.as OF men began introducing mod
et. n.el 4ods ot T.. .n1ag tne.r OIL.
.el market has seen established
ably never 20 back to their old method
posing of their proOcct TO Italy.
I'D -..Dl. SO e-a az has become the de-
iaas.l for Spanish olive oil tE@t the
.4....t -saCG an cuIcU
90 t7c cacct that for every gallon eX-
ported 4 gallon and half must be de
pl-.-cd b. the exporter with the gov
a. -Ii..ea.. in order to assure an ade-
q-ete supply for nome consumption.
L.,a s.'c production of coal nas also
been stimulated Owing to the war
Lar 4a9os..s of Spanish coal have
teen developed, and instead Of being
Dept1aer. Oh Lla-an4 as before tne
var Spain HOW has large supplies Of
tar csaltE Of indus rial coal. in
the S.vl.4c district mines operated by
ti..sa apital Viii sooA be producing
- quaint tics.
1e.. sass one report to the De
par---tut oi Commerce, "opaln las come
10 l-al1e its economic dependence on
other countries ~ such an extent that
gr-a, .oits are being made to offset
--.s sa4 vantage.
tas3 recontly it is pointed out, all
the cotton -sed IN Spain Was imported
lit F-esent the spanish government IS
n.-n succcsoluI eNper.l.euts IA the
ss Q Det>0n, ana III is Ielt taat ln
supply rhe Spanish market.
al-s- a1se tracts Of land are under
c.,.lls e4.ou and the subject is being
e.t-g studied. Ey the time the
..a4Ie-oa warrants TT textile mills
al.l factories viii he built in Seville
10 avoid Shipment to Barcelona, where
Spalns cotton leNties are now made.
4 Enough throughout the war the dol
lar greatly deprecated lu value with the
ae Of tae armstice j, rose to
par an 1e4gently 10 above normal.
u N-eia tie years of favorable ex-
C. snge from tie Spanish point Of
v.eW. spaaiaras departed from the
c-t4s .is.ea 4astom Of demanding time
1agn ats ana pad cash for merchan-
disc bon bit il tie United States.
>ow taat tae oAc. &c is normal,
hoHe.er. d .gln to the old system is
noticed Ia Spain, and with England and
le. r5 Offering as ,aucl as SIX
months crcait il is pointed out that
Ams can manufacturers wil need to
awe the question of deferred payments
aelr serious attention Il they intend
to compete ~ita Anropean concerns.