The Appeal. [volume] (Saint Paul, Minn. ;) 1889-19??, 1920-01-24
Slump in Money Value Brings
Big Profits. s.
ALL EUROPE IS AFFECTED
American Changes His Good y. s.
Money Into British, French or ital-
ian Currency, Then Buys Goods
Which He Ships 70 TIE United
States, Where, Because Of Imitation
Of American Dollar, He Reaps Big
Profit. q.

goods in England Franco .nd 1toi1
for shipment q tfa Irnitad stotos oro
waxing Fat rs ! 5rra1.ssnlt - ~tha, dsnroo;
alton Of stba no,,nd starlins Stha frono
and Ira accorsiino = estor,as no.n ao
ing the rounds of rho Nam Vel W 'u 49, ~
sale district 8 - - - wv
Tho onlv ..av n ~. o,n4 ,., ~ g.
tho Amor;con h,,aas h.aa, :. ~. ~.
fact that ~ . nnesidont,a, 49, 80. .ne
erai weeks 400 tnn,tod sta+os =. ~, , su
are re rannirods - Eo.ao,, t.ah' -, -,
chases ascer+sIn INC sa1,,, ,r; ae p -,
NJ -, 80 - - 800 re, Z. anu
cnstoms sau,thorif,o. 1Than =, &C.,
,np thae rata ~ a.cha Il =, ~ - 81.
Of nnrchasa tho aoyar,, - - :, go =.
to sat . nrona. % - ~ :, - enapsu
for tbo .oa;, Co., .uRsu I've soous
co,,.t - o,aissa oainppit uu.les' a
a1,oaod - ~, 1850 W. WAT arc
= = :, un - 49, ! appfaisais:
How Y ls Done.
Inc situation is said to be somewhat
IKE this: s..,sEz II
An American buying pound sterling
say on December IL. needed to pay in
american 81 1e. an money only $Sf6 for British
currency normally worth about $4.S7.
NOW ne goes to a factory in Noting
man, England, to buy laces, and there,
although prices OF course are higher
than before the wal, he pays:for them
I'D tnls' appreciated money and makes
a handsome" profit. Then he ships
tne faces to the United States, where
oy reason or the imitation OF the Amer
lcan dollar, they are retailed for from
AVV 70 loV per cent above prewar
prices. j.: >17t--::.:-@> :. II -.
The same Importer, on the same
GATE we VIII say, goes to France. In
Parls ne has exchanged his American
aollars Tor francs 'Blllcs Normally there are
o'lo7s francs q 20 the Collar, but now he
nnas oneezz1ahkeess - nole Ela will buy
ii'oz Irancs' ABOUT 1.[,1'l s6O per cent more
'nan . before the war me price OF
SILKS $ mas gone up, but ne goes to Ly-
ons' ana there, With his deprecated
French money, he buys more than he
mas ever Dough" before at bargain"
prices. The silks reach New York,
where they are sold to the consumer
at double their heir former retail price.
Next this Importer visits Italy,
where he finds the lira, Ssh Of
which, like the FRANC, could be bought
for one American dollar, now at q vast
discount. In fact, he receives 1347
Ira for one American dollar and, well
financed, he goes to Naples, where he
negottates the purchase Of tapestries
costing' OF course more tnan in 1914.
W. IL realty cneaper "h Ilea purchaseo
Will 'i'e present itaii .'' currency. :,
1ne same nnahclal cohultiohs exist
all over EUROPE rope ana u tne former
central empires Oh course tney are
reported 60 m tillt. worse. IN the all1eo
countries however however, "n 1l tnere Is ma
t'onal s'aD'll'y anu greater aD1ilty 10
pay' Tue the uepreclateu money ~ erect
ing solne strange cllanses' a uinnes !.
"nien, ueloie inc "ai' ~ IattS cou ~
De nau LUZ a. nol@n lEal SUM- 'lI' nov cos'S
hrom ~ ~ % iiancs. :.... r =.
=. nellsan anulaI.u.els' near
"e' "no uesit lsS ~ st7i! tlelr ptouulc !
aplvau' are ueni Ia "! payment u
Amerlcah uo1lars at par. hecentiy the
neigian government az IS sala' soouent
~ american 'ocon'o.lves' ior winch
payment ihsteau eau OF Deing u b 'ea'sttQ
money WIS ue!nanoeu IN sAAn ltIsln
ooliars' mus aoolng 1rom 10 % ~ pc.
cent, 10 Tue manufacture! !t Norman ll
p.onl Na'u l' .ils 50. ulscourhses iot'
e'sn guy. puy 49,. =5:
? Cancels Big Orders. -.
On the other hand, a big American