Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1920-08-20


ylrpii.. ,f s.ik and go H ,nnsidrflh lr
extent. e roil owing 90 speculation in
tnsl and uuY facilities fur handling 81.
tn hariu NJ Genoa u now cung'sied
tn present supply h being gradually
cutsum,d. nevertheless. and n"w shin
mrnis must ro forward IN %" nll. th'
r"ed BE- mon PRESSING 90 this hour Th'
pressure which Italy viii haY" 10 bc.u
win drTsnu upon general business con.
di'iune throughout tn World italy b.
ru'.'rins unN from "a shortage ~ co
drrs iu silk. cotton rubber, and uih'r
commodities hut h'hryr This rHndi
'iun viii ip ~ short duration. Tho
brmd Notwithstanding viii make % So.
'Thc matter uf rnss production h1s
been approached hv ih' r'w industrial
generation irt'l'igrntly u problem.
are pplrc' ii'"d and ih,y ave being
worked out carefully ~ Instances az
l'liys ability o. manufacture on
large scais may he mentioned the Fiat
motor concern a. Turin the rardli
rubber works roo Milan the AuUlHU
3'r,i plant ~ Genoa and many nihD
plants AZ ~ Ties" are TrikinE'y d.W
unsirRfiye ~ tho fact that M" new
generation q Industrial managers m'n.
surns ur iu ability o. handle mass pro
ductiun efficiently with those ,f ans
cumurtiur HHiiun
"rh. nuI. condition with SONS
Hlirhi difference prevails IN ihr field
~ h1nkinr AID linanc. MANY financial
institutions formerly controlled from
gpruan, are row under runtrul ~
l'aiians and ihsy llN, found lnsuiu.
iirr IN their ,fiurts o. promote indus.
IT, Of
o. Keep 'hcir ambitions within "nr.
trol. So far they hay, been very help
nj o. ~, uuhuilding ~ the industiss
~ ~ oounirv
This growth ~ Industrial enterprises
which II now assuming such AN On
couraging aspect H. going ~ u.sss
state rapii Increase in IN" areas uu
dr. cultivation fu fuot u b. question
able whether the intensiyrucss II cul
iiyaiion could b. increased but rrp.
scts fnr IN ',cl1mliion ~ land nlnns
The rivers ard adjacent Go the 80 ar
lntlsr WY and th.s. forecast large in.
crsrsvs IN the com and other cereal
, areas large enterprises u this char
actcr are hoipr pushed forward. hut
others viii h1N" Co b. undertaken h".
for- Italy IL able a. supply her own
foods. IN season and ont ~ season
r. "-' H. encouragement IN the fact that
al the things necessary 10 'ftthiish
productive capacity arr being u.rgrti
cally ard sanely provided
Il do not mean to imply that an t.
going o. D. easy sailing for lD'y. Sh'
hos \ great debt a. pay and will De- abb
to lnv Il only out ~ surnlusrs. and
the ability e. pruduce these sIrnlusvs
win be- measured hy the united efforts
- agriculture industry banking and
commerce. The viii o. d. u there Men
with cpncit" and Judgment are a.
hand Foreign financing will he nee
essary and each effort IN this dircc
ton viii ha," 90 stand on il own m"r
it, IN cufnrtition with the world d.
st NDAY-AL TWO o.. o.. o., Gee.
ITALY HANpLiN . o.. o..
nand Tor credit There seems to be-
svetv assurance that cooperation be-.
tween ne financial and industrial In.
tcresis q Italy and the avenues 81
credit abroad will give Italy her share
IN. eVchanec situation IL rad, hui this
l. not entirely an unmiN.d EVIL II n
enforclHc economy upon many coun-
trios which would otherwise never hlv"
undertaken a.
"Th. commercial rrohlems ~ italy
ate not Different from those q other
European countries. They viii AL be-
worked oui ~hcn they are thoroughly
understood l vas fur the purpose 90
DEVELOPING this understanding that the
International Chamber - Commerce
yas brought into being This body has
already done sune very effective and
practical work. Its organization has
been completed and building has been
leased IN rnris fui is offices. All q the
first class nations outside of the United
States, Great britain. France. Italy
and Belgium. Witch were the organiz
ins nations have been asked Ia CO.
! OF,c~ste They have been prompt In In
dicating their willingness e. d. 50. II
l. hoped that he next annual mctiing
which viii b. held In London next july
will bring together all the larger hank
ina and commercial Interests for a FREE
discussion ~ the economic situation
From thcse discussions. practical and
unofficial. Il j. hopcd that a solution