The Washington herald., 1920-04-05
OTHER PRINCIPAL
EUROPEAN TRADE
MARKET PLACES
Bulgaria.

According to an order OF the Bull
garian Devisen Zentrale, importers
are allowed Tin the case of goods
whose importation Is permitted by
law and the regulations OF the Dr.
rection OF Social Welfare) to as
sumo obligations in foreign cur
rency, in order that the merchants
may avail themselves OF the credits
granted them in foreign countries.
In the, future, import licenses will
not be granted in each individual
case, as the custom houses are au-
thorized to permit the importation
of all goods whose importation is
allowed by the Direction Of Social
Welfare, without a special authori-
zation Of the Devisen Zentrale. The
imported goods are to be paid for
in foreign currency received for eX-
ports $50 to 20 per cent), or with
acceptances, by charging to open
accounts, etc.
In no case may payment be made
by exporting Bulgarian bank notes.
by Bulgarian checks payable In
leva, or by obligations payable in
leva. Sales of Bulgarian leva In
foreign countries from ieva depos-
its in Bulgaria or sales OF leva held
Csecho-SlovakIa.
The president of the Bohemian
Flax Spinners' Association recently
visited Berlin to negotiate concern
ing the shipment of fax from Ger
many to Czecho- Slovakia. The fax
Is to be worked up in the latter
country. which is to retain and pay
for 25 per cent of the quantity re-
ceived.
There Is a great demand for ag-
ricultural machines in Slovakia, as
the farmers wish to invest their
money productivity. AS nearly all
Slovak import business is in the
hands Of the Union of the Consum-
ers' Cooperative Association. offers
should be sent direct to this Or
ganization. whose address may be
obtained from the Foreign Trade
Bureau.
France.
The most prominent feature of
French foreign trade in 1919 is the
disparity between exports and i'm
ports-the exports being but 22h
per cent Of the total foreign trade,
as compared with IS per cent In
1913
The Minister Of Commerce, Mr..
Isaak. has circularized the French
chambers Of commerce on this SUBJ
ject and has urged them to devote
more attention to the export bust
ness. The industries have sufiicient
domestic orders and neglect foreign
business, which. on account of lack
of transportation facilities and otn-
er difficulties. does not appear re-
munerative enough. The minister
sees great danger In this develop
ment, which could lead to a gradual
exclusion Of France from foreign
markets.
However. the value of French ex-
ports to the United States increased
from ss6, ,0oo. 900 in 1918 to S163,soo,-
900 in 1919. The chief articles
from the Paris consular district
were: Antiquities, paintings, stat
ues, furs, diamonds. pearls and
precious stones. feathers. gloves,
perfumes. silk. woolen and cotton
goods.
A number of members or the
Chamber Of Deputies have formed
q committee under the leadership
of Mr.. George Gerald for the pro-
motion OF French foreign trade.
The Austin Motor Company,
which manufactures tractors in
Northfield. England. has decided, on
account of the great and increasing
demand, TO enlarge its French plant.
The latter was established in 1911
and Is now to be reorganized as
societe anonyme with a capital of
100000 francs. The factory. which
is in Lavicourt In the Department
Disc. Is to build at least 1000 trac-
tors in 1920. first with material from
England, later with French. The
sales are made by the Paris firm
TIL. Pilter. the head of which has
become director of the new COM
pany.
I. The French government has pro-
hibited the expectation of rawhides.
undressed furs. skins and dressed
horxa. calf and conNhidAa