Evening star., 1921-03-06
BY 1. A. FLEMING.

on enthusiasm once more; as a natlol
, it is extremely hopeful and full o
! faith that the new business admins
! tration. pledged as it is to America
! without ambition to play any part II
! the world concert other than as
good friend and neighbor to goot
! friends and neighbors, will find
solution for the myriad of troubles
that today bother this section of tn
country, and the world in general.
If the world could Immediately re
sumo normal the United States Woult
be in step imm ediately.
That the inaugural address was no
Immediately followed by a sharp re
covery in the security markets was
not due to any disappointment. to ne
omission or. statements made IN tht
address, but rather to the fact una
every one knows that, however Will
ing one is time alone can work ou
the evolutions that will restore oui
prosperity lost through inability OF
our foreign and. to a certain extent
our own home market buying power
Sane safe recoveries come slowly
and gradually. Spurts would but leae
to reactions.
In many sections the recovery |:
progressing at a better pace. The
textile trade. first to feel the public
protest against war prices in peace
times. has apparently rishted ltseif
and mills are increasing capacity ant
giving more employment.
Wooden mills have improved as tt
production. although the defeat of tn
Fordney tariff measure has gwen INT
trade setback,
One reads of an unprecedented ar
rival of foreign woods, that the AR
rivals of foreign wool in Boston ar
eight times greater in quantity thai
the receipts of domestic wool
Perhaps the earl- gathering OF Con
gress in special session will result il
the passage of the vetoed measur
again. with the probable assuranc
! that it will receive the indorsemen
| of the President.
| All Eyes on Germany.
! All war time restrictions have bee
| removed. but we are still technical.
at war with Germany. All eyes ar
| directed now to Germany.
! Tomorrow the ultimatum from tn
! allied governments will expire an
/ the world will know the intention
! of the one-time great central empire
While ostensibly at war with Ger
| many. VIC have. for the eleven month
ended with November. 1920, importe
! from her ports merchandise valued a
sS4.Go0.90O. In the same eleve
=
! 600, 900 worth of merchandise.
In the opinion of some of the bes
; infcrm.d Germany can pay the in
! demnity asked.
/ Germany is still a perfect indus
trial machine-running at low speed
! it is true, but undamaged in its vita
parts. and would respond readily t
| any stimulus"
Moreover. thousands of Germa
! raltsmen are at work in neutra
! countries and in countries that wer
| at war with Germany. seeking to Wi
back business. offering long-t tim
| credits. quick deliveries and lowe
I prices than competitors.
! German articles are flooding Eng
| IL nd-toys. fancy goods. clocks. dye
stuffs. pianos, sewing machines. kni
/ goods and hundreds of other items
at prices with which English manu-
facturers cannot hope to compete.
| On Good Authority.
! An official of the Guaranty Trus
| Company is responsible for thes
| statements:
| one German firm is offering Bose
! magnetos at S. each in cases of f1Vt
| They cost E12 each in London. Man
cases similar are evidenced. ma!
rrice as compared with English quo
| tations being the rule.
! Pcrhaps America needs proteCtlo
| iagainst Germany's cheap goods. 10
! with wartime wages and peace-um
| conditions We could not hope to com
/ pete with her.
The pamphlet referred to also cite
the fact that Germany is fioodin
! Holland" with the added statemen
| that railroads and post offices ther
! had a hard time keeping up wit
| the work involved
Pushing Exports.
! The Association of German Expor
! Firms. comprising exporters generally
! has made classifications Of the ex
| uort markets for machinery and en-
: cheering products into two di
! visions, one in which the competltio
| of the United States and Great Britain
! y not expected. and one in whlc
| such competition will be keen.
! In the first classification the Ger
man plan is Standardization and sim
! plification of all machines and tools
and for the latter policy Of shap
j ing OUTPUT to meet the exact need
| of individual markets. While Ger
| many lacks raw materials and he
! la Dor is not yet as efficient as in pre-
| war days, industrial plants are beini
! operated to their utmost capacity b.
! the systematization Of every process
| and by the amaigamation of allie
; lines to an extent never before at
/ tempted.
| with the exception of East AT
rica East Asia and Australia, all i'm
! portant parts of the world are again
! being served by German STEAMSHIP
! lines, with chartered ships, ships o
| tLeir own. or in collaboration wit
| foreign shipping companies. AL
| German shipbuilding yards are turn
( ing out freight carriers of all kinds
| coal and oil burners and sailinj
ships with auxiliary engines and mo
/ tors
After all. Germany is not SO ba
! OFF.
We may wonder where she OBJ
tanned her raw materials, ii not par
, of the war plunder. Wages ther
/ mist be a 1.-THE of the daily stipend
! he4e
The republican party made it's rec
! ord on protection and may repeat.
From Canada, Business scouts.
Our neighbor Canada is plannin,
| to have the United States thorough.
systematized in the interest of bet
| ter buSiness-for Canada.
She will have many agents in al
| large cities and lit is quite probabi
that when a Canadian ambassado
takes up his residence in Washing
! ton these commercial agents will b
under him"
Business Pointers.
Failures are less numerous. banl
clearings are smaller. representa-,
lessened buying and lower prices fo
goods. Money conditions are no
much easier Demand for loans 4