Cheyenne Wells record., 1921-12-15
REORGANIZATION NECESSARY TO
X. BRING COMMERCE suREAu
UP TO STANDARD.
HAS CUT EXPENSES
MAKES SAVINGS OF OVER $4,000,
600 OUT OF APPROPRIATION
OF $24,222,1s2.
,ws..rn S,uspsp.f uplon Se., ss'les.'


Washington. - Secretary Hoover
In his first annual report, maze pun
lie. tells President Harding that the
establishment OF a real department
Of commerce. effective in service 10
producers, manufacturers and dis-
tributors, able to give economic IN
terpretation of Importance to the
American public generally. and 10
stimulate American trade and mef-
chant Marine" requires "a thorough
reorganization and entire regrouphe
of the federal functions bearing on
these problems" He adds, however,
that inasmuch as these matters are
now actively before Congress and the
administration it is not necessary on
this occasion to enter into discussion
OF them.
LAS / assumed office on March 4.
1921" the commerce secretary writes
the president, this report covers but
four months of the administration OF
the department under my direction.
The new administration during this
four months devoted itself to two
primary questions:
First. Reorganization of the de-
partmental expenditures.
Second. Reorganization OF those
bureaus concerned with industry and
trade. that they may become of more
effective service to the community.
"The results of reorganization en-
abled a revision of the estimates OF
expenditures for the fiscal year 1921
20, SO that while the total appropria-
lions available for the department
for this period are $24,222.192, yet
1t now seems probable that the ex-
penses during this fiscal year will
approximate $20.200.000, showing
total saving Of about $4.000.OOO. or
16 % per cent. of the available ap-
propriations.
THE results OF reorganization OF
the bureaus concerning industry and
trade are in part indicated by the
increase In volume of demand upon
the department for helpful action or
information. These demands have
now reached a rate Of more than
100000 per annnm.
THE further practical results to
American commerce and industry Will
be more evident later in the year
and comment upon them can best he
deferred until results have been fur
ther realized"
Secretary Hoover calls attention
that while the total foreign trade Of
the nation decreased by $:,176,626.-
900 during the past fiscal year. there
was q slight increase in the visible
balance of trade In favor of the
United States as result Of the years
operations.
Exports for the year tOtnlled So
:3S5, csc, ,O39 against 81 $50, ,49, 1870 the
year before; while imports were $3,854.-
449, ,4SO against $5,23s, ,352,1l4 The bal
ance OF trade for the year was $2,-
731 ,lS8,6O8 compared with $2,I1l ,SO7,-
5l2 the year before.
Part Of the shrinkage in the value
Of foreign trade ~ due. the report
says, ITO lower prices rather than 10
diminished quantities and part to the
general unsettled conditions In the
countries TO whom the United States
sells.
ut is, therefore, increasingly ini-
por,ant," 1t is added, that the serv-
Ices of the bureau OF foreign and do
nestle commerce be developed and in
tensified to meet the increased de-
mands Of American manufacturers
who are planning to hold and extend
their markets abroad"