Vilas County news. [volume] (Eagle River, Vilas County, Wis.) 1896-1927, 1923-08-15
OFFICIALS OF DEPARTMENT
NOW TURN THEIR ATTENTION
TO LATIN-AMERIcA.
SEE TRADE CHANCES THERE
Promotion Work in Central and South
America in Behalf of Our Exporters
Is Being Expanded-Commissio
at Strategic Points.
Ry EDWARD 3. CLARK

"dF-stflcKen countries get back on
their feet, Department of Commerce
officials are impressed with the oppor-
tunity of American business men to
$ increase their trade with Latin-Amer-
ica.
Increased money available for the
bureau of foreign and domestic COM
merce of the Department of Com
merce on July has given an oppor-
funity for expanding the promotion
work on behalf of American export
ers, which is being done in Central
and South America.
Exactly twice as much money Is to
be available for the fiscal year just
commenced for promoting commerce
with South and Central America as
the bureau had for this purpose in
the fiscal year 1920. The new APP
preparation for this one purpose is
100000 Secretary Of Commerce
Hoover recommended to the budget
bureau an appropriation of $25O,OOO
for this purpose, but the budget direc-
tor cut the sum to 100000, which
met with the approval of congress-
This amount, besides being twice as
great as the sum available in 1910 20,
represents an increase Of $29,350 over
the appropriation for promoting COM
merce with South and Central Amer
dca the last fiscal year.
Men at Strategic Points.
When arrangements are completed
In the expanded work in Latin-Amer-
Sca, the bureau of foreign commerce
will have men stationed at ten or a
dozen strategic points. 1t has been
planned to open new office at
Bogota, Colombia. Carlton Jackson
has been assigned as trade commits
sioner to take charge of the work at
that point. Mr.. Jackson also will ad-
wise the bureau as to feasibility of
opening an office in Venezuela.
Trade Commissioner P. L. Bell Is
being sent to make a special survey
of markets for American goods in Por-
to Rico. Greater opportunities for
American business men are to be
found in Porto Rico, officials of the
bureau believe, than is generally sup
posed.
From Porto Rico Mr.. Bell will go
to various Central American points.
a new office is to be opened at Per-
nambuco, Brazil. This office will be
under the general direction of the
commercial attache at Rio de Janeiro.
Another new point to be reached by
agents of the Department Of Com
merce is Montevideo, Uruguay, where
a man from the Buenos Aires office
will be sent at frequent intervals.
Seven regular officers have been
maintained in Central and South
America the last year. Commercial
attaches are stationed at Havana,
Cuba; Mexico City, Mexico; Santiago,
Chile; Rio de Janeiro, and Buenos
Aires, Argentina.
Trade commissioners are stationed
In Peru and Colombia. These existing
offices are to be strengthened by the
addition of minor employees.
Europeans Active.
The commercial attaches and trade
commissioners now in Latin-America
are making reports Of activity dis
played by European competitors of
the United States. In spite of this
activity, Doctor Klein, in analyzing
the latest figures on exports and i'm
ports, points out that there is ade-
quate and convincing evidence of the
steady Improvement of inter-Ameri-
can trade in both directions. Exports
from the United States to Latin-Amer-
lea were $56,624, $3.50 for the month of
May. as against SAL ,539,571 for MAY.
1922, or an increase of SO per cent.
Exports for the IL months ending In
May totaled $540560,947, as COM
pared with $453, 137,039 for the cor,
responding period Of the previous
year. or an increase of 10 per cent.
There is general improvement in
trade prospects for American busi-
ness men in Latin-America, Doctor
Klein points out, because of the more
favorable export market for Latin
American raw materials and better
prices obtained. Prices have been
more favorable for sugar, hides. wool
and other products of Central and
South America than previously. and
greater buying power in Argentina
and Chile is made possible by larger
shipments of iinseed from the former
country and nitrates from the latter
The more favorable market for
Iatin-American raw materials is
shown by the record of imports into
the United States, which amounted 4,
May to $116,509,SS6 as compared with
S74,461 ,297 in May, 1922. or an in.
crease of 56 per cent. For the II
months ending in May, imports into
the United States from Latin-Americo
amounted to 1894. So, $40, as against
$500, 171,919 in the corresponding
period of the previous year, or a gain
of 81 per cent.
To Explore Colorado River CANYON
Col c. III. Birdseye, chief topooranh