Evening star. [volume] (Washington, D.C.) 1854-1972, 1928-07-22

EMIGRANT HARVEST Hal
Continued from First Page
cent which again put us in second
place to Germany.
In point of value our imports have
more than doubled, having risen from
pre-war average. during 1910 IA. OF
about $5l 600. 900 to slightly less than
| 500 900, 900 In 1927, In terms of per-
! centaae it is easily the best showing
! OF growth In our imports from any
| European nation.
| Interest in Latin America.
! Italian interest in the Latin American
/ markets Is obvious and Its course has
naturally taken steadily upward trend.
! With the curtailment of immigration to
| the United States the tide has turned
| toward Argentina, Brazil and other at
| tractive areas In temperate South Amer
! lea During the last three years the
| total to the Atlantic seaboard of the
Southern continent has exceeded $4,000
annually. Nearly a third of the popula-
ton of Argentina and more than l.
900 900 persons in Brazil, according 10
some estimates. are OF considerable ltai-
ian extraction. A significant CONNER
cial factor in this matter OF tmmigra-
ton Is the point that much OF 1t Is
| seassnally migratory. Thousands OF
| italian harvest hands through their an
nual trips back and forth across the
Equator, never know the hardships OF
Winter, and this living bond, peren-
nially renewed, becomes potent force
In transmitting commercial and eco
monte impressions between Italy and
the new lands Of South America.
The flight OF Maj. del Prete and Capt.
Ferrarin was something more than a
splendid achievement In the world OF
aviation--it was another link In the
chain of friendship that Italy is forging
with the South American countries.
Italy's Share Rises.
Italys share In Argentina's imports
has risen gradually until today she sup
plies approximately Q per cent OF Inc
total, whereas the portion OF France,
England and Germany has declined in
each case. In fact, Italy and the United
States are the only major commercial
nations whose actual percentages OF I'M
portations have shown steady growth
over their pre-war portions In most OF
the Latin American markets, In volume
the trade is as yet modest. the exports
from Italy to Argentina, Brazil and
Chile totaling In 1926 slightly less than
500 900. 900. Nevertheless, it is growing,
especially with the sharp stimulus OF
eight active chambers of commerce on
the ground and of consistent efforts on
the part of the Mussolini regime TO cap
italize commercially the advantages Of
racial relationship. Tours by the Ital-
Ian crown prince and by several COM
I nsxf t<1zH irR u lie faA
floating trade expositions' have &C
counted In part for this situation.
The work OF the National Export In
stitute. a semi-official trade agency or
gained In July, 1926. has also expedited
this program. This organization has set
about the creation of competent infor-
nation service. the analysis OF export
prospects the coordination OF Italian
banks and insurance companies In
financing foreign business on more
! reasonable basis for the Italian exporter,
and. in collaboration with other govern
mental agencies. a program of export
credit insurance.
Much has been made In MuSsolini'S
campaign to visualize the possibilities
of vast economic Roman empire" in
exploiting fully the commercial tie with
Latin America.
No Discrimination Practiced.
One very gratifying feature of Italian
American commercial relations as dis
tinguished from those between the
United States and some other ma Ior Eu-
ropean markets Is the fact that there
are no determinations against American
wares In the peninsula. The trade Icla-
tions between the two countries are
covered by the most-favored- nation
treaty, the equitable regime of which
goes back almost half century. There
are, OF course, preferential arrangements
for the trade between Italy and her
colonies. but the lower rates thus en-
! ioyed by shipments to Nand from her
colonial markets cannot, OF course in
any way be subject to complaint by
/ American exporters This is a common
practice OF all colonizing nations, in
! Guiding our own.
| In fact. In their study of the COM
| parative colonial policies Of various
| powers, the United States Tariff Com
mission experts have indicated that the
| Italian government evidently has In
mind primarily the general development
OF the colonies themselves rather than
| the exclusive reservation OF their trade
prerogatiVes for the merchants of the
/ mother country.
! There are certain phases OF Italian
! industrial development which have been
decidedly noteworthy, Among these ii
| the extraordinary expansion Of electrical
| power This has served not only to
| modify or at least To hold stationary
the requirements of imported coal, bat
also TO stimulate the manufacture OF
exportable commodities. The impress
| sive expansion Of the power industry Is
shown In the figures for the production
| of kilowatt hours, which rose from / =
98l 100000 In 1913 TO 7,644 ,000, 900 In
| 1925. No major nation of the world can
show a greater proportionate growth
| than this
| The rayon industry has made remark
able strides. In fact, Italy now oecu~
pies first place among European pro-
United States. The output has risen
from about 1000 900 pounds In 1922 10
nearly As 900 900 In 1927.
| Italy Ia the leading silk producing
country OF Europe and liz exceeded only
/ by Japan and China In that highly
valued industry.
The leadership OF the Italian auto
mobile manufacturers In the present
drive 10 combine the European industry
| I'm competition with the Americans Ii
an index Of the progressive spirit OF the
italian manufacturers.
Agricultural Situation,
| Turning To agriculture. there are two
phases nj special interest for American
farmers In Mussolini's campaign, First
| he has almost 0biIterated our experts ri
tonanco 10 the kingdom. Our sales e
Italy were approximately $4,000 GOO
pounds In 1919. but shfank 10 little