Evening star. [volume] (Washington, D.C.) 1854-1972, 1933-11-20
RECOGNITION HELD
BIG FORWARD STEP
Cotton and Rail Equipment
Trade Expected From
Russians.
BY JOHN A. CRONE.
'cial Dispatch to The Star.

NEW YORK. November 2o.-Recog-
milton Of Soviet Russia by the United
States was hailed by bankers and bust
ness men familiar with foreign trade
and shipping as one of the most con-
structive actions during the depression.
1t was held that recognition opened up
vast markets for raw materials, semi
finished products. and heavy machinery.
That portion Of the business world,
however, that does not deal with for
eign trade and does not handle raw
materials. semi-finished products or
he-vy machinery displayed only mild
enthusiasm. These executives conceded
that they are interested solely in the
recovery of domestic markets and are
happy to see any turn In events which
might help trade within these borders.
The Soviet is expected to buy from
LOCO, 900 to 100000 bales of raw cot
ton, depending on the credits that can
be arranged, and thousands of yards of
gray cloth. Recognition will make it
possible for American fur buyers to
deal direct with Soviet merchants, but
In the opinion Of the trade it is not
likely to add greatly to the constantly
expanding fur purchases from that
country.
Output Needed at Home.
Russia will not dump" garments
ished garments from us, though it
probably will purchase both raw ma
terlalS and garment-making machines.
according to labor leaders in the gar
ment trades here. Russia, where GUAM
tlty rather than quality or style is the
main consideration, will be too busy for
several years producing garments for
us own needs to think of exports. AS
soon as clothing supplies there are
plentiful styles will be important, for
Russian women are like women the
world over.
Candy manufacturers do not expect
any great competition from Soviet i'm
ports. In 1880 Russia shipped here
,849 $50 pounds, or 314 per cent. of
the 5.8s2,020 total candy imports. In
1881 it shipped here l,908.440, or 35.6
per cent. of 1852 1886 pounds total candy
imports. In 1882 it sent only 2l4,I94
pounds Of the 4,539,l90 pounds of candy
brought in. The Russian candies that
were made for export to the United
states last year were distributed to Rus
SLAMS to alleviate the scarcity Of sugar
in that country.
Although the sugar trade here be-
neveS Russian beet production is bet
Ter than last year, 1t does not expect
the Soviet to be a large sugar exporter
this year.
amounts of manganese in this country
Such purchases in the last few wears
nave diminished. not because the United
States produced any commercial GUAM
tlty OF manganese. but because that
material was brought from Brazil and
CUBA IN greater quantity. Two leading
American corporations own manganese
properties in those countries.
Iron Ore Imported.
Iron ore imports to this country In
1891 were 1,465.613 and in 1882 were
$50, 578 tons, of which Russia furnished
278,6l2 and l62,74O tons, respectively
Under certain conditions Soviet iron ore
can be laid down cheaper at Atlantic
seaboard mills than It can be obtained
from the huge iron mines along the
upper reaches Of the Great Lakes.
The extent to which Russia increases
the sale of its fancy quality crab meat
III ILLS HldIket OepenOS on the agrees
siveness Of its advertising At present
the Japanese, offering an article of sim
liar high quality, are leaders in the
field as a result of extensive adver-
Using. Caviar demand depends entirely
on the speed Of our industrial recovery,
as caviar Is classed In the luxury list
today.
Russian rugs have made important
Roadway since 1929, perhaps due to
their quality, price or advertising, or
all OF these factors combined.
The railway equipment industry here
seems to be the most hopeful Of the
various branches Of heavy industry
likely to benefit from the recognition
ton and standardization has not
plans, remain in a deplorable condi-
ton and Standardization has no,
some of the smaller south American
where several guageS are
common.
The automotive industry is interested
in what share it may be able to obtain
of the Soviet's automobile needs Pro-
auction OF motor cars in Russia in 1882
Appropriated 10000 units. The second
five-year plan, 1935-193s, estimates
needs at 100000 units. Naturally, the
makers Of machine tools. dies and au-
tomobile accessories, some Of them
versed In Soviet trade ways, are out
after such business now.
(CopyriRht. 1880