The Bismarck Tribune Newspaper, August 22, 1918, Page 8

| BEL Hie. YSHHP para e j pense (pew Lor eopto 1 f mith Ds tre i EIGHT : THURSDAY, AUG. 22, 1918. : comer a : ieee others ore t4 be enlarge!. The meee - 7 ‘ ace of the Invaders to Verlee has die { ; ‘| verted trade to Genoa, nnd enlerie tment of this harbor is now under way. An engineering task of huge prepor- tions, has been undertaken in the cons version of lakes near the Adriatic coast Into supplementary harbors. Italy's lack of coal has brought for+ ward the possibility of using her water power for the production of electrical, energy, not only for manu- facturers but for railways. ~ These ,| Trailways are to.be extended and the familiar single track lines of the coun- try are to be double-tracked. Abroad there is planned an increase + |In.a number of branch banks through the investment of Italian capitalists in the: financial institutions of other countries. There are no restrictions imposed by law upony the amounts which Italian barkers may invest in foreign banks, and no restrictions -- UP on. the blishment of foreign branches. n the case of Spain, the war has brought about a rejuvenation. Like many a younger country, she has been forced to rely upon her own efforts and ,through that experience has be- come a producer for foreign markets on a scale that has given her inspira- , tion for the future. y A Commission of the Directovate eGneral of ndustry:and Commerce is now making a study of economic ‘ern- ditions with the object of so directing agriculture, Industry and trade tn the future as to Insure maintenance of Spain's present favorable internation- al position, . *. The tremendous boom in foreign trade brought to Spain by the war ’ quickly ‘demonstrated the necessity for improving the country's methods of production, conditions in’ the fac tories, ang transportation facilities., The government has done much and has indicated its purpose to do more a 4 of Rae ii ¥ “ITTING UP- ENGINES FOR TORPEDOS< IMG POWFOEI om ey VT PTALY'S STEEL INDUSTRY IS MAI RAPID STRIDES) _ KING os, ’ . By FRANCIS H. SISSON, Vice President Guaranty Trust Com. 2 pany of New York. , The plans laid by Italy and Spain to enlarge their respective shares of world business after the war are of particular interest to American busi- ness men. There is every indication that industrial and commercial con- ditions in the United States after the war will be affected to a remarkable degree by the measures which Italy to encourage the development: of the — country’s resources by direct subven- ‘| tions by the conclusion of favorable commercial understandings with other countries... Mure than $2,000,000 has been appropriated to assist in the cultivation of oranges, lemons and grapes for exportation In the prov- inées of Alicante, Almeria, Castellen, Murcia and Valencia, Under an agreement with England, minerals are 1s developing to re-establish herself on @ peace basis, While for many years before the war Germany and Austria dominated the foreign trade of Italy, the latter country has long been one of our best B TTALY 1S PUSHING HER SHIP BUILDING PREPARATORY TQ AFTER WAR TRADE, < A f& customers, In 1913 Italy imported \ GENERAL to be exported in return for coal, and, ,More raw materials and foodstuffs cate OF depends so much upon the use of|'titles of oranges ‘and lemons in|in addition, England ts to take enor- from America than from Germany and \ ROME every available unit of liuman energy| France and in the belief that they| mous quantities of oranges, grapes, p Austria together, but she procured her * that emigration’ will be restricted. can obtain a larger share of this| almonds, raisins, bananas and’ onions, 2 ae partly finished and finished products Italy looks to America as the chief | business, the Sicilians now have a| ‘For the present, the United States ‘ is mostly concerned regarding the re- building of Spanish railroads and in furnishing ‘supplies of cotton in ex- change. for foodstuffs for the Amerl- can’ Expeditionary Forces. The re- newal of, mining, manufacturing and agriculture.on a large scale-fn Spain, however, and. that country's evident purpose to ‘participate in’ the ‘struggle commission in France stadying the. markets..and seeking to acquaint the French with the advantages of using Sicilian products,’ Italy also seeks to supplant Spain in the. exportation to France of those.heavy wines which the French mig with their own lighter. varieties, Much study ts being given to. the improvement of ‘marketing source of ral. materials and. finished or partly finished materials formerly obtained from Germany .and: Austria, This she does, largely ‘froma desire for economic independence, from these countries, but partly because she feels that these “and. other European ‘na- tions will for some years be so busy with their own reconstruction prd- to a large extent from her Teutonic neighbors, Italian exports also went mostly to these countries. Exchanges with Germany jo that year totaled $183,872,058 ; with Austria, $93,424,457 ; with England, $161,899,440; with France, $96,740,416, and with America, $152,041,111. The total of exchanges with all countries, including these, was pre-eminence tn the production of cer- tain articles of commerce inarked her as the chief source of supply for simi- lar products of.a warlike nature. Her ordinary production of automobiles, aeroplanes, turbines and heavy oil en- gines -has merely been intensi modified in the direction of s standardization as would permit quan- $1,184,091,723, Italy's Invitation to| tity production, ° 5 grains ‘us’ to ‘have scant opportunity,| methods and one of the first’ steps in| for commercial pre-emirience -means America, therefore, is not to enter a| The Italian Government Is very much| who invest a‘ certain portion of thelr) of sober, thrifty, but, fer the most,part,|to fill the heavy demands, of Italy.) this direction will be the cancellation| the creation of an excellent market new field, but to extend and enrich an| interested In the plans which’ manu- unskilled labor of that’ country was | Coal, iron, Tuinber, machinery, rail-|of agreements giving sales monopolies| for American machinery and raw ma- ovTo no terials. Spain has become wealthy beyond her fondest: dreams‘in the last few years. She Is ready to buy when the world's markets are again thrown ing a greatly increased merchant ma-| open. There appears to be no. good rine. New: harbors on Italy's long|.reason why the vrited States should coast line are ."being “ planned’ and|‘not become ke: clue source of supply. in foreign countries, | The opportunities to extend foreign trade have naturally. turned attention to’ increasing. the facilities for operat- fucturers are making to turn their fa- To no country did the present war| cilities to the output.of peace products mean a greater disorganization of en-| and large profits have been earned ‘us terprises and trade channels than to|a consequefce of the war. ‘To foster Tiny. preparations for international compe- These _ policies yous cut off. Today more ‘than 4,000,000 vificant, to, the United States because] men and wamen whoynéver worked in vw many years we have looked to| factories before are becoming skilled| Italian agriculturists are »preparing Italy’ for a large part of that increase | workers in plants from which the im-|to meet, the competition of the Span- inthe labor supply which a new .oun-} plements. of. war are sbeing supplied. |iards in Vrance, and ‘of -both.the Spany Italy's Gevotion of her resources to/ tition after the war, the government |iry must have. With the entry’ of {It is the beliec of the Italian leaders | iards and French in England and the. war purposes bas been complete, .Her| makes av allowan¢e to manufacturers | Ltaly into the war, the Steady stream now in this country. chat Italy’s future | United States, . Spain sells large quan- BOLT STRIKES SLEDGE-LIKE BLOW ON FOO? Hospital as Result of Queer Prank road and ‘shipbuilding materials: will be needed in large quantities. ‘ tHese elements. aud it is now-accepted | that their action tends to harden steel. The British have profited by this se- cret. GERMAN GUNS TEACH sulphur and phosphorus must be’ re- PHOSPHORUS LESSON | moved from all steel used in making London, Aug. 22.—It was believed | munitions. Analysis of German shells, in the British munitions factories that | however, shows large percentages of UNDERGOES AMPUTATION While seated in his brother's home | ‘at McClusky, G. W. Dimick, an old} resident of Sheridan county, was struck by a bolt of lightning during one of the heavy electrical storms which visited this section of the state Ds the fore part of the week. ‘The bolt re : oe : it one of Dimick’s feet, smashing the _ 3 SES ‘ H fore part of it as though it had been Pcs tn - Naa Wp. 4% struck a heavy blow with a sledge- aN) oS 2 = Wy) = ee) Ss hammer. The injured man was not shocked or stunned by the bolt, and, although he keeled over in a heap from the force of the blow, he did not lose consciousness, As soon as the extent of his injury was discovered, Mr. Dimick was placed in a car and a long drive over | slippery, muddy roads to Bismarck was begun. During the journey the injured man did not sutfe any unus- ual pain, and upon his arrival here he was taken to the Bismarck hospital, where the mangled portion of his foot was amputated the same we. He is CONGRESS T0 now resting comfortably, and he will | not entirely lose the use of the injured “ee BOOST TAX ON Dr. N. O. Ramstad, who performed Rainey Hopes to Raise Huge the amputation, declares the case an exceptional one in his long experience. Sum by This Method Gambling scene in “The Wanderer,” the stupendous Biblical play at the ‘Auditorium ‘Theatre tonight. This is not a moving picture but one of .the most wonderful plays of the century and could easily be called the Eighth Wonder of the World. : - a9 Sold For Keeps E like to sell Diamond Tires! We \find that when one of our customers tries one Diamond, he wants Diamonds “all around.” He's sold “for keeps.” * Se Aneae OE special war tax raised them toa scale | California, 30 per cent; Missouri, 20 running from 2 to 25 per cent, the 25 | per cent, and Nevada 25 per cent. per cent applying to fortunes over 10 Thus a, fortune of 10,/millions or! , million dollars. more left by inheritance in Arkansas The federal tax on inheritances does }to a collateral heir of the most’ re- not begin until the amount of the in-| mote degree or a stranger in blood, heritance is $50,000, and then the tax | will pay a tax of 32 per cent to the runs very lightly against direct heirs | state and 25 per cent to. the nation; and operat heavily only against |in Missouri and California 30.per cent collateral heirs. to the state and 25 per cent to: the | There are now 21 states in which|nation; in Nevade 25 per cent to the the state tax on inheritances runas'state and 25 per cent to the nation. | high as 10 per cent or more on col-j The idea of taxing inheritances is | jlateral inheritances of the most re-! growing in popularitq. If blood rela- mote degree and on the largest} tions and dependents have been pro- nmount. ~ There are 15 states where| vided for there is no reason why a the rates reach a maximum of 15 per | large part of the remainder of'a dead | cent or more and tour states where|man’s fortune should not go to the the maximum ’rates are 25 per cent orjstate, particularly in war time, when over, name! . 82 per cent; | all money is needed for war purposes. nS” a The fact that the bolt should have hit Satisfied customers like that keep us in the man’s foot'and not affected him business! in any qther particular is decidedly unusual. .The lightning evidently } struck the chimney of the Dimick home in McClusky and followed it through to thebasement. But for the fact that Mr. Dimick was swinging | one foot just far enough to enter the danger zone, he probably would have| Fortune of Ten Millions Will Pay; escaped unscathed, as did other mem-| a bers of the family: | U.S. and State 57 Per Cent G. Wi Dimick is 60 years old and has lived for many years in Sheridan} : county, where he has a large number | of friends who will be glad to learn| that he is recoveing very nicely from | his accident. ‘We're glad to tell you that the Diamond Tires we've sold are piling up thousands of miles without a “‘come-back.” And what's more, they cost less than most tires. Dan’t you agree that Diamonds must be a pretty good proposition? (NX. E. A. Staff Correspondent.) E ¢ lI ¢ f M < Featifigton Aug BEE a tep argo Vollege Conservatory of Music increase war revenue without impos-*} (A Branch of Fargo College) . ing additional burdens on the little- THE STANDARD SCHOOL OF THE Noatiweee A} E } (By N Ent are , ‘ sumer, Representative jy Newspaper Enterprise Ass’n.) | Henry ney, of the ways and The school of music whose faculty of artist '§ ie : ‘ y of artist teachers and whose Amsterdam, Aug. 22- Police meas-/means committee, has offered an maintenance of high standards have placed it in the lead in this section of the country. ures having failed to.check juvenile |amendment for a substantial increase crime in Germany, members of the|in inheritance taxes. All branches of music taught, including Public School Music and Drawing. . reichstag have asked the war ‘office! Under the present law, the govern- to free,as many male school teachers | ment imposes a small tax on inherit- Department of Dramatic Art and Expression. Dormitory for! girls at Fargo College. Y Diamond Tubes are in « class by themselves. Made from husky, lively rubber that is remarkably long-lived, | Retest ao ery Black Tread ‘Red Sides BUY W. 5. S.——— GERMANS TO CURB CRIME IN SCHOOL poe _ LOMAS HARDWARE COMPANY ; Bismarck, North Dakota as possiblé- from military service’ and |ances and Rainey would makes this | |tax large enough to yield a real war : ip ‘diberate them for school work, as the |revenue. The federal law of Sept. ALBERT J. STEPHENS, Director HUN children have no respect for ont 1d ay Sune were hae UU Es y-Sacrinces-tn Teather maternal discipline or woman teach-|8, 1916, established a le of rates | Orchestra Glee Clubs Ensemble ers. from 1 to 10 per cent; on March, 1917, Catalog Free api ——-suy w. s,s ——— the rates were raised from 1% to 15 FARGO 617 First Ave. N. NORTH DAKOTA Wer i oa Tribune Want Ads Bring Results. | per cent, and a ain on Oct. 3.1917, a ee : seer ett the Senet Ohne o r~ psy wit teus ure stung) em wireursce