Evening Star Newspaper, December 30, 1923, Page 21

Economist Says U. S. Must Change | Methods to Build Mar- kets Abroad. . e i LAUDS LATIN AMERICA FIELD g, Bays Buying Can Be Stimulated for Later Date. “As long as American oxporters! Continue their present policy of de- Manding only cash, against docu~ ments, we cannot hope to build up' & permanent foreign market,” sald Dr. H. Parker Wlliis of the New York Journal of Commerce, in an' address at a “round table” on for- | eign trade, held at the Willard Hotel | Yesterday afternoon. : Dr. William Notz dean of the' School of Foreign Service, George- ! town University, and chiet of the export trade division, Federal Trade Commission. presided. Others who took part in the conference were: Dr. Guillermo Sherwell, secretary of the International High Commission; Frank R. Eldridge, chief of the far castern division, bureau of foreign and domestic commerce: Dr. Moulten of the American Institute of Ec- onomics; Dr. W. P. Stearns of the Federal Trade Commission; Prof. Hibbard of Wisconsin University: Dr. G. V. Swigett of the bureau of edu- cation, and Dr. Taylor, assistant chief of the bureau of forelgn and domestic commerce. “If we want foreign trade we must pay the price for it," continued Dr. Willis. “If we want to promote for- eign trade we must be able to finance it—now we are refusing to help for- elgn purchasers by granting loans— we are demanding payment in ad- vance. This, of course, discourages foreign trade. Any loans to foreign countries should carry with them the contract that the money be used to purchase American gaods.” i Latin Avierican Good Field. “Latin Av erica presents great fie! for develoyment of American trade, said Dr. Sherwell. “We must. ever, study the likes and dislikes of the people—we must critivate a sym- understan® ng _of their ods of living and doing busi- “Latin America is in process of re- birth commercially. American bank- ers and traders must exploit that fleld now with the little hope of im- medlalel profits—later on, | fleld to get the business when nor- n y returns.” Mr. Eldridge declared in his ad- | dress that Europe is regaining the trade of the far east and iu increas- | ing her exports to that part of the world at the expense of our export trade to the orient. “The six prin- cipal countries of the far east have | increased their balance of merchan- dise imports to Burope, almost fivs times since 1913. The balance of | merchandise exports of these coun- | tries to the United States over their imports from us has increased 30 per cent,” he said. “Europe has been able to revive her export trads to the orient largely through invest- ments in her colonial possessims 11 the far east and in other countrius | in_the orient.” | “Dr. Moulton declared the orient! has favorable trade balance with the United States and spends the pro- ceeds buying European goods. “Eu- Tope is thus enabled to buy from the Tnited States,” he said. The speaker raised the question whether this tri- angular trade was advantageous or disastrous to our future commerce with foreign countries. : Tells of Changes. Stearns outlined changes thi have taken place in American fo eign trade in the last twenty year: He pointed out what various govern: ! mental and other organizations are doing to promote the foreign trade of the United States. “We are fast approaching a time when there will be more mouths to feed than we have bread to put into them,” said Prof. Hibbard, “although Just at present the situation is ex- he reverse.” wigett recommended that uni- ve students write books on for- elgn trade topics for use in secondary schools. He stated that education for forelgn trade was an cssential part of our machinery of business. Dr. Taylor stated that the time has come when we will turn definitely away from the exportation of raw products, wheat, cotton, pork, et in favor of manufactured articies. LAW SCHOOL BODY ELECTS William D. Lewis Heads Associa- tion for Year. CHICAGO, December :29.—The As- sociation of American Law Schools today elected Willlam Draper Lewis of the University of Pennsylvanla,| Philadelphia, president, at the close of a three-day convention. Ralph W.! Algler of the University of Michigan, Ann Arbor, Mich, was re-elected | secretary-treasurer; Austin W. Scott ! of Harvard was elected a member of | the executive committee. ! The association voted to stiffen the | requirements for the admission to membership of part-time schools. —_— HONORS D. C. DELEGATE. Pi Tau Pi Elects Paul Heller: Treasurer, st Cleveland. CLEVELAND, Ohlo, December 29.— At the final session of the annual convention of the Pi 'A'.ul Pi, & na- Roy Rosenthal, Seattle Joseph Silverstein, Chai . ry. Paul Heller. Washingto! treasurer, Max Good, New Or- junior councilor, Orran Gros: man, Portland, Ore.; historian, Rllrh ‘Wilkoff, Youngstown, Ohlo; chaplain, Ben Frankel, Peoria, 11l Next year's convention city will be ; announced tomorrow. i WATERY PIMPLES BROKE QUT On Face. ltched and Burned. Cuticura Heals. Ranches drowln:. NEW YORK, December 20.—The Ar- gentine is the most formidable agricul- tural and pastural competitor of Aus- tralia and if her wheat output contin- ues to increase at the present rate she also will embarrass Canada and the United States, sald H. P. Willlams, agricultural representative of the Aus. trallan government, who returned from South American countries today on the ro. He expressed astonishment at the in- tensive activity of the wheat growers in South American countries. . TREES FOR WAR AREA. By the Associated Press. NEW YORK, December 29.—In the years to come milllons of American itrees will be growing in the battle area in France where American doughboys fought. according to plans of the American Tree Association. A shipment of 1,100 pounds of Douglas fir seeds was forwarded to- day on the Savoie to help reforest the battleflelds. These seeds were collected on the Pacific coust. Ex- periments have shown thai the Douglas fir thrives in the French climate. More shipments will be made from time to time. [o]——]olc——la]c——=]ol——folc—2 ol ——=a]——]o|——=]o[——]a] =il Greetings for the . New Year! «E extend to all our friends a cordial, hearty wish for happiness and prosperity. We believe in a steadfast policy of offering only good fur- niture, and of offering it at fair prices—based on sound values. We believe that within our community there are enough people who care for furniture of distinction, beauty and permanent qualities to justify our policy of excluding evei’ythihg that does not come up to THE SUNDAY_ STAR, WASHINGTON, D. C., DECEMBER 30, ‘1923—PART 1 'SEES CREDIT VITAL | ARGENTINE PROSPEROUS. |MOTH TO RESTRICT TO FOREIGN TRADE o=’ Expert Beports wheat POTATO SHIPMENTS Inspéctor Will Be Placed on East- erin Shore to Combat Danger- - ous Pest. By the Associated Press. NORFOLK, Va., December 29.— The crop pest commission of Vir- ginia, In session here, amended the list of dangerous insects to include the potato tuber moth and passed prevent their spread shore countles to other sectio; the country. The technical name of operculella. ogist's office wiil be eastorn shore as quickly as the com- mission can arrange, and hereafter transportation companies, either by water or overland, are forbidden to transport potatoes from either Ac- comac or Northampton counties for sced purposes, unléss they have been inspected and certified as free from the tuber mot| The commission, after a lengthy meeting, agreed to take any and cvery precaution thought necessary N - And this is a fitting occasion to reaffirm our creed, with hopes that it will make us asmanyfriends in the future as it has in the: past. we have always maintained. to stamp out the insect,: claiming it to be as harmful to potatoes as the boll weevil is to cotton. State Entomologist ‘W. J. Schoene sald the inspeotor would be provided immediately and the restrictions on | transportation of potatoes would be effective as of December 28. The state law, approved in 1918, provides & penalty for violations of the regu- lations. AUTOMOBILES MAROONED ON ICE-COATED ROADS Western Maryland Highways Made Impassable by Rains and Freeze. Special Dispatch to the Star. FROSTBURG, Md., December 29.— Motorists were held up on Blg Sav- age mountain west of Frostburg due to the fcy condition of the National highway, some twenty or more cats having been marooned. Some of the cars were ditched at the side of the road as well as service cars answer- ing calls for help, as they could do but litte, ins being of no account in attempts to negotiate the ice-coat- ed grades. Rain poured at a lively rate and froze as it reached the ground, form- ing a deep coating of ice and making it impossible for pedestrians to pass over the hilly sections of the city. Z V) This is our creed, and we take this opportunity to repeat it and ‘to pledge that it will be lived up to- as scrupulously through the new year as it has been through former years —and as it will be throughout: our whole future of steadfast servicg. . the_ high standard WOMAN ENVOY SAYS 's REDS WED FOR STATE = By the Assoclated Press. L BERLIN, December 20.—Absolute’ gy frea love is not the ideal of commu- nism, but mating only in the interests W of the community, according to Mme. gy Kollantay, Russian soviet minister ! to Norway, who has published & serles of articles {n the German peri odical the New (reneratios ing how the boufgeols conception of marriage does not harmonize with communism. M Kollantay says a new feeling |l in regird to this subject has sprung | up alongside the communist concep- M tion of economics and that the old Im property. She ur, of “the new morais” must be purely hygienic and that the chief end of companionship must nate all egoistic and ind vidual instincts in favor of develo) :‘nl the community upon co-operative nes. Commenting upon the woman en- voy's views, the Volks Zeitung says many persocns share her views In principle, but that the objects of love as the; ve been in the past will always remain the same in spite of all the new communistic ideals about the community. e bt § P s PALAISROYAL The Shopping Center—11th and G Sts.—Est. 1877—A. Lisner, Pres. Our Annual Clearance Sale of Muslin - Underwear As is our usual custom. We do not carry over any underwear. Every piece must go regardless of price. Our entire stock in four lots: Lot No. 1 at 90c Includes Nightgowns, Petticoats, En- velope Chemise, Bloomers and Stepins. All made of nainsook, batiste and crepe. Some slightly mussed. Lot No. 2 at $1.33- An especially attractive collection, in- cluding Nightgowns, Envelopes, Skirts; made of the finest materials, with the daintiest lace and embroidery trimmings. Values to $2.25. ~ Lot No. 3 at $1.79 This assortment includes over 1,000 garments—Nightgowns, Envelope Che- mise and Princess Slips. Also Philip- pine and Porto Rican Gowns and Che- mise. Just a little mussed. Lot No. 4 at $2.72 All daintily handmade. Nightgowns and Chemise, as well as the finer pieces of domestic garments, all at a big saving. Underwear—Greatly Reduced Envelope Chemise, $1.59—Handmade Philippine and Porto Rican garments. With strap or built-up shoulder, scal- loped or trimmed tops. Values to $2.29. Slightly mussed. Nightgowns and Pajamas, $1.39— Women’s. Of flannelette, neatly made with double yoke, braid and ribbon trim- med. Pajamas with silk frog fastenings. At $1.39. - Beacon Bath Robes, $5—All the new- est patterns and styles; some came a lit- tle late for Christmas selling. Reduced to $5.00. Negliges at 20% off—There are many lovely models here. All the newest and up-to-date styles in tailored or lacy models. 20% discount at time of pur- chase. Palais Royal—Third Floor. Children’s Dresses at $2.98 Made of finest imported ginghams, in novelt; styles and good washing colors. Some with bloomers; sizes to 16. Reduced to $2.98. School Bloomers—Of soft sateen, full cut, elastic top. 6 to 12 years. At 50c. Children’s Raincoats—This is some- thing that is always useful for all sea- sons. Hat included. Sizes to 14. Re- duced to $5.00 and $7.00. Middy Skirts—Of all-wool navy serge, with or without body, side or box pleated. Sizes to 14. At $2.98. Glove Silk Underwear, $4.95 Regularly 3595 to $7.50. Clearance of broken sizes and discontinued styles —mostly bloomers, envelopes and night- gowns. All standard makes. At $4.05. $3.50 and $3.95 Glove Silk Bloomers, $2.95 Sport Bloomers. shirred cuffs, | 18 pairs Neva Drop, 46 pairs of assorted colors in sports lengths, blue, black, navy, green, cerise and gray. Good assortment of sizes. At $2.95. $3.50 Glove Silk Envelope Chemise Dainty styles of plain tailored, silk embroidered, with picot edges. Some with contrasting trimming in colors. All sizes 36 | to 44. At $2.95. P Palais Royal—Main Floor. White Dresses—For the girls to 14 years. Reduced to $1.98. Sports Skirts—Separate garments of all-wool plaids and mixtures, full pleated models. Sizes to 16. Reduced to $5.00. ‘Take advantage of our great Coat Sale. Any Coat in stock 25 price. Sizes 2 to 16. Formerly $5.00 to $50.00. Sale price, $2.50 to $25.00. Palais Royal—Third Floor. Introductory Sale | ofthe New, DIAFRAM - CONTROLLING CORSET~CIRCLET 500 5100 NS MeIUAS Pre-Inventory Sale of High-Grade Sofa Cushions, Sample Curtains, Velour Portieres and Beautiful Table Scarfs at 145 Off Regular Prices All perfect, guaranteed merchandise that we are sure to quickly dispose of at this special reduction. morning. Cushions, $1.78 to $16.23 Of velour, silk, taffeta and damask, in round, square, oblong and fan shapes. R ly $3.59 to $32.45 each. Reduced to $1.78 to $16.23. s Table Scarfs and Runners Of velour, taffeta, silk and damask, beautiful shades, trimmed with wide and narrow metal galloons and gold bullion or lace fringe. Regularly $2.29 to $23.50. At $1.14 to $11.75. Portieres, $3.75 to $14.75 Pair Many kinds, all in one-pair lots, shown the same or a different color on each side. Velours, Damasks, Chenilles, Art Silks, Armure, and many others. $7.50 to $29.50 grade at $3.75 to $14.75 pair. Size 4 by 6 feet, 36 by 65 inches 25 by 40 inches Maho, Lot No. 1-at $6.95 Double. Wood Bed—Of combination walnut, dull finish. Attractive designs. Lot No. 2—at $9.98 Double Wood Bed—Colonial style, golden oak finish. Fine quality. Lot No. 3—at $12.98 Double Wood Bed—Colonial style, kirchwood, dull mahogany finish. Lot No. 4—at $19.98 Double Wood Bed—Old ivory finish, sterling quality. Plain design. Lot No. 5-—at $21.98 Double Wood Bed—Cembination American Walnut, plain design, dull fnish. 3 3 25-inch by 12-ft. Hall Runners, 25-inch by 10-ft. Hall Runners, We earnestly advise you to be here as early as possible Monday Sample Curtains $1.25 to $16.75 One pair of a kind, also panel-style curtains, with fringed bottoms. Nearly every known make is represented in this clean-up sale. $2.50 to $31.50 grades at $1.25 to $16.75. Cushion Squares, 79¢ Each Of damask and velour, cut from ma- terials that formerly sold from $4.25 to Slsi?O yard. Large size squares at 79c each. Cushion Squares, 25¢ Each Of imported and domestic cretonnes and poplins,’ printed and hand-blocked designs. At 25c each. American Make Royal Turkish Rugs In various sizes, also hall runners; some to match. Beautiful designs that are exact reproductions of the high-grade oriental and Chinese products. Sale Price $22.45 $12.45 $5.45 $23.45 $19.45 Palais Royal—Second Floor. Regularly $31.75 $18.95 $8.95 $39.50 $33.50 100 Odd Deuble Wood Beds * " Plaird designs, only one of a kind. Old Ivory, Combination Walnut, Combination and Combination Quartered Oak. SixJots.at less than half their regular prices, No phone orders or exchanges on' these beds. Lot No. 6-—at $23.98 Double Wood Bed—plain design, com- bination, dull mahogany finish. Palais Royal—Fourth Floor. =====!l!l!l[.g’lg!=gfll‘l,‘laq,lflfl,lfli,,lll,,lh"l"“l,l\‘-,,l,',,',"“"!fi‘!.!«l;l;l.-l;!\l,l.l!:'.! ARANEARAE RS AR RERER RN AR RE R SRR R R R R R RIS ANAITIFNTERED =SNRRRRERER: