New Britain Herald Newspaper, January 18, 1921, Page 5

COUNT AULAIiLW ENVOY—Count i» France's new hbessador to Great Britain. He suc- eds Paul Cambon, one of the shrevidest European diplomats, who old tho post 22 years EW FRENCH Suinte Aulaire, ' MRS. MARY ELLEN SMITH \ RULES PARLIAMENT—Mrs. M. Smith is speaker of the British olumbia Parllament at Vancouver. : years ago she was clected to I the seat of her husband, Ralph mith, when he dled, and last fall s re-elected. Now she has been sted speaker. LAW FORCES EVES Clergyman Nees Rapidly Lowering Moral Standards of Women | Chicago | | Throughout Whole Country 18.—*'1 believe that our Rev in | { Pittsburgh, Jan | Eve possess a sense of modesty I\mum put to shame many of | young women of today,’’ =aid the | R. Emory Beetham in his talk ALL RIGHT. ALL RIGHY OR TO WEAR LEAVES | NEW RBRITA'N DAILY HERA on the | She for | the | women | | »akland I th. vhich to ‘over not for ere q ngz which was n leadership {fact that the women of today have de- | the hcal | scended to the sponsoring it pal chu bout fo. e her nakedne:s our Iov <o lool ¢ ng women hii¢ feet \iith Favor. h The cominon council salary comimit- tee at a meeting 1 ni voted to recommend the foliowing increase in salary to the council tomorrow night: Mrs. G. V. Bowen, stenographer in th department. from $1,100 Fire Chief W. J. 5 to $2,765; Charity Supe by the the bout held in New York of prominent s Beetham deplored recent Mr the | io $1,20 trom §2, brute in nature. level of the an exhibition of this A Z_ SANTERFIE[D . TUESDAY, JANUA Noble, | RY 18, 192, were ol stated. LITLARY GLUB NOTES Organization usic.! Program ovrow Afternoon. Lite Maple Hill will mect, tom orro 3 ” HONEST JOHN STREE™ TH, .~ [SINCE THESE j PESKY AUTOMOBILES) CAME /N NOBoDY EVER THINKS A HOSS GETS THIRSTY!! THE HARNESS MAKER BROKE THE HORSE TROUGH -AGAIN THIS MORAING — HE HAS AFTER EVERY FREEZE UP FOR THE PAST 3 WINTER _HE WAS LAID UP Latin-American Trade By FRANCIS M. 8IS8SON, Vies President Guaranty Trust Company eof New York BILB s mutuvally eympa- thetie understanding s steadlly growing between the peoples of the northerp and southern continents of the Western Hemisphere, this sympa- thy has by po means reached a polnt that would imply any position of trade advantage for our export- srs. Io fact, by raclal origin, cus toma end historical develepwent, these countries are much more tiosely bound to the European na- Hons, and we cas overcome this sandicap only by showing spectial Il and anderstanding in every de- ‘all of our trade relations with them. Qor trade relations with foreign tountries can never be regarded as statie or permanently stable There Are too many ehanging and powerful influences — political, financial and pommercial—that constantly affect them, both at home and abroad, for this to be possible. For the Iast three or four years our exporters have had ap exceptionally favor sble opportunity and position In South and Central Amerfcan mar kets. This special advantage longer exists, however, so far as Jmost of them are concerned. Fu- . must be won and beld A VIADUCT ON AN AMERICAN BUILT RAIL ROAD IN BRAZIL- U. 8. CAPITAL HAS DONE MUCH TO DEVELOP THE SOUTHERN REPUBLICS. nvothing whatever on which to base any belief that these markets will ever give us any special preference in thelr buying. During the year ended June B0, 1020, our trade with South Amer- fea, imports and exports Included, totalled $1,851,880.479. The bal- ance agalnst us in South America was $870,000,121. The adverse bal- Possibilit PANORAMA OF BUENOS AIRES WATER FRONT-— A LATIN-AMERICAN METROPOLIS, CENTER OF TRADE FOR NORTH AMERICAN PRODUCTS. SHIPPING MAHOGANY IN HONDURAS — les resentatives-and by intimate knowl- edge of conditions they have seemed quite willing to develop commerce along such lines. This gives them a definite competitive advantage, and American exporters must recognize this fact and be will- ing to show some courage in mak- ing decisions as to how far they will meet the tecms of their rivals. The service ¢f credit reports on Latin-American firms now carried on by American banks or by the commercial agencies is growing & nore extensive and specific, and HUNDREDS OF ACRES OF CHEESE CLOTH ARE USED IN SHADING FIELDS IN CUBA — WHERE SOME OF THE FINEST TOBACCO IN THE WORLD IS GROWN. also give a strong tmpetus to ex- ports from the United States The thought of selling on credit, either short or long, to customers five or six thousand miles away makes many Ameri: ers besitate. Yat given cul : who GnG. sellers can usually obtain excellent material on which to exercise sound credit judgment. During the war our export trade with the Argentine was handled largely on the basls of “cash against documents” at port of ex- port, but this was a temporary sit- uation and such methods cannot continue under renewed coOm- petition from Europe and else- where. . An estimate has been made by one familiar with the situation in that country that about two-thirds tra ot Al for} cl w 2 m 42 YEARS (EXCEPTING LU Q rather than in N exchange markets, Competent author American to hold trade credit a: that grant ers is affo lent firms wo! amounts and, as in it 1s essentially credit man of assure himself th with reliable hou Chile is a possessing & sing] source of wealth which gives a ernmental revenu Chile were valued the fiscal year end and imports from 603,000 Our expot 285 in the fiscal 30, 1920; tmports, Our drafts on ¢ in dollars or ste: currency is subj fluctuations. Sine have usually be “ninety days’ sigh ary form. book accounts \porters and buy able times to rein spondents in the U Countries bord ribean Sea, with § ports of coffes, other products States, maintain lations with this said that a large ness is conducted between firms been trading with firms may even balances over lon ting the balancin imports against venience, The Central Venezuela apd C velop stronger us every year. there are growing) ter countries will plies of beef, ofl, ceffee, platinum on which we sh more. We have in C growing mark e our spe since the Spa us in & which s " thy