New Britain Herald Newspaper, June 30, 1921, Page 10

3 ete and othe raise somew! cess of Exporits funds abroad, for which recelve returns either ia services. The principal item of: capital sent overseas war was for the purpose chasing the securities of companies In which in had been made by talists before 1914. the most reliable | . proximately $2/,000,000,0 rities had been merica before otir ent the war. It seen e suppose that not 000,000 of Americal been repurchased Uu 1920. This repurch reducing our capital abroad by more th Charges for Inte dends on American maining in the eign holders form anotlitel item of the balance. In .class are charges ‘for premiums, for freights,’ traveling expenses of tourists abroad. Such pOSS 1] CONSTANTINOPLE, GATEWAY OF AMERICAN TRADE WITH THE NEAR EAST. &4 & A cOLD SHPMENT BEWG RECEIVED 3 | AT THE 5UB-TREASURY. NEW YORK- ALL OF THE GL%DMM.ULLION ey conaiderytile ‘were momovsu war, though it is imp e timate thém now with even -Aap] a 5"‘. uu who come from'ef ar population are During the first six months of the armistice our government needed all the funds that could be raised in the homé market. Therefore At ble for foreign governments to 2 % e . by loans through American in: fe? )3 5 v £ =3 § > 5 ‘ i » ment bankers finds sufficient iy < . for the jeyen larger quantitiel HE mo: American goods which were nel ture o by - the entire world immedt our fo upen the cessation of hostilities. wide o4 The excess of our esxports over exports ind fup our imports grew rapidly in this outbreak o. the period. In order to support the end of 1918 the ¢ trade it was necessary for our Gov- MTHROUGH WHICH AMERICAN GOODS ARE SEEMING A RICH SOUTH AMERICAN MARKET. pringip therefore, @te ports over ot lupo total of more My ahis excess hn*r" antl for, the o war and” armisti, 1020 !hWI 500,000 in gold, f'the world's to- » banks, public Ag@ation. This was tdouh '@ for our ne PPSRIA to hpve gtiiked to take gold obtatn decurate data. In thils way we have made itjgossible for for- eigners to pay for the gre quan- tity of our goods they ‘have purs$ chased. Th ansfers of, nds for these intangible ., which “THE DOCKS AT LIVERPOOL OVER WHICH A LARGE m’ OF OUR EXCESS EXPORTS HAVE ENTERED EUR ernment to continwegranting cred- its to other countries until private financing could nnln tnkl up the task. S We imust, however, in our inrisible items of f e 1,400,657,111, representing;Knglish ench and Italian currencies p! at the disposal of our Gavern it i those countries for the purchase road of materials n d. by our f the war. al remit- tances abroad of American funds, as the dollar equivalents were pro- wided for the use of the respective >} governments to meet their war ex- penditure in «the United States. Therefore the total of our Govern- ment expenditure directly support- ing our foreign trade from 1917 to 1920*reaches about $11,000,000.000. On the credit side of the balance should be added items of payment covering interest and dividends up- on American capital In use In other countries, bankers’ profits, freights and insured losses pnld. The tm,ul States go&tnent governments prg all private Inv curitles, and s, are the 11ed ufi:;hxe items of | or credits emnded and repald with- trade, truly commodities as |in the period, such asithe $500,000,- are fthé visible matérials of com-|000 Anglo-French 5% already men- merce. . tioned. The Invigible items of which the By the spring of 1917 the task of amounts afé known are the loans of | financing.our huge export trade had capital made by the United States | taxed the resources of our private to othef countries. These are of |investment institutions to their lim- two kinds—loans ‘made by individ- | it, and new sources of funds had to ual citizens through banking and {be found if our foreign trade was to investment houses to’foreign states.!be continued on the seale which the muglcipalities and corporations and{war demanded. Once In that strug- lcans made- by our government to|gle we sent our men and our mate- other governments, rial to Europe to win it. But we did The amount of the various for-|more. Our government, appealing eign loans floated through Invest-|to the patriotism of. its citizens, ment bankers in the United States|raised hitherto unhéard of sums, a since July, 1914, and outstanding | total of $26,596,701,648 by August r)o&mher 81, 1920, total $1,980.717,- | 81, 1919, and of this total loaned 7. This total is exclusive of §426,- | more than one-fourth to our associ- 458,158 loaned before July, 1914.|ates In the war. For the period of le toland still outstanding und of loans | our participation In the war United E: iNI]ILTEl] PLAYERS [ L ARE WAKING GODD] 2%, Bic salarigs. y The players are silent concerning B ) 2 2 reir salaries wi the White Sox, buy e T B Least Thai is Claim Made by Niomey e shore or i x .' Some »f Them in the war upted thelr nat- | from our C g bugy-§ would only” W 1 erd. pay currencles.., |, e Tha' ports In fact, & “the W‘o in the world in gffeéct pald b: ould Wive begn lusuMelent to pay the imports, a sty .& ¢ | for_our goods which been ex- the tdtal expnn. as¥8 (n icess of | wted In excess of O rts. imports must be Jiquidatedly other | rozments ln v nvisfhle forms dof paym Such tide def- | ways Pather, than 1l 8044 were the met by tlg ship- | means” vsed .for Bquitating the " This metl great exeess In OW Warchandise export irade. ~Amer®LD «pital has been exported fh B& gmounts ntente | dur'ng the last six Nears % #in vest. “of ‘ol ship-{ment, for sp D! geve' - il.went te Lat¥- | wents, for cm:ly 1), insur- ance and travel, wible to specify defialt r only \wariop and the Orlent to Aquidate s Dot of these™ debts. It ves L *hat nce’ and .fl:uun louns; the remalndgr must je esti- wid pay all thef, gen.v to th's |mated, because their pri ¥ w¢ the end' of | makes It practically tmp g 000, atnéd B bow | y x 0 Thaml or our Eoods. and of oun relief.0 another invisible Item amount, . American capital, tra the hope of profits in the e tively undeveloped nrfik’ earth, s the last invisible iy considerable hnpoMf' gone into ofl and mining ments in Central and 8 } e, into Cuban sugar: plé n Chilean nitrate La Brazilian and Colomblan - heuses, into the rubber &g fi plantations of the Far T transportation system ¢ European industries, and. into the establishment factories across the O der. Mone; establis e United Sta Govern April 24, 1917, \ovem .in faver of !or’- overnmenu to enable them commitments made In ths cbl‘trv in connection with the prés- ecution of the war totals $9.584, 823,677.18, of which $114,540,50538 has been repald. Precisely as the loaning of moiey to the Powers ‘with which we be- came associated In the prosecu.on of the war was one of the /.rst forms of ald rendered by the Ut.ted States, so it was one of the ast. ost of Frangis' hospital where he will ah operation Mrs: Warren Fox of Hough has retugned, from the Hartford pital jexgy she has been recel treatpiént. 4 John Guiden of West Main <8t end Willlam Kavanaugh of are having a two mont ind New Xork =tate and Ci stat 5. He ib.not playing in present |k|~| LYy 12ddid Cirotie h‘ls a farm near De- troit. tisberg wpgpb a month, she became ill and was tak- en to the hospital. Upon béing dis- charged from the hospital ghe became a public charge and was taken to the Town Home. Her case whas reported to the State Department and she was ordered 'detained pending investiga- tion. Several weeks ago an agent, of the department conducted 2 hearing W this city and she was given an op- portunity to show cause why she should not be sent back to \Mexico. She was unable to prove Lerself cap- able of self support and as a,result the department ordered her+ deported Since the story of Miss Ramirez's detention was published . numerous suitors for her hand have €ome forth, all of whom were rejected on acchunt of her détention. One of those desir- ous of marrying her came to this city from Oregon. RED CROSS OFFICE CLOSES UP Quick Results---Hers Y A X:.()I work at minor »at admit that they on their baseball Werk Carricd On by Home Service Section H Been Taken Owerihyl SPECIALS __l;'_ , MOHICA MunicipalvBurcau Atterney Ben Short of the defense, sai@d incourt yvesterday that ‘“while it was reported these men got cnor- mouy salaries most of them really only get $2,500 to $2,900.” MISSS CORA RAMIREZ WILL BE DEPORTED '\qu Bernice home gn E IZdward Carter and Mrs. Irving Carter, left today for a A0 days’ automobile trip to Niagara ¥alls ang C Miss Marjorie Rtk the puplls commended for attendance at the Plaiguille m. school. She attends the te. 4 The local chapter of the bas announced that the offic Home Service gection wil? ¢! day. During its department of the en mome form of se tamilies of ex-service en. This figure hundfeds who mation only. The number of &sabled men withy# whom the home service has come in Joseph Edmund of Mountain View, contact personally or_by correspons{® new bungdlow at the corner of denco 2 474. Of thif® number 254 |excavation of the cellar of Mr. War- | filead clainig for compensation | "en of Broad street who will build through “ehe Tted Cress officdly Thir- naw bungalow the "cormer of teen ragn Jidve died since filidg their | Broad and Forrest stroets. — smsunantion Maims. v the present The faneral of Robert N. time 36 S 1 n men @re patients | Was he t 3 o'clock this, in hospitAw: W who Rave studied | from the Wailey undertakis tho matter Preteet that the peak of | Burial wasin the West cemete the wurhr*'r AabIeR wapbv will not be | J. G Ward, justor of reachod 'ore 1926, church, officiate 3mith On May 8, 1 "the, Municipal asomic - funerl Home Service bu was treated h¥ Mayor Curtis tg ®arry on this work which i being® relinquished by the Red Cross. This offige occuples the same rbom he' City Hall. Since | " that date th Cross Home service | L has been coW] ing with the new appointment bureau and has turned over to it such records as will be of service in fol- lowing up the claimiy of the eX-scrve its Home fce men. In closing Service ths Red Cross wishes 0.4 # appreciation to the City Héi o on for offic ommodations; Town Clerk's office for I8 many fcos, to the press and to all y who have co-operated in the work < the new bureau the Red Cross ex- tonds its good wishes, and its hope that the work may be continued until the last disabled ex-service man gh New Britain has been reached” and his claimo adjuste: PLAINVIULE NEWS (Continued fromy Seventh FPage.) Reh Cross of .the 8o st wife and My, has giy- PR ~hicago, Junc 30.—-Most of the Chi- ago White Sox play now on trial Uy the alleged throwing offthe 1919 Ofid series to Cincinnati are! profit- nancially, they derjare, despite no lowger are in Severil say they re to get back nto organ- led Yascball. Joe J Risber, ndil nd Sd doe have come for \nger- FRESH CAUGHT SHORE HADDOCK 7 BUTTERFISH .... 1b 250 FRESH CAUGHT WHITE COD_ STEAK l MACKEREL ...... 1b 25(: - FRESH CAUGHT FANCY BLUEFISH cams o quar. 48¢C ;ll““’f{l?l“l::r I e lOc b 200 —— sAf FOR ITALY. New York, June 30.—A delegation of 160 American collzge students rep- resenting the Ital merica. society and the National Dante committee, sailed today for Italy with a bronze tablet to be;"‘g@/l upon the tomb of Dante at Ravenga. . The' tablet will be unveiléd: SeD! er 14, tie six hundredth ‘annifersary of the poet's death. Studenfs in 60 colleges sub- scribed to the fund for the memorial. —e——— IS BUYING ALL KINDS OF JUNK Mexican Woman at Town Home Is to | Be Sent Back o Mexico One Week from 'Today. son, Happy Felsth, Swede , Claude Williams ind Chick Are playing ball on aturdays lays with an independent h@re and their. preseice has Baptist { brought $overflow crowds 1ty every given game, it a. “We signed one year @mtracts aad give employers a:* optip on for four more years, g sal . “We gre mmakiig mote th—Judge | yen n we did with th White b- | So. one am well § “pled sfused to divuls membey d that he “making § m ti Miss Cora Ramirez, ican woman who hag at the Town Home f eral months at the vequest of the tate’ Department, will be removed from the home next weck and deport- a ‘week from today. A warrant has issued by the United States De- ment of Labor, bureau of immi- service, and notice of the ac- tian of the bureau-has been communi- cated to this tity .by M.:Clester Ma- combe assistant commissioner. Mi Ramirez came to this city late last year to marry a local man with 1 whoni she had communicated throuzh | AND SECGND HAND FURNITUEE, a matrimonial agency. She found the -0, Second Hand Men’s Clothes. man to be married. Being \\uhmul”b West St. Tel. 633-28. friends or means, she found it ncces- L. ZELDES the young Mex- been detaingl r the past sev- Smith 1ternoon ‘( FRESH was ed our 7 IRVINE N. Ivviug' of Ithacay wtertown June nk srvice commissioner, ormer BEARDSI SHRED SMOKED | hias ac as seventh ot #the board of trike arbitration to settie ot pager and pulp Three membera gois the bo named by the unions and’ threa tby play in he aper mahufacturers and is con- Irvine selected by these six. »e rein- DOINCS OF THE D ho | with makec-a, ard wer FAT SALT pr of a MACKEREL ...... r oflice | des its mrils- to the others T sary to secure €émployment. After working in a local factory for.,about it Didn’t Take Tom Long to Change His Mind TOM DEAR = MRS. GREY INVITED US oUT To A LTTLE PICNIC AND WE MAY NOT GET HOME VERY EARLY! | YOU'LL £IND SOME COLD HAM IN THE ICEBOX AND THE COFFEE POT IS ON_ THE STOVE~ HELEN- LITTLE OLD HAM SANDWI! THE MORE | LOOK AT Youk | THE MORE I"M CONVI THAT MY BACHELOR 1S THE BUNK! SO GOOD! NOT, ELEN, | HAVE A SUGGESTION TO ER ABOUT YOUR VACATION! LEN, OH HELEN! HUH, oBopY HOME! AT'S THE BIG IDEAP street, has gone to a short vacation. Arthur Tooth haspaturnea Hartford hospital Earle Mason of PhWadelphia, | ing his mothef, Mrs. Doug gf Farmington avenue. obeine Is eonfined of Imess. of Park btrect, has Mass. Leo St ritain will occupy jir. L Ko Indian Neck for from to his