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EUROPEAN TRADE OPPORTUNITIES
America for immediate relief, however, will probably promote the speedy organization of export sales forces and financial connections in the South American field. South American countries are producers of food stuffs and raw materials and import their manufactured products. In the past, Europe has supplied considerably over three-quarters of these products. The principal articles of import in South America are textiles, iron and steel, machinery, railway and electrical equipment and a miscellaneous line of manufactured goods. Tropical South Amerca also imports food stuffs, notably wheat and canned and salted meats. All of these goods are manufactured extensively in the United States, and the only drawback to their export to South America is the lack of knowledge of the particular grades and exact nature of the demand.
Create a Permanent Mar.
ket in Tropical America. HE largest items of imports into
the United States have been
coffee, rubber and hides from Brazil. · Argentine, on the other hand, being a temperate zone country and duplicating a part of our Mississippi Valley, produces meat and cereals which are more largely in demand in Europe. It is considered by many business men that the principal adantage of the present situation for he extension of the United States rade in South America is not in the bility to take immediate profits, which vill be largely curtailed by reason of he limited nature of South America's urchasing power at present, but prisarily in the opportunity to get the eputation of our goods and our trade onnections established, which will enble us to hold this market in cometition with the Germans and English hen the war is over. A permanent eyelopment of this sort is, of course, uch more to be desired than temprary profits, and it is to be hoped at our manufacturers will take the ecessary steps, perhaps at a sacrifice,
establish such a permanent coniction.
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Opportunities. 'HE war has largely put a stop
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tween European countries and ey must obtain goods elsewhere. hile war undoubtedly means imverishment to most of these counes, they have accumulations of cap1 greatly in excess of anything ich exists in South America. The igencies of the situation will com
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Study the History of
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in the original spoken and written language of the men who worked out the legal and constitutional principles that have made the United States a great nation. This has been made possible by the publication of
GREAT DEBATES IN AMERICAN HISTORY,
Edited by Marion Mills Miller, Litt.D., with Introductions by
THEODORE ROOSEVELT, LL.D.,
Ex-President of the United States.
WILLIAM JENNINGS BRYAN, LL.D.,
Secretary of State.
ARTHUR T. HADLEY, LL.D.,
President of Yale University.
CHARLES R. VAN HISE, LL.D.,
President of Wisconsin University.
HENRY WATTERSON, LL.D.,
Editor Louisville Courier-Journal.
And other eminent Scholars and Statesmen
ENTERTAINING This great work, although published but a few months, has earned the unqualified endorsement of the press, librarians, jurists, statesmen, educators and all who appreciate the importance of unquestioned authority in history,
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Read the following press comments and personal testimonials of well-known men in all walks of life:
of source material and gives new light on many “A work of great value to those who know “A work of this kind cannot but be subjects." how helpful contemporary discussions and opin- ceedingly useful.” the understanding of historical U. S. Senator Ollie James:
Judge James A. Blanchard, Supreme Court,
New York: “I know of no work of recent years more “It contains much that is new. As a com
valuable to the student of American History.” The New York Sun:
pendium of our political, social and economic “A general view of what has been said Ex-Pres. Taft:
history its possession will be a valuable addition on important questions in the past as well as “I think it a very useful work with a great to every library.” present.” deal of current information."
A. H. Robertson, Supt. of Public Schools, Paw The New York Evening Sun:
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DEBATES DEBATES DELATE secutive concise legislative history of America as represented in the Great Debates on issues affecting this Continent, from the debates on Colonial Rights in the British Parliament, to the recent diplomatic debates on the Panama Canal.
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WILL THE AMERICAN FARMER BENEFIT?
“How I Saved $7,000 a Year"
ably lies in supplying the needs of these European countries. This means demands, primarily, for the necessities of life. Our wheat, of which we fortunately have a large surplus, will be the main article of this trade. There will also be a large demand for textiles, clothing, boots and shoes and other articles of daily consumption. England has been buying from the Continent many raw materials and semi-finished products to be worked up into highly finished goods in her factories.
This is the true story of one of our subscribers, the assistant treasurer of a New Jersey soap-manufacturing concern of country-wide reputation. He prefers that his name be withheld for
the present. "A few months ago the com "When I brought in my critipany was getting ready to build a
cisms and suggestions next day, new factory. The plans were pre the officers pooh-poohed them. pared and the officers seemed well But I knew what I was talking satisfied with them.
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them at least seven or eight thouofficers to wait one more day be
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“As to American agriculture, the European war will be of no benefit unless it should make agricultural products much scarcer than other products. If all the things which the farmers have to buy rise in price on the average as much as all the things they have to sell, there will be no gain to them as a class. This will depend, first, upon the effect of the war upon agricultural production as compared with production in other fields and, second, on the effect of the war upon the consumption of agricultural products, as compared with the consumption of other things.
"As to agricultural production in Europe, there is no convincing reason to expect that the present war will materially reduce agricultural production and it is pretty certain that it will not reduce this line of production more than other lines.
“The recent war in the Balkans which was as hotly contested as any other in recent years, had little or no effect upon agricultural production in the countries affected.”
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Dr. Carver goes on to say that the fighting in the present war is likely to be confined to the national frontiers, and so the area of destruction is relatively limited; secondly, that much of the agricultural labor of these countries at war is performed by women at all times, and consequently no readjustment of habits is required for them to continue the entire agricultural production; third, agriculture is performed in Europe to a much less degree than in the United States through the use of machinery, which offers the possibility of maintaining production by the introduction of machinery, as the North
A L E X AN DER Η Α Μ Ι L Τ Ο Ν INSTITUTE 35 Astor Place, New York
(Name of firm or company) Number of years in business.
If you wish to add any facts about yourself, or your business plans, that will help us to determine the fitness of our Course and Service for your needs, we shall treat your letter as confidential and give it personal attention.
maintained its agricultural production at the time of the American Civil War. Mr. B. Olney Hough, in a special War Bulletin for the American Exporter, says:
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“The United Kingdom has been buying goods from Germany at the rate of about $145,000,000 a year.
Not one penny's worth of this enormous trade will continue under present circumstances, nor will British colonies, chief among them Australia, India and South Africa, continue to patronize, nor can they if they would, German suppliers of goods which have annually amounted to, in case of Australia, upward of $30,000,000, and in the case of South Africa to more than $16,000,000. Here is a total, then, of $193,000,000 worth of German trade which invites the enterprise of American manufacturers.”
Trade Opportunities in
man competition, an increas
ing share of Asia's trade should come to the United States. Here, however, shall probably meet very active competition from both Japan, which has developed largely as a manufacturing nation lately, and from England, who is apparently able tr keep her manufactures going to the extent of looking after a good deal of her Colonial trade. Japan will probably come into our market as a purchaser of raw material—especially cotton—to a greater extent than previously, and also of industrial equipment. The trade of China has for two years been hampered by the internal troubles with which she has been beset. It is capable of tremendous development, but this will come slowly, and Japanese competition is likely to be keen. Australia will probably deal, as in the past, primarily with England, who takes the greatest amount of her exports, but we may take some of the trade, which has recently gone to Germany. Taking all things into consideration, in spite of largely curtailed purchasing power, there seems to be ample evidence that the situation in foreign countries is such as to afford encouragement to many of our industries to operate to their fullest capacity. The principal foreign markets are England, France, Holland, Italy, South America and perhaps Japan.
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I am a Prospector, was looking for Gold Mines; found an OPAL MINE; didn't know its value for 5 years; had to be clubbed into my head; U. S. Geological Survey sent me a specimen of my own opal with Government Report on GEMS-it wised me.
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THE NEED OF A MERCHANT MARINE
idea of stocking up a shipload of goods
lishment of export associations, in That tense moment
which manufacturers of allied, but
—when the cue ball pauses with indecision right non-competing lines of goods, combine
on the edge of the pocket. to secure the advantages of personal uations What make Home Billiards of Pocket Bilrepresentation abroad without prohib- liards the game of a thousand thrills.
Give your little steam "boy-ler” this “safetyitive expense to any individual mem
valve" for his explosive energies. Let all the ber. While this idea is new in the family share this royal diversion that steadies
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Brunswick "Baby Grand” It is, of course, a matter of some time Carom Billiard Style to get these associations established.
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The Need of a Merchant
Marine HEN the war involved as Carom or Pocket Billiard Tables belligerents the countries
A cabinet masterpiece in rich San Domingo
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the equipment-genuine Ver
mont slate bed, celebrated Monarch quick-acting world's carrying trade, the lack of an cushions and fast imported billiard cloth. These
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life of Brunswick regulation tables, from which the “Baby Grand” varies only in size.
Not a toy mediately felt. In recognition of this
nor cheap-made make-shift. Yet sold to you at need, Congress has passed a bill factory prices—terms as low as 200. a day.
Note, also, the concealed cue rack and accesadmitting foreign-built ships to Amer
sory drawer that holds entire playing outfit. ican registry provided that the ma
"Baby Grand” sizes 3 by 6 feet, 3% by 7, 4, by
8. Brunswick "Grand" 412 by 9 feet. All furjority interest in the ships is owned nished as a Carom, Pocket Billiard or combination
Carom and Pocket Billiard Table.
It was by American capital.
Other Brunswick Home Billiard Tables include sidered that many ships owned by Convertible” Models, which can be changed in a
moment from full-fledged Billiard and Pocket BilAmerican capital, but operating under liard Tables to Library or Dining Tables, and
vice versa. the flags of other nations, are now eligible to American registry under 30 Days' Trial- A Year to Pay this law. The ship owners have not Playing Outfit FREE been as ready to take advantage of
We give with each Brunswick Table a complete this law as it was considered they playing outfit FREE—balls, hand-tapered cues,
rack, markers, spirit level, cover, cue-clamps, tips, would be. Consequently, President brush, chalk, book on "How to Play," etc. Wilson has advocated and Congress is
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new edition of "Billiards—The Home Magnet,” a at this time debating a bill to appro
de luxe book that pictures Brunswick Tables, in
actual colors; gives easy terms, factory prices and priate $25,000,000 for the purchase of full information of our 30-day trial offer.
You ships by the United States government
incur no obligation and book comes postpaid. for carrying on our foreign commerce. *Clip and Mail Today Much opposition has been aroused in
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