Newspapers / Wilmington Morning Star (Wilmington, … / March 24, 1920, edition 1 / Page 7
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S3 LOANS ESSENTIAL I TO TRADE GROWTH American Business Becoming Reconciled To Situation Developed By War. v Chicago. March 2 Following tha jjmistice, came the ' fehpnt "World Trade." The. idea, toolc hold rapidly. Manufacturers Increased their produc tive capacities, merchants extended iheir sales campaigns to Europe and Asia, and bankers made' ready , to give fhe necessary credit accommodations. Tbii "se11 the orld" campaign has beta going on and has been more or i. successful. The Question is now I90 . . t t .VI. A J. - . gjkecl, jtiow lung wiu lui uaue con tinue i The answer is simple. Eu- depreciated money, American v goods jCept those immediately needed. Eu Lpe needs the raw materials lost by ,be war, and having these, sfte will uroceed to manufacture for home con rtDipticn, exporting her surplus. This H necessary for two reasons. First; to produce a settled industrial If state. Second, to re-establish exchange rates. 70 expect Europe, under present con ations, to repay her debts to us would be like demanding payment from an imprisoned debtor. , ,; .U y v . As this is realized. American busi ness is becoming reconciled tcf seeing Europe re-established through loans to purchase raw materials, the" prod uct manufactured therefrom; to serva as payment of her debts. Hinging on European1 industrial" re habilitation is what- is popularly called "dumping-" With Europe's , recovery r.nst be opened markets for ! Europe's goods. The countries particularly in terested in the old world's resumption of business cannot show their - disap proval of Europe's endeavors to sell abroad. To raise .tariff walls and therewith exclude - the goods with which Europe seeks to pay her'debta is a matter for ripe consideration.-- . Dumping is more dreaded than real. Rumor has it that thousands ot tons f manufactured goods are in Euro pean warehouses waiting for a. lasting advance in exchange to be "disposed of in America. Other reports .re that the store of raw materials in" Europe is so small that difficulty is experi mced in supplying home wants. What would really happen' if Europe trere to dump several hundred thou isnd tons of consumable : goods in America? It would help Europe con siderably and, so far as Americans generally are concerned, it 'would also help. It;, would first tend to reduce prices here and would make for a re idjustment that must come anyway. . ' "'-li: ij '' The growth of the market: here for foreign securities, mainly ; bought for a rise in foreign exchange,; produced a iituation which no propaganda -would have accomplished. Economic forces, after all, are working for-a proper consummation of an unprecedented problem. Much thought has been ipent on how to remedy the present intricate trade and exchange .situa tion. The fact is a favorable trade balance is unfavorable to more trade. The United States has a favorable trade balance. It is this condition that discourages purchases by fpr- eigners and encourages jj European home production. We cannot hope to live in the world, take everything, and give nothing. When Europe has pur chased her essentials from us she- will strive to rehabilitate herself, and be ein to repay us with her goods. The talk of gold shipments from Eu rope here is interesting, but not im portant The fact is the United States is shipping, gold to England and has been for some time. The ship ments enter England through South America. Remittances for English ac :cmnt are responsible for the gold flow to South America. -! . An issue of J35.000.000 three-year I per cent sinkirfg fund gold notes of the Texas company" is being .bought out here. They will yield over 7 per cent, are a direct obligation' of "the Texa company, and will .' constitute the company's only funded fi-debt r on the retirement, July 1. of the com pany's $14,798,000 6 per cent deben tures. The Continental and Commer cial Trust and Savings bank, .Chicago, beads a syndicate marketing these sonds. .-.- ' ;"-; K0RGAXTHAU IS NOMINATED T ' , AS AMBASSADOR TO MEXICO. Washington, March 23. Henry" Mor genthau, of New York, former; ambas sador to Turkey, was nominated today oy President Wilson to be-ambassador w Mexico. He will succeed Henry P. Jletcher, who resigned recently because did not agree with the adminlstra "ons Mexican policy., ; i ij ; S - STRIKE-BREAKERS ARE BUST LXLOADING GREAT SHIPS 'W York, March 23. Three hun--"ed strike breakers today began. Yin 'oading ships of the United Fruit Com pany at piers abandoned yesterday nen 750 deep-gea longshoremen went 1 ,,nke' because of the alleged Vpen "op policy of the company. : Company omclals announced unless . the; strikers returned to work tomorrow, they would ,! entirely replaced with strike break- Peterson's Ointment Best For Eczema - ' ; r ;i . .... ; wt Application Stops ' Itchfng V of ema, Salt Rheum- and File . Ends Chafing Distress In Five MlnnW. Pa and let live 18 ? niotto'. says ovor of Buffalo. Druggists . all OlvrA?er,ca -; sell '. PETERSON'S ointment for 0 cents a ;Urre -box buy, 7 these druggists, if anyone ease, y ointment for any of ; the disi mend -l aihnents for fwhteh- j-recom thern!. -and are not "'benefited, give nfm their money. back.v- 'i ..V .. , ter ot a Bafe full :of: thankful 'let-. Power nV "5 t0 the mighty healing nd r, , Peterson' - Ointment -for . old ulcer n8r sores eczema, ealt rheum itchin Sore niPPles, broken breast, ne ai8v,alp,'chaflnS-att.d Wnd. itch'- an,J bleeding' piles." falo .S.Cott' 283 Virginia Sireet, uf simni, es' "peterson's Ointment is t Wonderful- " cured - me of quickita.ud also Piles and it tlid it. so ordar i, 1 was astonished." ' Mail Inc p i , by Peterson Ointment Co., Buffalo, N. T. ' R- BHawy will supply you. adv .... 1 l - . :. . p .... n -A I--" . -. . "- iillj j I - , .1 " .- il l j I " ' ;u jPTotTTttTll ' lliMIIMill.i. ................. : ' ..ln,;Vy.,t.)W1. ' W-tTTh ''i. ''St y;.v.if.J1 ' ' " III lll'fllllill lllllln I' ' t": 'Jill 1 - r ' " - ! f 1 V . - I I I:? I : ft ' V ' iiMimiwym- !","' "' iiwiU!Iwi , y iSN?f gEHj- I'yLyj g? J J I I ,v ii I S- i i ' kh V . '&&Ww ' -W r Your : it i tj Grave FHE meat Tmay"be goodrand the '. Discuiis ugnt ana nuny;. out rne dinner that melts in your mouth is morfr satisfying with ; lBLuJjlMi . BULL HEAD BRAND ; ' V:-;APPLE JELLY ; ' ' .f ; . just pure apple juice and sugar : It's always one quality the best; always delicious; always of a quivering firmness; and, always costs Look TURKISH & DOMESTIC DTP Xrrk .:-r- ., SI CARE T T S Bupply or ... J"i y 23 9 j t 1 ctgareizeaiin a aiaamiim-papniiwrviw wiun. ro , : . ( ... . . ' S 1 . .-. --. mtrongly recommend this carton for the home or office y - J '.-. .'" :- . . . . "" , aappbr or when yoa travel i., . .r - k ; " ' 't j. lj'' Y ' ' V R.. J REYNOLDS TOBACCO CO.' ' . . . X "Win8ton.Salem, N. C v T 1 'n iScra THE MOKNUNCx TAK; WILMINGTON. N. C. - bweetoesfi - atx Meals less than the kind you make at home. At your grocerV-bujr St - by the dozen, ;V for the heart-shaped label Gibbs Preserving Company ;r- Baltimore. Md. No sir-ee, "myr No premiums with ;, r , Camels all quality ! Vj pert blend of choice Turkish and cfioice Domestic tobaccos pass out the most wonderful cigarette smoke you ever drew into your mouth! And, the way to prove thai statement is to compare- Camels puff-by-puff with any cigarette in the world! V . .. v Camels have a mild mellowness that , is as new to you as it ia delightful Yet, that desirable "body" is all there! They are always refreshingr-they? never tire your taste. Camels leave no unpleasant cigaretty aftertaste nor unpleasant cigaretty odpr ! Your say-so about Camels will be : . .'"M& but that's a great cigarette". "iCmmela art told 'everywhere in meientiScally eeeled packages of 20 ciarettea; or ten packages (200 cigaretteaiirt a glaaaine-papetscovered carton. " VVa , ' strongly recommend thia carton for the home or office y wion jdd zrm vmu v -.: WEDNESDAY, MAKCH 24, 1920e I 7 VERY morning 6,000 young women take tneir places at more I v man two miles ot switcnboard, sutrng exactly two teet apart, to render the4elephone service in nine southern states. ' Back of them are 3.000 more hour, each day, year in and year out. i ' : They are your telephone operators. . Not every girl can become a Bell telephone operator. We' are as careful in selecting them as we are in training them. THey must be healthy, of a cheerful disposition and ambitious to win success in life. - The voice that responds to your telephone signal is that of an in telligent human being, quick witted, courteous and anxious to render efficient serviced J -:'T :X;v - " :-: - ' - 'i Telephone operators know the value of co-operation. They help each other in handling calls and this team work is reflected in your service. When you co-operate with them they respond injand and . experience a joy in serving you. Two subscribers and one or more operators make a team. Get in the team. Don't pass on tothe operator your troubles with some body else. She may get fed up on such relations and pass it on to those who do not deserve it. 1 It is essential to good service that telephone operators should Be healthy and happy. For this reason their working conditions are as . nearly perfect as it is possible to make them. . .. x ' . They have attractive and homelike Test rooms pThey Have luncK rooms where proper food, prepared by experienced cooks, is daintily served at less than actual cost. ' . The opertuig rooms are well Kghted, heated and ventilated and every feature or sanitation is thoroughly supervised. ; Their 1 Health land Jiappiness is safeguarded and triey are sur- ' rounded with every protection that the most exacting and solicitious bimomer could,deyise; - - u Telephone operators are frequently called upon to act quickly irf , emergencies wnenvcpurage and presence of mind are required; Al ways the operator has stood out a hero on occasions of this kindt Naturally weare proud of these girls. You would be, too, if you knew more about their workand the ideals and traditions of their profession. , . , t SOUTHERN BELL TELEPHONE AND TELEGRAPH COMPANY, (Political To the Voters of the Eighth Judicial District - " Judge E. H. Cranmer, recently "appointed Judge of this District by the Governor, will not maks an active personal contest with other candidates for this high office; but the un dersigned citizens of Brunswick County on behalf ' of Judge Cranmerwish to announce that'he desires - to 'be nominkted in the primary,-and we wish to call your attention to his qualifications for this exalted position. ' r ; ; , . L ?. r - ' ' v - ' V fifteen years, has represented his district . of trust and honor in his home County. He has always discharged hisvpublic duties with ) distinction. He is a good lawyer, ax gentleman of the highest character and. integrity, a r man' of strong1 moral and religious convictions, and has a fine sense of fairness and justice.'; - He is now Jiblding the courts of therst judicial' District, and will "not be at home to ; come in contact with the voters during the coming campaign, but we wish to call the at-i?- tention of the public to his eminent fitness, and to the i actihat Brunswick County has not f been honored with Judgeship in more than forty years; we urge the voters of the Dis trict to unite in his nomination. - ' Brunswiclc Bar Association, . !, v By J.W. Ruark, Secretary. , ' - b Peter Rourk, Chairman Democratic. Execu- i tive Committee, Brunswick County. J. W. Thompson n . H.W.Hood & Son . ? V H. C. Cooper J. Arthur Dosher, M. D. j. Berg ': . ;. ; . ; ,. - .A.J. Robbing , ' : ' : " J, E. Robinson, Sheriff , -. L. H. Phelps, J. P. J -. 7 . . F.L. Brown, M.iD. ;.' v R. W.rMcKeithan ' , P; S. Howes - , " W D. 'Hiae? Pastor M.E. Church "". ' T ' ' . . Use The Star Business Locals Telephone Operator to keep the service continuous eacK Aavertiaement.) in the. State Senate, and hasiield other; positions L. B. Boney, Pastor Baptist Church ' G. T. Rourk, Merchant Walter B. Clark, Rector St. Phillips Church Cape Fear Bar Pilots Association . by J. J. Adkins, Mgr. ' ; Hood Brothers Company, . By E. B. Northrop, President, John W "Young, Pastor of Pres. Church , Chas A. Russ '.' J. B. Ruark, Chairman Board of -Education W.-O.McKeithan Wm. R. Goley, M- D. . . ' ' W. R. Holmes, Editor, Brunswick News E. LBurris, Fire . Chief arid Building Inspector. . . T ; : . . D. I. Watson, M. D. ' H. PO'Hagan.C.E. . ' for Results Read by Everybody '4 , ; i l i - i r 5 I! It ill t ' ! 'I . I:-
Wilmington Morning Star (Wilmington, N.C.)
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March 24, 1920, edition 1
7
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