Salt Lake Tribune | 1904-03-10 | Page 4 | American Trade With Italy

AMERICAN TRADE WITH ITALY. The American Consul-General at Rome, Hector de Castro, has made and the Department of Commerce has printed, print-ed, an excellent report on "Italy as a Field for American Trade and Capital." He shows that commercially and financially finan-cially Italy Is much dependent upon foreign for-eign countries, and that thus far the business men and exporters of this country have taken little or no part in supplying the needs of the Italians In these respects. ' It is shown that owing to lack of enterprise en-terprise on the part of the natives, early induetries were largely established by foreigners with foreign capital, and these industries are still run by foreign capital. Thus, the mining Industry Is generally controlled by British capital. Apnong the chemical Industries a great number are foreign concerns. But the pig Iron, glass, textile, paper, tannery and furniture industries are so developed devel-oped that there is little left for foreign competition, Inside or outside the country. coun-try. The especial things which the Consul thinks the United States could sunnlv arc agricultural Implements, utensils and tools of various kinds; electrical machinery, In which this country leads the world; toys and notions We should increase our exports of cotton, India now supplying moro than wo do to Italy; we should compete more keenly with Russia in supplying wheat, of which Italy Imports Im-ports more than a million tons. In tobacco and heavy oils the United States hold undisputed control. The same Is true in wood pulp, and the trade in this, as also In paper, could be much increased. And Mr. De Castro thinks that In general "the United Slates, having hav-ing by its enormous production all the elements of success, should very seriously seri-ously consider the Kalian market and ptudy the means of meeting competition." As' a means toward forwarding American Amer-ican trade,, ho urges the establishment of a commercial museum at Milan; the sending of competent men to study the commercial conditions,' the customhouse custom-house ss-stems, transportation, and the competition which would have to be met. The suggestions are excellent, and the report 'as a 'whole Is a sample of the excellent work which our consular ser-vice.'ls":c6nstanty ser-vice.'ls":c6nstanty doing, Wd.which has mads' It the 'admiration ami Hie envy of the world.