| Show i I 4 f S. S t Wake Up or Germany Will Have Your Trade Is Warning Danish Chancellor Reveals Teutonic Methods of I Outwitting An Amateur a ur Exporters I SAN FRANCISCO June 25 Unless Unless I the United States changes changE's her present business course within five years she will be virtually without foreign markets m markets mar mar- r- r and Germany through the use of business sagacity will have captured captured captured cap cap- them Such Is the solemn warning of an International figure in finance and commerce the commerce the Vice Admiral A. A de Richelieu chancellor to the king of Denmark president of the largest DanIsh DanIsh Danish Dan Dan- ish bank owner of a fleet of ot commerce commerce com corn merce ships and a recognized figure In international trade He Is now In Inthis Inthis Inthis this city on the i at lap of a national tour His predictions however hang upon tho the small but important word IF For there Is a solution he says and he offers this to American business 1 America I.-America could control the entire Baltic trade if she would establish a n distributing point at Copenhagen and from there distribute her goods by smaller ships making a definite run on sch schedule dule The Germans are doing this from Hamburg and may soon have all the trade America manufacturers act like amateurs in shipping On a a. single trip an American vessel puts Into three or four ports ports and and loses money Centralization is needed 2 Give Give credit With her cheap la labor la- la bor for German workers are paid 9 cents an hour and with her low valued valued valued val val- mark Germany can cnn undersell the United States But she cannot extend credit and arid the United States can Many lany of the most Important markets of the world orld are unable to purchase goods because because be because be- be cause they cannot pay They rhey are good security but b the American manufacturers manufacturers will not help them So they turn to Germany and even In her hr de depressed depressed depressed de- de pressed condition Germany is allowIng allowing allowing allow allow- ing sixty da days s 's credit 3 Within Within ninety da days rs from the time America sees fit to extend credit and to open Russian ports to the world Russia will wUl b be ready dy to meet financial obligations and take talce up the work of reconstruction 4 One One of Americas America's great needs is a chamber of national salesmen to attend to foreign trade American manufacturers manufacturers manufacturers continue to sit back and wait walt for world business to come to them That Is not god business need is the cutting down cost fo production American factories are working on an average average- of three or four hours a day German factories work twenty twenty foul tout hours a day and thus cut down the cost of production And from his stock of Intensive studies Admiral de eu adds this new and somewhat sensational declaration I Germany does not want the mark to togo togo togo go up In value at value at least not until she has captured world markets about in paying the tho indemnity Germany has nothing to worry She sells goods to England France and other countries gets credit for pounds francs or dollars in exchange Then in paying off the debt she will simply cancel what is owed her thus keeping In her own country all cheap marks where they will not later have to be redeemed at face value Germany today is in the best position position position tion of any nation In the world in the therace therace therace race for commercial supremacy Aside from the reparation she has no further debts because she could not borrow to torun torun torun run the war No other European nation nation nation na na- na- na tion can the same American exports across the Atlantic Atlantic Atlantic At At- lantic have dropped more than 60 per percent perI percent I cent since last year In one year Germany Germany Germany Ger Ger- many has cut that deeply into AmerIcas AmerIca's Americas America's Americas America's Amer Amer- ica's markets The rhe result can be seen in m closed factories and unemployment in this countr country Before the war the International Harvester company shipped to Copenhagen Copenhagen Copenhagen Copen Copen- hagen for distribution to the tons annually of machinery they now ship tons Germany I controls th the difference |
