Show mm N STEEL IN D I 1 iffla A N 0 1 N I 1 AFRICA I 1 I 1 AT FIRST AMERICANS COULD MAKE NO HEADWAY I I 1 1 I 1 but now the superiority of the steel Is recognized even by the dutch I 1 now new york may 22 L A servatius lus ius of new york has returned after a years absence in south africa where I 1 lie he went to introduce american steel into that country south africa said mr air servatius in an interview is at present on the throes of a financial depression that will only end when tho there 16 learn arn that this country and all others are again on a sound financial footing then there will be a boom therlo there the dutch are at present doing the big steel bd business siness there but when I 1 showed them that the steel of this country buas not only better than is 19 made anywhere else but that it could be laid down to them at a smaller cost coit they loo looked ked k ed into the matter and now americans are making some headway there in the steel business I 1 1 I have been going to the south I 1 african market for several overal i years and find that every time ilme I 1 go I 1 make better I 1 headway the fence against which I 1 I 1 americans falter is the eight per cent export discount allowed the dutch by tile the government for all material that is sent from froin the biome market while american steel has to pay a three othree per cent tax nevertheless americans ire are the power there now in many of the larger enter enterprise ej e j and the country looks good to me for the continued advancement van cement of american enterprise 1 1 1 |