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Show TRADE PROBLEMS OF THE WAR. When our foreign shipping gets under un-der way trade throughout the United States should improve That is the opinion of F. Augustus Heinzo of Butte, now in Salt Lake, who, in an Interview save. "The new shipping bill, I understand, under-stand, has been passed by congress nd was to have been signed by President Wilson today. It will authorize au-thorize the president to admit for eign-built ships to American registry so that those following commercial pursuits may sail under the protec tion of the American flag. I have been told by constitutional lawyers that there may be danger of the bill violating certain neutrality laws. Others, however, are of the opinion that the bill is a safe one There was in this same connection to bo introduced in the house today, providing provid-ing the administration approved it, a bill creating a government war risk insurance bureau, the government to insure the vessels needed to carry products from the United States across the seas These bills may pave the way for the necessary transportation trans-portation facilities "In regard to the various exchanges, 1 read that Kuhn, Loeb & Co of New York are negotiating with London bankers to break the foreign exchange ex-change deadlock and enable our trade with Europe to move freely, dependent depend-ent only on ships and insurance. The plan is to deposit gold with official agencies in London and New York, neither country to withdraw any balance bal-ance in gold until six months after the end of the war. Payments due in America on the part of English institutions are to be paid in at the Bank of England in trust for the account ac-count of the American agency and the equivalent paid out in New York at an agreed rate of exchange. The same, thing would be carried out for money due in England on ihe part of American institutions. "If these plans go through we will undoubtedly have a market for met-ali met-ali and product! of all kinda. In view of the tremendous demand that will have to be supplied, prices of all commodities must rise in answer to the economic law of supply and demand." de-mand." The constiiutional lawyers who fear the new shipping bill may violate certain neutrality laws should be pushed to one side It will be time enough to bring up that question when foreign nations begin to complain. com-plain. Something must be done to obtain ships to carry our products across the seas and, if necessary, even a doubtful courae should be pursued, pur-sued, if it promises results The financial plan proposed to prevent pre-vent a dlBturbancp of the gold reserves re-serves in England and the United States would force the banks of this country to carry an immense credit balance with the English banks, oa this country will buy little from Eng land while selling hundreds of mill Ions of dollars of farm products and manufactured articles. n n |