May 1, 1920.] 



THE INDIA RUBBER WORLD 



487 



sides until the rivets begin to fall off. A blinding cloud of 

 steam, released from a pipe nearby at the critical moment, gives 

 the final touch of realism. 



A movie director who had much trouble in getting real bovines 

 to yield milk when, where, and in any quantity wanted, commis- 

 sioned the company to produce for a wooden cow he was having 

 built a huge udder of rubber. The result was the most docile 

 bossy imaginable, which broke all records as a milker. 



Another order was for an air-cushioned bag into which a man 

 could be fastened and then thrown off the roof of a sky-scraper 

 to bounce about in the street below. Up to date this order had 

 not been filled. 



A harrow turned upside down is a murderous looking affair, 

 especially when an I. W. W. hurls an liunest farmer upon it. 

 With teeth of rubber, however, one falls very comfortably and 

 the movie rubber factory makes such teetli 



Every fresh demand for bird, beast, reptile or appliance en- 

 tails special problems and often original tools and appliances. A 

 considerable degree of general knowledge and engineering skill 

 are required, but above all adaptability and inventive faculty are 

 prime requisites. For example, in building a huge rubber shark 

 weight distribution must be studied so that the completed crea- 

 ture will float, not only right side up but on an even keel. There 

 is also the difficulty of holding air in the hollow carcass once 

 it is submerged, as a very slight extra pressure will force the 

 air out and bring about a 

 collapse. 



Take it all in all, the busi- 

 ness, although fascinating 

 and specialized in the high- 

 est degree, is not one that 

 every one could engage in 

 successfully. It is, however, 

 another triumph for rubber 

 and has made many hazard- 

 ous and impossible scenes 

 safe and successful. 



A Screen St.\r Dressed in 

 Rubber. 



ties of painted fabrics 



ferred, it is impermeable to moisture. 



NEW EFFECT IN RUBBER. 

 IZED RAIMENT. 

 A novelty in dress, of in- 

 terest, is a black cambric, 

 glossy, rubberized cloth, 

 garment in which Miss Bebe 

 Daniels, Famous Players- 

 Lasky motion picture star, 

 recently appeared. The 

 gown is modishly designed 

 and it made a particular hit 

 In the studio, where it photo- 

 r^raphed with even more 

 luster than satin. The mate- 

 rial, which has already been 

 tried to some extent on 

 women's hats, is much 

 thinner, lighter, and more 

 pliant than the finest quali- 

 enamelled cloth, and, as might be in- 



FIRST FEDERAL FOREIGN BANKING ASSOCIATION. 



In passing the Edge Bill, Congress has provided r,iachinery, 

 in the form of international banks under Federal charter 

 and under the direct supervision of the Federal Reserve 

 Board, for the financing of this country's export trade. The 

 great depreciation of European currencies in international 

 exchange has erected a barrier against the export trade of 

 the United States. Manufacturers who have built up substan- 



tial markets for their products, particularly in Europe, 

 through years of effort, are finding it increasingly more 

 difficult to continue the sale of their goods. European pur- 

 chasers of our products are unwilling to settle at existing 

 rates of exchange, but in many cases are willing to continue 

 to do business on the basis of credit in the belief that as 

 the work of rehabilitation progresses production will increase, 

 and tliat within a reasonable time exchange will show a 

 favorable improvement. 



Up to the present time, however, the American manufac- 

 turer has had no banking facilities enabling him to meet 

 this situation, or permitting him to compete in foreign mar- 

 kets on a credit basis. 



The Edge Bill is so drawn as to permit the association of 

 banks and manufacturers in the organization of foreign bank- 

 ing corporations, and in the organization of the First Fed- 

 eral Foreign Banking Association this plan has been followed. 



A group of banks selected in New York, Boston, Phila- 

 delphia, Buffalo, Bridgeport, Worcester and Springfield, 

 Massachusetts, have underwritten the capital stock for the 

 benefit of manufacturers, in their locahties, who are inter- 

 ested in foreign trade. The stockholders of the new bank 

 will, therefore, be manufacturers and banks. The manufac- 

 turers, in contributing their business to the bank, will share 

 in the profits of such business. The banks will act as the 

 distributing centers for acceptances, guaranteed paper and 

 other obligations issued by the bank. The new bank, there- 

 fore, has the features of a mutual company through which 

 the manufacturers who are stockholders will obtain capital, 

 for financing their foreign business, from the investors of 

 the country, and in furnishing business to the bank will par- 

 ticipate in the profits of it. A line of discount on foreign 

 paper bearing some proportion to the capital invested will 

 be granted to manufacturers who are stockholders. In effect, 

 therefore, the proposed plan of organization contemplates 

 that manufacturers interested in foreign trade shall, through 

 their stock ownership, provide a margin in the shape of 

 capital which will furnish an additional security for the obli- 

 gations to be issued to the public. 



The initial capital of the bank will be $2,100,000, evidenced 

 by 20,000 shares of a par value of $100 per share, and 1,000 

 founders' or managers' participation shares of the same par 

 value. These latter shares are to be entitled to receive IS 

 per cent of the net earnings, and can be held only by the 

 founders, directors and officers of the company. The pur- 

 pose of these shares is to enable the organization to secure 

 men of exceptional talent and experience for the work of 

 managing this enterprise, and to obtain the close coopera- 

 tion of important agencies abroad. The stock of the First 

 Federal Foreign Banking Association, including the found- 

 ers' or managers' shares, has all been underwritten at $105. 



SHIP BY TRUCK— GOOD ROADS WEEK. 



National Ship by Truck-Good Roads Week, to be observed 

 May 17 to 22, inclusive, is being planned throughout the country. 

 Tentative plans include motor truck tours covering virtually 

 every section of the country, giving practical demonstrations of 

 the utility of truck transportation and preaching the doctrine of 

 better highways. 



Other plans include essays by school children, sermons and 

 the distribution of literature, all designed to arouse interest in a 

 national program of highway construction along lines already 

 advocated by such organizations as the American Automobile 

 Chamber of Commerce, the National Grange, the United States 

 Chamber of Commerce, the National Automobile Chamber of 

 Commerce, the National Association of Motor Truck Sales 

 Managers, and the Ship by Truck Bureau. 



Public officials everywhere heartily approve the general idea 

 involved in ship by truck week. 



