ADVERTISEMENTS 
5 4 
Rugs That Satisfy 
In choosing rugs for your liv¬ 
ing room, dining room, bed 
room, sun parlor, or porch—in 
fact any room in your home— 
CREX grass rugs will be found 
most satisfying. 
Their inexpensiveness, com¬ 
bined with natural simplicity 
and artistic beautv, makes them 
ideal for use the vear ’round in 
m/ 
any home—in town or country. 
CREX grass rugs are made 
in three weaves— DeLuxe, Her¬ 
ringbone, and Imperial, in a 
wide range of patterns and col¬ 
ors, and in all needed sizes. 
Don't be deceived by imita¬ 
tions. Insist on the original 
with the name C-R-E-X woven 
in the edge of the side binding. 
It's your protection and our 
guarantee of genuineness. 
Handsomely illustrated color cata¬ 
log with full descriptive matter 
mailed on request. 
CREX CARPET CO. 
295 Fifth Avenue New York 
TRADE NOTES 
Norway’s Import and Export Balance 
According to the report of the Central Statistical 
Bureau of Norway, the total foreign trade of the 
country in 1920 amounted to 4,262,700,000 kroner. 
Of this, amount 3,029,900,000 kroner are credited to 
imports and 1,241,800,000 kroner to exports. The 
excess of imports over exports was about the same 
as in 1919. The report goes into detail regarding 
the particular articles that showed the greatest 
decline in exports, such as fish, wood pulp, and 
ore. 
Turn for the Better in Trade with Russia 
Certain important changes have taken place in 
Russian affairs which the business world looks 
upon as promising greater safety in venturing to 
enter into trade relations with the Soviet regime. 
The latest step toward the reestablishment of Rus¬ 
sia as a member of the community of nations is the 
offer to recognize and pay the pre-war Russian 
debt, and to discuss an adjustment of the debt 
incurred during the war. 
Business World Waits on Arms Conference 
That many of the economic ills of the world may 
be cured through the successful application of the 
principles laid down by the Arms Conference at 
Washington is the opinion of a large section of the 
business world which is following the deliberations 
with increasing interest. An encouraging sign is 
that the leading steel manufacturers of the United 
States are heartily in favor of the scrapping of 
warships, as proposed by Secretary Hughes on the 
opening day of the Conference. 
Plans to Finance Exports Considered 
Both in this country and England exporters are 
confronted with the same problems relative to sell¬ 
ing abroad. The depreciated currencies of most of 
the continental- countries are the great obstacle. 
Various schemes have been proposed, and the Ter 
Meulen plan which has been for a long time in the 
course of organization is considered practical 
enough for England. In the United States there 
is renewed interest in the Foreign Trade Financing 
Corporation plan which at one time promised satis¬ 
factory results. 
Denmark’s Opinion of the Trade Outlook 
While there is a great desire on the part of the 
Danish commercial interests to be as optimistic as 
possible, the fact is not being overlooked that the 
situation is serious. A leading financial publication 
recently came out with the statement that should 
Germany go still lower in the scale as an economic 
entity, all neighboring countries would be bound 
to become similarly affected. German competition is 
also looked upon as a menace to the Scandinavian 
countries. 
Sugar Beet Coming Into Its Own 
As a world commodity the sugar beet is slowly 
coming back to its proper share in world sugar 
production, says a report by the National City 
Bank. Down to about the beginning of the war the 
beet supplied about half of the world’s production, 
but many of the territories in which the conflict 
took place had to cease cultivation. 
When answering advertisements, please mention The American-Scandinavian Review 
