, 1869-04-07
HOW TO SECURE TRADE

4Ae c1Ne6 0l Oh LOUIS anu AempnH arc ]
holding Commercial Conventions to leiise
means Of attracting the grim trade Of the
Northwest down the Mississippi on its way
to New York, the Atlantic Beaports and Eu-
rope. At sethe largest meeting Of ner-
echants ever held in St. Louis which oc-
CURED on the 9Th instant, it vas proposed
to form c joint stock company With cApi-
tai Of 100000, Of which $4,000 was
sctually subscribed, for the purpose OF
9 making St. Louis grim depot whore
t'wheat in any Quantity may be purchased |
ssfor export as well as for home consump-
.:'tion-"
The usual figures were arrayed to
show TINT wheat could be carried to New
York and Liverpool cheaper rin St. Louis
and New Orleans than By Chicago and But
falo, and that foreign goods can be brought
10 St. Lonis cheaper than to New York
The convention at Memphis, to ho held on
the 18th Of May, will aim to "buiM
sup direct trade with Eu-
ssrope through South atlantic seaports,'
10 further Southern Pacific Railroad and
rebuild tho levees Of the Mississippi.
Both these movements Seem to Rssu1ne
that tie more distant the points between
s=hicn unde is conducted, the greater viii be
fhe prodt Of tho commerce. Exnctly the
reverse is true. Both assume, also, that
the prosperity Of these two cities is to be
obtained by DETECTING the natural currents
Of commerce by artificial means, as Butler
attempted to turn the channel Of the James
River through Dutch Gap Canal, or as Gen.
cral Grant tried to divert the aow Of the
mississippi 60 as to leave Vicksburg high
nnd dry inland- But all such experiments
whether in the currents Of nature or COM
rncrcs, have failed, and the people OF Menu
phis md St Louis would save and make
money and improve their commerce
more IN one year By employing the facilities
for tade and manufactures which lie un-
Developed around them than oy taking up
charity collections tor ten years 10 overt
foreign commerce from distant points.
The most profitable exchanges are those
which arc made with least cost OF tsanspot'
tation, and hence between communities
dwelling IN the immediate vicinity OF eacn
other. The most profitable OF all trade Il
our home t1ade, OF when our 1oFe1eh u'os
IS the mere incident nnd e1eseseeneo' ~
LOUIS Is h8aate WIN fe1e1enee ~ lne ~.
and ifon mining o,stsae's u assoa' 49, TO-.
muen 81 fo1lAoe'pn,n ASH: ~ ~ .e'a ~ ~ = >
o' fennss4' ~ ~ 1..,,.,,"s;, =
A+sussi e4A. 1- :. ~, ~
sne nilss's'4pp' s.~:,,. :,
keucy enp'os AeA
tne 1ninetsn auu ' s,us
me STATE, IN 1u.t'lnsis i0 ~.
dnes' fo1une mn1s ano ina,,uaaetosio' u. s''>,
hardware, her exchanges u paese pSodo1'
Tor The oreaastuas o. the NORTHWEST anu =
ullnols would ne oesh vast anu pton'aol' ~
ST. Louis Is nnA1a1&n9 tne eAs''.p1e ~ -
monkey IN the iaole, VINO, IN us7ne ~ slt7
others ponidge' alio"ea tae" ~ 5oo ''S ."
olsh- Foe VINE sne u saseeeu36 i'e1 'nln
to trnde N wheat against cnacaeo' fenns!
vania Is selling her inc 'son 'of hes own III
rosda II Is NOT o1seet uaoe WIN EURO
thst either St Louis or Momphis want b
:. duect and lively t1nde ~'th every town q
Crossroads, with every fafn and mine
Missouri and Tennessee. AL that Is nee
Ba.y to produce this profitable hon
= trade Is enterprise and lab
The iron Of Missouri IS
active demand at paying prices It Is y
sou''H oasu1aa monopo's IN s3aoe' osn
States can produce and ship wheat eneaf
than sne, bit they cannot make III
Mempnas ms nke advantage N co'ton
otnef psoooc's' Ans'esu OF saponne
conventions AbOnt lines Of packets to