New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1871-10-27
DIRECT TRADE WITH EUROPE.

date prospect Of large direct trade Will
Europe, impaired to the meeting held a,
the Cotton Exchange on Monday evening
last, is certainly calculated to strengthen
the claims Of New Orleans to become the
great shipping port for the products Of
the Mississippi valley and the great West.
1t was stated at that meeting that twenty.
i've large steamships were already built
and in course Of construction by different
companies, to run between this city and
Europe in the grain trade. We know
that regular lines of steamships are al
ready established between this port and
Europe, embracing o number Of first
class steamers These have been run
ming successfully for some time. And
now we are told that twenty-five more are
to be placed specially in the grain, trade.
Bread is necessary to feed the toiling mil
lions Of Europe, and the deficit there
has to be made up from the vast
surplus of this country. The
great West is becoming the ganary Of the
world, and. the foreign buyers Of grain
were bound to find the most direct and
cheapest route where it can be purchased
and skipped to Europe. This they have
done and have determined to make New
Orleans their shipping port. Men Of
large commercial experience and enlight-
ened views do not fail to see the immense
advantages that the Mississippi. and its
tributaries confer upon New Orleans in
the way Of trade. These men have, no
doubt, figured out the cost of bringing
grain from the West to this city by the
way of the river, and compared it with
the cost of taking it to New York by rail,
BY the way Of Chicago, and found this
can be made to be much the cheapest
route. 1t is but reasonable to suppose
this is why they have concluded to run a
large number of steamships in the grain
trade between this city and ports of Eu-
rope. What is q matter of economy and
business with them becomes a matter
Of business and commercial prosperity
10 New Orleans; md it behooves our
people to assist in establishing perma-
nently this direct trade with Europe.
The project of establishing lines Of iron |
barges to give cheap and safe Transports
lion to the immense grain trade that may |
be conferred here. should be followed up |
and completed with the least |
possible delay. This will encourage the
direct trade between this city and
Europe that foreigners have in view, and |
n which they have already invested
much capital in building steamships.
'oreign capital will do this much toward
he work Of establishing a direct trade
between this city and Europe, and surely
he property holders and business men
lere will not fail 70 give the small aid
sked for to make this trade permanent.
With the grain trade of the West fully
Inverted this way, there would be con-
fant arrivals and departures of European
at this port. The facilities of
ravel would also be augmented, and
auch OF European immigration attracted
ere that now goes to New York and
Their Northern cities, to make its way
Vest and, South by a much more ex-
ensive route. - "y
All things conspire, just at this time,
favor the revival and extension of the +
usiness prospects of our city. We have
in our power to command the grain
ade Of the West by simply establishing
r it cheap means Of transportation to
1r city, where it will be met by foreign
flyers and foreign ships to convey it to
urope. By doing this and securing the
ain trade, we also secure direct trade
18th Europe that will be valuable to our :
ty in many respects. The profits from
emigration alone might be considered Z
source Of much value. =
| =