New Orleans Republican. [volume] (New Orleans, La) 1867-1878, 1875-06-16
SOu,h American Trnhe.

Although some " hat ioreshado S.d ~ The
Trnde Junnt last week. j: j. get with
pleasure tina. we are no" enabled TO an
nounce that the prospects nj direct trade
between this city and The orinoc" valley
are most favorabl. At the invitation OF
Mr.. Frederick 4. Johnson. several ieadIIg
business men met Wednesday evening at
the office Of Tie Yrod. .jDuVnni to examine
the plans and representations "f that gen.
tlemen. After briei preliminary, Mr..
johnson read the original charter "f 'he
American. English and Venezuelan Trading
and Commercial Company Oi trginis: the
confirmation of the gran: OF the immense
tract of land by the United States at Eene-
zuela to DIR. Henry N. Price and his assc.
ciates; the official documents by which Mr..
johnson was create! '.ircctGc general and
attorney in fact, with power to confer az
sociate privileges; and other paper. OF i'm.
portance. Some time was then spent in ques
tioning Nj. johnson by various ii the gen
tlemen present in relation TO the resources
of the country, the kind Of article. that are
most in demand, those most valuable to
take on as a return cargo, the best means of
transportation, etc. The gentleman named
stated that among other things th. valley
of the OrinOcO produced tobacc, ,ivaling
that of Cuba. and cotton equal 30 the best
Sea Island. In proof OF the latter assei-
ton he exhibited a small sample grown
near Port Los Tables, on the Caron river
about sixty miles below Boiver. This
sample, although now three Years old and
somewhat disc0lored by age, is "a very fine
specimen, long staple and OF exceeding fine
texture. This cotton is repianted every
fifth year. grows readily two crops year.
and requires u minimum of labor ln-the
cultivation.
Several suggestions were made by those
present as to the best means OF putting
matters into a practical shape, the most of
which seemed to be the charieiing of a
light draft vessel of about 200 tons burthen
loading her at New Orleans with an assert.
ed cargo of st. Louis goods and sending it
under charge OF a suitable person up the
the Orinoco river, touching at the island of
Trinidad. This person, acting for the st.
Louis investors, would be empowered to |
purchase a suitable cargo, and upon return |
of the latter and its sale at st. Louis, a bet
ter idea could be had of the value of such a |
trade. Among the gentlemen present were |
Mr.. Henry T.. laeger, president of the |
Jaeger Milling Company; Captain George
III. Rea, president of the Mississippi Valley |
Transportation Company and president of
the Second National Bank; Moses Rumsey,
OF l.. NJ. Rumsev Il Co.; Dr. William Van
zandt, Andrew Warren, L. +. ID. Arcambal
All the gentlemen present expressed them
selves DESTROYS of assisting in making up
an experimental cargo, and the meeting ad-
journed until next week, when number of
others who were prevented from coming
will be in attendance.
Taking it all in all, we think the Missis-
iippi and Orinoco company has received a
very fair start. The Inducements held out
IT the first meeting were of rather sub |
,tantial nature, and, in the event of success,
San not but prove valuable to the proposed
company. The ice is now broken, and with
he existing spirit of kindly feeling toward
The project, it will be small matter to raise
sufficient to make upa cargo and give the
'ubject q thorough test. All that is
necessary is tor few leading spirits to
AXE the initiative, as usual, and others will
ome H. II, ON the return OF the vessel,
he experiment ia proven success. there
Will DO any amount of capital ready for the
uture, and who will venture to predict
hat st. Louis will not have possessions in
'outh America rivaling the East India com.
any in wealth and powers. Louis TroJe
ottrnuI.