The morning call., 1893-09-02
TRADE TO SYDNEY.
A Semi-Monthly Service
Needed.
Consul kapus Tells How California
Can Increase Commerce With
Australia.

General William Kapus OF Portland
Or, United States Consul at Sydney, ar
rived here on Thursday on a sixty-day
leave of absence. He will attend the wed
ding of his son at Alameda next Tuesday
and then go to Portland.
General Kapus has for many years been
engaged in active business in Oregon and
has broad views on the question OF devel-
oping commerce.
Speaking of the commercial situation AT
Sydney, General Kapus said Yesterday to
CALL reporter: confidence is return
lng Ii Is slow in coming, and it will take
some time to recover from the effects of
the recent panic, but the worst has been
experienced. the banks see that they
must adopt different policy, and this they
are DONG as rapidly as circumstances will
permit. They Will in future confine them
selves strictly within the lines of legitimate
banking, and Ii may be safely set down that
hereafter no bank Will accept securiti es
which cannot be made availa bic at short
notice. Sheep-station property will never
again be regarded as good collateral by
the commercial banks.
30 great are the natural resources of
the country that prosperity will be re-
stored In short time. and public conf
dence in the ability Of debtors 10 meet their
llanllltles VIII again be established.
Sydneys geographical position and her
unsurpassed harbor are proof that she
must become the great metropolis of Aus
traHa. She Is the terminal port not only
OF all the British, French and German
steamship lines. but also of those plyip,
between American and Australian ports.
ne Paclhc Cnast is so much nearer to
Australia than Europe that am surprised
our trade relat Ons are not closer. If 7
might 0e permitted to express an opinion
should say that fortnightly service be-
tween the Pacific Coast and Sydney with
steamers that could make the passage in
elRhteen or nineteen days would be a DOW
ertui entering wedge into the trade that
now goes to the mother country / COM
prehend that 1t is one of the hardest things =
10 tue world to change the channels of
trade. out we have thousands of miles dis
lance In our favor, and the task is not so
nara as II appears on the surface.
=, Australians like our goods and they
Ike American people, and the principal
reason Tor continuing to buy goods for
Europe IS that they have so much better
transportation facilities. faster steamships
ana sailing days much closer together
Australia doesn't manufacture anything
and IT IS an immense consumer. The
wealthy people, and the middle class for
Lnat matter, would prefer to travel to
Europe via San Francisco though the
passage is longer. but the trouble is that a
month lal Ses between steamers.
Ihe increased trade which would re-
suit from service twice month from
TINS coast would have to be builtup gradu-
ally and Government aid would be re-
qulred at the beginning and while the
trade was being developed.
was surprised and gratified by the
warm feeling of friendship manifested
wherever | went toward the United States
aud feel assured that here is basis for
establishing profitable. reciprocal trade.
Ihe Pacific Coast ought to meet the OPP
p0rtunity."
A Thieving Sailor.
Frank Hansen, sailor who had just