The Houston daily post. [volume] (Houston, Tex.) 1886-1903, 1897-06-04
TO INCREASE OUR TRADE.
Practical Suggestions Come From
American Countries.
TOO CHaRY OF CREDIT IN MEXICO.
There Ia No American Merchant Ma
rinr TO Push Commerce with Ccn-
trail and south Amcricn.

| Philadelphia, June s,--Tho in,crnationa
commercial conference held i,s session THU
morning In the Philadelphia CommercIa
Museum hall, A number OF addresses wer,
delivered by foreign delegates relating I,
commercial banking systems prevailing "
tho respective countries represented by tn,
speakers. and in nil OF which suggestions
| werc embodied looking 10 the increase OF
trade with tho United States.
ncroda Negerwitch. delegate from the
chamber Of commerce OF the city OF Mex
leo. said that Mexico ohtaincd the great
portion OF its supplies from Europe. Hc
stated that one important fact which led
to this was that European manufacturers
aud dealers gave from six 10 ninc months
to their huyers and tho McNicans were Glsu
liberal IN their extension Of credit He
sUla there were no cash transactions In
Mexico as there are IN this country. He
said the laws Of Mexico gave strong pro-
lection to creditors aud suggested that
American manufacturers should mako Il
study OF this credit question In Mexico He
wea certain they would find ii adyAn
tageous and profitable to increase their
trade In that country, He also added lhnt,
with other advantages equal. the McSicnns
would much prefer the excellent manuinc-
lures OF America to those OF Europe. which
now are seneially used there
Mr., Robertson tMcS,col naid In the
course OF an address that the reason the
United Kingdom controls 30 much OF the
trade OF the various countries Is because
she subsid,ges steamship lines and sends
her cmlesarlcs OF trade 10 tho renoteSt
parts of the earth, ana said. ~ want to
buy what You have to sell and want TO
sell you something, am asking You to
take II IN my own shipa,
Continuing Mr Robertson said tho pro-
ducts OF the Central and South American
states viii never be brought here until
Won provide some way To transport that
which Won wish TO soll and provide some
way 20 bring back that which your neigh
bors 81 the South have III sell, They want
10 buy from you hut they want 10 inter-
change their products.
CAPTAIN Grata taio de IRneiro, stated
nj the banquet last night he had presented
a somewhat lonpth letter to President Nc
kinlcy and that distinguished gentleman
had informed him he wp,ltd forward Il
reply as ostly an possible. y copy of the
letter was read today. portion of 1t Ia
IA follows;
IT IN our hope that yonr government
win endoavof to develop by means of
congressional action system of naylRa-
tlon between our countries. which In the
past years have been 80 sadly neglected
aud for which everything ia ready In both
countries except tho practical mUnns TO
carry them out In fact may say the
people IN both our great countries are
suffering for tho want of practical means
OF navigation which Ia 10 eonnectc ,hcm
and uniy need the steam which can be had
by legislation tho details Of which ! pro-
pose 10 present TO our government II, an
early date
at is nlso my intention TO propose a
plan for the establishment OF our interna-
tionnl banking system betwacn youi great
country and ours, which viii enable MS to
do buet1icEs with each other without he
ing compelled 10 pny commission TO
England which is the case now Ths very
hnancierH have assured me that
an immense business can be done IN a di-
rect way between our two countries. aud
oan already assure you that some OF tho
most solid banking houses of both coun- |
rles are ready 10 40 into tho American |
Brazil International company"