The herald. [microfilm reel] (Los Angeles [Calif.]) 1893-1900, 1897-07-21
A VAST FIELD OPENED
WHEN TRADE WITH MEXICO is
BROUGHT INTO LINE
So Thinks Richard Grid, Who Has
Been Making Business Investi-
cations in That Country

Richard Grid, who has just returned
from an extensive tour through Mexico
and along the shores of the gulf is very
outspoken in his impatience that Amer
leans are not more actively engaged in
opening up trade with Mexico. Mr.
Grid has been making investigation into
the existing condition of things in that
country, and although mines and min
ing have been his special lines, he has
examined carefully into other resources
there and the country's needs. When
seen yesterday at the chamber of COM
merce Mr.. Grid said:
Now Is the time for our merchants to
show their enterprise in trade. There is in
unlimited opportunity for Angelenos
along the western coast of Mexico. This
city is the natural point of supply for that
whole section. There is monthly steamer
connection now, and we have more than
600 miles advantage in distance over all
rival points. 1t remains for business
men to get in their work"
.American goods are more in de-
mand now than they ever have
been in Mexico. Until the pres
emit time the Germans have done all
the business there, but the Mexicans
have come to recognize the superiority
of the American wares. This is true
especially of our canned goods hard
ware and machinery. And another feat
ure which strongly appeals to the Mex
lean is the low cost of American goods.
I'm nearly every port you will find a
German vessel either taking on or dis
\ rrr;r 7 rte II = 1ay
that Americans must grant credit to
the Mexicans German merchants grant
it for two years as readily as Ameri-
| cans are accustomed to doit for as many
| months. The people are good pay, and
there is practically no risk in this credit
for this reason: In Mexico there ars no
bankrupt laws. You never hear of fail
ures. A man who fails is never freed
| from his just debts, but is held to them
rigidly-throughout his life, if necessary.
1.-THE country is very fertile along the
coast, and the climate not too hot-not
nearly so hot as the San Joaquin VAL
ley. The maintains are barren but are
| full of minerals. The Lodges are i'm
mense and run high. While down there
l made over 1000 assays and Travelled
thousands of miles on muleback, and
became we'll acquainted with the coun-
| try. 1t is inaccessible from an Ameri-
can point of view, so far as good roads
are concerned, but there are well-worn
mule trails all through the mountains
When once American capital, genius and
enterprise get into that region it will
be the biggest mining territory any
where know of no other section 80 full
of opportunity for men of small capital.
To get along, however, it is necessary
to understand and, to some extent, speak
the language of the country. There are
few Americans there now, and l met
but two traveling-men all the while
| was down there.
"There are some great mines down
there, especially about La Paz and San
ia RosaMa. The French Rothschilds are
gobbling everything in sight in the way
of good Mines and the country is bound
to boom sooner or later.
what l particularly wish to have
known, however, is that our business
men don't begin to appreciate the
chances they are allowing to slip. We
have tremendous advantages offered
here and should not let them pass.
Zone other thing: The Germans Of
fer sort of reciprocity in trade to the
Mexicans They supply them with nee
essary wares and take their dye-woods
and other products to foreign markets"