The Norfolk Virginian. [volume] (Norfolk, Va.) 186?-189?, 1897-06-04
C0MMENCIAL CONFERENCE.
EofcfGn Delegates (iivo Their Views
on rrnsle RGlniiunS

tHMMERCIAL CONFERENCE.
Foreign Delegates Give Their Views
on Trnle Relations.
Phtladclphta, Pa, June S-Nhc inter-
h;atlonal Commercial Conference held It's
session this morning in the PHILADELPHIA
commercial Museum hall. a. number OF
addresses We're delivered by foreign,
delegates. all OF which related to the
commercial, banking and Industrial con-
ditlons prevailing in the respective coun-
tries represented by the speakers, and
IN an or which suggestions were en-
bodied looking to the increase Of trade
with the United States
Hberoda lIegerwitch, delegate from
the Chamber or Commerce Of the City Of
Mexico. said that Mexico obtained the
greater portion OF it's supplies from Eu-
rope. He stated that ono important fact
which led TO his was that European
manufacturers and dealers gave from
six TO nine months credit to the NlexL.
cnn buyers and We're also liberal in their
extensions of credit. He said there were
no cash transactions III Mexico as there
are In this country He said the laws OF
Mexico gave strong protection to. credi-
tors ana hc suggested that American
manufacturers should make q study OF
the credit question in Mexico.
f'rederlco Kunhardt, representing the
Chamber OF Commerce Of Guadalajara,
Mexico. took for his subject Mexican
l.l3anlSines ttlld s.sSa end gave Interest,"
| Ing statistics showing the rendition OF
the banking institutions or that country
and their credit relations with the do
| lncstic commercial establishments and
with European capitalists.
j. a. Robertson, delegate from the
Chamber Of Commerce OF Montery, Mex
leo. spoke Oh American trade in Mexico
Nlr. Robertson said in the course OF
his address that the reason Fer N1aics-
tvs united Kingdom controls SO much OF
a np hIAl ,-fn ,i,.in &c, 1,f-
cause she subsidies steamship lines and
| sends her cmssaries OF trade to the re-
| moteSt parts OF the earth, and says:
| Commercial conference
Il want to buy what you have to sell
nnd want TO sell you something. T am
ships" Continuing, Mr.. Robertson
said: '"rhe product OF tho Central and
south American states will never be
brought here until you provide some
way 10 transport that which you wish
to sell and provide some way to bring
bach that which your neighbors through
the South have to sell. They want to
buy from you. they want TO buy your
machinery and your manufactured pro-
ducts and they want to interchange
their products. They want to sell you
hemp and they want to sell you mahog
any and q thousand and one other pro-
ducts OF that glorious land"
Captain Cordcrdo de Graca, repre-
senting the engineers club OF Rio Janet
70. Brazil, discussed the commerce be-
tween the United States and Brazil and
the means Of communication in that
country.
Captain Graca stated that at the BAN
quie! last night he had presented
somewhat lengthy letter to President
Mckinley and that distinguished gentle
man had Informed him that he would
forward reply as early as possible. A
copy Of the letter was read to the confer
cnce today. a portion Of 1t read as fol-
low:
1T IS our hope that your government
will endeavor to develop by means Of
Congressional action q system Of naviga-
tion between our countries, which in
the past years has been so badly neg
lected. and for which everything is ready
IN both countries except the practical
means TO carry them out. In fact, may
cay that people in both Of our great
countries are suffering for the want Of
practical means Of navigation, which Is
TO connect them, and only needs the
stamp which can be had by legislation,
the details OF which propose to pre-
sent to cur government at an early date,
'It is also my Intention to propose d
plan for the establishment Of an Inter-
national banking system BETWEEN your
great country and ours, which will ena.
bic us to do business with aach other
without being compelled to pavsa COM
mission to England which is tho case at
present. have plans by Mliich this
practical and mutually profltable.