New-York tribune., 1902-08-21
OUR TRADE WITH THE ORIENT
JAMES ). HILL DISCUSSES IT BEFORE TRANS
MISSISSIPPI CONGRESS-

| ST Paul Aug. s-F 4 Thurher. of New-York.
furnished the sensation at the Mississippi
| Congress yesterday. 1t Moses c Wetnore. OF
the Missouri deega ton. today who adopted exact
! ly opposite tactics 10 those taken by Mr- Thur
/ Der. The former could see no harm in trusts and.
| in fact doubted ii any existed
| Mr.. Wetrnore and another Missouri delegate, who
have decided convictions the subject introduced
some extremely strong antitrust resolutions. which
/ referred 20 the committee on resolutions
| The topic for discussion at the morning session
was navigation Of the Mississippi River
I President J. J. HII Of the Northern Securities
| Coupanv was introduced ~ the afternoon session.
his subject being Our Trade with the Orient
! topic on which he has come to be regarded as
/ AUTHORITY He sketohed briefly the trade OF the
/ Orient and the various movements to secure it in
! the past
| From the opening Of Japan to foreign trade, he
said her trade had increased tenfoId. The popula
/ ton OF the Orient. with which might trade.
constitutes about one-half the population OF the
earth He discussed the prospective trade with the
| Chinese people, whom he regarded as more enter
| prising of better business capacity than the
Japauese Lack Of adequate transportation facili-
ties greatly hinders trade AL European countries
go across two oceans to reach that trade which
| they greatly desire. while need cross only
| He gave briefly idea of the great development
, of American trade with the Far East in recent
| years. The shortest and cheapest route from the
cotton fields the Orient is by way of Puget
Sound. He told in detail of the plans
/
rates can be given across the Pacific from any
point in the United States prevail from
New-York by the Suez Canal
Speaking OF the proposed isthmian ship canal.
Mr.. Hill declared ne would not oppose its constrUc-
ton expense OF $3.50. .00O 600. but. his
opinion thirty-hve forty millions spent IN deep
| enng the channel OF the Mississippi between New
Orleans and ST. Louis would give far better results
/ in the end. AS TO money spent the Improvement
OF the upper waters of that river he thought
it would be much better invested in rrigating the
arid regions of the great West. He suggested
1t would be the best plan for the government to
irrigate and develop Loco of land. prob
from sl5 to $25 an acre. thereby creating sund
from which to carry further irrigation schemes
without any expense beyond that first involved
In discussing the trade which the railroads and
steamship lines would best be able carry the
commercial relations quickest would be the most
profitable investment. insisting that chief attention
should be paid TO the farm products throughout
, the entire Western country.
Norman @. kittrell. of Houston, Tex, followed
with address on Texas and her deep water
ports.
its report late in the day, ana IL was adopted with
out opposition
John H. Kirby, of Houston Tex. is the new
president. The secretary and treasurer Will be
lected by the executive committee.
William Henry Eustis. delegate from Mime
apos, ex-Mayor Of that city, precipitated lively
discussion by moving that the address made yes
that gentleman declared mis- non-beIef in the X
istence of beef trust be eXpunged from the
minutes of the congress The motion finally
made Il special order for tomorrow.