The Savannah morning news. (Savannah, Ga.) 1900-current, 1902-04-30
THEY SHOOK HANDS
ExPONENTs OF COTTON TRADE OF
TWO CITIES MEET.
SAVANNAH GREETS BREMEN.
VICE PRESIDENT HEINEKEN OF
BREMEN COTTON EXCHANGE
HERE.

Met President j. p. Williams of the
Wishes for the Continuance and
Prosperity of the Cotton Trade
Exchanged-Mr. Heineken Discus
SEES Bremen and Its Advantages.
Its Position as n Cotton POrt-Hzs
Views on MOrgan's Steamship Con-
sOIidation-Does Not Apprehend
Damage TO Tramps.
The vice president of the Cotton Ex
change of Bremen, Germany, yester-
day met the president of the Savannah
Cotton Exchange, and there was an ex-
change of best wishes for the continued
success of the two institutions and the
continued prosperity of the cotton
trade. President Williams welcomed
Vice President Phillip Heineken to
Savannah, and the latter assured the
former of the pleasure it gave him to
be here.
Mr.. Heineken is a member of the
German firm of Heineken & Vogelsang,
which has branch in Savannah and
ClAC III <AAS hoAfl- A4t lNcANNS AO-0oJ III
Augusta, where he will call upon the
head of the branch of his firm in that
city.
A representative of the Morning
News called on Mr.. Heineken yester-
day, and that gentleman spoke pleas
antly of his visit to the United States
and Savannah, in particular. This is
not his first trip to Savannah, he said,
but it is always pleasure to him to
come here.
Bremen and Savannah" said Mr..
Heineken, ARE very closely united
commercially, and 1 trust that the cor
dial relations obtaining between the
two cities may ever continue to the
mutual profit of both. Bremen offers
an excellent port for the reception of
American exports shipped from this
city. So great are my city's advan-
tages and so well have they become
recognized that it has passed Havre,
and is now next to Liverpool in its
importance as a cotton port.
There was a time not long since
when the Weser was not navigable for
vessels of great draught as high as
Bremen, and they had to discharge
their cargoes at Bremerhaven. This is
still the case with some of the great
liners, but the largest cotton steam
lily ascend the Weser as far as Bremen,
fifty, miles from its mouth, and dis
charge their freight Millions have
been spent in the channel in late years,
but they have been well spent and
Bremen has profited greatly by the
addition this has meant to her COM
MERGE"
What do you think of Mr.. J. Pier
pont Morgan's plan to consolidate the
THnG-A tia ntio II
Heineken was asked.
1T is, l suppose, wise measure"
he replied brought about by the
necessity for establishing some uni
formity in rates. l do not know how
it is viewed in Bremen, Hamburg and
the other ports of Europe, as 1 left
prior to the announcement of the plan
l see no reason, however, why objec-
tons should be raised, for the COM
panies have probably found it impera-
tive that cost of operation be reduced
and certain charges be decreased"
DO you think that such a CONSOLE
dalton could effect the cotton trade be-
tween Savannah and Bremen or be-
tween Savannah and some other port?"
Il do not" Mr.. Heineken replied II
do not see how the combination could
control the tramp steamships. 1t is an
easy matter to build a steamship, and
liz lSllt Cdll DG StCuIeu ny one. Cdpl-
talists are not hedged about by the
same difficulties as those they meet
when they seek to build a railroad,
which might be killed by competition.
Besides, so much money is not needed
to build a ship. No, 1 do not think
that there will be any difficulty about
getting all the tramps that may be
needed for this business.
Rather than doing an injury to the
business of the tramps, 1 believe that
such a consolidation would help it, in
that it would mean a uniform rate on
the big liners. Tramp steamships
would profit by this, as they could
keep up their own rates better if>they
did not have the fear of rate cutting
on the part of the steamship COM
panies besetting them"
Mr.. Heineken has met number of
Savannahians during his stay, renew
ing his acquaintance with old friends.