The Birmingham age-herald., 1914-06-08
AMERICAN TRADE IN SOUTH AMERICA IS -NOT ENDANGERED A. B. c. Mediat0rs Cause of Fine Feeling Toward the
 United States FEARS FELT OVER
 MEXICAN MUDDLE But South America Has Become Firm ly Convinced That the United
 States Is Not Seeking
 More Territory
BY HOLLAND

New York. June 7.--(Special.)- )-For a while after the Mexican situation became acute and especially after Huerta had proclaimed that the attitude of the United States toward Mexico was inimical to and would be resented by all of the Latin American nations the apprehension was strong in commercial and exporting circles in this city that there would follow a considerable falling off of our interna- tional trade with South American coun- tries.
 Since the arrival of the A-B-C mediators in this country this apprehension has ceased There are good reasons for the inference that there may have been in- formal communications especially from Chile, Argentina and Brazil, intimating that whatever be the outcome of the Mex ican situation it will be without any effect upon the commercial relations between the United States and South America. No- where in South America, at least in we'll informed circles, is there now any sus- picion that the United States purposes territorial agrandizement at the expense of Mexico. For some years. and partic- uary since demonstration was made that
 
 the belief has prevailed in south Amer ica that territorial aggrandizement is not in the minds of the great majority of the American citizens
 If there should be any falling off In this calendar year in our trade with South America, or if the rate of yearly increase which has been noticed for the past 10 years is not maintained, it would be pos sibe to explain that by the fact that there is some depression in South Amer ican and some oyereXpansion of credit has been permitted there.
 Inquiry today among some of the lead- ing exporters to South America brought out the information that they are still exporting to that continent and have good reason to presume that they will continue to export a large amount of American manufactured commodities. The managers of one of the greatest Amer ican industries said III reply to this ques- tion that their exportations to South America have been highly satisfactory, and that they had good reason to believe that these exportations would be con tnued and increased. One of the reasons why the electric industry, or that part of 1t which is occupied with the manufacture of electrical apparatus for light heat and power, and for the operation of trolley lires, has been unusually fiourishing in ths past year is to be found in the fact that the exportation of these commodities is not only maintained, but actually in- creased. as compared with the exporta- tions of earlier years.
 The Story of the Fiscal Year
 Not until the close of the present fiscal year, on June 30, will it be possible to obtain detailed reports which will set forth in detail the character of our ex- portaticns to South America. Recent sta- tistics tend to show that we are main taining cur exports of merchandise The money value of expectations of that kind in the last seven days of May were $2, ,00O, GOO more than the money value of the ex- Inrtations for the previous week, and approximately $3000,000 more than the value for the corresponding week of 1913 1n the five months after January l of this year, the money value of exporta- tions of merchandise was S45no, o,e5v, round numbers, greater thcs. ior the similar pe- riod of 1913. These statistics, however relate solely to the exportations from the rort of New York; but there is no req son to doubt that the expectations from other American ports in like periods were rela- lively as good
 These statistics do not seem to bear out the statement that, a result of oui new tariff, expectations are falling off. lr fact, the impression grows stronger an6 stronger that it is as yet too soon to de ternine what the permanent effect of tht rew tariff law upon exportations is td be-
 The probability is strong that when the