The times dispatch. [volume] (Richmond, Va.) 1903-1914, 1914-08-23
THE EXPORT SITUATION:
THIS COUNTRY'S CHANCE
War In Europe Far From Being Hurt
full to -Amcricn-On Contrary,
1t VIII Helm.


full to Amcricn-Ou Contrary,
1t VIII Help.
r. G. Dun e Co.'S International Re-
view. Just issued. says:
The suddenncss with which tho
great conflict between European ma
lions has broken out has caused a
temporary dsarrangemcnt OF the
financial and distributing agencies OF
the entire commercial world that NAV
cause some business men to lose sight
of the fundamental facts Of the situa-
ton. Already the moro far-sightod are
pcrccivinE that so far from meaning
disaster to the foreign commerce and
the manufacturing industries OF the
United States the conditions that now
.exist present an opportunity OF such
stupendous proportions that even those
who are in closest touch with current
affairs cannot yet grasp its full sig
niGcanco.
The countries ut present engaged in
active hostilities include all five OF the
leading manufacturing and exporting
nations OF Europe-England. Germany.
Frace. Austria Hungary and Belgium
which between them supply more than
nine-tenths of Europe's vast exports OF
manufactured products to the nom
manufacturing nations OF the world.
Throughout the duration of the war the
export trade of these countries must
inevitably cease, or can only be con-
Quoted with the utmost difficulty.
Tho aggregate volume OF this ex-
port TO COMMUNICATING countries
now at peace and in which business ia
going on as usual. is more than $1,000
600. 600. Of which close to $1,000. 900. 900
are taken by the Latin American and
colonial markets of the Western Hcmi-
sphere. Who is going to supply this
vast amount of manufactured goods
i . -. Il y
Among nations now at peace the only
ones having Industrial facilities ade-
quate to meet such a demand are the
United States and. TO n more limited
extent, Canada. Among individual
manufacturer the prizes will go to
sive and most enterprisng In taking
advantage of an opportunity the like
of which will never occur again.
"ln Mexico where stocks are ali
normally low. owing to the prolonged
disturbances there. indications point to
a speedy resumption OF buying. Heavy
orders have been placed with st. Louis
manufacturers during the present week
FOR immediate delivery" and for the
time being even the great French and
German mercantile houses In that coun-
try will undoubtedly replenish their
stocks here In Cuba. Porto Rico and
the entire Caribbean region, and In
Central America, moro than half of the
imports normally come from the United
States. but tho remainder--consistinE
almost entirely of manufactured goods
and hitherto coming from the Euro
pean countries now at war--will now
have TO he obtained in this country, as
we'll
In South America. the United States
has hitherto ranked third. fourth or
NTH among the nations supplying man
ufactured products to these exclusive
~ COMMUNICATING markets The OPP
portunity to enterprising American
manufacturers to secure n share of the
hundreds OF millions in the South Amer
lean import trade is one that must be
seized instantly or he forever lost. At
present merchants there arc looking to
this country TO supply their needs. They
must get their goods from abroad. They
can only get them here. The manu-
facturers who get share OF this great
volume of business will be the ones
who go after it."
Richmond, Lynchburg. Danv.lle. Nor
folk and other Virginia factories should
get into this swim and get there quick