The Grenada sentinel. [volume] (Grenada, Miss.) 1868-1955, 1915-12-03
ITO TAKE CARE OF
NATION'S COMMERCE. .
Big Concern Organized to Promote
the Commerce Of this Country.
Especially to Increase Trade
with South America.

New York, Nov. %. "A $50, 600. 900
company, formed to put the United
States in a foremost position among
trading nations of the world. will be
Incorporated at Albany late today.
One of the strongest directorates
listed in any corporation in the world
is behind this company. The direct
ors are as follows:
J. Ogden Armour, James J. Hill, OF
to H. Kahn of Kahn, Loeb & Co.
Percy A. Rockefeller, Henry S. Pritch-
EFT of the Carnegie Foundation; Will
liam E. Corey of the Midvale Steel and
Ordnance Company; Theodore N. Vail.
president of the American Telephone
and Telegraph Company; Robert s.
Lovett of the Union Pacific Railroad
Company; Frank A. Vanderlip. presi-
dent of the National City Bank; Chas-
A. Sabin, president of the Guaranty
Trust Company of New York; Albert
II. Wiggins, president of the Chase
| National Bank of New York; Charles
A. Coffin of the General Electric Com
pany, Joseph p Grace of w. r. Grace
& Co., Ambrose Monel of the Interna-
tional Nickel Company; John d. Ryan.
of the Anaconda Copper Company; Ed
win s. Webster of Stone & Webster;
Beekman Winthrop of Robert Winthrop
& Co.
| I'VE plan something more than mere
money making" said Mr.. Vanderlip.
I'VE plan the development of America
along international lines.
| THE extraordinary state of the
worlds affairs gives America the great
opportunity. In many parts OF the
world developments. under way when
the war started. are crying for funds
America is the only great nation able
to meet the demand.
I'VE realize that if America is 10
find new markets for her products
abroad, she must also be willing to
help finance developments in these
countries This is particularly true of
Russia and South America. where we
expect to find great fields. For that
reason our investors must be trained to
take international securities. That is
one OF the things the new corporation
plans to do.
"The success of our chief aim means
a great industrial and commercial era
for the country"
Commenting on the above organiza-
ton, The Cotton and Cotton Oil. Dali
las, Texas, News says:
The press dispatches tell of the for
nation in New York of a gigantic cor
poration, the object of which is to put
the United States foremost among the
trading nations of the world.
A glance at the directorate of this
corporation inspires confidence in its
financial ability to achieve the ends
aimed at. A more suspicious time for
the accomplishment of the purposes OF
the company has never efore occurred
and in all human probability will never
again occur in the worlds history.
The war now wasting Europe anc
wrecking the mightiest empires viii
leave the nations engaged IN 1t bank
rupt with their industrial energies para
lyzed for many years.
Their commerce will be either de
stroyed or woefully crippled.
The United States should proceed Il
build up merchant marine capable o
CARRYING on worldwide commerce
capable of taking the place in tn,
worlds trade of the nations that will
be for a while at least too exhausted II
build ships and carry on commerce.
This is said in no selfish spirit, but q
an incentive to efforts for the genera
good of all nations of the EARTH Al
are more or less dependent upon com
merce for the supplying of their needs
And until the nations of Europe ca
rehablitate their commerce after tn
war, it will be the duty of this grea
country to aid in that rehabilitation
e In no way can this aid be extended bet
ter than by helping them to help them
selves, in sharing with them the ex
change and interchange of the surplu
products of all countries.