The Detroit times., 1916-01-17


and trading companies have already
been organized for the purpose OF
buying what the other countries
have 10 offer US. In order that in
turn We may sell to them. The mer-
chants OF the Mississippi valley are
planning a third company of the
sort An allied activity Is that OF
the foreign trade commissions
which have recently visited various
cities here. They plan to spend
hundreds OF millions OF dollars with
as Part they Will borrow from Us.
Part OF II viii be accounted for by
he goods they will sell TO US.
The South viii Boom
To sum up the impressions re-
ceived upon this tour 20 10 cities,
The west and northwest and south.
west are almost eNtravagantly pros
porous east OF the Rockies Reports
from west OF the Rockies are that
this section was late In starting. but
Is coming with a rush that Will make
up for lost time The hard luck
stories We listened 20 a little while
ago from the south are being falsi-
ned That section is not behind
any other. Considering all things,
its progress may be more rapid even
than the northwest.
II left Cincinnati for a two
months trip through the south"
said a shoe salesman. I came home
after three months and a half be
cause was too tired to keep on
I'm selling my old customers down
there by mail"
The south found a silver lining
TO that cotton embargo the British
enforced last year. I, made the
south economical, for one thing. 30
that this years cotton crop was pro-
duced more cheaply than any other
within memory. But that wAS not
the important gain. Because n
looked as though cotton might not
be salable az all this year the south
began % diversity her crops. Her
farm experts have been preaching
diversifcation 10 her for years, but
she refused.
This year" said a Baltimore bank.
OF, I'VE have been raising through
the south the crops we always said
We could not raise II means UNI
told millions to us each year. South
OF baltimore we have stretch or
country that in size and natural
wealth and seaboard advantages and
climate and every other natural good
thing simply makes the German EN-
pire ridiculous We haven't worked
Il In the past. Now that conditions
got US by the scruff OF the neck and
made us change our ways you'll see
ar boom for the next 10 OF 90 years.
We have wakened up 10 the possi.
bilities OF the Mississippi valley wa.
terway 10 the outside world. We
are beginning 10 build factories 20
work up our own products. our
roads are being macadamizcd and
our banks are being modernized.
3outh VIII AIso Prosper
Here and there a basic line OF
trade IA still below normal, but with.
out exception Improvement is re-
ported. In most lines manufactur-
ers are doing all they are equipped
for The federal reserve banking
system has been tested and stood
the test Amendments will be ask.
ed for, but no very serious defect
has been uncovered A tremendous
and lasting advantage has been
gained by the United States because
Of the war, In that we are making
use for the first time OF hitherto
untouched raw resources, and have
turned our factories to making ar.
ticles we have heretofore been con.
tent TO buy from Europe. The In.
crease in newspaper advertising
everywhere IL proof that the buying
capacity OF the American people was
never better There is not n flaw IN
the immediate future AZ 10 what
viii happen when tho war Is over
who knows?" said James j. Hn.
the greatest figure In the north |
west I'VE have no rod TO measure
these times by who can tell?"
In succeeding articles the story
OF the trip will be told.