El Paso herald. (El Paso, Tex.) 1901-1931, 1917-12-15
Chamber Of Com
merce Is Formed in the
City Of Mexico.

Mexico City. Mex, Uec. 14.-Ihi
American residents, companies and
individuals. have just organized and
Incorporated here the American
chamber OF commerce Of Mexico. In
iii a few years ago Mexico led the
Latin American countries in COM
mercs with the United States Three
f0urths OF all Of 1lexico's exports go
TO the United States and one-half
OF all its imports come from there
Il is estimated that 90 percent OF
the entire American capital invested
abroad IS I'm this country
Mexico i'm area equals western
Europe. It borders the United states
for 1888 miles, says q statement
issued 1y the new organization Its
uudeVelOped resources are immense.
Such a land, so situated, cannot 80
permanently undevclope1- Prepare
tory work for the future should be
done now by Americans In their own
interest and that OF their country
The activities OF the Europeans VIII
increase II the field Is not occupied
by Americans. and the trade readJust-
meuts OF the world war make the
time Opportuue for American organ
izatiou along right lines.
This chamber viii publish printed
matter about the country and its re-
sources Plans are being made Tor a
periodical market reporter and news
bulletin OF the chamber. IN especial
aim viii be TO furnish TO the United
States reliable business inf0rmerlOn
about Mexico and also 70 keep in
touch with the needs OF our own
country.
Mexieo'z Petroleum.
During 1909 the petroleum ur0duc-
ton OF Mexico was only 100000 bar
rels. In 1910 it was 100000. Last
rels and viii be this year about so p
100000, IN spite Of present difficult
ties. including lack Of tank steamers
and pipe lines The OIL city penn
sylvCnial Derric'ts TauDico CORE
spOEdeu- has estimated that S. wells
already drilled I'm Mexico would. II
allowed 20 flow freely, produce ESQ.,
100000 barrels auuually, or nearly the
entire output Of the United States
"The American farmer depends
chiefly on Mexican heueQuen tslsaJ
fiber for binding twine- For rubber,
coffee and ether tropical products
Mexico is q very important source or
supply 20 the United States. but that
business is only fraction OF what
DO might be. This country has vast
ranges suitable for cattle and sheep
Mexico ought 20 export wheat and
aa % 7-e.elA AA aAlA
mas more land suitable tor sugar cane
than cuba, but its production OF SUI
gar has fallen below 100 900 tons
yearly while Cu5l's production has
risen 10 3,9000Q0 tons A year. These
are examples
The officers OF the new crgauIza-
t-ou are
Honorary president. Henry j..
I. Fletcher, American ambassador 10
honorary vice presidents. C..
A. Chamberlain. ESQ.,, American con-
SUI general at Mexico city John Bar
retr, director general Pan American
union. Washington, u. C..
Active Officers. president. S W.
Rider, vice president. Frank san
born, vice president. Arnold ShaukIiui
treasurer, X IT, Van Zandr j-., act
Ing secretary. O. T. Parker.
Directors, IL j. Lewis Chairman
executive committee. H. A. Blslau.
r. J. uuukerley- J. r. Jacobs. JACOB
Loeb, A 3. NChler r. II. oliver. s. vs..
Rider, Frank Sauboru. Arnold shank
lin, NJ v Stewart. Ralph smith. " T.
Vail. X. N. Van Zanc. [r.- s. =.
Wright