New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1918-08-12
Argentina Ready for More
Trade With This Country
South Americans Say if United States Wants to Retain
War Trade Exporters Must Study Require
ments of New Markets
IN HIS return to this country

Y y
Romulo S. Naon, the Argentine
Ambassador to the United States, en-
phasized the need Of building up COM
mercial intercourse between the two
nations. During his stay. in Argentina
he took up various financial matters
with the President of the Republic,
and has come back to this country
empowered to arrange for the amplih-
cation of credits already granted. 1t
| is said that an effort will be made to
obtain from the United States au-
| thorization for the expectation of GER
tain articles of which Argentina is in
urgent need at the present time.
In Argentina it is generally feltthat
| if America wishes to retain the trade
that has been built up since the out
break Of the war an effort must be
made on the part of American ex-
porters to find out what people of the
South American republic really want.
ala Razon," of Buenos Ayres, re-
Gently published an interesting article
on the subject of the trade of the
United States and Great Britain with
Argentina. The situation created by
the war as regards the Argentine mar
kets was Immediately taken advantage
Of by banking and commercial houses
Of the United States, which almost
instantly absorbed all the business
previously handled by the Germans.
Hundreds of commercial banking and
industrial delegates and government
officials of the United States" says
"La Razon," "came to South America to
study customs and necessities, to OBJ
serve their political and social charac-
teristics, to create positive vincula-
tons, to establish industries and to
radicate agencie for the placing of
capital and the sale Of their products;
in a word to conquer the Argentine
market.
Americans Gain
A Foothold
"And their progress and success was
great. The banker found here easy
and safe investments for his money;
the industrialist and the trader mar
ket, generous and punctual, for the
consumption of their products. For its
part, the wealth of Argentina afforded
to North American industries raw ma
terials of unauestionable value, such
as cereals. livestock products and by
products. timber, etc. Ships, at the be-
ginning of the war relatively abundant,
came and went loaded with wealth. The
people of North America saw with
satisfaction that their sphere of COM
mercial influence was becoming ex-
tended and intensified throughout the
whole continent, an old ideal of the
bankers and economists of the Union,
who we'll understood what commerce
signified for the progress of the inter
national policy which it was desired
to exercise without violence or moles-
tation. The United States, from the
time of its origin as an independent
nation, has always had sound and
lofty outlook in this respect The part
of elder sister would never become out
standing on the continent so long as
her political influence was diminished
or shared by European countries,
more united to those of South America
by ties Of blood, by historical motives
or by decisive commercial yinculations.
The United States had always en-
deavored, with small success, to attain
commercial penetration pacific con-
quest in the markets of South
America. Thus it was that the Euro
pean war afforded it an unlocked
for opportunity to realize it's great
aspirations Of social, economic and
political Pan-Americanism.
"The North Americans had always
to contend with various factors in their
struggle for>the success and the inn
planting of their commercial policy. In
the first place, foreign trade is the
work of time. In order to promote and
to maintain it between the peoples Of
South America and those of Europs
there has always existed a double cur
rent in its favor: European necessity