El Paso herald. (El Paso, Tex.) 1901-1931, 1919-04-17
SAYS CD
OUTF0R TRADE
Urges FL Pasoans to Get
After the Mexico
Business Now.

service for herself. other cities would
perform it for themselves.
The Mexican merchants when once
established with firm, usually re-
main established" he said, and IL
ever there was a time when we should
be on the ground establishing orr
selves, IL is now I can tell you frank
" that Mexico is literally covered to-
day with statesmen from al the big
ger American cities and statesmen from
England and France and that they are
going after the business.
The Real Prosperity.
But before we can hope TO have
healthy exchange Of business. we
must realize that commerce. which
makes for friendship between two
countries. depends upon trade which
means prosperity for both countries
We are today importing S50.000.000
more OF materials from Mexico than
Mexico is importing from US. and we
have 10 strike a balance. We have
before US the matter Of assisting Mex
leo in establishing a system Of credit
by the business firms Of the United
States underwriting the best paper
coming out Of Mexico.
European firms have for many
years adopted the custom OF six
months extension OF credit to Mexi-
can firms and we viii have TO meet
their terms On the other hand MeNi-
can firms when well established are
always good risks
Mr.. Cobb referred many times 10
the activities OF the Minerals ?
Metales Mining Co. in establishing
banks over Mexico and its offer 10
handle any quantity Of freight from
the border into Mexico with a special
railroad service. provided the box
cars were made available by the
American business men. While this
freight may come high. he said, il
means an assurance OF delivery, ard
it's better high than not at all
The speaker also stated that the
Laguua bank. at TOrreOn. would soon
resume operation and that, having
had its headquarters for a long while
in El Faso. the executives were
friendly to FL Paso, and, by coopera-
ton with this bank, much could be
done in establishing business In the
Torreon district with FL Paso-
No direct reference was made BY
Mr.. Cobb 70 the disturbed conditions
in Chihuahua state.
Matter OF Passports.
F. ". Berkshire Of the immigra-
tiOn department. at the conclusion Of
the meeting. spoke Of the modification
OF passports and stated that a special
provision had been made for tourists,
while business men could come and go
between the two countries with
minimum OF red tape and formality,
though pictures and some viseing are
SUI req urea
Censorship OF mail from Mexico was
discussed and the assurance was
made by Mr. Cobb that this was IN
der consideration by Washington
Some OF the business men stated that
the delay in mail was undue. There
was also a discussion Of postal money
orders out Of Mexico, and the general
expression was that this service had
improved. though the maximum
amount negotiable was 500.
Want Postoffice Facilities.
Utterance was also given 10 the
wish that Fl Paso might have the
advantage OF the international post
office similar 10 which exists at La
redo and through which FL Paso bust
ness has to be transacted.
Mr.. Cobb was presented TO his audi
ence by Karl N Roberts, the manager
Of the FL Paso chamber Of commerce.
Mr.. Roberts stated at the close Of
the meeting that plans were rapidly
being accomplished for the trade trip
on Nay u into the Mexican states Of
Sonora and SinaIoa and that work was
being done upon the issuance OF trade
bulletins in English and Spanish to-
accompany the excursion