The news scimitar. (Memphis, Tenn.) 1907-1926, 1919-01-08
TRADE CONTRACTS
WORTH MILLIONS
W|SHEDONC|T
All Germany's South American
Business Awaiting Call
From Local Firms With
Goods to Export.
VALLEY CONFERENCE
TO PLAN CAMPAIGN
Business Organizations From
Many Cities, Including
Memphis, to Be Represent
ed at New Orleans.
az z. ?. MAcNIcoL.

BY E. p. MAcNIcoL.
Contracts for millions of dollars
worth of new. business from an .uneX-
plored, uneXploited commercial Mecca
incalculably rich and unlimited in pos
slbllities, are about to be wished on
local and territorial trade centers And
the involuntary, unwilling but none
the-less effective contributing cause is
Germany
The Mecca is South America and the
contracts represent s. per cent of that
continents prewar foreign trade which
Germany controlled and which are now
on the market for renewals elsewhere.
They call for titled, mined and manu-
featured articles of every description;
goods, to a large per cent, produced In
Memphis and surrounding territory, but
spasmodically exported only when over
production made home markets top
heavy,
Offering these contracts to American
enterprise with an implied invitation
for American capital and labor to
write its own ticket South America
is awaiting and expecting an army of
months and North American CONNER
cial Centers, anticipating the keenest Of
competition from England, are prepar-
d ing for the stampede.
Manufacturers In very line of bust
ness putting out commodity of eX-
port value are beginning to sit up and
take notice Of this prospective. Gus.
toner to the South, Wh9 IN asking OF
TO sen?" appealed exclusively to the
producing centers which are in the
Mississippi valley, and to the centers Of
the producing center, which include
Memphis
Call Conference.
Realizing that immediate action Is
1nnA
centers OF commerce obtained by their
preliminary efforts afotig THIS lfne- two
years ago, a call for a foreign trade
conference has been issued to every
,ommercial club, chamber of commerce
and business mems organization IN the
Mississippi valley to meet In New Or
leans Jan. 1914, At this meeting Will
be present delegations representative
Of the leading, business organizations IN
Alabama Arkansas, Illinois, Indiana,
Iowa, Kansas, Kentucky, Louisiana
Minnesota, Mississippi, Missouri, Ne"
braska, North Dakota, Ohio. Oklahoma
South Dakota, Tennessee, Texas, West
Virginia and Wisconsin. They will pro-
pose to perfect permanent organiza-
tion to be known as the mississippi
Valley associate which will have for
its primary object advancement OF the
interests of the Mississippi valley, In all
matters pertaining to commerce, indus
try and finance and progressive pro-
gram for the development OF foreign
trade. Development OF domestic trade
along Torth and south lines, both water
and rail, relieving congestions on east
and weat lines, will be a secondary OBJ
ject,
The unlimited poSslolllties Tor traue
expansion through commercial inter-
course with the south American couh-
tries are reflected to a certain put
nevertheless, unmistakable extent by
the response the call for the raue C0n"
ference has received Clties IKE MIN
ncapolis, ST. Paul. Duluth, Chcago'
davenport, liock istand, ~. LOUIS Nin-
cinnau, Louisville and CAIRO VIII nave
delegations IL attehdahce' ana Men
phis VIII be right thaFe WIN a parry
of tlIty. -. 49,, ,,,, t,o,
We're gong 10 leI lhenl kuoW tilat t
Memphis Is tnoIousnly dMane ~ ~.
situation, declareu Josepi NeW pui set, !,
of the Newburger Cottoil 20, we e nav
been dlsposin2 OF our soous ~ lloIise
markets too Iong, its up 10 @ Us 10 20 a.
ter this, trade ana get II theii astnts -
have already Dceh mere 70 dSceI 'dlil
what we want TO buy ana "haI we
had to sell 1t there ior us
Salisbury Enthusiastic.
Mr.. Newburger argues that the New
Orleans conference win be the greatest
business meeting ever experienced, and
AIR. Newburger should know what he
il talking about, l.. *. SALISBURY, preSl-
dent OF the Chamber of Commerce,
holds the same view. and il ever man
was qualified to speak authoritatively
on the subject of commercial and in
dustrial expansion it IS ne. Mr.. Sails
bury says:
THE greatest, most imperative, i'm
mediate need for a re-adjustment of
our commercial affairs is upon us, and
the remedy is at our very door. With
the exception of a few commodities we
have exported nothing. The products
Of our fields and factories have hereto
Sre W ba%e sUs beea ane eonent With % the S easiest
way out, never stopping to think what
tho. outcome would undountediy De II
such thlng as oVer, ,prouuctlon sur
teited our outlets ana lelt US hlgh ana
dry with heaVy surplus on hahd ana
no place TO unload. Such cohditlon
naturally Would mean layoli lot iapor
with its attendant evils-and hardshlps,
an industrial breakdown from winch 1t
would take years TO recover 1t is
condition for which we must prepare:
The United States is destined to not
only feed the world, but to clothe 1t,
house 1t and equip r. and II Memphis
is to keep pace with the rest Of the
country we must become a vital in
tegral factor in this industrial scheme. =