Saturday news. (Watertown, S.D.) 19??-19??, 1919-03-27
AN INVITATION
FOR TRADE
SOUTH AMERICA

tating so largely to America thar it
is becoming the talk of writers iii the
lSouth american press who urges us
to hold and increase our trade con
quests. We have proffted also to a
minor extent by England's war pre-
occupation. but Britain,s trade is still
enormous there despite the war, and,
according to statistics from the Bnenos
AIRES Prensa, she still leads the I'm
tied States in thai field Asc0fllribu
or to this impoftant daily, who is dis.
tinctly a f~ree-trader, SEXES the occa-
sion to plead with American Ynerchs
EIGHT
ants to abandon their old.time policy
of commercial isolation and protec-
tionisrn. BY a pure stroke OF fats the
was enabled the United States ito in.
%tervene against the almost complete
monopoly of South American markets
by European commerce, he points out,
and proceeds:
News day after day Of the great
strong desire existing there to- swell
Republic OF the North shows fhe
the commercial currents with foreign
lands, especially with South America,
and the noble impulse IN this direction
may be measured by the number and
frequency of this sort of news item.
Not a day goes by but some import
ant person recounts preparations In
this direction, and makes prophecies
which prove with what enthusiasm the
wealth of Latin.American market is
looked upon in the North, as well as
j possibilities for commercial devel-
opment offered by those markets.
These, it is quite evident. were not
foreseen nor eve suspected in the
United States. This commercial op-
%portunity has presented itself Of the
fact that the nations which for a long
time had fostered profitable relations
with Latin America and had establish
ed themselves in it's markets We're
forced to abandon them on account of
the war"
Then follows an aria2giiiaent Of the
protectionist policy Of the United
States, and of the great trusts, which
are blamed for our former Indifference
TO Latin-American markets. To quote:
The history of interchange and pro.
duction of that great county shows,
through its careful and convincing
statistics, that not one-tenth lot what
was PRODUCED l,y-its sofand industries
went to export, and, in some years, did
not even reach one-half that fraction
since, the bulk Of it was destined to
be consumed by the growing poulation
of the country, and. especially, because
tariff barriers excluded the currents
of merchandise that should, have en-
tered in order to be exchanged for
native products, in accordance with
the Well-knoW1n universal law Of
This state of affairs, to which we
have given the lame of commercial
isolation, loosened the commercial ties
of the United States with the rest of
the world to such an extent during the
past century of it's activity and as
founding internal progress that moth
ing short of an extraordinary and n
foreseen event like the colossal war
now Transforming the map Of Europe
was needed for Americans to recognize.
the true value of South American
sources Of production and the power
full commerciaF centers which are now
attracting the attention OF those at
the head of American affairs and of
the American people themselves
Now that the fighting is over and
peace in sight, the contributor to La
Prensa goes on to say, the European.
nations that formerly led in the La
tin-American market wiz make d
strong bid to recover commercial pos,
sessions. AS an indication Of what the
war has meant to us in a business al
on the southern continent, he presents
figures on Argentine trade, on a gold
basis with the United States, Ger
many. and England, before and dur
ing the war, which read as follows:
Trade with q. s.. 1854 -#.ss ss,44$sAQQO
In 1913 Observation-Disclosures. 84,E27,000s
In 1877 ~s......ss..... 229,354 600.
With Germany; 1889 s4s. 1851. 900
iii 1918 Observation-Disclosures. Z, 227,o 900
In 1917 .@.44a... 294, 900
With England 1883 36a652.ooo
IN 1913 NEUTRALITY-SUSPICIOUS.. 5 1.254,OOo
iii 1917 .-..ss~ss.... 243,Ss1,0Oo
This remarkable. change. tho writer
points out, s.ss-s that the United
States has leaped almost 10 first place
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