Atlanta semi-weekly journal. (Atlanta, Ga.) 1898-1920, 1919-12-26
Export DeUel0bment.

III L
news, that the South Atlantic Export
corporation has perfected the details of
organization and is permanently launched
on a career that is bright with promise for
the development of better trade relations
between the South Atlantic States and the
countries of Central and South America.
There is every reason for believing that the
enterprise will succeed far beyond the ex
pectation of its promoters, bringing material
results that will be reflected throughout this
section in commercial and industrial actvi-
ties.
The Export Corporation has been fortu-
nate in securing the services of recognized
authorities not only in the export business
and foreign trade but also authorities on the
commercial and industrial requirements and
customs of the Central and South American
countries,
Inc foreign representatives Of the COM
pany already have made satisfactory bank
ing connections that enable the corporation
to command ADEQUATE credit facilities for
the promotion and extension of the trade
\ relations between American exporters and
their foreign customers.
The general headquarters of the Export
corporation, heretofore outlined, will act
as clearing house for American and foreign
patrons. .r'- +r.
REPRESENTATIVES. Of tha. &C oJnpany will q
scattered Throughout Central and South
MISUNDERSTANDING g. information as to the re-
quirements of the people, and transmitting
this to the Atlanta offices where it will be
available to commercial and industrial en-.
terprises who wish to establish business con-
nections in the Southern countries. Repre-
sentatves of the company also, will be scat
tered throughout the industrial and COM
mercial centers of the South Atlantic and
Middle Western States, gathering data as to
available exports, and this data will be as
sembled in the general headquarters so that
when a prospective purchaser in Central or
South America wants to know, the Export
company will be in position to furnish ac-
curate information as to the SUPPLY and the
price of a given commodity.
The company, through it's utilization with
the South Atlantic Maritime company, will
be able to furnish transportation for the sup
plies its sells for its customers in Central
and South America. The shipping company
has ample ships plying between the South
Atlantic ports and the Spanish-American
countries to meet the requirements of the
foreign trade
According to the advice of the Atlanta
offices, the business of the Export company
already has begun to assume proportions
that leave no doubt in the minds of the
company's directors as to the success of the
venture. 1t is their belief that within rela-
lively short time the commerce and indus
IF he Ctato al will
have developed sufficiently to exhaust the
cargo space of the ships of the Maritime
company, russ .,readv steps are being con-
sidered for securing from the United Stats
additional ships to accommodate this antici-
pated growth.
In the meantime, and until the South At
lantic foreign trade shall have been more
fully developed, the Export corporation is
engaged in handling exports for the COM
merce and Industries of the Middle West
And when exports from the South Atlantic
States have been more fully developed, we
may reasonably expect that the diversion OF
traffic from the Middle West to our South
Atlantic ports will have been established on
a permanent basis that will result inevitably
in the further enlargement of the transpor-
tation facilities to Central and South Amer
lea.
logically the ports Of embarkation for Cen
trail and South America That they have not
been developed heretofore and utilized in
this commerce may be attributed to rail
rate determinations, which operated to di-
vert traffic from its natural channel to the
Eastern ports of Boston, New York, Phila-
dephia and Baltimore.
This unreasonable and unjust discrimina-
fion has been removed by the Interstate
Commerce commission, and new rates to the
South Atlantic ports now are in effect.
These rates place our ports on a parity
with the Eastern, of so-called North Allan
tic ports, and this will result inevitably in
the routing of freight shipments consigned
to Central and South America via the short
est route.
The removal of this discrimination
against South Atlantic ports already has
been reflected in the diversion of much ex-
port traffic from the Eastern ports, and, &C
cording to the announcement of the South
Atlantic Export company, this activity in
foreign. trade is being facilitated through
the agencies it has established as a part of
it's business organization.