The Richmond Virginian. (Richmond, Va.) 1910-1920, 1919-02-23
REHABILITATION Of
WORLDS EXPORT TRADE
Harbor improvement and wiptng Out
OF Cheap Labor Salient Features
Of Plans ON .Fbok.

OF Cheap Labor Salient Eeaeuxcs
Of Plans ON .Fook.
Washington. Feb. 1e--Huge v1xu-
houses. so built against fire or revo-
lutionary mobs, will be constructed
at series of ports. strAtegically Mt
aa.sd .fsE trade Y v.1ioSs ps e g
nent New York banking interests car
try. 1t Is expected definits steps viii
be taken In promotion Of tia enter
prise at meeting next week In New
York. Government officials ny the
plan Of the New York bankers l. ev1-
dence OF the part America viii play
in foreign trade.
Already agents OF foreign guvern-
ments are seeking endorsement Of
plans calling for Investment Of MIL
lions In betterment Of foreign portA
controlled by German agencies. Tho
victory OF the allies brought financial
depression and the owners Of the
docks and railroad facilities are forced
to sell out. not only because thoy are
bankrupts. but because thay No AAGor
can attempt to operate their con-
cessions In cepters OF hostile BOP
ufatjon,
The war taught traders thAk ohsss
ports which have sufficient watAr to
permit large vessels to dock viii be
the great trading centarA Ths DAY
has passed when cheap kboe can
lighter cargoes to shore. Modern
MACHINERY installed on wide Aocka has
demonstrated that quick loading and
unloading means quick
trips with resultant profits Ter svary
one concerned
The movement for the exrendfture
of money in haxbor improvements n
found In every European country.
Moreover continental ports are vieing
with one another for the trade that
once Was Hamburg's and Bremen's.
Mediterranean ports promise to en-
ter into a period O. great prosperity.
Marseilles In exceptionally situated
and II In understood money II sought
for the improvement Of Vtllefr1nche.
adjacent to Nice, where . deep water
port could be readily developed
The French government plans to
expend 100000 on the port Of
Havre. Amer can engineers have
done much Tor ST. Maixure and
Nantes. The French believe the krsat
double track road by the Americans
from Nantes VIII be the highway tor
huge imports to Switzerland and Con
trail Europe, imports that once went
by way OF Hamburg and Bremen
1t ia obvious that In these Develop
ments American Steel and Steel pro-
ducts should play = great part The
newly organized steel exports anDociA-
tion comprising ten so-cAiled mdspsn-
dent steel companies VIII have agents
throughout the world and plans to be
10 leading factor in many OF the great
prot ects row being planned.
One of the most interesting G1tuA-
tione Is INIT presented by Dantzig. the
port destined to be Poland's gateway
TO the sea About the time
America was discovered DantxiE was
a flour.shing port. but lost In trade
TO the German ports. II - the natural
entrance to Poland and to Russia and
It's only great rival apparently Is
Copenhagen.
Other ports which 1t IN thought
American capital VIII consider are
Bizerta in Tunia, tho gateway 10 the
rich French colonies In central
Africa. D5ibouti, IN the Indian ocean:
Tamatave, Majuga and Ansiraine. in
Madagascar and TourAne In AMMAN.
A survey is being made for = port 1t
Pepeete in Tahiti. potential port OF
trade. Daker ON the went OF Africa.
IL. is believed. may be made one Of the
finest ports in the world.
on warehouses.
Denmarks plans 10 spend "a, 0oc,-
600 on the port Of Rodfy and 1880
GOO will be expended at Rungsted
Many ports like Vigo. Spain. seek not
only to improve the harbcr. but to be
Joined to the interior by modern rail-
way HystemA
on every side dsnRndn ars cxminr
for the use Of American capital A
America has garnercd most OF the
worlds visible supply Of WEALTH n II
believed America investors will b.
called upon to consider investments
In every quarter of the globe.