The daily star-mirror. (Moscow, Idaho) 1911-1939, 1921-06-14
BRIGHT FTURE is SEEN
BY FINANCIER
Continued from page one)

during the past century, but with the
up-building of our merchant marine
and the development of our navy we
are offered the same communication
for the future upon tn seas that has
made Great Britains far flung en-
pire.
Behind these two great factors our
national prosperity lies with US also
the financial control of world credits
and of gold and | want to point out
to you that just as soon as we have
built up the legal and financial ma
chinery needed we can so take adj
vantage of our financial power and
of our ability for free communication
that the foreign business of the Uni
ted States will develop to point I'M
dreamed of before 1914. This task is
great one but is not beyond our
powers, it is merely matter of edu-
cation and of experience.
/ also want to point out to you
that because of the chaos in Europe
and because of the breaking down of
century old systems beyond the At
lantic, that the backward nations
across the Pacific offer for the fu-
ture, fully as good if not better mar
kets, than those enjoyed by the pro-
Queer and manufacturer of our Allan
tic seaboard. Japan has grown rich,
India more self supporting, Austria
liza is in her infancy-and all are our
markets for the taking.
The time is coming, and is not far
off, when the cattle of Idaho will
move to stockyards at Pacific coast
ports in almost as great quantities
as now move to Chicago and to Oma-
ha. Today cattle and calves in So foot
Y inch cars move to Chicago from
Boise by way of the Union Pacific
and the Chicago Northwestern to
Chicago at $31720, while the rate to
Los Angeles is s265 $40. For sheep and
goats in double deck cars the rate to
Chicago is $316.25 to Los Angeles
1920. Hogs in single deck cars move
to Chicago stock yards for $295.8O.
They would move to Los Angeles for
$232.90. Probably even better rates
exist between Boise and Seattle be-
cause the short haul to the Pacific lies
in that direction. The balance favors
the Pacific and in the end your pro-
ducts will move that way.
The Pacific Coast is alive to it's
opportunities and is preparing to
spend millions upon millions in de-
veloping the forces necessary to turn
the wheels of industry and to build
up the markets for your products.
At Seattle, at Portland, at San
Francisco, at San Diego and Los An
geles, great harbors are being de-
veloped to take care of your Pacific
trade and to provide you with cheaper
outlets to the markets of the Atlantic
Coast by water shipment through the
Panama Canal. The money for this
development is being provided.
In the past we in the West have |
looked to Eastern centers for the |
money to carry on our development.
Today both Idaho and California,
Utah and Washington, face new sit
uation in the world. We realize that
our industries must be built up with
our own financial resources and our
new markets must be developed |
through our own initiative this be-
cause if we 90 East for money today
we will be obliged there to compete in
our offerings with the needs Of the
whole world
The development of Pacific markets
or the Intermountain states will be
10 little thing. Remember that two
birds of the worlds population lie
n the lands bordering the Pacific
md that Asia with it's enormous area
md vast resources of natural wealth
md teeming millions Of people is just
weakening to her commercial posi-
,ilities.
Is it not natural to assume then
hat the Pacific is destined to become
more and more the trading ocean of
he future and that in this trade the
.ntire west will find its destiny?
Out in California we have discover
d that one Of the essential things
leeded in our program of trade de-
'elopment is to arrange our own af-
airs in the matter Of systematic CO.
perative marketing.
We have tested this with the citrus
of the South with the raisin
of Central California and
nth the prune growers Of the Santa
lara Valley, and we found out that
7herever there exists conservative
Cooperative marketing system, back
by the bankers of the community,
much smaller amount Of the seasons
roduct is left in the hands Of the {