The Alaska daily empire., 1922-01-04
LET AMERICA LOOK SOUTH AND WEST.

More and Americans beginning to urge that Americas great opportunity for profitable invest ment and export expansion lies toward the south and rather than toward the east At the present time Europe 8 grooming under the burden of debts establishments, fiat money and political complications and already a dozen billion dollars. On the other hand the Latin American countries are show ing greater tendency toward stable government sound financing and desire to have their great natural resources developed than before They beck onng to America to provide the capital for their development and take the trade that will follow. Similar conditions exist in the Far East and IT, appears likely may be able to settle at the Washington Conference the political and stratesc problems that friction between the United States and Japan, China like Mexico and Central and South America is a virgin field awaiting Ameri- enterprise and capital to blossom into a great market for factories and farms
 The United States is spenddly prepared, inan- cially and with producing ability, to develop beth west and south and to claim the great trade cx- pansion that would follow the development.
 George w. Hnman. the Chicago economist wit ing this subject, with particular reference to leo, puts the case plainly when he says:
 It is mighty curious thing. The next
 generation of American business men will -4' wonder it.
 We today SCOUT the earth for business
 problems to sove-write and read articles
 business prospects and possibilities the
 world over; debate them in Congress; have
 world conferences to discuss them; and de- liberately neglect the opportunity do
 share of the biggest investment and develop
 ment work of the day right at door
 Dr. E. J. Dillon says the British men of
 business do not to understand what
 Mexico be made world busi-
 There is some reason for that.
 England is distracted by her business in-
 terests in Asia and Africa and on all the
 seas. But the United States has no such
 An American step
 igaminary line into Mexico and know the
 difference, unless stopped at Customs House
 or by soldier guard.
 And, Dr. Dillon points out, Mexico is
 almost bursting with undeyeloped wealth,
 mineral and agricultural.
 We read daily of what American business
 should do. must do for Central Europe The
 country is in economic ruin and must be stored; only by starting up its mines, fac tories and agriculture bring to pass that production of wealth that is necessary to
 prosperity in general and American pros
 perity in particular.
 --~ That is Inc argument Millions of words '-s spent daily to urge it.
 Yet across a mere line in the sand is
 business opportunity at least equally great.
 and read of it, and write it, only and then; in the tumut regarding Europe,
 it's importance is barely noticed and seldom
 realized. What is Central Europe? Germany, Aus
 tria, Hungary Czecho -Slovakia, Rumania,
 Jugo-Slavia Bulgaria and Italy. That is
 Central Europe and little Yet all
 those countries together are so large
 Mexico, and in wealth of resources promises
 far less business for the future.
 Or we may compare Mexicos possessions
 in soil and minerals and expanse of terri
 tcry with the nations Western Europe
 Then we find that Mexico alone is as large France. Spain. Germany, Great Britain, Italy Belgium Holland. Switzerland and Denmark all combined.
 Of course, the population is in Europe Mexico has only few more people than Nor