i HINDRANCE TO OUR TRADE nt st I 1 better I 1 I 1 f tr t our ter i li 14 tie i I 1 M N I 1 i bcd bitter littler f jell ti lor tor c in iri ing air aar goo pool 14 to t fort ign ti 11 i 1 te Is sas tilt north forth nit N I 1 iff he I 1 ellul it iritts 3 Is ig pi it 0 ii it I 1 aunt in ili tho the oe in tit cirr ing ving tm till I 1 ind in lit rivin of the birgl ports of tit wurl ori I 1 thi aniere iti ili lh till l h Is 1 till t it mil old un lilt blown aa as in ili emblery of f in ill fiat it irs our foi im his lins from front 2 1 4 4 to 1 ca but the cotil lonato of 0 our merL hint airine in ili foreign or bis his daien d from tons to 1247 in fit tie ile line title time I 1 balth alth eight billits i the tile ve we hul lilt half I 1 i kentur er io ft now hue hie four fifths of ocean cir ciering ring bonnat ut vt thin hill more afore than two thirds of our imports and exports formerly wen aerl earned in american e sels while nov LOU bill but little mole than a tenth of this li 11 lite Is borne in our ships not on do to the tile profits earned in transporting tian sporting millions rall llona of dollars worth of merchandise to and from our ports pis pi 1 s chlell into the handa hands of foreign vessel owners but the vessels themselves them selve are built in foreign ards giving mint to thousands of men in an industry which ought to be planted in our country countr As in our ocean commerce so abo also in our financial relations with other countries we are ire dep dependent largely upon the seri fees rendered b foreign interests particularly in our dealings with the n melons to the south ot of us we ire in fulgent need of direct international banking f we do worth of business with south america in a bear ear ind pt t all our bi lances have to be settled through english engligh or in banking housti in the preat great tride centers of coath america the english the Ger germilia milis the french and he the Itil lans have their anks but I 1 think thit I 1 im right in ivin s that there Is not in american Ame in bank in all south aberici thi Is 1 a serious hindra hindrance to our trade