proper shipping facilities and the use of the 
Canal or by going to California, the saving in 
freight alone should be sufficient to interest 
some progressive concern in the handling of 
this article direct. 
Europe sends its wool buyers to Argentine 
and Uruguay. I have attended these markets 
and have yet to meet an American buyer rep 
resenting any of our woolen cloth manufac 
turers. We buy much of our wool from Eu 
ropean markets, thereby giving Belgians, 
French, English and Germans who have ini 
tiative and enterprise a profit on their busi 
ness acumen. Is this sensible? It only adds 
to what each one of us pays for our clothes. 
Ecuador’s chief product is cocoa. It is the 
largest grower of this commodity in the world. 
The bean is perhaps the richest and most 
highly flavored and is in great demand in the 
trade. Europe buys 80 per cent, of this article 
and although we are the biggest individual 
users of chocolate on earth, our merchants pur 
chase but 20 per cent, direct. Then England 
and Germany, and even little Switzerland,