. Minutes of the 3d semi-annual convention . ) Further, an actual comparison ofthis material as a source of food forall classes of animals for the pur-pose of fattening, demonstrates thatby its use the average steer of theSouthern States can be put on themarket with a profit of 48 per cent,on the investment. Further thanthat, by the actual placing of themeat product from this material onthe open market with that from Chi-cago, we have actually demonstratedthat we are able to put them on themarket in competition with the pack-ing house products of Chicago andhave actually driven Swift and Ar-mo
. Minutes of the 3d semi-annual convention . ) Further, an actual comparison ofthis material as a source of food forall classes of animals for the pur-pose of fattening, demonstrates thatby its use the average steer of theSouthern States can be put on themarket with a profit of 48 per cent,on the investment. Further thanthat, by the actual placing of themeat product from this material onthe open market with that from Chi-cago, we have actually demonstratedthat we are able to put them on themarket in competition with the pack-ing house products of Chicago andhave actually driven Swift and Ar-mour out of the market. (Applause.) Therefore, we have just arrivedat the beginning of a great new in-dustrv here, and its possibilities forthe future can scarcely be com-puted. (Applause.) President Hargrove: I now takepleasure in introducing to you Jastrem^ki. of Baton Rous:e,ex-Consul to Peru, who will address you on the subiect of AmericanTrade with the Latin American Coun-tries. 166 Minutes of The Southern Industrial Convention,. GEN. LEON JASTREMSKI. AMERICAN TRADE WITH SOUTH AMERICA. BY GEN. LEON JASTREMSKI. Gen. Leon Jastremski then readthe following paper: Mr. President and Delegates:Though the Continent of SouthAmerica is scarcely more than 1,300miles from our Gulf coast, little isknown in this country of the vastextent of its territory, its phenomi-nal resources and varied attractions,and the possibilities which it pre-sents for its development into thegrandest field for American com-merce and American enterprises ofevery character. Only those of ourpeople whose official functions or special business have led them thereseem to have anything like a correctunderstanding of South America. I had the honor in 1893 to be sentto South America to serve in thecapacity of United States Consul atthe port of Callao, Peru, and myvoyages both ways and the observa-tions I made during and since mysojourn in Peru, gave me an insightinto the fairy land that the blindgreed of so
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