Excerpt from Trading With Our Neighbors in the Caribbean

In all of this The National City Bank of New York takes its place through the 40 branches it has established throughout the Caribbean district and by means of its comprehensive organization furnishes service for all of these varied trade movements. Nowhere has a branch been established with the purpose of taking business away from other banks and thereby justifying its existence, but only in such cities or ports of sufficient importance as to warrant another bank's establishment. These branches soon become a vital factor in the commercial and financial life of the country where they are located, and such business as comes from competitive institutions does so as a result of more adequate facilities or better service.

The opportunities in the Caribbean for our exporters and importers are of steadily increasing importance. The vast virgin territory back of the northern part of Colombia and Venezuela holds forest products, mineral and agricultural wealth of great magnitude. Cuba, although producing this year upwards of tons of sugar, possesses an undeveloped productive power beyond what was dreamed of in the old days of the Spanish dominion when it was little realized what fruitful fields the wilderness would become. Porto Rico produces nearly three times what it did prior to the Spanish war and at that time it was believed that the maximum production had been attained. On the contrary, it has but begun and the development to come in the Caribbean countries willfurnish a stronger contrast than exists today. And so on through the Western, Windward and Leeward Islands and all down the Spanish Main are opportunities for selling, for buying, for development and for pro ducing the commodities needed for the world's consumption.

In this development, this exportation and importation, and in the cultivation of closer business relations and friendships, The National City Bank of New York takes an active part and provides for its clients at home and abroad the most efficient credit, trade and general banking facilities furnishing a world wide service through its world wide organization.

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