The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1889-05-31
C1RNEGIE AGAIN

Andrew Carnegie, at the Metropole yesterday,
said: II have been reading The Herald with the
greatest ntsTcst like II very much and predict
great success for Il. | am one of the delegates
from the United States TO the American luterna-
tional Conference which will meet in Washington
next fall TO consider the question Of commercial
aud other relations want TO make study Of the
products OF the countries OF Central aud South
America to prepare myself % participate In the
conference. hear that the exhibits at the Paris
Exposition arc extensive, and NJ shall have an
excellent opportunity to get the knowledge wish.
IL believe the conference will DO one Of the most
important events OF President llhrrison's admins
tratOn. Heretofore America has been unable { o
supply hero market, much less export but just
now the situation Is novel Prices which have
risen aud Rie rising In Europe have fallen aud are
falling Ia America
"stecl rails recently sold IN PittsbuIg NJ cheap a.
delivered In London by the English manufacturers
namely, 6 "A ton The prices We arc getting for
steel plates ara about the sane that prevail here
Hitherto English prices have depended on the
American demand Now the demands Of the rest
Of the world. exclusive OF America, together with
the British wants, are sufficient TO keep the manu-
acturcrs here busy. As long ~ this condition con
tinucs aud prices keep advancing America will be
able 20 export 10 South American countries articles
In which heretofore she has no, boon able IN com.
pete with Europe, - there appears now TO be a
great chance Tor America 10 establish more eKion.
siye commercial relations with her neighbour.
at IS curious iaci that the steel rails that Can
ada viii require this season WILL Ia all probability,
be furnished by American manufacturers l pre-
dict that such viii be the case. This can occur
only at times when European prices arc high un.
dorgrcat demands aud American prices low under
a state 81 depression such ns now exists. II has
never occurred before Ia my time, though once
before We sold rails In Canada because English
manufacturers, by combining, forced prices up.
Tho present situation r,sult, from natural causes.
and promises well Tor America.
"Thc cause Is the protective system which az
Hrud donouncoL Protection 10 homo industries Is
bound to benefit America. America would b. pay.
ns three time, ns much a. she doe, for steel rails
bad shc not protected that industry"
''Would you usc the same words In speaking Of
articles other than steel nllsi VIII America ox.
port them also"
eyes. Why. the day before I left home senator
Warner Miller told mo he had exported large
quantity Of paper 10 Liverpool 20 be- used by a
Liverpool newspaper, and that he Noted as good
prices ~ he ccciycd ut home. But understand
me. this l. not likely 10 be permanent. for when.
ever Great Brluin's capacity to manufacture can
not be- absorbed al homo or abroad sho will throw
her surplus Ia America ~ heretofore.
II rad what TX Mayor Hewitt said about the
basic process. II T. true that the basic process II
the only ono known which will make the ores Of
the South suitable Tor steel but as long ~ Lake
superior {, able 10 supply pure orc steel manu-.
hciuWr viii probably slick pretty closely W the
present acid pruocss.
''1hc basic procru + good only ~ n substitute.
I do not think that mlls can be- made by that pro-
COS aud sold tot 50 per gross ton, they can now
by the uc,d process"
"You and Mt Hewitt do not sc,m TO agrcs on
the steel question:
"wcll. be doesn't know I 10. { am not hold.
ina that the manufacture OF rails by the acid Dro
CO.'S NJ 50 per ton can continue probably. Tor u
cannot such prices arc only reached by the
thfucs II competition. Buti DO not think that steel
eau be made by the acid as chcap'ysi b. the basic
PROCESS"
"Do you think America win share IN the Room
IN manufactures which England Is having
"Nu. think not The two countries have become
much more independent lndustrnlly than formerly
and America must mud within herself her ooud!-
tion' Of pro,pcrlly.'
We copy the above cable special from
London to Tho Ncp York Herald for the
purpose OF pointing out the Inconsistencies
Of which Mr.. Carnegie has been guilty
within is brief limits. lie admits that the
American steel manufacturers are Just now
competing with those Of England In the
matter Of prices as we'll as products, atirib-
uung this TO the singular fact that prices
are advancing In Europe and declining In
this country. Aud ut these falling rates ho
proposes 10 supply the Canadians demand
and occupy that market thoroughly and
fully, conicssing that "the present situa.
ton results from natual causes and pom.
| iscs well f0r America" And yot Mr. Car
ncgic, later on, asserts that This IL moi
likely ~ be- permanent" and he makes
haste, In a very dominccring and boss-lisI
spirit to justify this opinion aud assert
MIR. llewi,ts ignorance rs 10 the rclaiiv,
merits OF stool produ ccd by tho acit
method now prevalent In this country on,
the basic process, which Mr. Hewitt rec.
ommonds rs that which Is best adapted d
the South and Is best calculai cd to enaLl,
tho iron men Of Alabama and Tcnucssei
To become the rivals Of England In tho
prod uci.on Of steel on paying basis. Tn,
truth Is, Mr.. Carnegie IL a great Heal Of n
arrogant blalhcpkllc. There Is no mor
scholarly man IN public lie than Mr.
Abnm :. Hewitt, and there are Few :
any iron mon who have had moro *
tended experience, OF are better Qutlilic,
TO speak on any branch Of the iron bust
ness. Mr. Carnegie knows this but hc .
so prciudiccd rs proieclionist, so full a
seli.inicrcst at the expense u the Who'll
country, aud especially Of the workpcopl
In bis steel mandatory whose wages h
, recent, reduced from 80 TO 60 per cont
that lac willingly denies his own lntcll
gent knowledge OF MI. Hcwiit's worth q
statesman aud manufacturer In order thI
he may. with a show Of carnestncss, ny
hold his own views aud farther his pun
poses as a proioctonist.
Mns. JuiIA WARD llowgs scvcntict
4 I "a a.