The daily morning journal and courier. [volume] (New Haven, Conn.) 1894-1907, 1897-11-18

wages of labor have increased. Inc
homes of our people have been improv-
ed until what a hundred years ago
was regarded as elegance ana luxury IS
to-day but @ necessity for all.
And still the development or our own
| home trade seems scarcely begun. Inc
natural increase of our population gives
| us every decade its constantly increas-
| ing millions of new consumers, whose
wants must be anticipated and supplied.
| To prepare for and supply every ten
years the wants of twenty or twenty
| five or thirty millions more AmericaE
citizens opens a vast field for the ex-
| tension and enlargement Of our home
trade. If we knew that in the next de-
cade we could by conquest or negotia-
| ton secure in some distant quarter of
the globe twenty-five millions new con-
sumers Of our products, we should feel
sure of profitable business and prepare
for it; how much more valuable the
certainty Of twenty millions new Amer
lean consumers. But such nation as
ours must not neglect the wider Held
of opportunity All this wonderful
home development which Is at once the
pride and strength of the United States
has come to us through the sharp con-
| test of domestic competition. A great
people like ours, pledged to the extern
| sion of republican ideas, cannot be con-
| tented with a circumscribed trade; ideas
| permeate the world through channels
of commercial activity; to enlighten and
benefit mankind we must attain COM
mercial supremacy.
The problem Of holding our home
| trade, Of maintaining rate of wages
commensurate with the advancement OF
our laborers and at the same time Sc
curing leading position in trade with
| other peoples, Is being solved daily
before our eyes. To inquire how the
apparently hopeless task Is being &C
complished would take too much time;
1T is enough to point to some examples
which show that if slowly, the day Is
surely coming when the United States
is to distance all other competitors IN
| the so-called trade of the world
when the worlds exchanges are to be
settled this side Of the Atlantic, and the
price of the worlds commodities fixed
in our own markets. To-day in COM
mercial as well as religious activity.
"the field is the world"
! When this chamber of commerce was
established the business Of the horizon
of most of its members was scarce thir-
| ty miles away; now it's members may
| in single day buy and sell, pay for
| purchases and receive payment for
sales in any city Of the habitable globe.
| The wisest and most far-seeing are
| just beginning to realize that as indi-
| viduals have been In competition for
| our home trade, nations have come in
competition for the trade Of the world
In this competition It has been sup
| posed that through the greater advan-
| tages of other nations we were large
| ly handicapped; but the certainty that
there is no field of trade which Ameri-
can enterprise cannot enter Is at least
beginning to dawn upon us. The de-
yelopment of our export trade within
the last few months is as startling as
it Is encouraging. In the production of
iron and all it's forms Of manufacture,
we have come to understand that we
can compete on even terms at least,
with any people in all the markets Of
the world. We are supplying engines,
steam and electric cars, equipping
them, furnishing the rails upon which
they are to run in practically every
country Of the world where they are
used. We have exported in this calen- A
dar year to the end of September $4,000
tons Of steel rails. Water pipes nanu-
featured by the Pittsburg Tube works
have been laid during the last five
months in Australia Germany, Eng
land, Russia, Denmark, Scotland, Brazil
and Sumatra The Tennessee Coal and
Iron company, exported between July
l. 1895 and November TO- 1897 1476S6
tons Of pig iron to the following coun-
tries:
England, 52,766; Italy, 1880; Ger
many, 24,433; Austria, 7400; Holland,
300; Japan, 5000; Canada, 3,845; Mex
leo, 1,542; Belgium, 10000; Sweden,
1000
The total exports Of pig iron from the
Birmingham district in Alabama during
the same period were 257,344 tons,
Within the past week the president Of
the Great Northern railroad has con-
tracted to transport and to ship from
the Pacific terminus of that road to
Japan 10000 bales Of cotton, the first
time in our history when cotton has
been shipped across the continent and
the Pacific Ocean to eastern countries.
You may not like the Standard Oil
company, or it's methods but Its econo-
mics in the manufacture Of oil and
other petroleum products, and it's large
capital enables it to supply, against the
fiercest competition the world has ever
known, $50, 900 worth per annum Of
its goods to foreign countries.
These are but instances. In all the
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