New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1898-02-04
AMERICAN TRADE IN CHINA.
THE CHAMBER OF COMMERCE. MEMOIR
IALIZEs THE PRESIDENT.
LOSS OF EXPORT TRADE TREATED IN REPORT
or THE COMMITTEE ON HARBoR AND
sUrPPING-THE MONETARY CON

-, I,oregn commerce. and the Revenue Laws with
reference to the publications OF tho bureau OF
American Republics
A resolution was adopted crticisng the directory
OF the Bureau as 4 limits tho names OF ""'i"'''
houses 10 the advertisers.
A letter was read from Joseph p. Smith VINO i
now in Miami. Fla. for his health. addressed "
Gustav II. Schwab chairman OF the commute
Mr. Smith explained that his Illness preFeh'eu MS
meeting the committee. He announced that he, az
director OF the Bureau OF American fcpuo"eS' nav
withdrawn the prospectus 10 which ooJectloh was
made He deals with the criticisms oil MS coufs.
In printing paid advertisements IN the puio'," -
the Bureau and says that remarkable results "a''
been achieved by them for merchants OF 'h'S 0o""
try
A communication received from hufnoe' VI
Iaaa,or merchants trading with China, asking the
Chamber OF Commerce to urge the United states
Government TO take the necessary measures 10
protect them in their treaty rights. In view OF the
movements % European Powers In CHINA
AMERICAN EXPORTS TO CHINA.
The memorial was accompanied by report sub
mtted by Gustav II. Schwab. for the Cohmi.'ee
on Foreign Commerce and Revenue Laws point
Ing out that the exports from the United states
to China and -Kong had amounted 10 SH,
s7s O65 in 1897 far returns had beeh fecelNcu'
not counting large quantity OF American goods
transshipped TO foreign ports and Transporter "
China in other vessels and therefore credi'ed ~
the intermediate country. The committee D7
lieved that the privileges now enjoyed by American
citizens should be jealousy guarded lest theS 10
impaired by the cession Of Chinese territory u
European Powers. ,
The committee submitted memorial addressed
TO the President OF the United States reci'hs 'I9
facts and urging that the proper steps W '"N''
"for the prompt and energetic defence OF the eN-
istng treaty rights Of citizens in China. ana LOT
the preservation and protection OF their important
interests In that Empire
George F. Seward eX-Minister to China sao '',a'
the rights Of Americans in the Chnese hi"p'e
were not threatened at this time; that GERMANY
had taken possession OF A promontory near TIC"
mineral lands which it probably intended 10 ue-
velop and that Russia wanted to acquire new
seaport Tor her grain fields, and would get IL II
not prevented by England. He sa" no tedson ~
believe that there was any intention on tle part
Of the Powers undertake the partition OF ch''a'
"a the country was too big for that. II there were
a partition OF China he thought II would be I'M
mediatey beneficial! TO this country; but whether
II would be so In the great future was another
question When that time comes. II 1t ever does,
this country will doubt speak Tor IN, presei'd-
ton Of the autonomy Of the Chinese Empire. pur-
sant 10 the policy 1t has followed with regard 10
affairs on this side Of the globe. Just no" tns
Government should devote its time and influence
he said 10 preserving peace in that part or the
globe He said he would vote for the memorial.
Everett Frazer. who is engaged in the Chinese
trade. spoke in favor OF the memorial he SAID
that this country should give Its countenance 10
China and do all that could to preserve az the
treaty rights
+ c. Moore spoke against the memorial saying
thai the members should so more slowly. He
thought that there was no necessity for II. II
We must take any steps in these Chinese compH-
cations" he said. I'VE should not go against our
old friends Russia Germany and France Eng
land has been for generations the persistent and
~ mi
Us in &c She burned our capital in the second
war for independence. In our Civil war
At this point. on protest of member; President
Orr ruled Mr. Moore out OF order
The committee slightly modified the wording OF
the report. Several amendments were oHered anu
rejected and the memorial was adopted
NETWORKS LOSS OF EXPORT TRADE.
A. Foster Higgins. for the Committee on the har-
bor and Shipping made a long report, showing
that while the total exports for 1897 showed an
Increase OF sos 10000 1896, there was loss
At this port Of about s23 1000 The report says II
Is perfectly evident that the loss IL cohnhed 10
three great items, viz. cotton oreadsfuHs ana pro
visions on which there have been increased snip
ments over those of 1896. in amounts respeclNeis;
OF cotton sCe $1,000; brea iatufIs sS9.yl'V, anu
ceiyed no part but. rather has lost on oreadstuffs
$4,000 ana provisions 10000 .ooa ~ In
crease o. SIS 10000 in the. whole country ana OF
at New-York rse chsi x sda a naS p oeg
and SO 90 on other merchandise.
The 95f n sYR0G ~ S BY Which rail-
road companies carry freight TO Newport news,
Baltimore and Philadelphia at lower rate 'hah 70
The Committee recommended that in order to
maintain the supremacy OF New-York as porf II
s necessary TO deepen and widen the channel INTO
he harbor to a depth Of IS feet AZ low water ana
eraIly improve the Erie Canal. ,-,..,uu
The committee offered resolutions, smbody dying
this Chamber sympa thizes In the effort made oy
our fellow merchants OF the Produce EXchd d 10 10
ha commerce OF this city by the "d.ueTentiais eX-
,0g in h Of ss fo no Po Of
shipment. and join In the request that the same
These resolutions will come up at the next meet
Ing OF the Chamber OF Commerce
THE STAND FOR SOUND MONEY.
John Harscn Rhoades chairman OF the delegation
appointed 10 attend the reconvening Of the None
tary Convention at Indianapolis on January -.
reported that the delegation was deeply impressed
with the character and ability OF the members,
Mr. Rhoades said "Bimetall.sm Is no longer in the
balance The issue now before the people Is 600
and honor or Reputation aud dshonor. The Gay
Of compromise has passed and upon ne banner I
power must be Inscribed the motto soid s Seaa
AT the polls IN the future The merchants OF New
FORK must 10 their duty, .,,,.,o,,s ,,,,rs,,r ,r
action OF the indianapolis Convention and pledg-
ing the members OF the Char to me extension
the distinct: clear and patriotic statements OF
President Mckinley In favor of honest money
Ex-Mayor Abram s Hewitt spoke strongly in
favor OF the resolutions. and Endorsed what Mr.
Rhoades said. He declared that the Chamber of
Commerce FOR more than hundred years
in favor % sound money. and never departed from
that position In the peri Gus days OF the Civil
War lie rejolced in the fact that the House of
REPRESENTATIVES refused 10 adopt the Senate rcso-
.utions making the bonds payable In silver. lie
said that he had been a Democrat all his life. bur
party could stand between him and honesty
and fair dealing lie said that the only question
AZ the next Presidential election would be gold and
silver and he begged al the members ~ the
Chamber TO vote next year against the Consress-
men who voted Tor the Senate free-silver resou-
ton He said that he getting TO he an o d
man. but he would always be in favor OF honesty
and Justice