The morning news. [volume] (Savannah, Ga.) 1887-1900, 1898-01-27
MEETING OF THE MANUFACTURERS.
International Banking and Trade
Under Discussion.

New York, Jan. 26.-The third annual
convention of the National Association of
Manufactures was continued to-day.
A motion introduced by Warner Miller
urging steps which would increase trade
in the South American and for
eign trade, and favoring the interna-
tidnal banking bill now before Congress,
which was referred to the executive COM
mittee with instruction to report at the
next annual convention.
On motion of Delegate Smyth of South
Carolina, President zarch's report on the
Nicaragua canal question was adopted
as O whole.
Other recommendations made by the
president took the same course.
Delegate McDougal of Ohio discussed
the matter of untaxed alcohol for the arts
The concensus of opinion on the entire
subject seemed to be to let the present
tariff law alone.
Johr II. Converse, chairman of the res
olutiCns committee submitted a resolution
relative to the action of foreign manufac-
turers in producing goods which they
braud as Americn-made and sell as such
The association, through this resolution;
which was adopted invites the attention
OF the President and Congress to this con-
dition of affairs, with the suggestion that
all Il, as should be stamped with the seal
Of the country in which they are made.
Another resolution in favor of the es-
Enlistment of an International banking
system was also adopted
President Zarch will appoint a commit
tee of four to cooperate with President
Mckinley in the entertainment of the
Pan-American Congress, which will meet
in Washington in June next.
A resolution urging the passage of the
anti-scalping bill now before Congress
was adopted.
The committee on metric weights and
measures will, 1t was decided, report at
the next convention.
There were few empty seats when the
convention reassembed tonight.
The proceedings opened with an exhi-
bition of a series OF trades charts. which
were fully explained by Fletcher w.
Hewes. The transactions of the United
States with Great Britain up to the close
OF the civil war, Mr.. Hewes said, were
about equal. In 1860 we sold $103, 100000 of
our goods to Great Britain and bought
but $S5OO0.0O0 from that country. Since
1880 we had sold to Great Britain annually
about $4O0,O0OOOO of our goods, and have
bought but S200O0OO00 of the manufac-
lures.
Mr.. Hewes advocated American regis
ter and insurance of American ships for
the rebuilding of our merchant marine,
and the saving of between sos, 900, 900 and
$500 100000 yearly in addition to the $4,000
coo subsidies given by foreign govern
ments to their vessels, which has TO be
paid back by American manufacturers in
high charges for the transportation of
their exports and imports in foreign bot
toms. This vast sum which goes out of
the country annually could be saved, Mr.
Hewes maintained IL our merchant ma
rlne was kept at the same standard as 1t
was between 1876 and 1890.
Theodore Zarch followed with a speech
on the establishment ia warehouse In
foreign ports for American goods, which
he declared would be invaluable to those
who seek to extend their foreign safes OF
manufactured articles
The Paris exposition in 1900 was dis
cussed by John J. Rooney. In advocating
a representative exhibit Of the products Of
this country at the exposition. Mr.. Rooney
said: "'rhis exposition at the turning point
Of the century viii mark an epoch in the
history Of the industries of mankind"
At the session tomorrow the officers will
be elected, and In the evening a banquet