The evening times., 1899-03-23
TO DOMINATE THE WORLD.
Broad Scope of the New York Pro-
posed Permanent Expositinn.

posed Permanent Exposition.
New York March 23.-The Slater bill
now before the assembly, providing for
the Incorporation of the Industrial and
Commercial Exposition Company of this
city, is the primary step in a vast project
to perpetuate and broaden not only the
of the whole nation.
Capitalists and business men are ready
| to materialize the project as soon as the
charter is obtained. There is one feature
OF the bill which, while essential to the
success of the undertaking. may provoke
opposition.
| This is a clause giving the incorpora-
tors the power to secure by condemnation
| proceedings any properties they may Sc
! lect as the site. This right is an impor-
I tant one. II is the purpose TO erect a
| series OF exposition buildings which may
| cover eight city blocks. The site has not
been selected. IL may be located south of
Forty second Street. or as far north as
the borough of the Bronx. To secure eight
| square blocks in solid piece in any part
I of the built-up section of Manhattan ISL
and, without special Legislative power the
incorporators regard as an possibility.
| Their plan is TO decide upon the site and
then have a board of appraisers fix the
values of the various parcels of property
| it may include
Until the bill now before the legislature
is passed no decided steps will be taken
! by those behind the project to carry IL
into effect. The incorpOrators feel that
the enterprise deserves the solid support
| OF the State because of the permanent
character of the exposition, the immense
| prestige II VIII give 10 the State and the
wide scope Of its beneficial results
Secretary Corwine. of the Merchants As
sociation. which is behind the undertak-
| ing, said yesterday:
1T must be remembered that this is not
| money making project The benefits will
be distributed all over the United States.
The men who subscribe to the original fund
| viii not be paid more than 3 1-2 or per
! cent Tor their money.
permanent exposition here is an in
dustrial necessity. The benefits il will
confer upon every trade and branch of
commercial life in this city is but one side
of the matter
1T will afford in concrete form place
where every manufactured article in the
United States can be exhibited For in
stance foreign buyer comes here to pur-
chase mining machinery for South Africa.
He goes TO Toledo, Denver, Chicago, and
wherever mining machinery is made to eX-
anime each style before purchasing. Under
the permanent exposition scheme he could
examine in one building all of the different
makes OF the machinery he was after and
make his choice.
This is only one thing There are hun
dfeds of articles in which American man
/ ufacturers excel and at cheaper prices
than they are made abroad Foreign buy
ers do not know this. A permanent expo
sition, by presenting them all in concrete
| form, would demonstrate it. and attract
trade that never has been touched by us
because We nave never intelligently sought
it,"
The Merchants Association has prepared
a statement showing the immense possi.
bilities OF export trade Within the mast
nifty years the manufacturing ability of
Europe has increased threefold against
eightfold in the United States. Measured
by the standard of foot-tons the productive
energy of the average inhabtant of the
United States is 1,940 foot-tons daily
against $50 for the average inhabitant of
Europe In other words. the 10 600 900 of
Americans represent the same working
power as do 150.000,000 Europeans. This
difference is due to the employment of
machinery and steam power
The United States has 80 per cent of the
total steam power of the world Manu-
featuring power is represented not enIy
by energy but by cost of food and raw ma
terials, and the United States is the only
important manufacturing nation which
does not have to buy any considerable part
of its food supply or raw materials.
A generation ago the United States was
regarded as a dependent manufacturing ma
tion. Today il produces 35 per cent of the
entire manufacturing product of the world.
The United Kingdom, formerly the unQues-
toned leader, is now producing but Is per
cent.
1t is contended by the Merchants Asso-
citation that if the foreign buying markets
are properly developed by the establish
ment of the proposed permanent exposi-
ton the manufacturing industry of the ma
tion can be increased to figures not vet
dreamed of by the average producer.