The Scranton tribune. [volume] (Scranton, Pa.) 1891-1910, 1899-01-25
CONVENTION OF
MANUFACTURERS
A Spirit of Expansion Pervades
Everything That Is Done-The
Presidents Address.

1uuicSS'
Cincinnati, o., Jan. 24.-There were
over 1000 prominent manufacturers OF
the country present at the fourth an
nual convention here today and many
additional arrivals were registered to-
night.
At the afternoon session. Treasurer
Charles A. Schren, of New York re-
ported the gross receipts for the year
to be $5l ,692. After all disbursements
there is now balance on hand of So
63S. The disbursements include S20,iS7
for the general office in Philadelphia; ;
executive committee. 1926; treasurer's,
$500; Cincinnati office. where the secrc-
tary was located, S3,412: Caracas ware
house in Venezuela. S10,73l other for
eign warehouses, 1892. There were S34
members who paid the dues of $50 per
year, Pennsylvania being the banner
state. The increase was 1914 members
during the year who paid the dues,
many not having yet paid the dues.
New York ranks second and Ohio third
in the list of paid-up members.
THE PRESIDENTS ADDRESS.
What shall we do with our new
ROW presses forward for solution. Opin-
ions differ 50 radically and political
considera tions enter so largely into the
problem that it does not seem cXped-
lent to suggest a solution of this ques-
tiOn. At this time and II. this place it is
the commercial aspect of the problem
that most deeply concerns us. With
the expectation of Cuba with whose
H.
the commercial value Of our newly
acquired colonies is largely Conject-
ural. Under normal conditions Cuba
has purchased from the United States
about S2,0OO,UlO worth of merchandise in
a single year, while our imports OF Gu
ban products have been as high as $780,
600, 600 in a year During the disturbed
conditions of recent years our exports
with Cuba have fallen to a little more
than $7000000 and our imports to about
$1S,000,00O a year. With the advantage
Of a preferential Cuban tariff Spain
has been able to control an abnormally
large share of the trade OF the island,
selling to the people of Cuba as high
| as $2S,000,000 worth in a single year.
but never buying of Cuban products
more than one-third of that amount
I'VE all know of the richness with
which Nature has endowed the island
of Cuba; the wonderful fertility of its
soil; the astonishing productiveness OF
its plantations: the Vastness of it's min
| eral wealth, and we can hardly fail to
foresee the probable prosperity Of the
| country and it's people under condi-
tons that insure permanent security
for Industries and investments. The
readJustment of the Cuban tariff and
the guarantee of safety afforded by
American control Of affairs has had
| immediate effect upon the business of
| cuba. The quick recupCratiOn from
| the terrible disasters of recent years is
| but little short Of miraculous. Sword
| and fire have not been able to destroy
| the productive forces of the island
| and prosperity is now making it's ap-
pearance where ruin and desolatiCn
have long held sway Capital almost
without limit is offered for Cuban en-
| terprises and almost without effort the
trade of the island turns towards the
United States.
FROM COMMERCIAL STANDPOINT
Viewing the matter from a purely
|
'erests have been enormously the gain
ers by the American administration o.
affairs in the island, whatever may o.
the future disposition of these peopl,
and their land.
| In lesser degree the statements ap
| ply equally we'll to the fewer people anC
smaller area of the island of Port,
| Rico.
In the far Pacific, however. ther,
is a serious problem which successful
conquest has thrust upon us. TIL,
| Philippines, with their ten millions o
| people, have offered a meager mar
ket for American goods. While buy
| ing from them about $4,000, 900 wortl
of their products We have been abl
to sell them less than a twentieth par
of that value. From all accounts tn,
! Philippines are as rich in resources al
the West Indies, but lacking develop
ment and deficient in purchasing ant
| consuming capacity. So vast am area
| however, and so great population Offe
| possibilities of which the present con
| ditions afford no indication; and Their
| are those familiar with both sides o
this problem who do not hesitate t,
| declare that from a purely CONNER
cial standpoint the Philippines ar
bound TO become not far hence of NOR
| consequence than the West Indies. B.
this as it may, it still seems apparen
that there is in the Philippines op
| portunity for very large increase il
our present commerce. The plea of tn
| eXpansionists is for more territory
more people and larger foreign mar
ket. This plea is met by vivid pic
lures Of the difficulties, dangers ant
cost of colonial administration. With
out attempting to express an opinion
upon the wisdom or eXpedency of tn
policy of territorial expansion, fee
moved to remark in passing that thi
| nation is not accustomed to fail Il
anything it undertakes Since we frs
| declared ourselves a free and indepen
| dent people nothing that we have un
| dertaken has ever proved to be beyon,
our resources, and history affords al
excellent basis for the belief that w
shall be abundantly able to accom-
plish anything that we may be mover
to undertake"
| -
| SHELL THE ENEMY OF HEALTE
AND HAPPINESS.-Is the Stomacl
Sour? Is there Distress after Eating
Is your Appetite Waning? Do you ge
| Dizzy? Have you Nausea? Frequen