New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1899-10-28
MANHATTAN
THE COMMERCIAL CONGRESS.
PAN-AMERICAN SUBJECTS TREATED-U
D. EDDY FAVORS TRUSTS.

PhNade phid. oct 2l-Io-cayS session o. the
International Commercial Congress- held IN the as
sembly room Of the Bourse devoted 10 the dis
ssion Of Pan-American subjects. The attendance
better than that OF any day since the opening
% the congress. Henry u. Peabody. Of the Boston
Chamber OF Commerce. presided. The first speaker
was Coolidge : Roberts. delegate from Buenos
Ayres who read Il paper on the conditions existing
IN the Argentine Republic Referring 10 the tari1'
Mr. Roberts said the protective system In vogue IN
the United States was receiving fair trial Inc
agricultural Industries favor tariff for revenue
only while the manufacturers desire a protective
tariff 1T S. understood added Mr.. Roberts,
that a provisional treaty has been signed 10y the
United States and the Argentine Republic Vnicn
covers the admission Of certain articles subject 10
material decrease In duties" John c. thinner
man delegate from Buenos Ayres. followed his col
leacue with more detailed information about the
commerce and productions u the Argentine Re
public Antonio Z. Delnno Consul General Of
Venezuela spoke briefly OF the commercial conoi-
tons I'm his country He called special attention 20
the facilities offered by Venezuela for the great
packins Industries Of the United States
George - Bartol president ~ the Bourse then
formally welcomed the delegates
Tho congress reassernhied SRI business session a.
90 p r- Tha first speaker Was Alfonso A Rults.
Of So pauio Brazil He presented interesting data
~ -Ae rroducts of Brazil particularly those %
Sac Paeio which he said IS the largest coreA ship
ming rort in The world. OF the 100000 sacks n
coffee which he said. represent The estimated
o-o-s ~ he world f7r 'se7-'as Brazil produced
= on o. four-ffths % which came from sac Paulo
Tho difference % 50 Ga between me exports and
imports between Brazil and The United states. VI
Prt-e said should stimulate The efforts ~ ne
Tinted states N Introduce IS goods info the
brazilian markets To do SO successfully he said
there should he established regular steamship
connection representing only American interests
and IN American bank in Brazil through which
business could be transacted
Ulysses n Eddy o. The frm ~ Flint Eddy
Co. 70 NeW-Tork followed with an argument n
favor o. large combinations commonly known as
trusts IN tie course ~ his argument he said:
study o. the exports from the United states
for recent wears Will show tha' iheir grea' srq~tn
Transport and market a. cheaper prices man me
smaller units doing IKE business IN o'nef rqq n
the increase has been most remarkaole 7 10 main
elements IN The cheaQening ~ taeSe pToeSc's sre
nous scale upon which g. Is mined and Transported
The gain trade 30 said. has also been made
profitable by similar methods wei as fhs meat
export trade In conclusion he said
Z The e&oo q American goods IS 20 continue 70
le.rea-e u ~..l oe e-saS 10 III. u ~ ~. &
ben done In ,he asids Of railway transporta-on by
larger units involve rhe garization Of combina-
tons which are today called trusts such are con-
before stated arr correct instead ~ restraining
trade they stimulate H.
". z Curtis Commissioner ~ the Pan-Auerican
Exposition and " l. Buchanan formerly United
States Minister 10 the Argentine Republic also
estsrfs- santos. delegate from Paraguay. spoke
the facilities for communication. Dr. John A.
York Penn addressed the congress The last
speaker ~ ne session was Joshua /. Maduro dele
gate from the Pan-Anerican Chamber Of Com