The Providence news. (Providence [R.I.]) 1891-1906, 1899-07-10
4 GREAT OPENING.
Dt. Pierce Says Russia is Fine Field
for Our Capital.
Russians DESTROYS Of introducing American
Methods and Skill

Washington. July 10.--Dr. Herbert II.
ID. Pierce.frst secretary of the United
States Embassy to Russia, has been
In Washington several days on leave
OF absence from his post Speaking to
representative of the press, Mr.. Pierce
said:
The relations between the United
States and Russia were never on a
more cordial basis than at present and
the friendship which Is traditional be-
tween two countries finds constant ex-
preston in Russia. not only among off,
cials but also among the people OF all
classes. lis not TO much to say that
from the Emperor down 10 the peas
antry, there is a sincere friendship for
us and desire TO become acquainted
with American methods and 10 make
use in Russia of the skill and ingenu-
ity which has advanced this country
with such great strides. For this rea-
son, there Is great opening In Russia
fef American capital and for the in
PRODUCTION OF American machinery and
methods OF doing business. Ii Is ALL i'm
mense field, far beyond anything real
lied by the people in this country.
= Russia is just entering an era OF tre-
mendous prosperity; a sort OF CONNER
eial and industrial awakening. Here
Is the new field for American enter
prise and capital, for with our Pacific
coast facilities. the Philippines and the
trans Siberian railroad route there is
ready access for our goods into the
very heart of Russia
During his ministry to Russia Mr.
Httchcock's personality and splendid
business ability did much to stimulate
our trade relations and the effect is
widespread AMI continuous. There Is
special opportunity for investments In
steel and iron industries. cotton mills
and for the manufacture of machinery
ana tools. Then, too, our manufac-
tured goods will find almost ilimita-
BILE markets, although Russia,s protee--
tive tariff is encouraging her own in
dustries. Still. even with the tariff she
wants many OF our manufact pred goods
such as steel rails, as the home produc-
ton Is far short of sufficient 10 supply
the present state of development. In
fact there Us hardly a line of American
industry which cannot find very profit
able investment throughout Russia.
Moreover. Russia regards American |
goods as better than those of any other |
People outside OF Russia hardly real
re, how nearly completed the trans ST.
berian railroad is" continued Mr.
Pierce. 81 was told recently by Prince
Iiilkoff, minister OF ways and commu-
nication who has charge of this great
work. that he expected TO make a trip
around the world in 40 days during the
coming Paris exposition. gong by way
If the trans-Siberian route, and he had
he kindness TO ask me to accompany
lin on the trip. Even now the route
s almost continuous from Moscow 10
he Amoor River and thence TO Vladi-
Nostock of the Pacific coast with the
exception of a comparatively short
tretch which has 10 be covered by post
lorseS -
Mr.. Pierce was asked concerning the
ecent reports OF widespread famine in
Russia. and the appeal issued in Lon
'on for relief
There is really no cause for alarm"
aid he. II ann familiar with this ap-
cal for relief ana while not wishing to
uestion any charitable or philan-
tropical move | think II is only just {
D Russia that N should be known that :
he distress is confined To rather small /
nd remote regions. and that Russia ]
ersef has coped with the situation {
thoroughly and successfully" |