New-York tribune., 1901-06-15
AMERICANS IN LONDON.
DISCUSSING THE FUTURE OF ANGLO
AMERICAN TRADE.
From The London Chronicle.

From The London Chronicle.
If you have got another woman in the empire
NTH such heavenly N.Y. smile as your Queen Is sh216 fn
7. Terry, the vice-president of the Newly ork
at Carriages @ OIe Hotel. y writes pay chronice
representative Mr.. Terry is one of the members
OF Commerce now visiting this country as the
guests OF the LONDON chamber He He has conducted
merchant for the last ffty-seven years The
upon him and he Was as full Of enthusiasm about
his visit 70 Windsor & on Saturday last as IA boy Of
man Of the shipping and harbor committee OF the
give me few minutes chat about themselves and
We saw" said Mr.. Terry, his majesty tho
Queen. the Princess Victoria and the children Of
5he III Duke 9n6 DTehes5 S6 nv If 10 M and Teg
with us in a most friendly way. But your Queen is
the TePa Gf eRanr Is the
of an our hearts in this country;
we were a simple body OF American visitors. yet
King snd queen To say that we had the
pleasure in going to Windsor is to express our
more gracious than our reception -,
and and, may ask ask something about your mission SIC
a dinner with your Chamber of Commerce, and 10
Then You have not come over to find out some
way Of taking all our trade away from G us?
made you think OF that? 1 have been engaged as
there is demand enough in the world for manu-
factured goods TO keep US both busy for as long
Yes, bur then We hear Of all these trusts being
Organized a to t f9nr9I 9HF Mr.
'yes, but where? Only in the pages OF your news
but surely you have Just been trying to buy up
our big steamship Ines ,r- ..,,,..,o.,,.- ..,.
is al nonsense IT. is true that hat the he'd developments
Cerful Of late but even then there is room enough
for both countries. and there need be nothing but
AS 10 the shipping" put in Mr.. Higgins. I'VE
have hitherto not bothered ourselves much about a
r-~fl Wv hQgn
plenty os cheap freights TO hand. But. now that
10 want a mercantile marine sailing under own
flag that the vessels viii not be liable 10 be
the countries which own them, When wooden ships
fa @ @ Sang 9 5 rage & yes hsd BEGAN 70 tn be- 70
the conditions changed Your government set about
being created. These plants were kept going In
building merchant steamers when not wanted for
in the United States. Our government is increas-
3But can you tell me anything about your meth
ods OF production?' I asked. ''It is said that We
are 6ehnd in you In @ SIS ana Prsb have not
got a drop Of any other blood but English in my
Bradford and the majority of our people are Of
English descent Therefore why should we ee IN T a
are the same people with the same ideas and the
DO and viii do. 1t may be that you have one or
,wo things TO learn from us, but you will learn
speak as though there ere %as nc %nfrendy
pie are almost as fond of England you are your
do Why, look what we had 70 thank your Queen
Victoria for when we had our Civil war! she pre-
And can YOU tell me what you think about the
sDTe9S OF trusts ana PS0s ~ the United
They have been a great benefit TO the country"
said Mr. Higgins. They have cheapened produc-
tion and increased CONSUMPTION, and so led TO a
General increase IN the well being or the people
meree? II Is TO supply mankind with the articles
OF food, clothing and shelter he may want az tne
pOSsibe 8
the reach OF all II trust leads TO an economy in
production Il must be benet H. IN & me Osg enf run on
that the resources OF country are so enor-
sappy a "a aS mo aree under my You hear
lot Just now about the Steel Trust. You must not
been formed in Canada with American capital:
which bids fair undersel the United States Steel
Yes said Mr. Terry .'and; besides s, these hess two;
am largely Interested in some steel wSrRS Ss, a. q
plant which viii turn out $500 tons OF steel rails
a day. We have some fine beds Of ORE and plenty
Then your trusts not like great octopus.
Certainly not" said Mr. Terry. why. take the
Standard on Trust about which you have heard SO
that this trust has conferred ENORMOUS benefit on
oil at a price far below that which Independent
competition con could give AS merchant am pay
used to oeaSs eost :, tst'h G i0f OH '''' my ''DDs
:, And you have had great prosperity of late in
''our prosperity said Mr. Terry. has been be-
yend anything that ever dared to think TX about
sno bounds and profits with IT, Our coal ana iron
and shares have gone up 10 prices which a few
Years ago would have been considered extrayagant.
prosperity '''' '''''e S''''S -
,..And % you think the working classes have OBJ
isineo their fair share In these good thinRs2
:, Here opinion was divided Mr. Terry thought
TO they f had ME- he hegs obaned 1s
Whole ase h naan shaTe as they might M But 81 on the