The Cook County herald., 1902-07-19


from merchants who have desired a low
e,;!' The following win Illustrate our an
have pursued Take d farmer in Iowa
with hundred acres of wheat yielding,
say, twenty bushels to the acre. two
ductio2 Of cents a hundred, or 81
ton, would amount to him to $50 per an
mum: If he visits the country store once
away from the store each week fifty
pounds of merchandise. in "a year he will
have taken twenty-six hundred pounds,
have averaged 10 cents hundred, or or
SlO40 SO that If the railway carried the
merchandise for nothing and charged an
the farmer would be worse off by nearly
$40 year. This illustration I hope makes
plain the statement that the prosperity Of
enly path to prosperity for the railway.
The railway and its patrons must always
prosper together or suffer together. The
greater the volume of business the. lower
traffic of 100000 tons, a. single calc11la-
cre that t6 o pfSt$ d must be 81
ton, and if there are 100000 tons, 25
order to secure this
Additional Tonnage
intelligent railway management is con-
stantly called upon tc secure for the
producers on it's various lines a market
for their productions, and, if possible, a
ngoda+ ret1rn load Ga for the & car carrying spch
cific coast the largest body of first-class
saw timber left in the United States.
When first visited that country, with
view to extending our lines to the coast,
I saw at once that unless we could carry
their lumber to market at a price that
would enable them to manufacture and
have 10 business. The first and great
crop of that country is it's lumber. We
made rate, of 40 cents a hundred for
per mile, on this lumber, in order that we
might load back the cars that carried out
the merchandise to the West. This rate
was necessarily met by other roads and
Ter trade of Washington and Oregon, so
that to-day it is over ten times what it
Mas Hne and PLACE of SEEK
West, we are now seeking additional
loads for our westbound cars going out
to be loaded with lumber for the great
the development of this Pacific coast
lumber traffic will work a greater change
in the Oriental trade of the country than
all the efforts OF all the men engaged in
that traffic.
TO enable US to keep pace with the
enormous demand for this lumber, was
the moving cause Of our building the
Largest Ships in the World,
through which we will be prepared this
fall to meet not only the rates of other
transcontinen lines both in the United
States and Canada. but we will meet the
ports via the Suez canal. Every manu-
facturer reached by any railway in the
United States. can ship: his goods to the
thence by steamer, at rates that will
compete with water transportation from
the Atlantic .seaboard to the East by way
Were it not for the certainty that there
is carload of lumber waiting FOR every
empty en- Ig car that we can furnish on the
Oriental business at twice the rates we
will offer.
Much has been said about the increase
Traffic in the East.
I will use as an illustration what has oc-
Cured in Japan. Twenty years ago the
foreign trade Of Japan was not to exceed
81 per capita of the population. To-day
t9ls IN it, TRACE Is equal to $6 or 81 per capita
amounted to about $40, ,0O0, 200 and to-day
it amounts to about $3.50, ,O0O, ,OCO, of which
the United States share is less than one
nfth. Ten years ago we exported about
S5,OooOo0 annually to Japan. and i'm
ported from her about $26,O00,OOO. Now,
0nr 06n exports to Japan amount to $50, ,o00,-
OOO, or SIX times as much as they were
ten years ago, and the increase in our
imports has been very small. In 1890 the
entire foreign trade with China amount
good stable government which will pro-
tect the Chinaman in the fruits of his
own Ia labor IA and enterprise. there is no rea-
crease as rapidly as that of Japan has
increased. The Chinaman is the best
merchant of the two. Should the Chinese
a1fa trade increase to So or 81 per capita, it
exports OF the United States, and surely,
this trade Is Torth Strivng for The
Side49a1 Sid I9Ja trace mas oult up cities of the
nnyy in Ttes
value runs back to the very dawn of his
tory. Byzantine enjoyed this trade for a
tine time and later on it built up Venice. the
years was the gateway from the East
fhelr Hone> sh1Rs fd1eag ago1nd p the Cape f
took possession of this trade and trans
ferred it from the backs of camels to
dnelr dae tbS galeons de4sc From them it passed un
and the cities of Holland and Belgium
Early in this country, Great Britain.
through q wise and farseeing policy, in
oy her ablest
It TO the present time, for the reason
that she furnished the lowest rates of
Transportation tran 9T to and from those coun-
her for such share Of this business as
ca can pc furnished by the manufactures Of
boT is pad Som o 10 where
trade with the Orient must be largely in
the necessities Of life and such articles a.
1hey cannot produce: -
we, have, already built UP a large de-
mand for American cotton, which. a few
years ago, was unknown in China and
Japan. a4A0
This cotton mainly goes from Texas
and other Southwestern states. and->it
may surprise you to learn that seven
elghths of It,, during the past wear ihas
gone BY the way Of Puget sound ports.
With Manila as an American port fr, stha
East, and the best ships that can he
built, we should be able to maintain orr
selves as nation in the control Of a
large share of this traffic c-|D.'1,A =
= Our balance of trade some wears haa
been e:3e: couple the production Of gold and
silXer 81 IN the whole world, and logically.
It It should continue the time would come
when, ,'a1' " WeSWould have all the gold and sil-
! Customers would BE Bankrupt. n
This, condition would only be less for- f1
2tunate for ourselves than for them Dir
customers must have the means. to nav
us and.toH get this means they must sell
Somethlng to sOmebody.ff!tE% We have sEen-5
1oyed all the benefits of At protective tariff |
Tor many Years, and wha ateverH good. <it5 4
can 90 IN the way Of building up III nfantS !
industries l1vc has already been acconaplisheds
Ihe growth Of our enormous iron i and i
steel industries, which are pointed n1It 1as
the result OF our ]protectiYe1ta tariff. can BEL
IvY = rSR~.2 = so