New-York tribune., 1902-01-23
COMMERCIAL EXPANSION OF THEU. S.
ADDRESS DELIVERED BY CHARLES A.
YORK BAR, AT THE REGULAR
MEETING OF THE NETWORK
CREDIT MEMS ASSOCIATION.

VITAL NEUTRALITY-SUSPICIOUS. FOREIGN
MARKETS A NECESSITY RECIPROCITY AS A
GENERAL POLICY INADEQUATE AND NOT
NEUTRALITY-SUSPICIOUS. M'K1NLEY AND RECI-
PROCITY-GREAr BRITAIN OUR BEST Gus
ToMER-HER FRIENDSHIP AND TRADE INDIs-
| PENsABLE-ANGL4o-AM AMERICAN TRADE ALL
| ANCE-RDCIPRocITY WITH EUROPE IMPRAC-
TICABL.E - EUROPE's TRADE HOSTILITY
TOWARD AMERICA-RECIPROCITY WITH CAN
| ADA URGED-RECIPRoC1TY WILL. LEAD TO
| NEUTRALITY-SUSPICIOUS. REASONS FOR ANNEX
ATION-UNITED STATES AND CANADA IN ONE
GREAT REPUBILC-CUBAN INDEPENDENCE I'M
| Observation-Disclosures OF CUBA A TRADE
AND POLITICAL. NECEssITY-oUR COMMERCE
WITH LATIN AMERICA-MATERIAL AIDS SUG-
GEsTED-MoNROE DOCTRINE A TRADE MEAS
URE-AMBRICAN COMMERCE FOR AMERICANS
THE DIAz DOCTRINE RECIPROCITY TREATIES
WITH LATIN AMERICA oUTIINED-oUR TRADE
IN THE oRIENr-CREDIT ESSENTIAL TO COM
MERCE-DUTY OF CREDIT MEN.
The most vital economic problem now confronting this
ton is the expansion OF foreign commerce Agri-
culture is longer dominant industry Following
the commercial evolution of Europe. within the last few
the economic energies OF this continent nave
shifted agriculture manufactures: and so stu
pendOus rmitable the forces pouring into our
that overwhelming tidal wave they
have filled up markets, and rushing irresstiby
onward flooded the markets OF the world In five
100000 Foreign nations alarmed and are following
shoulder shoulder against the
common danger Thoughtful Americans sotctOus
for future They manufacturing
with its present momentum
constantly provided the
a hopeless glut IN production, stagna-
ton manufactures strikes pancs. and general pros
tration Of industries and trade Hence the supreme ques
enlarge markets and expand our for
egn commerce?
RECIPROCITY AS a GENERAL POLICY NOT FEAsI
Reciprocity is offered as ranacea but We
know little about IT. know 1t has grown
growth expanded with the nation. The pol
section. il Is continental and American For
l25 years been fundamental TO our commerce
IS constitution government. Foreign na-
tons have always recognized it and have made their
tteir trade relations the basis Of
established protective Free trade. also, we
know As justified. have gradually reduced
our tariffs In total imports $40 sal 1s
imports 1867 a36 s5 4S2 cent OF the
Excepting England and Germany our free i'm
ports the world; while within our con-
tinentaI forty-nne and prosperous COM
enjoy the perfect free trade and over
greatest known in history.
But what Is reciprocity? 1T Is word 20 say.
remarked Andrew Carnegie a difficult policy in
auEurate" trouble and more eogent truth
the subject. Reciprocity says sena-
Lodge is integral part OF the protective system
No more an integral part trade The two
antagonistic principles Reciprocity reduces
duties protection and leads straight 20 free
A policy.
reciprocity is the concession Of special tariff rates to
country expense OF others. II reciprocity
should be extended. concessions would multiply aud
should general concessions bs made 70 all
all concessions would necessarily be nuihed
Trade would resume Our protective
tariff be reduced without the slightest gain in
foreign Hence. II carried to fits logical concu
sion. general reciprocity could only result IN general
reduction Of cu~toms all around the world and,
the circle completed the result would be universal
nee trade Its general application would
T. tfA af0ffv
policy equity all nations special privileges
none: would abrognte the most favored nation
treaties finally rsprsals trais wars and
international entanglemens against which Wash
ington particularly warned US
PRESIDENT M.KINIEY AND RECIPROCITY.
Why Is II assumed that reciprocity and reciprocity
alone expand commerce II IS based IN a mis-
taken conception Of President McKiuey's address He
reciprocity general or permanent
policy ala claim It integral part Of our in
system simply called attention TO our almost
appalling prosperity under protection and suggested
reciprocity injury the home market as an ex
perimenta outlet for surplus.
panacea better our trade with all the
world. Reciprocity Is only OF many valuable aids.
be used country. some In another. The
commercial situation IS ever complicated We must
snayze ~, nation from nation. consider
trade relations then such specific
remedies specific conditions require.
GREAT BRITAIN OUR BEST CUSTOMER
., First in Importance are our trade relations with
and 3sT peopethe largest and the largest
number Of civilized inhabitants under political
ganIzaton on the globe. third OF a century
exports Britain We're s225 900 pa and in 1900
they S533 s19545 increase in 33 years OF 1877
During the period exports TO British Africa
increased 1913 per cent: Australasia All
cent to India. 1926 per cent. and to British
America 322 per 1900 exports the entire
world 81 1874 OS2 Of which shipped 10 British
dominons s7O2 sO2 "a per the whole
alone $533. .so.5i5 Ss2s cent OF
cyrhoIa During he al
and all colonies 1874 cent; France
and all French colonies % per italy per
Russia threequarters Of cent and 10 the
Austrian Empire only per cent
port trade. other words. British exports 3%
times cur German, times French 81 times our
Italian Russian and 100 times Austrian
more than exports Germany. France Italy
Russia combined. one-thrd greater than
all continental Europe. and than our exports all
the Of the world.
England demands reciprocity. She has adjusted her
commerce protective system; and long that
policy substantially maintained with her
pean rivals. viii she free trade
she nothing Hence. British commerce. n
expanded ALL be expanded by other than
reciprocity During past century
pansion been phenomenal and British trade has
proportion. As England has
have exports The corosry Is. Il curtan
territory British influence. YOU necessarily
American commerce. ANYTHING that benefits England
one-haf OF exports; anything injuries
England Injuries half foreign
should England India. British supremacy
should South Africa would
trievably mills Manchester Liverpool
and Leeds should shut down, England should
buy wheat % nd copper and
countless other agricultural mineral products
loss would fall millions Of American producers. In
short. any calamity England. any halt n her growth.
under her burden empire any waverng
faI.a tur1iDg b1Clr In harp