River Falls journal. [volume] (River Falls, Pierce County, Wis.) 1872-2019, 1902-06-12

cents a ton will bring the same profit. In
order to secure this
Additional Tonnage
intelligent railway management is con-
stantly called upon to secure for the
for their productions, and, II possible,
return load for the car carrying such
nroduct to market. We have on the Pa
cffic coast the largest body of first-class
saw timber left in the United States.
When 1 first visited that country, with
7 saw at once that unless we could carry
their lumber to market at price that
would enable them to manufacture and
ship it with profit, our railroad would
have no business. The first and great
crop of that country is it's lumber. We
made a rate of 40 cents a hundred for
two thousand miles. or four mills ton
ner 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
the result was the expansion of the lum-
her trade of Washington and Oregon, so
that today it is over ten times what it
was nine years ago, and, in place of seek
| ing additional loads for our cars from the
| West we are now seeking additional
loads for our weStbound cars going out
| to be loaded with lumber for the great
treeless states Of the MI Middle o Nest and
| lumber traffic will work a greater change
| in the Oriental trade of the country than
all the efforts of all the men engaged in
ne 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
| transcon tinental lines both in the United
States and Canada, but we will meet the
f1lrY fJ~0Y1 a Ia y1f
ports via the Suez canal. Every manu-
| facturer reached by any railway in the
| United States can ship his goods to the
Orient by rail to the Pacific coast and
thence by steamer, at rates that will
compete with water transportation from
the Atlantic seaboard to the east by way
of the Mediterranean and SueZ canal
Were it not for the certainty that there
is a carload of lumber waiting for every
Pacific coast. we could not carry the
Oriental business at twice the rates we
will offer.
OF 49, -
Traffic in the East.
1 will use as an illustration what has oc-
foreign trade of Japan was not to exceed
81 per capita of the population. Today
this trade is equal to Sc or 81 per capita
amounted to O. s about SO, COO 900 and today
| it amounts to about $3.50 000, 900, of which
the United States share is less than one
| SIS, 100000 annually to Japan, and i'm
ported from her about $26 100000 Now,
| our exports to Japan amount to, $780, OOO,-
| 900, or six times as much as they were
| ten years ago, and the increase in our
| imports has been very small. In 1890 the
ed to about so cents per capita. With
good stable government which will pro-
| tect the Chinaman in the fruits of his
own labor and enterprise, there is no rea-
| son why the Chinese trade should not in
crease as rapidly as that of Japan has
| merchant of the two Should the Chinese
trade increase to So or 81 per capita, it
would amount to more than the entire
exports of the United States, and surely,
! this trade is worth striving Tor. The
| Oriental trade has built up cities of the
| Old World which are now in ruins. It's
| tory. Byzantine enjoyed this trade for
time, and later, on it built up Venice, the
years was the gateway from the East
| into Europe. When the Portuguese sent
their ships around the Cape of GOOD
Hope, followed by the spaniards,. they
| took possession of this trade and trans
| ferred it from the backs of camels to
| their galleons. From them it passed I'M
| der the control of the Hanseatic league,
| and the cities of Holland and Belgium.
! Early in this century, Great Britain,
| through a wise and farseeing policy, in
augurated by her ablest statesmen, took
possession of the trade, and has retained
| it to the present time, for the reason
that she furnished the lowest rates of
| transportation to and from these coun-
| tries We are now preparing to challenge
| her for such share of this business as
| can be furnished by the manufactures OF
| the United States. A country where Ia
| Dor is paid from 10 to 25 cents a day can
trade with the Orient must be largely in
| the necessities of life and such articles
| as they 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.
/ TVbic cotton mo ip1xy cyooc Frovo rTaxac
| and other Southwestern states, and it
may surprise you. to learn that seven
gone BY u the way Of Puget as Sound gf PORTS
With Manila as an American port in the
East, and the best ships that can be
built, we should be able to maintain our
| selves as a nation in the control of a
! large share of this traffic.
| Our balance of trade some years has
been double the production of gold and
silver in the whole world. and logically.
if it should continue the time would
come when we would have all the gold
| and silver and our
Customers Would Be Bankrupt.
This condition would only be less for
tunate for ourselves than for them. Our
! customers must have the means to pay
us and to get this means they must sell
| something to somebody. We have en-
joyed all the benefits of a protective tar
iff for many years, and whatever good it
can do in the way of building up infant
industries has already been accomplished.
The growth of our enormous iron and
steel industries, which are pointed out as
| the result of our protective tariff can be
more surely traced to our enormous re
sources in the iron mines of Michigan,
| Wisconsin and Minnesota than from all
other sources. The cheap production of
the highest grade of ore in these mines
and the lowest rates of transportation to
Lake Erie ports have done more to build
up the iron and steel industries of the
United States than all the tariffs that
have ever been placed upon the statute
closed. our superiority in the iron and
steel trade of the world would be gone
forever.
On Trusts.
There, is another subject l think will
not be devoid of interest to the manufac-
| turers of Illinois, and that is the So
called trusts or combinations of capital.
| In a country as large as ours, carrying on
enormous undertakings, large amounts
of capital are necessary, and this capital
can be more readily furnished by COR
porate ownership than in any other way
There are a few individuals in the coun-
try who might furnish fifty or hundred
millions of dollars with which to carry on
any particular branch of business, but
there is no certainty that they would fur
niSh one dollar A man with that amount
of money does not need all the trouble
and annoyance attending a large bust
that this work shall be done through cor
porate effort, and no harm is likely to
come to the country growing out of the
magnitude of the business. Has the
pany in Germany injured the German ma
ton. or any of it's people? On the con-
trary the nation and the people are proud
of the name of Krupp. Can anyone in
on the people which can be traced to the
magnitude of the Carnegie company?
The only serious objection to trusts has
been the method of creating them, not