The San Juan islander. [volume] (Friday Harbor, Wash.) 1898-1914, 1903-07-02
ORIENTAL TRADE
.,rop OF FOREIGN BULLETINS
TALKS.
lanes G. Monaghan, Just APP
Limited to Important Place in
Now Bureau of Commerce,
untbusiastic Over Prospects of
,;cb and Growing Markets.

G. Paul, June 29.-Seattle's inter-
~ the transpacific trade with the
Fast and in the development of the
.alated East and West transcontinental
io .do over the Northern routes may ex-
"" tho most valuable assistance from
7. lanes C. Monaghan, whom Secre-
.orv Cortelyou has just named as editor
y The foreign commerce bulletins of
tbe new department of commerce.
No appointment could have been
.o fortunate for the Pacific North
n ost because of the fact that the new
.anointee is a nan to whom this trade
afa ~ omen book, and a determined en-
.bnsiast on the subject of developing
,be Northwest and Pacific Northwest
Nv onening new avenues of trade with
tbp millions across the Pacific.
Authority on Commerce.
Professor Monaghan has for many
voars been we'll known authority on
ioreon commerce and has made spe-
calty of the transpacific trade. He
leaves the University of Wisconsin,
where he has for the past ten years
bepn head of the department of COM
MERGE and commercial law, to take the
new most. He is an intimate friend of
lanes J. Hill, and has an acquaintance
among prominent railroad men of the
West that includes practically every
name of importance. During recent
years he has spent practically all his
time away from the university, in study
Of this new commerce, and his investi
cations have included trips to the ORR
ent to the Pacific states, and personal
observations of every factor and instru-
ment that goes to the handling and
making of what he terms the coming
trade OF the United States.
Sees Big Prospects.
Compared with the tremendous pos
sblities of the transpacific commerce
that is just beginning, the gold discov-
cries of 40 are insignificant. The field
is remendous-amaziny. The more |
study the subject the more L am as
founded at the vastness of the field.
Actually, if | were young man, i
should dt sire nothing more than to be
in business in Seattle and to have the
opportunity of profiting in the develop
ments of the next rs years"
Prof. Monaghan was for twelve years
in the United States consular service,
and has had training which fits him
admirably for his new work. His bu-
reau in the department of commerce
will be of more than ordinary import
anCe. From it will be issued all the
official statements of the government
on the entire question of foreign trade.
Complies the Information.
He will have the compilation of first
hand information. gathered for the pur-
pose of aiding American business in
terests, under his direct charge. Every
avenue for the collection of data and
Information will be at his disposal, and
In the field of special investigation be
will be in position to immensely ben
eht the business interests of the coun-
try For this reason it is particularly
fortunate that his attention has been 30
much taken up with the transpacitic
trade.
His new work will begin in July.
rrOi. Monaghan states that before fall
ne is confident that his bureau will be
thoroughly organized and engaged in
he publication and distribution of a
system OF reports, statements and spe-
cal information not excelled by that of
any government of the world.
Nothing could be more TO my liking
,lan to take up this work." said Prof.
Monaghan. 81 have given our COM
nlerce more study than any other sim
gle subject, and, realizing the vast OPP
poftnnlties, am especially pleased at
Tue circumstances which have placed
LIE IN position to aid in the develop
ment of them.
Eldorado of Future.
o, NV ideas on the trade of the United
yates with the Orient you we'll know,
anu only emphasize statement which
nave made to you before when l say
.nat II Is the Eldorado of the future
e ne golden dream that is capable OF re-
alization.
will give you an an example OF
"n"' TINS trade may mean. Suppos-
S 'ne United States is capable of de-
o ,r,oPing tade of 81 per capita with
one''hlrd of the population of the ORR
mat would mean in the course
y d year trade of 100000, 900. II
t,o we're to take Mr.. Hills graphic illus
"'ioh-the trade with China-I might
i. mat with trade of cent per cap
l.