The Indianapolis journal. [volume] (Indianapolis [Ind.]) 1867-1904, 1903-01-04
Wants tn Know More About the Adj
ministrative Methods Which Have
Created Great Industries.
BRITISH WAYS CRITICISED
LORDLY FIGUREHEADS PLACED AT
HEAD OF CORPORATIONS.
Tribute to American Energy-MOnrOe
Doctrine Favored by England
General Foreign News.

LONDON, Jan. 3.-Admiral Lord Charles
Beresford sailed from Southampton for
the United States to-day on the North
German Lloyd steamer Kaiserin Maria
Theresa There is no truth in the report
that he intends to take position with the
International Mercantile Marine Company.
Lord Beresford said to-day: 81 am going
to America because 1 have some private
business to attend to. 1t has nothing to
do with the shipping combine If the Nor
gans had paid me the compliment of Offer
ing me something in that connection. which
they have not, should be obliged to de-
cline However, in addition to attending to.
private business, am going to have good
look around, although / must be back in
London for the opening of Parliament in
February. / hope to pick up information
regarding the administrative element i'm
American business That is where America
excels. We do not know how to administer
here. Our workmen are as good as theirs,
but our administrations are feeble. Our
companies want lords and commoners as
directors who know nothing about business.
Yours demand straight business men who
not only know, but put their money into
the concerns of which they are directors.
If / can teach the people here to adopt
American business methods we can then
have greater intercommunication of capital
and interests between the two countries
1t is the only way, and once England and
America get on a proft-sharing basis the
world will not dare to interfere with either
Neither of US will stand for political alli-
ance 1t is impossible. Changing parties
and the sentiments of both countries for
bid it.
''I frankly confess that business aIli-
ance would be more to England's than TO
Americas advantage. America can look
after herself. She can fight the world
either from an economic or any other view
point. They have. not begun to realize here
yet that the long period which Great Brit
ain held the monopoly of trade is over
They do not know the value of a scrap
heap, of the minimum cost of production
or of the volume of trade.
1.-The present century will be one of busi-
ness. BY trying TO achieve community of
business interests and methods between
doing much toward its being a century of
peace. You put your brightest men into
business. We put them into politics. the
changed, not for the sake of the money il
makes for the individual. nor for the in
dividual, but for the general good of the
country. When return hope to have
lot more information in my pocket which
will further these ends in Parliament and
elsewhere"
Asked what he thought of the Venezuelan
situation Lord Beresford brought his hand
emphatically down on the table. Thank
God" he exclaimed. that it has come out
all right. But il has taught our govern
ment a lesson-that they must never try
their hand again at such a game without
the partnership OF the United States / DO
not say a word against Germany but do
think it is to England's advantage to come
right out ana say not only, We support
the Monroe doctrine, but. BY heavens, we
are willing to fight for it,