Deseret evening news. [volume] (Great Salt Lake City [Utah]) 1867-1920, 1903-09-26

portant interview on this subject with
Prof. Luigi Luzzatti a world-renowned
iinancier. three times minister of the
treasury who has worked out and
brought to conclusion almost all the
commercial treaties between Italy and
other countries, and who IL often con-
suited by foreign powers in their most
difficult financial crises,
Some particulars of the life of this
eminent man may be of interest to
American readers. He was born in
Venice In 1S4l of a Jewish family, and
having successfully studied law, he OBJ
tanned in 1S67,a professorship in the Uni
versity of Padua, from whence a few
years later nc removed to Rome, there
TO MI similar post. lie was twice
elected to the Italian parliament, but
could not take his seat on account of
his youth no one being eligible under
30 years of age. Later he was re-
elected, and still retains his seat in the
chamber, where on every question of
law, finance, economies and industry,
he takes leading part, speaking with
flowing eloquence and the authority OF
knowledge and conviction He is the
apostle Of cooperation, of which he is
an able exponent. He has represented
Italy at various scientific and literary
congresses and his published works are
numerous and highly appreciated.
ABLE TO JUDGE.
No one better than Prof. Luigi Luz
zatti is competent to give an opinion
which will be at the same time author
| itative and impartial, on American
commercial competition which I'm Italy
as we'll as in the rest Of Europe II the
| question taking the lead In all thought
full minds Speaking on the subject
| to me, he said
"The United States is--to quote the
| words of Lucretius-'the blooming
| youth of the world There the charac-
| terlstics of all the better European
i races are fused together. and connect
ed with the bond Of liberty and dem
ocracy. The result Is nation which,
from an economic point Of view, pos
esses the inventive skin Of the Germans
and English, and territory yaster
than the whole OF Europe, with all the
advantages of diversity Of climate and
rich mineral resources, bound together
| by more miles of railway than the
| whole Of Europe can boast, If this ma
tIonr continued the illustrious profess
sor. should now provide herself with
powerful fleets OF warships and mer-
| chant vessels. thing which she could
easily do, Is II not evident that the Goo
nomIc axis of the world would be IN
New York rather than In London, Pa
| ,is or Berlin? The trusts, which now
| in the United States have assumed pro-
| portions more colossal than ever, and
| have been applied to great manutaciur-
ing industries and To mineral produce,
NAV In new and stupendous forms dis
| ,nrh tho Jaws Of universal competition
| NVho can saw whether the United states
il not prepnring q revolution In manu-
| sactu,lnr Industries similar To- that
| which she has already accomplished In
| Eurone through her exports of agri-
| culnirai proauceo The agrarian ques-
| lion IN the old world with the low
| er,np OF agricultural returns, the c0nse-
| otiont economic and social disturbance,
| ~ nroblom of too cheap brcnd, now ris-
| loo In nrico 10 save the agricultural
| rl9sssa from ruin, and the high fron-
! ,ior duties originated IN iS79-S0, when
| M exress OF American grain prOduc-
| ,,np 0rst yisibly and lmpctuously at
| fec,ed Europe Eycn before tho trusts,
| the protective system OF the United
| states was WORKING as u mas worked
| everywhere, To give tn foreign countries
the produce Of her national industries
| cheaper than they aro sold at home.
| Al present tho trusts. managed with
that self-conhdence and good-humored
| despotism, may be so directed rs 10
crush here and there. or TO weaken
senslbly, according TO their own In