New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1905-05-19
4DDRESS By lfR. METC4LF.
Nqnufacturers' association Hare
Discussion on Trade.

Atlanta May 12-An audience representing the
organized and invested capital OF the country
greeted Secretary Metca1f OF the Department OF
Commerce and Labor here tonight. He delivered
an address the commercial possibilities Of the
country and tie necessity Of developing foreign
trade. The Address delivered to the members
Of the Nst1ona1 Association OF Manufacturers.
which had finished thA business OF its tenth an
uual convention earlier In the day.
Secretary MetcaIf had spent the day under the
Of a physician suffering from rnalaTiaI at
lack.
Secretary AIetcalf declared that the South had
grown, and was growing, In Commercial Importance
and manufactures more rapidly than any other
part Of the country He said that the United States
led the world manufacturing country. the
value OF her products being equal TO that Of Great
Britain France and Germany combined whereas
IN 1S60 the United States was lowest In this re-
spect OF the four nations The total value of her
manufactures in 1870 approximately S3oooo co.,
OOA Despite this fact the United States. he
added. exported only S5oooo0O worth Of man
1lfactured goods Since 1898 the United States
had led the world in the export of domes-
tic products and the world takes ell its can pro
aduce in excess Of tts demands. OF its manu-
factured products only about per cent find their
way TO foreign markets The remaining % per cent
are CONSUMED 10y its own population. The produc-
zion Of its manufactures IS increasing more rap
Adly than its population
Mr., MetCalf declared that Europe was the great
competitor of the United States In the markets Of
declared. to many countries, notably to South
American lands. much less than imports from
those nations and the preponderancs OF imports is
Increasing at an alarming rate. He discussed what
Ia REGARDED IS the causes Of this slow progress Of
the export OF manufactured goods from this coun-
try the statement OF which he added largely sug
sgested the remedies he proposed These were:
First-Ainerican manufacturers have made little
effort extend their markets abroad.
SecOud-The European competitors or the United
States produce and pack their goods IN form ana
conditions suited 10 the markets which they are
intended to supply This is notably true Of Ger
Third-I-he lack particularly in Asia, Oceania.
South America and Africa. Of financial institutions
and machinery through which business transactions
may be conducted.
Fourth-Tae fact that the manufacturers of other
competitive countries appreciate the necessity or
the language OF the country IN which their goods
are offered and Of having their printed matter in
those languages.
Fifth-The lack OF direct shipping facilities the
countries where competitive markets are TO be
found and cevelPCed.
The. United States to-day Secretary MetcaIf con-
tinued IS tho greatest producer OF raw cotton.
England is the greatest manufacturer Of cotton
goods. She buys annually three million bales
from this country she manufactures this with Eng
lsh labor into yarns and cloth and after supplying
her home markets. she exports manufactured cot
ton goods 10 the value OF $360O1o 900, a product
greater than that Of all the American mills COM
1ined. A large share Of this product comes back
1hree-Quarters Of the worlds supply OF raw cot
ton, yet the value Of her exports Of the manu-
featured cotton last year So, $4,000 q de.
crease OF 100000 from LOB.