Evening star. [volume] (Washington, D.C.) 1854-1972, 1905-01-14

| mining and manufacturing industry. We ares
adding enormously to the west by the new
| irrigation works going Take Cali
! fornia. 1t is half again big as Italy
and 1t VIII raise the same products and feed
| as many people Nevertheless, II has now
| only a r.illion and half population while
| italy has thirty-two millions. The irrigation
works of California will bring in a vast
1 area OF new land. This is so in many other
states. And then take Texas That state
| could feed this whole country and raise
| enough cotton to clothe our people for all
| time TO come The west at its maXimumi
| The west has hardly begun to be. At PRES
| ent 90 per cent of our people live east OF
| the Missouri river. We can support fully al
| many west of that river
A Western President Next Time.
| How about the political condition of the
country. Mr. Secretary l asked. IF the
! west is destined to be such a great part Of
the United States. will it not demand more
part in the management of the govern
| ment?''
| Il think it will. The political center of
| the United States has certainly changed
| within the last few years. The center OF
| population and power has moved to the
| Mississippi valley and the typical, American
| is to be found west of the Alleghenies. In
| deed. | doubt if we shall ever have a Presi-
! dent from New York again
Some people think that the far eastern
! part of our country, namely New York and
New England, are rather provincial"
| THAT is true of New York city. and es-
| pecially of Wall street. | know brokers
| there whose world is bounded by the Bat
| terry and Trinity Church. They are sand
| WICKED in between an ocean and A grave
| yard. and cannot realize that the real work
| of the United States is done all over the
| country and that our great sources OF
| wealth are in the farms, mineseand fac
| tories beyond the rAlIeghenies'
The Workshop of the World.
What do you think of our prospects as
| a nation. Mr.. Secretar!-! Will we continue
| to grow in wealth and prosperity
yes. 1t is impossible to estimate our
possibilities. We have for years been the
| granary and meat market of the world, but
| we are destined to, be its chief workshop
| If you ask why, | would say that we have
everything in our favor. We have the
greatest of material resources. Our coal
and iron are situated that they can
| easily be brought together. We have tho
| best food and the cheapest food. We have
| the best-paid. best-fed and best-clad work
| men, Our labor is as skilled as any on
| the globe, and it surpasses all others in
| natural ingenuity and inventive ability. IL
| we can only keep ourselves on the natural
road of supply and demand; If we can gov
| ern capital and labor by natural laws, Civ
| ing the individual laborer and the iudi-
vidual capitalist all his rights, we shall do
| the greatest part of the manufacturing for
| the world.
A Word for the Corporations.
continued Secretary Morton, Il would EN-
| phasize the advantage of our great combi-
nations of capital They are the battle
ships on the sea of commerce which VIII
| enable to push our goods over the globe
! The small manufacturer or small whole
| saler cannot do business like a corporation
| or a so-called trust. Suppose the former
| tries to get trade in Mexico. He sends an
| agent there. and. the agent asks the Next
| can merchant for an order. He gets II, but
| is told that it will not be paid for except
| on from twelve to eighteen months time,
| and that that is the custom of the country.
| A small capitalist cannot afford to do bust
| ness that way. He must turn his money
| rapidly, and so the order is rejected. At
| the same time an English or German COM O
mercial traveller gives the time and gets
the business. With our capital combina-
| tions such conditions Will be met. They
will map cut each country as the local
wholesaler now maps out his state or inn
mediate vicinity. They will have men study
| ing each country, will educate statesmen to-
speak its language and train them to It's
special methods of business. They VIII
| have all the advantages of science, econ
omy, cheap methods of production and
large capital which can afford to wait for
results. They will, in short be able to cons
pete anywhere and on any terms.
The Worlds Counting House.
Another thing / want to say about our
country" continued Mr. Morton, lis as to
its future as a financial power. We shall
be not only the great workshop and manu-
facturer of the world, but also the count
ing house. l believe that New York will
eventually be the financial center of the
globe We cannot have a balance of trade
of hundreds of millions of dollars per year
right along without that becoming the
case. Our Investments are fast extending
beyond our own borders. They are going
into Mexico and South America. We
buying japanese bonds and Russian bonds;
and it is only a question Of time when We
shall have, the English have now, in
vestments all over the earth. At present
we are paying out vast sums in freight
charges to the ocean steamships of other
countries. At no distant future a large
part of that money will come into our own
pockets, for we shall have our own mer-
chant marine to carry our goods
FRANK G.. CARPENTER.