New-York tribune., 1906-05-14
TRADE AND FRIENDSHIP
II Plea Against Commercial Rivalry
as State of Var.

-
Great Britain. was the gusst OK the LonEon CAer,
Der os COmmercs az tts annual dinner on MAY a
Conveying message from the New York Cha-b..
OK Commerce urging the promotion ana encouz4r..
ment of reciprocal intercourss. Mr.. Raid said:
I shall venture 20 interpret the feelings os n.
other guests By my own. The first word fss~
IN response 20 the toast you have done us 80
honor % propose must express our HIN 49,
preciafion Of being thus received By q chansss,
which represents the trade Of the largest clfy r,
the world and a commerce. that covers the vv,S-ft
must seize this opportunity. too. SIR "a ~
press thanks for generous references 20 tbs -
cent awful calamity On my own countrv 80 .
no other quarter could sympathy - -
precious. believe. TOO. that in no other G-,s.s
be loftier pride over the chafacterietie 49, ~
which that splendid California. vital IN e-5.-s
part. Is rising 20 meet and suTmOunt her ~.
aster.
wish also 70 testify IN this preseno. "a -.
warm memories stil cherished BY the Chsr,Se.
OF Commerce OF New York concerning fTs -
come you gave them IN 1901. and cOncer1iry ~.
subsequent gracious reception from his r1sf.ss,
the King at Windsor. with which their viSis :,
too with pleasure q return visit too ehorf -
too small paid By a delegation from t6is LSs--
with your lamehted Ambassador. Sir BTlcSssI
Herbert az its head, at the opening Of tie Nv
ber, 1902.
It was IN reference % these visita sh,s a..
president OF our New York Chamber ~ No..
X. Jesup. a gentleman deservedly honorsf -
both sides OF the Atlantic. said % me rsce1sI,ss
courage this reciprocal intercourse TSa 49,.
OF IL we have the more our business a. v-si1 =.
our social ties win be strengthened" and -
continued. In words that cannot but f5l-l,
sound In craftsmanship as well Os IN huzi-es.
policy: Nothing can do more % bring eoz.sse
the two nations than fair fust ana frie1SIS ~-
mercial relations II is he dTtv ~ 49, ls 80
English speaking powers. who are so neqrlv -
not only In language. but IN sentiments rsIIsles
and law, 70 spread the cause OF liberty 80
viii and Brotherhood throughOut the v-S@r1sa' q
i give You that. gentlemen. as the ness1yz %
the New York Chamber % the London ChaS15sr
on the occasion OF your anniversary dime
May add two reasons why we Should siu-.,
be friends? There are a thousand brt r 80
these two because they are recent, becaus- go
ence. and because they are stTikingly s9'I4
draw them from the latest annual statements -
our commerce. which have found IN a5Va,ss
sheets from the annual report OF the New Va-S,
Chamber. The first reason why we should ~
ways be friends IS that nearly one-third az -
entire trade Of New York Is with Great Britsi7
and the British Empire. The other raaso-- 80
even more solid one Is that OF the enfirs 49,.
OK tne United states. over One-third almost oua-
half, is with Great Britain and the British ~
ptre- Ine exact figures are: Our trade with an
the world. sass. .651 399; our trade with C3-sss
Britain and the British Empire alone sl.Is..-
Well. gentlemen. our people think that "a,
business worth looking after and continuing 10
culJtVate- We hope you think the same ~.
don't do this business without making q HtIs
proht on It, We hope you do the same for yVs
nold 70 the good old dOetrine-as am sure you
most beneficial in which both sides make q
prOnC Inc man with US who tries to make al,
IN tne money there Is In the trade soon finds that
there are fewer people trading with him
Let me say further that doubt the wisdom az
that political philosophy which would TN 10
lnJure the trade Of one country BY any means
legislative, diplomatic or warIike in order thqt
the trade Of another country might profit bv III
| don't believe that in these times nations grow
great that way
Neither do believe In this modern heresv. 50
prevalent nowadays among that class Of busi-
ness men who are politicians first and business
men a1terWard, that commercial rivalry between
nations Is a state Of war, and must be waged as
bitterly as any other war. To me this seems as
IaIlacious In logic as 1t Is offensive IN morals.
They might as well hold that Won rentIar7or
here who control the trade OF the City OF Lon
Oon' though you assume such an air Of fFateFnal
regard HOr each other tonight. are nevertheless
really all az war with each other solely because
you are necessarily rivals. There q q better
way OF looking at IL. more manly way. more
EnSllSn way. Competition is not war. whether
between nations or between individuals; on the
contrary II is now as always. with the one IS
with the other, merely the life OF trade
Furthermore. commerce Is not promoted By
war or by threats OF war. In the long run they
are more likely to paralyze it. Whoever In
tnese times really extends his nations COM
merce that way buys IL In too dear market,
and the more Of il he gets the poorer he is
II these remarks seem to be trenching on the
political field let me hasten TO protest that
have no politics here. II I had. I should Be
bound to keep them to myself. But / need not
pretend that we in America have been indiz-
here since the beginning Of the year.
What I may say with truth and candOr. Is
that we got on with entire content under the
government Of Mr. BalfOur. attaining better r.
latiOns with the mother country than ever be-
fore In the whole history Of national exist
ence, with more trade between US and with m0re
prosperity on both sides To that may add
with equal truth and CandOr. that we looked for
ward to the considerable change in trade con-
dttiOns apparently involved in possible gov
ernment by Mr. Chamberlain. or on his policies
without apprehension. and that we are now ac-
cuStOming ourselves to the actual government q
Sir Henry Campbell -Bannerman with entire
satisfaction and content.
Perhaps might better have said all this moro
simply by merely observing that our merchants
long since took leaf out OF your book and
learned to adapt themselves TO existing cOndl-
tions.
Well. gentlemen the existing conditions are
peaceful and prosperous Long may they re-
main so. on both sides OF the ocean, 20 the
mutual advantage Of each OF our countries ].
IS your happy lot to promote and extend one e
the greatest civilizeFs II not the greatest q
modern times. for Il Is almost platitUde. now
that the enlightened and fair-minded trader IS q
true missionary The commerce you carry
around the world does not breed war ms
breath OF its nOStFilS is peace. II carries with ].
law ana order security for person and properly
under any nag that any English speaking peop.e
uleS anywhere on the globe: IL carries with u
the greatest happiness for the greatest nuuloe1.
That IS noble vocation. I salute you on your
wonderful success in Il. and / bring you ne
warm ana hearty s0lutatiOnS Of your fflsliGs
ana rivals from the other side Of the Atlantic