Evening star. [volume] (Washington, D.C.) 1854-1972, 1907-01-15

| Ing Legislation providing q more elastic
| currency system. I'VE will never be on
| basis Of equality in competition with
| other countries" he said, "as long as 1t
| is possible for the rates for money to
Jump up and down from per cent to
| 40 per cent, and even as high as 100 per
| cent"
The balance Of the morning session was
taken w in the presentation of resolu-
tons by delegates from various states and
| commercial bodies. all of which. under the
rules adopted yesterday, went to the COM
mittee on resolutions for conS1dera ton
and report
Permanent Organization Effected.
At the session yesterday afternoon the
report Of the committee on credentials
was received. as was also the report of the
committee on permanent organization and
rules Permanent organization was effected
| by the election of the following officers:
President. William McCarroll Of New
York: vice presidents, Cornelius N: Bilss
New York: Francis B. LOOMS. Springfield
| Ohio: DR. w. P. Wilson. Philadelphia: for
| mer Senator Henry G. Davis, Elkins. W.
Va s. B. Packard. Marshalltown. Iowa.
and C. W. Pridy. Norfolk. Va; secretary,
Frank 8. Gardner. New York. and sergeant
| alarms. Joseph E. Black. Richmond. Mo.
President McCarrOl who is also president
of the New York board of trade and trans
portation. made one of the principal ad-
dresses of the afternoon on the general
subject of extension of foreign trade. He
made particular reference to the enormous
earnings of all branches Of business in the
United States at the present time, ana ar
gued for the spending of a portion OF the
surplus to open up the way for commerce
with other countries.
Some Features of the Extension of For
eign Commerce was the subject chosen by
James W. Van Cleave of st. Louis. Mo-,
president of the National Association Of
Manufacturers.
Mr.. Van Cleave's Address.
He said in part:
Enthusiastically speaking. abroad might
have seemed to mean little to the average
America of 1857. 1867 of 1871 But it
means much to of 1907. And 1t will
mean still more to the Americans of 1917
and 1927. We are richer than we were ir
those earlier and more boastful days In
number as well in volume our indus
tries have expanded But every step In
this expansion makes an additional demand
upon us to open new markets In other
countries for our products.
In the year which ended two weeks ago
the products of our mines went up close
to the $2.OO0O0O.O00 mark and the earnings
Of our farmers were almost $1,OO0.O0O,OOO.
Our mills and factories paid S,5OO,OOO,OOO
to their employees. and these produced $15,-
600, 100000 of finished goods. The country's
foreign trade passed the $1,000 OO0,0eO line,
and our domestic commerce amounted to
more than $4,000, OOOO But these big
figures warn us to look outside of our own
country for new outlets for surplus. To
larger and larger extent every year home
production outruns home consumption The
necessity for extending our business rela-
tions with Abroad is the principal thing
that brought here.
'One way of extending our foreign trade
is through the creation of an adequate mer-
chant marine. Subsidies by the national
government. wisely distributed and regu-
lated, will put commercial flag again
on the seas.
Must Learn Worlds Needs.
But we need something more than a
merchant marine to enable to win new
markets, or to hold those which We now
have. We must learn the worlds needs
and tastes in merchandise, and set to work
intelligently to supply them. The govern
ment here in Washington is doing some
thing toward marking out paths by which,
with our cooperation, we can extend our
trade abroad. Secretary Root is improving
the consular service. and is equipping our
government agents at the worlds chief i'm
porting points to learn those peoples needs
and to study how we can supply them. On
application by any American manufacturer.
Secretary Straus' Department Of Commerce
and Labor will send samples Of goods
which England. Germany and our other
rivals sell in China. Japan, South Africa.
Egypt and South America.
"PanicS have habit of coming with con-
siderable regularity. They were here in
1913. 1887. 1857, 1873 and 1893. All arrived
unexpectedly. Under the twenty-year law
Oh perlOQlClty anOlner panic would De due
in 1913. Some Of our prominent men are
predicting that a panic will come earlier
than that time
Exports to Africa.
Out of Africa's hundreds of millions of
imports annually we furnished only $19.-
100000 In 1906. We sold to South America
only $75O0O.0OO Of the $500. GOO, 600 of goods
which she bought, and We contributed but
S195, 100000 of the 81, 100000 600 of commodi-
ties which Asia imported from the outside
world. And the volume of the imports into
all these continents is rapidly expanding.
Here, my friends some of 1t at our own
doors. is the vast empire which lies open to
US to conquer. Give US sane tariff revision
In 1909; give us adequate government aid
for our shipping: give our boys an indus
trial training in the public schools; give us
harmony between employers and workers;
let us combine foresight and enterprise in
the regulation of our business; let us push
our trade abroad by men who have tech
meal skill and who can talk the tongues OF
the countries. and we will outrun all our
rivals in the race for new markets; we will
make our prosperity at home permanent
and balanced; and we will place our flag
on all the worlds seas"
Other speakers before the afternoon meet
ing of the convention were Lewis Nixon of
New York and Alvin H. Sanders of Chicago.
chairman of the American Reciprocal Tariff
League. somewhat heated discussion
arose when it was suggested to have the
delegate from each state, and the matter
was finally compromised by President Nc
Carroll choosing fifteen delegates at large
to form that committee
Reciprocal Tariff.
In his address Mr. Sanders of Chicago
said, in substance:
DO We propose to send our steamers
into every port from Hamburg to Hong
kong with Amerc cargoes with instruc-
lions to bring ! OK nothing of any conse-
quence but cash? Do We propose to AXE
the position that we VIII only receive GEM
modities in exchange for what We Lave to
sell except in those few isolated cases
where the customer happens to be produc-
Ing something which we can never grow
or make?
THE failure of the French treaty was
followed by the levying of maximum du-
ties against our goods, the exclusion under
different pretexts of our various food prod
ucts; the loss of markets worth probably
$3O,OOO.0OO annually to this country.
Failure to make peace with Germany
will prove even cOstlier
meantime American manufa cturers are
being driven abroad. Canada is receiving
millions of our capital, going into branch
factories and mills, and millions in wages
are pouring into Canadian Golfers that
might have been held this side of lhe line
under different conditions.