The Washington herald., 1907-10-05

EnunciatIng pronounced views on the
tariff question, the speech Of Secretary
Straus, Of the Department Of Commerce
and Labor. before the convention Of the
National Association of Cotton Manufac-
turers at the New Willard yesterday,
precipitated lively interest on the part
of the manufacturers and foreigners.
Mr.. Straus said IN part:
Trade, Ike water, finds its own level,
and follows along the highways of least
resistance. 4 good trade agent Will get
more business than a general al the head
Of a great army or an admiral IN com
mand Of a great fleet. These may be
useful 10 keep the highway open. but not
10 make trade Good Will. cheap goods,
and a good knowledge Of the market are
the three requisites for good trade.
Others VIII BecipFOcate.
IF you build your tariff too Ugh In
this country you viii encourage high
walls on the other side. which are known
by the name Of discriminating duties.
We are striking that wall now. No one
foresaw this more clearly than President
Mckinley. and no one has shown the
way more clearly how 20 overcome the
existing and increasing obstacles that lay
In the path Of our foreign commerce.
He recommended reciprocity and a re-
vised tariff 20 meet the changed and
changing conditions, in order to gain
our proper share Of the foreign markets
To-day there IS invested in this in
dustry 6I3.0o0. 600. its annual product is
$4iG. oCJ3-ab0ut one-twelfth Of the value
Of this class Of goods that enters into
international trade. The sO-called yellow
race are steadily increasing customers Of
your goods and as they advance and
prosper, provided We keep their good
Will. they viii buy more and more Of
your product and Of other American
manufacturers. China took $20.0O00O0 less
from YOU last year than the year before
How much OF this was due 20 a silent
n0uiupOTtatioG agreement which was
used go effectively by us preceding the
Revolutionary war, and which IS known
by the modern name Of boycott ! leave
YOU 10 figure out
Wu May Give Advice.
Probably Minister Wa when he comes
here will help YOU figure, and think
If you get him 10 tell you all he knows.
the information cannot fail to be valu-
able both 10 your and 70 other indus
tries.
The merchants and manufacturers OF
our day know that peace makes for
commerce and commerce makes for
peace. No man IN our country is better
versed in the history of nations than
President Roosevelt, and his leading pol
icies are founded upon a philosophy de-
rived from his extensive and thorough
historical knowledge He recognizes the
fact that that nation IS the most ef-
fective peacemaker which is best equipped
for seIf-defense. He would have a navy
the very existence Of which would be
a silent but effective messenger Of peace,
Lands Presidents Policy.
He recognizes also that besides being
well armed, nothing is so conducive 20
peace abroad as peace at home. There
fore, the Nobel Prize. that was awarded
to him last year by the Norwegian Par
lament for having contributed most in
promoting the worlds peace. has been
devoted by him to a foundation for the
promotion Of Industrial peace. I recon-
mend this foundation TO your earnest
consideration"
Another highly interesting address
made was that OF S n. D. North, di-
rector Of the Census Bureau. His theme
was Some present and future conditions
Of cotton production and manufacture IN
the United States"
Mr., North made an optimistic forecast
Of the future development Of the South
ern States and predicted that at the
next census, and at each succeeding CEN
sus for a long period. the Southern
States Will show q greater relative ad-
vance both in agriculture and manu-
! facture, than any other section of the
! United States