New-York tribune., 1907-01-31
SHAW FOR BONDED ZONE
Would Haze articles for Erport
Manufactured There.

Concord n H. Jan 3O-Ieslie NJ. Shaw,
Secretary OF the Treasury. made address to-
night before the New Hampshire Board Of
Trade. In addition TO making a plea for a
merchant marine. he advocated plan whereby
manufacturers might, under certain conditions
import raw material for their factories without
the payment of duty Secretary Shaw suggested
that it would he we'll to do away with the
bonded factory and to substitute for IT a bonded
of large area. within which a large num-
her of factories would be built Into this zone
in which articles for export only would be man
ufactured he would allow free coal and every
other element Of manufacture. except labor. to
be entered free. Should. however. the product
OF these factories be removed for the
purpose of domestic consumption. Secretary
Shaw said that it should pay the same duty
If imported from abroad He said that there
should be such a the North Atlantic
Coast, one at Norfolk. Va. and another at the
Gulf
Secretary Shaw said. IN part:
Without attempting lengthy elaboration of the
gestion. Suppose. instead OF a bonded factory. We
bond well defined section OF land c3ntsining II
bonded territory all kinds OF factories could be built
and into this zone all kinds Of raw material could
be entered without the payment Of duty. This
port should. OF course. contain no dwellings.
manufacture, except labor. TO be entered free In
other words, this free port should be a great con-
sumer of American labor. the product Of which
under the most encouraging conditions. should bs
for export and for export only. II IL was removed
from the port for the purpose Of domestic con-
sumption II should pay the same duty as II import
ed from abroad. I do not see wherein the Ameri-
people could be harmed by such policy and
IL would result in furnishing employment TO those
products and work AZ the American scale Of wages
All New England would be benefited by such a
port somewhere on the North Atlantic coast A
similar port should be established IN the vicinity
of Norfolk and another on the Gulf. II Will take
time to develop the thought but II Is In absolute
harmony with the present bonded warehouse, bond
cd factory and drawback policy, and we have tho
example In the free ports OF Germany
In addition 10 this. must have merchant
marine. The method by which this handmaid 90
care 10 discuss. The ultimate fact. however. Is OF
prime Importance. II get our share OF
the import trade Of South America, South Africa
and the adjacent islands. and our share or the Inn
port trade Of the Orient we must have ships max
ing regular trips from our principal ports, hying
articles desired by the countries 20 which they
sail Our present export trade s very large. but II
consists largely OF agricultural products.
OF billion and threo-QuaTteTH In exports two
loss for they Will be carried away by countries that
must have them, and who willingly como for them
IN their ships But foreign countries Will never
come in their own chips for our manufactured
products. IL will take international merchants
supported by international merchant marine. to
entire exports more than two-thirds go 10 Europe
Gnd nearly one-half az per cent? enters ports pro-
tected by n single flag We must increase the num-
ber OF foreign purchases day our
source Of foreign consumption win be suddenly
shut on. 10 our very great discontinue