Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1908-01-26
CLAIM WATERWAY
WILL LOWER The
LAKE LEVEL
CARRIERS OPPOSE PLAN OF
LAKES T0-GULF PROJECT
Annual Convention Proposed
For Consideration Of Con-
serving Nations Resources
Big ColoniStS' Movement,

Big ColoniStS' Movement,
Chicago, Jan. 23.-The announce
ment that the Lake Carriers associa-
ton would oppose the lakes-to-the.
gulf deep waterway project was in
itself an explanation of the confer
ence held in Chicago last week by the
principal advocates of the deep water
way, during which David r. Francis
nf st. Louis, said: 81 understand we
have certain interests here which OPP
pose the deep waterway. That is, to
say the least a short-sighted policy.
The completion Of deep waterway
from the lakes to the gulf win benefit
all lines of industry and will do more
to regulate freight rates than all the
legislation You can devise Canada
is improving her waterways and al
ready shipping is beginning to be d.
verted from the ports of the United
states to those of Canada. This will
continue and our supremacy shall
have been forfeited unless congress
can be made to see the necessity of an
appropriation for deepening the Mis-
sissippi river so that ships may pass
from the great lakes to clear for the
ports of Europe without shifting car
60" In explaining the opposition by
the lake carriers, Counsel Harvey d.
Gouder. of Cleveland said: I'VE have
not the slightest objection to the di
version into the canal of all water
necessary for sanitary purposes. But
when it comes to water for a twenty
channel. that is another mat
ter"
1t is believed that this opposition is
i'll advised, as the deep waterway would
not lower the lake level more than
two feet. and this can be offset by re-
tanning projects which will be neces-
sary any way in the further develop
ment of the lake shipping. Lyman
r. Cooley, who has been member of
10 consider the water
level of the lakes, is authority for the
statement that the objection raised
by the Lake Carriers association can
he overcome. In the present stua-
ton a union of interests will prove the
solution of the lake and river prob
lens. The st. Lawrence has been
found an impractical outlet for ship
ping because of the fogs which pre-
vail and which already have caused
the abandonment of more than one
st. Lawrence Liverpool line of boats. |
A novel development in the plans Of |
the administration for the preserva- |
ton of the country's national re- |
sources is the suggestion that an an |
nual convention be held at which |
judges, government officials and rep |
resentative professional men shall |
have an opportunity TO confer on
questions of national business policy. |
This plan has been carried out with /
great success in Germany where |
every year representatives of the gov /
eminent and prominent civilians meet /
for twelve weeks of lectures ana study /
Of institutions and commerce. The (
results of these conferences have /
proved an important factor in the % /
cent Industrial awakening or Cor |
many, according to f'rof. j. Lawrence |
Laughlin of the University of chi /
oagO who has Just returned from an .
of economic conditions |
In Europe. "The difference between .
Germany and the United states in |
his respect" he said. is as wide as I
he poles. In Germany the state not
lny fosters science and scholarship,
out ii wishes to use the result in the
problems of government; in America
l scholar is discounted as a theorist
and is patrOnized by the merely rich.
The old "Vaterland" is passing as a
'esult OF the steady social and indus
rial awakening throughout the coun-
ry, The finest houses in the capital
are those belonging to the men who
ave risen to fortune in the new in
iustrial movement which has brought
Germany into such intense rivalry
With Great Britain and made It a
actor in international commerce and
rade, " No details of the planned con-
'ention for this country have yet been
worked out. but it is thought to have
az AdNOl VI IIeSluC III IAppoNN'At' -
is in line with his policy as express
ID In parts of his last message urging
more scientific study of our natural
esources and the most practical
means of conserving them.
When the practical work for the
eeded reform OF the money system OF
he United States was concentrated in
,hcago last week, the chances
frightened that something would be
ccomplished in time for consideration
I the present congress. The depart
re to Europe Of Chairman A. B.
Hepburn, OF the currency commission
T the American Bankers associa-
ion signified that a Chicago man, Jo-
eph T. Talbert, vice president of the
commercial National bank, would be-
ONE a leading force in the effort TO
each an agreement between differing
actions among the bankers Mr.. Tai
ert was authorized by Chairman
hepburn TO act and speak for him,
act which is significant of the willing
less Of the New York interests to
ONE to an agreement with western
interests upon measure Already
ne country has so far recovered from
ne financial pinch caused by the
lgid financial system NJ hnndunnur