New-York tribune., 1909-07-26
CRIES OF PROSPERITY
Continued from first page

tion there is not as rampant as here. France is
flooded with Russian securities now. and they
have all they want of them Each year I am
more buIIish on America. for I see the possibili-
ties here and the impossiblities on the other
side"
Mr. Gates did not have much to say about
conditions in England. but questions on BRUSH
topics brought out his opinion OF the american
electorate He was asked if the wealthy men
Of England were not much concerned over 'he
budget and increase in taxation.
We'll" lie said. II don't believe that the
wealthy men of England control politics there
any more than they DO in this country
It was suggested that there was popular
feeling in this country that the wealthy men
had good deal to say about the government
mo. they don't here" MIR. Gates replied II 5
the man with the torch and the dinner pail that @
is in control The vote of q man getting Sl'V"O
is worth lust as much as that OF man making
81. 100000"
LEANS TOWARD FREE TRADE
When the tariff was mentioned Mr.. Gates said
that he was q convert to free trade, at least 50
far as raw materials were concerned, the free
entry Of which, he said. he considered necessary
to commercial expansion in this country
81 have been q Republican all my He he
said .abut 1 am drifting more and more TO Tree
trade and see the value of free entry Tor most
raw materials to open American workshops anu
factories
..lVrat would be the effect Of free lumber. for
instance" he was asked
..Tt has been said that with free lumber cam
ada would swamp this country, Know bu'
while Canada was stripping her forests OUT IiIii-
ber would be growing so that if this country
were 'swamped' for short time by CanauIaii
lumber we would be the gamer in the end Inc
adj
supply and demand in short while
The greatest mistake this country has ever
made has been it's failure to provide ship sub
sidy. 1t has not been Republicans that nave
blocked this. Democrats. but just plain
damned fools There should be a subsidy not
only on the building Of ships. but on their op-
Grafton 70 all parts of the world There are too
many hayseed politicians in Washington. and
they are responsible for this hindrance TO ma
tional development It is a sad commentary on
the American people that % per cent OF their
products have to lie carried to their markets IN
foreign bottoms"
Mr. Gates was asked If he considered the in
fux Of more or less undesirable aliens into this
country a serious menace. He said that the
situation did not seem TO be as serious as some
thought
This has gone on for good many years. and
Will continue" he said, but where there has
i been one undesirable immigrant there have been
nnety-nine desirable ones. We have scarcely
+ begun to scratch this country yet To show this,
{ look at Texas which is % to % per cent larger
than France. and yet has a population Of only
100000. against the 3s.00O.OOO Of France.
+ There is California, too. about the size of Ger
many. with a population Of 100000. while Ger
many supports one OF 60,O00OO0'
; Mr.. Gates said that he had no intention OF
entering Wall Street again With his family he
/ viii stay at the Hotel Plaza for some time.