The Richmond palladium and sun-telegram. [volume] (Richmond, Ind.) 1907-1939, 1911-09-30
INCREASE EXPORT Z
7 TRADE OF NATION
tnaugurate Movement to Do
$4,000, 900, 600 Trade An
nually Within 5 Years.
~ JONATHAN WINFIELD.


Z WASHINGTON, Sept. 30.-A nation
wide movement to increase the foreign
trade OF the United States to the enor-
nous total of two billion dollars with
In the next five years has been inaugu-
rated by the leading manufacturers
and exporters OF the country. 1t has
Interested the business men from the
Atlantic to the Pacific, and it promises
TO make the great European producers
do some fresh calculating.
This movement Ia not altogether
new. but the extent OF it's present
sweep and the magnitude of its ambi-
lions are just being realized. 1t means
that ultimately the United States will
become a workshop for the manufac-
<ured products used in the Western
Hemisphere, and that 1t will further
Industrial development Of Africa and
Asia.
Just now the manufacturers of Great
Britain and Germany dominate the
South African, the South American,
And the Asiatic markets. They have
their vast merchant marine and they
have pushed their trade into remote
regions. The story of this trade con-
kQuest Is told by almost every consular
report received In Washington, and
khis same story has aroused the en-
kerprise of American producers. 1t
mas caused them to rise and demand
their part Of the foreign business OF
1.-The world.
/ This country is rich in raw mater
fials. 1t is richer than any other ma
ktion on the globe, yet it has been con-
Dtent in the past to supply Europe with
tthe materials and allow Europe to sup
kply the consumers of the earth with
|the goods made from these materials.
This il an economic situation that the
american manufacturers have organic
ned themselves to remedy, and to keep
the profits now going into European
pocket books, at home.
This was the incentive for the or
kganixation of the American Manufac-
Bturers' Export Association, which held
10 meeting in New York on September
I26. This Is the reason that such men
as John Ball Osborne, chief OF the
bureau OF Trade Relations. Depart.
lment OF Commerce and Labor; Con.
lsul General, Robert =. Skinner. at
Hamburg; John Gambler Cobb, of Bos-
Iton; Consul General, Edwin Cunning
ham. at Bombay; Representative Red
field and others are cooperating with
1.-THE manufacturers in this trade ex-
tension policy.
F, These men have made a study OF
trade conditions. They have seen the
lextent of the European export bust
mess. and that Of the United States.
They have grasped the bigness Of the
commerce which Americans could get,
n they should go after 1t, and they are
prepared to tell the country about it.
! Henry T. Wills. secretary of this
body of manufacturers. has also stud
lied the situation. He has realized the
possibilities of the export trade and
has spent years impressing the facts
upon the producers in America. In a
statement, Mr.. Wills says:
/ 1.-THE fact that the value of Ameri-
kcan manufacturers eXpocts increased
kby 140,00O,OOO, and that the value OF
these exports has reached $SlO, 900, 900,
during the fiscal year just closed, gives
aus substantial basis for our claim Of
ia billion and a quarter in export ,rade
dn 1912, and two billion dollars EXPORT
trade within the next five years.
{ Another point of unusual import
lance in this connection is the fact that
1.-THE quiescent state of domestic trade
It's naturally causing the American
manufacturer to look more and more
hnto foreign fields for business. The
opportunity for record breaking ex-
port trade was never so great as that
(which the present year offers. Our
association Is engaged in making the
koreign markets the means of main
taining and extending our domestic
and commercial prosperity.
! I'VE recognize the need of bust
mess attitude in obtaining the trade
Sfavors of the entire world. BY the
ILLUMINATION of the surplus trade idea
land the many minor evils which have
no long affected our American export
trade, We feel that our belief in a
larger volume is justified.
There are a great many ways in
which the American producers can ex-
tend their trade in foreign fields. Bet
tier international banking facilities, the
of the American mer-
chant marine, foreign tariffs, and a
fconciliatory policy with commission
houses, more intimate knowledge of
foreign trade conditions. credit reports
land inquiries, and closer co-opcra-
Ition OF the consular service and the
bother government bureaus for the ex-
tension of American foreign trade are
some Of the means which may be en-
iployed."
The opening of the Panama Canal,
the development of South America,
and the opportunities for business in
the Orient are some of the POSSIBLE.
ties that are giving the manufacturers
food for thought and calculation.
"Shall Europe be allowed to monopo-
| R0OZE VS. CHURCH.