The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-05-10
BUSINESS LEADERS
OF NATION TO MEET
Foreign Trade Under New
Tariff to BE Discussed
I'm Washington.
SESSIONS MAY % AND 90
Manufacturers Stirred by Euro
pean Activity in the Mar
kets Il the World.

Nationwide discussion OF the problem u
American foreign trade under tho condi-
lions created by the Underwood Simmons
tariff act and Federal Reserve act r. as
sured at the First National Foreign Trade
Convention to be held in Washington on
May 81 and IS. The general committee, of
which Lloyd G. Griscom Is chairman. has
Just concluded In this city series Of con-
ferences. held to enlist the cooperation of
representative business men and CONNER
cal bodies OF the United States.
The American Manufacturers Export
Association, the American Asiatic Asso-
citation and the Pan-American Society
have Joined efforts for calling this conven-
ton. Their action was stimulated by the
realization OF large business interests that
the foreign trade had now reached point
where its maintenance and extension VIZ
tally affects conditions OF production in
the United States.
The unusual steps taken by European
countries to organize for more aggressive
campaigns for trade in neutral markets
have not escaped observation. The Ad-
sninistration's desire through the Depart
ment of Commerce and the State Depart
Inent to assist the further conquest OF
foreign markets and the authority of the
Federal reserve act for national banks TO
establish foreign branches have brought
homo to business interests the fact that
while the United States stands third
among the nations in volume and value OF
Foreign trade. this trade lacks the valua-
bio cooperation and organization with
which European nations are accustomed
20 support their oversee traders.
Hedneid L. TO Attend
aacratarv pedneId has shown his in
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shV'ta'ion 10 open H. ana the teheia' eo'i
@tee mas received secretary bryan
acceptance oil an invitation To speak al
The programme viii begin with an ad-
dress by James A. Farrell president OF the
United states steel Corporation. ana au-
thor OF me agsressNe anu succesu 80 CIV
port traue poicies vi th"t i,uusus' ine"
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Government Assistance in Foreign
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