The sun. [volume] (New York [N.Y.]) 1833-1916, 1914-08-09
SEES RICH HARVEST
FOR OUR INDUSTRIES
Authority on Export Trade Says
War VIII Bring World
to Us.
CHANCE TO TAKE LEAD
American Manufacturers Have
Only TO Seize Present
Opportunity.

nation or the world.
Here are his views
How will the war AFFECT the United ,
States? This question has been put to
me hundreds OF times in the last week
have received dozens of letters on the
subject from manufacturers In different
parts Of the country and have received
many telephone calls from manufacturers
OF New York and vicinity.
81 mention all this to show how closely
American business men are following the
situation so far as Il will affect this coun-
try. What the result will be 10 the ma
lions directly involved must be entirely
1jectural But such u not the case
whom we consider the situation In so far
as II has bearing on the United States.
Tho answer 4. definite. not 20 say posi-
tive. II we will only look at tho matter
from a common sense viewpoint. our con-
illusions cannot fail but to reassure the
few alarmsts and make the average busi-
ness man. whether he be manufacturer.
merchant or banker. feel thoroughly Sc
cure.
Much az may deplore any warfare
and especially conflict involving the
great Powers OF Europe we cannot fail
to feel considerable relief. II not salts
faction, that such war will not work
injury TO this country Looking the sit
uation squarely In the face we are forced
To the conclusion that It will result To
our very great advantage, both In the
near future and permanently.
Dement'S Forced Upon Us.
Unless we show that We are abso-
iutely scatterbrained in this country We
should enjoy at an early date the bene-
nts that will be practically forced up
us. and while we cannot entirely foresee
how great the permanent advantages will
be. their magnitude depends very largely
upon ourselves. These are strong state
,arta apI hau in al
realization Of the present temporary int
pediments to international trade trans
actions.
The greatest advantages accruing To-
tho United States naturally have to do
with our foreign business. The manu-
facturers OF this country--or at least a
part OF them-have been striving very
earnestly for number OF years to de-
velop export trade. Many OF them have
succeeded. although in some cases II has
been n hard fight 10 gain a strong foot
hold
This has been partly dus to the fact
that the residents of many lands have
long been accustomed TO goods OF Euro
pean manufacture.
Such lines that have been invented
or highly developed in this country have
met with favor from the start and as
rule have suffered little from European
competition. Among such lines may ne
mentioned olilCe dpDlldUNts, PIfphIru Ippl
products. agricultural and other kinds Of
machinery. hardware. low and medium
priced automobiles, &C.
American shoes have long since
gained tho highest favor in all parts OF
the world because OF their unquestioned
superiority over those manufactured in
any other country. but IL Is only Of re-
cent years that mos; American manufac-
| tured clothing lines have olet with any
great success In foreign markets. The
| reasons are that goods manufactured In
| Europe had long been used in that and
| other parts of the world and that few OF
| our clothing manufacturers have taken
the trouble TO push their lines abroad.
There have been, OF course. a few eX-
| ceptions among the makers OF corsets.
| hosiery, SC. and In these cases the re-
| suits have been most satisfactory. Amer
lean corsets. for instance. stand 70,
quality in every other country on the
| globe. just as they do here. and they are
being exported in large quantities. al
though only by a few manufacturers.
There In hardly any kind OF wearing APP
| pare made in this country that Is not
| being sold beyond our boundaries, but IN
| many cases nothing more than fair
start has been made. Other classes OF
American made goods occupy much the
same position.
Foreign Industries Crippled.
with the manufacturing countries of
| Europe at war their Industries will he
| FRUSTRATED aS result of financial strin-
gency and tho fact that n large part Of
| their male population will be taken from
| the mills and shops and sent into the
field These countries will not be in n
| position to supply the normal demands of
| the neutral markets. Their nanufactu-
rers will be- hard put to II to supply home
needs. The people In other parts OF the
world. however, will have to live and their
| requirements will be fully as large as
| they ever have been.
I'm fact there Is every reason TO be-
| lleve that they will be even greater. for
| there are several sections of the world
| that seem to be on the verge OF unpre-
cedented prosperity. l have particularly
| In mind South America, where most OF
| the countries show strong Indications II
| an early and rapid recovery from the re-
cent financial depressions from which
they have been suffering. Authorities
| who have made n close study OF Latin
| American conditions do not hesitate 10
predict that those countries are about To
enjoy a very marked development In the
| next two years.
Reaching across the Atlantic, a survey
| OF the scandinavian countries shows a
| territory in which our exporting manu-
| facturers have been making very decided
| progress In the last few years. These
countries, however, still obtain large
majority Of their imports from Germany
| and the other manufacturing nations al
| Europe, partly because they are accus-
toned TO do so and partly because Euro
| pean manufacturers are more earnest In
securing and holding the trade of the
Scandinavian as we'll as other countries
II Is TO be hoped that the Scandina viar
| countries will not be involved In the war
| and II they cannot buy their luXuries and
necessities IN Europe they will naturally
turn to us.
THE same argument applies to several
other Eropean nations that are not d.
rectly concerned In the conflict Running
down the map we reach South Africa
which is to-day n fertile field to the Amer
lean manufacturer. There Is no reason
TO believe that European war will make
II less so any more than We may expect
that Canadian imports from this countr,
will fall OF materially,
Opportunities I'm Far East.
opportunities for Increased sales Of
American-made products are also pre-
sented In the Far East and In Austral