The Washington herald. [volume] (Washington, D.C.) 1906-1939, 1914-05-11
big BUSINESS
Will MEET HERE
Foreign Trade Under New
Tariff to 3 Discussed :
BY Leaders.
SESSIONS MAY n AND Is
Manufacturers Stirred by Increased
European Activity in the Mar
kets Of the World.
SESSIONS MAY Il AND rs

Nationwide discussion Of the problem Of
American foreign trade under the condi-
lions created by>the Simmons
tariff act and Federal Reserve act 10 as
sured at the First National Foreign Trade
Convention to be held In Washington.
May q and q.
The American Manufacturers Export
Association. the Americsn-Asiatic Assoc
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 VI
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-
ministration's desire through the DEPART
ment OF Commerce and the State Depart
ment to assist the further conquest of
foreign markets and the authority Of the
establish foreign branches have brought
home 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
valuable cooperation and organization
with which European nations are accus-
toned to support their oversee traders.
Redaeld IL to Attend.
Secretary Redheld has shown his in
terest in the convention by accepting an
invitation to open II. and the general
committee has received Secretary Bryan'a
acceptance Of an Invitation to speak at
the dinner to be held May n.
The program will begin with an adj
dress by James A. Farrell. president OF
the United States Steel Corporation. and
author Of the aggressive and successful
export trade policies of that industry.
Then will follow q symposium on business
conditions in the United States as related
to foreign trade.
Edward c. Simmons. Of St Louis. will
submit a paper dealing with conditions
throughout the United States as a whole.
Conditions IN the Northern States will
then be discussed by James ]. Hill. OF
st. Paul. The situation in the Eastern
business man whose name is not yet
announced. That In the Central States
by II. G. Herget, president Of the ILL
nois Manufacturers Association: in the
Southern States by Ellison A. Smyth,
president of the Cotton Manufacturers
Association OF South Carolina, while the
Gulf States will be spoken for by James
A Arnold. secretary-manager OF the
Texas Business Mems Association. The
Pacific Coast will be represented BY Capt
Robert Dollar. president Of the Robert
Dollar Steamship Company Of San Fran
cisco.
As to the sherman Law.
The important problem Of industrial
combinations will be dealt with in paper
by J. d. Ryan. president Of the Amalga-
mated Copper Company on Foreign
Trade as Affected by the Sherman Law.
This will cover the contention that large
corporations are best fitted effectively to
handle foreign trade. and the desirability
Of specifically permitting combinations Of