The Alaska daily empire., 1914-12-03
g
 HRLE WEAK L.s

Charles M scbWab. called .ho eagent of Inc allies, lp America nas even out inc following interyiewa'
 Mr Johnson and went over % London about month ago on busis noss of impor@uce and we haye sat' isfactorly arranged that bueIness. We are 0ireody building Wafsnlp for Greece in Germany We are also working on large contracts lor eniie' It has been necessary for us to 50 70 London to attend lo these malIers, which were arranged for by Mr. Jonn- son on his last trip.
 T feel better about business condi- lions now than ! have for long lime We are near tbe turn In American business. and look for steady in- crease from now on. Business ia on better and iirmer foundation than it would be ln sudden furry.
 "The United States is going to be fayorabiy afgected by present condi- tlons in Europe For instance, Ger many vas producing from l2,0o0ooo to 15.00o0O0 tons of steel annually of which S.00O000 to 100Oo,OOo tons were for export As Germany can no longer produce that commodity and is out of Che market for exports, SO much larged demand will be made upon this country
 We ere on the eve of the turpins point in improvement in nli ofanenes of trade in America. Leglslation has Improved to such an extent snat capi- tai will have more confidence. So lar as we are concerned ot Bethlehem some time ago wo curtailed production and stopped oxpQnaion' now we are going ahead at almost full speed We are making extensions and expanding the plant in many directions.
 In reply to a question as to whether the Bethlehem Steel Company would require any new financing to take care of these extensions and expansion sIr. Schwab said: There will be no new financing. The cost wll be de- frayed out Of the earnings.
 "This is the first time ] have felt optimistic in regard to business con dluons in the United States in three years. and l have now a really decid- cd feeling that we are entering upon period of ereat expansion and broad development of commerce and ousi- ness"
 Mir. schwab said that he was the guest of the English government on board the Olympic at che time of Che Audacious disaster and as such he could not make any statement m re- gard to that calamity until the Brit ish government had issued state ment He said: "I was not obligated to secrecy but any situation on board the vessel and the courteous treat. ment accorded to me by all the ofu- cers made it incumbent on me to o0- ] serve secrecy until the British gov ernment had published tue fact.
 While he declined to make ana statement regarding the importance of his business abroad he would not deny that be had business with the British government Of the utmost lm portance. He said. "When J ieit the Olympic landed on the west shore ! of Ireland and had to make my way to Londonderry by automobile and se' to Belfast by train, where ] took steamer for Sleetwood and then on l1 1 Liverpool. The batueship we arc con slructing In Germany is for the Gree ! ian government and l do not lnias i that the construction is far enongn aa vanced to cause Che German govern ment to seize it.
 eAiy chief business in London wai ] in regard to the Qualifications in Chile which work Is being financed abroad.