New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1914-08-09
Outlet Seen in Neutral
Nations, South Amer
lea and Orient.
MERCHANT MARINE TO
OPEN FOREIGN FIELD
Authoritative Publications Hold
Europe's War Will BENEFIT
Manufacturers Here.

DESPITE the temporary impedimeh's
to international trade, caused by the
European war, the feeling seems gen
eral among manufacturers and ousi-
ness interests that the present con,
Qestion in the export business VIII
soon be relieved. In the meantime, OK,
porters are beginning to look towaru
the Orient. South America and olner
neutral countries as outlets Tor &C
cumulating American products.
Several developments warrant an on
,iristic outlook for the future OF lor-
eion trade. Most promising are the
action Of the National City Bank toward
establishing here great international
clearing house, similar TO tha' OF
London. with a view to assisting eN-
porters and importers in their trade
operations. and the possibilities OF an
American marine after the snip reg
istrv bill passes the Senate.
Men familiar with international
trade and authoritative publications on
the subject predict that the war abroad
will prove an advantage TO American
manufacturer and will open up large
foreign markets. particularly IN ncu-
trail countries, if the opportunity is
promptly improved by the American
The export American Industries
tho official international organ OF the
National Association of Manufacturers
says: ,. ,,,s~-
fare. and especially conflict involving
the great powers of Europe, we can
not fail TO feel considerable reIlel, II
not satisfaction, that such war VIII
not work injury to this country. LOOK
ing the situation squarely IN the lace
we are forced TO the conclusion thaI
il will result to our very great au
vantage, both in the near future anu
permanently.
with the manufacturing countrle,S,
of Europe at war their industries VII,
he prostrate as the result OF hnanclai
stringency and the fact that large
part of their male population VIII pc
taken from the mills and shops ana
sent into the fields. These countries
will not be in a position to supply 'ne
normal demands of the neutral marx
Ct. Their manufacturers VIII Dc haIu
put to it to supply home needs SCUM
America furnishes promising helu
for American trade.
authorities who have MADE ciose
study OF Latin-American conditions 90
not hesitate to predict that those couh-
tries are about 70 enjoy marHeu ce-
velopment in the next two years IL -
hoped that the scandinavian countries
will not be involved in the war ana. II
they cannot buy their luXuries ana
necessities in Europe, they VIII natur,
ally turn to us. The same argument
applies to several other European I'd
lions that ere not directly cohcerhnteu
in the conflict. Running down 'ne
man we reach South Africa, when is
to-day a fertile field to the American
Il
products are also pre-
sented in the Far East and IN Austrdl-
asia Now is the time for American
anufa cturers to 90 after export trade
and 10 GO after il hard. Such war
&c most deplorable, but it shows no
mercenarv spirit to take full advantage
of an opportunity for American foreign
trade development that is actually pc
inc forced upon US. 1t is fairly SAFE
70 saw that no such chance VIII ever
present itself again
- William A. Marble, president Of the
=
tbat Internal trade conditions in this
country were considerably unsettled
on account of the European war, 5u;
that he believed they would readJust
themselves speedily as soon as some
dac isive event took place in the Euro
pean situation. ..,,- :;
This is particularly noticeable IN
the southern and southwestern sec
lions of the country" he said. buy
ers from these sections who are IN
New York have been ordered nome
without purchasing any goods. While
! am an optimist generally, ! am in
clined TO be bit pessimistic about tne
situation Just now. 1t looks as if 1t
was a time for curtailing all around.
Manufacturers will have to cut Gown
their supply, and that means men out
IF work unless conditions change soon.
At Al present a good many business men
are sitting tight, watching and wait
ing"