The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-02-27

"I 1911 /
o. million and a half Ions IN excess at
thc lowest record an oxccr In favor
OF the lowest poiu' of the last autumn
OF over 90 pcr cent.
~"In other words. if the tnrin were
hy any thonghtful person considered
To be- o. controlling factor IN the CON
diuon of the steel market. such q per
son so thinking must deal with the
fact that the lowest point of untitled
tonnage since the ucw mrin went into
/ effect was % million and q half toms
greater. or over 90 per cent greater
than % low point reached az 70 time
while tho old tariff was sin in FUN
force and effect
"a was quite IN, custom for those
who we're bred in the doctrine of i'm
durtrial fcnr and in a belief la Amer
Jean Incompetence 10 say that the re-
suit uf lowering the tnrin wall would
bp Co Hood our markets with the
products 81 what the, were pleased
90 can the 'paupcr labor Of Europe
The fact b. and has long been known
60 be- the fact by nl who ave given
the subject thoughtful attention. that
Cine labor cost per unit OF product OF
tho mighty paid labor Of America Is
often cheaper far than Is tho labor
cost per unit of the so-c1llcd cheap
labor of Europe. Instead of America
having TO dread the inroads OF for
cign steel into her markets. II il the
foreign competitors who have US to
fear. for 1t s We who have how the
strongest competing power and IL is
our competition hat e. dreaded In the
places where the great Industrial rival
nations meet
rs this was written q friend re-
Gently returned from Brazil came 60
ms dcslI and as I spoke 10 him OF
what o. was in my mind To- tell YOU
he snld J brought home with me
but q short time ago AN order Tor steel
from Brazil asgrcsatlng nearly two
and % half million dollars Hc is
going back there with thc deliberate
purpose of selling more American
steel in the face of the competition
OF Europe.
II was not strange that the serious
depression an over Europe as well rs
in South America should have been
slightly reflected upon ms in the lat
ter part OF last car II Is mo- sur
prlsing that careful men moved oau-
tiously Ia business matters pcndins
the necessary establishments from the
new tarin. ~ that they should have
hcsitated until the final form of the
currency bin was known u If not
strange either that men before com
hitting thomsclyca 10 new enterprises
should want To know the attitude of
the government toward legitimate
business enterprise or that ,hey should
rejoice when this attitude is known Go
Doe sympathetic and helpful to- all who
within the law aim to carry ON COM
mcrce In % normal and honorable way.
con the other hand. it Is not sur
prising that the srcat facts { have
outlined before you should De reflect
ed in reNiving courage ana energy as
business men ave come to know that
tho now tarin IL no destroyer; that the
currency bin Is helpful and strength
ening since IL removes the old dan
ger from our inflexibic currency
which for go long has been a threat
Co oar commerce. and that the gov
eminent Intends To- help and not "a
hinder tho able efforts OF legitimate
business. Il is not TRANCE that th'
surplus of idle freight ca.s should b,
decreasing or Ina mills should open
and furnace start in blast. Il is not
strange that "a scnator Just returned
from New Hampshire writes me. Feb
ruury 10.
An our wooden mills are running
FUN tame and business Is good
81 can hardly do better han Il
quote the words Of another American
manufacturer In a recent Statement
puhlished IN the Boston Transcript
Tho president Of the United state
Invested 60. snys.
ID The consensus b. that Americai
a manufacturers ON certain CLASSES %
goods Will be able To- hold their owl
"a ~aealrst an corners. especially h hes
n equipped mills, economically man
aged and %rurning out honest good
Of superior quality, style and fiinsi
II suitable Tor the American market
NOTICE