Evening star., 1915-02-05
PLANS COMMITTEE
TO AID NEW BODY
Chamber of Commerce of U. S.
Would Advise With Federal
Trade Commission.
HOPE TO EQUAL COUNCIL
OF RESERVE BANK BOARD
Argentine Ambassador Advocates
Naturalization of Commerce
Between Americas.

wise and cooperate with the new red
eral trade commission soon to be ap'
pointed by the President.
A resolution brought in by the com,
nittee having new business in charge, OF
which Harry A. Wheeler OF Chicago
former president of the national cham
ber, is chairman, and which was adopted
by the convention, points out the masnl-
tude of the task confronting the federal
trade commission, which is to have con-
troll of the 10000 corporations of the
country, and committed the chamber, or
the suggestion of President Fahey, te
the establishment Of such cooperative
body of business men, to be known as the
committee on the federal trade commits.
sion
The resolution, which was read to thu
convention by Mr.. Wheeler, states tina
soon come to occupy in the public
mind position equal in Importance
to that occupied by the important ad
visory council of the federal reserve
board. 1t was stated that the mos
prominent business men of the Un1tet
States will be appointed on the com
mittee, and it was expected that Il
would hold frequent sessions in Wash
ington, to serve business and com
merce Of the country, as the ADVISORY
council of the reserve board serves
finance.
Argentine Ambassador Speaks.
The convention, which will hold It's
closirf, session this afternoon. tnis
morning listened to an address pS
Romulo s. Naon, the Argentine am
bassador, in which he advocated COM
plete naturalization of commerce De-
tween the Americas in ships OF all ma
tions He said in part:
ct seems to me that perhaps the way
to meet this serious inconvenience-the
getting of ships in sufficient numbers
would be to procure the complete neu-
tralization of inter-Amerlcan COM
merce. 1t Is undoubtedly not an easy
task at the present moment 70 soiVe
as we would desire all the dimcultles
encountered by the neutral commerce
of the world in view of the conh1ctine
interests of the belligerent countries.
But there could be no reason which
would justify opposition to the main
tenance, to the fullest extent and WITH
out any hindrance whatsoever, of com
mercial Interchange between the ports
of our continent. 4 maintain that the
complete naturalization of inter
American commerce ought TO pe
recognized. and therefore l enter
/ might say that I feel the GER
tainty, that we would be able to have
the countries at war agree with US III
establishing the rule that during the pres
ent war and forever no vessel engaged
exclusively in the trade between Ameri-
can ports shall be subject to search. de-
tention or capture by belligerent, nc
matter what flag she flies. SO long as
she is engaged exclusively in that COM
merce.
with such a rule we should be able
to obtain all the vessels We need for
the promotion of our commerce with
the United states and the other Ameri-
can republics to the maximum, develop
ing as a consequence our frienoIy rela-
tha sorrowful conditions created by
that war.
New Opportunity for South.
One of the most striking. addresses
delivered at the convention was pa
nor nv Arthur D. Little of Boston, in
which he declared that the application
to the lumber industry Of the south OF
one-tenth of the researc'. energy and
skill which are required to bring tne
coal tar chemical industries TO thelI
present proud pre-emlnence Wouio
result in the creation OF
Whole series of great interlocklng In
dustries each more profitable than
"'The south" he said, would be ir
position to dominate the paper na marSe1 x e.
natured alcohol by pipe line and tank
steamer. make thousands of tons day
of carbohydrate cattle feeds, reorgan.
ize and develop along new lines anc
to far better purpose Its languiShine
naval stores industry and find new op.
portunity at every hand.
Mr. Little discouraged attempts to de-
yelop the coal tar dye industry in this
country because of the pre-eminence OF
German products, and the position they
will reassume, he said. after the war
He declared that American capitalists
had failed to appreciate the value OF
research work which had given Ger
many Its coal tar products industry.
Desired by Business Men.
R C. Rhett. chairman Of the cham
ber's committee on trust legislation
presented a report. which he discussed
in the light of President Wilson:
speech night before last before the con
vention relating to the possibility O.
amending the trust laws SO that Amer
leans may combine" to obtain foreign
trade. The report outlined the amend
ments the big business men of tn,
country want made to the trust law.
so that they may compete with foreign
sellers. 1t stated. In part:
"In considering the points of opposi
tion which may arise to the plan fo]
amendment of the antitrust laws her.
enbodied your committee desires Il
Law emphasis on the purposes of thes,
laws which were fundamentally t,
nrOtect both the American consume,
and the independent American manufac
turer from possible oppression by tn,
laree combination or monopoly.
1T was not within these purposes
and it would not be sound and economi
caIIy advisable even from mora
standpoint, for this government to as
sumo to protect consumers and pro
ducers in other countries, where othe
! conditions prevail and where govern
ments exist with full power to act TO
the benefit of their own citizens. fron
any results, baleful or otherwise. O
business combination in the Unite
states. The sole grounds of opposi
| tion will arise from fear that throuel
| permission to combine for export trad
| some injury may result to America
consumers and the smaller America
manufacturers.
| Desired by Business Men.
| DIR. e. E. Pratt, chief Of the bureau :
foreign and domestic commerce, dc
lliyered an address on the recent wor
of that bureau. Other addresses to b
delivered this afternoon include a dis
cussion Of the subject of trade expan
/ TContinund an TweIFfh poOA