Amarillo daily news. [volume] (Amarillo, Tex.) 19??-current, 1915-12-08
MANUFACTInEIts' HEAD WARNS
1. ). BUSINESS MEN 10 m
MORE LENlEN1.
POINTS TO ITS DANCER
Gonzales Tells Trade Conference
That Assistance Rendered
Other Countries H. liii,-
ines~ Proposition.

by N.oDalrd Prose-
NEW YORK. Dec s. Gonzales
banking advisor of the National As
socIat.on ol Manufacture address
mg thc international Trade Confer
enco here TODAY. warmed American
business men hat thcy we're sowing
the seed. ol possible disaster ln eN-
acting too harsh terms from the
present necessities of European Gus
toners
Mr. Gonzales urged the coopera-
Ton OF shipping interests merchants.
bankers investors and mauuiaciur-
ers 90 arrange for uu adequate and
fair credit system tor foreign buy
ers so as 90 avert the growth OF hos.
tilIty and m-win which threatens to
! react dislstrously 20 the United
States after the war ends
"Piling mp money profits be
said "ai thc time when the entire
aorld is suffering may moan IN the
ond 900 increased amount ol wealth
10 the country. but it cannot and
will not bus any good will nor make
| sny lasting connection ior the fu-
turc unless % viii help others ont Of
their troubles as we'll
This assistance rendered 90 9TH
ef countries. however platonically o.
mas look. is only business propo-
altion after all. and does not have
/ 90 take the form oi loans nor henev-
oleut subscriptions 10 AID the needy.
but simply and purely the aiiording
OF commercial and financial credit
/ for commercial and financial pur-
poses
Mr. Gonzales declared thai one OF
the most urgent needs OF the inter-
national world al the present timo
was the establishment OF new
, clearing center 20 take the place
which the war mas forced London o.
vao1tc iic .psia'ad oot ihni Nov
York was tlS iog.ca snd ine ha''a
successor TO the British metropolis
as the worlds moncy center A. tho
same timc he said that America was
not "suatchur the position from the
former financial capital of the
gorld." but was compelled Co take
London place 10 save other nation.
aud her own trade.
Returning 20 the question of the
treatment OF foreign customers Mr.
I Gonzales said
"Thc diversion of tho European
industries 90 jhc manufacture ol
deadly weapons. the disahlcment oI
The financial machinery available toi
foreign trade oi the countries ai
/ war and oven the cali 10 thc front
o. many OF the ablost business men
has caused quasi.paralylitiou oI
rheir export trade. leaving the world
| Boo our hands aud al our mercy
What have $50 done 10 take care
of that world thus thrown Co us'
! with fcv exceptions wc have on
forced th cmoH rIeid cond tious OF
/ payment cash in N'N York agains'
shipping papers whom not o flat an'
nwolcomc demand Tor money in al
vance. But this. while ii has hrongN
ms the money and our Golfer are
ncarl, congcs'od has made a'
friends for us. Nauy foreign rus
toners who have had 20 conform
with Our cXigcncics have gone hons
With vengeance iu thc,r hearts an'
determined % go h1.l 20 Europe cd
soon as Europe Us ON its feet again
We havc been reinforcing the iu
,ure trade of Europe against ot
own while We have been dcceivinl
ourselves with swollen figures fo
'hc present
Mr. Gonzales proposed as par
t.al remedy 'he establishment of
systcm OF credit OF not less thal
ninety days or moro than SIS month
10 bc extended to reliable merchant
IN all countries
Mould Rc,i.r Treatic~.