Askov American. [volume] (Askov, Pine County, Minn.) 1914-current, 1915-01-28
NATION CONVINCED nv EURO.
PEAN WAR THAT COMMERCE
ABROAD IS VITAL ELE.
MgNT IN PROSPERITY.
AL ELEMENTS UNITE I'M
PATRIOTIC COOPERATION
James A. Farrell, Steel Corporation
Head, at Foreign Trade cenvsn.
ton In ct. Louis, Tells of Ad-
vantage Brought by War
--F7sdfieid Speaks.

81. Louis, Jan. 23.--~'One week OF
the European war did more than 10
years OF academic discussion to con.
vince Americans that foreign trade Ii
q vital element In prosperity. No doubt
remains that the nation Is determined
20 see Its foreign commerce safeguard.
ed and increased. Differences OF opin.
lon relate only TO method =
This statement was made by James
A, Farrell. president Of the United
States Steel corporation, ut q banansf
OF the foreign trade convention here.
All Elsmsnts United.
All elements are united In patriotic
cooperation for the common end" Mr..
Farrell said.
What advantage the European war
brings ts depends largely upon
changes Ii industrial trade relations
that cannot be forecast. Meanwhile.
the interests OF the United States are
sutiicient to warrant a proper respect
FOR neutral CONNER and the United
States will, In maintaining Its trade at
a. high level as a Just regard for
belligerent interests permits. serve the
larger ana permanent interests Of
those not engaged In hostilities,
Whatever may be the political out
como OF the European war IL ig appar.
ent that each of the belligerents will
find 1t essential vigorously to recover
It's foreign trade, to repair the rayages
Of its domestic commerce. to provide
labor 10 soldiers returned to peaceful
pursuits and to ameltorate the burden
Of taxation.
To Exploit U. 8. Products.
Diplomacy OF the future. as OF the
past. will be intimately concerned with
commercial ACKNOWLEDGMENT, IL In,
therefore, Of vital consequence to
Americas future that advantage be
taken Of the present opportunity to ex.
plot the products OF American lnven.
tion and establish a Arm foothold In
the markets of the world, which Meth
er political effort, tarlff discrimination.
nor low prices successfully can assail.
Under the shipping registry over
100 vessels have been transferred 70
American registry. Some OF the oneTs
Gus restrictions OF the navigation laws
were suspended By executive order. IL
should be remembered that this noti.
acatlon Is not repeal OF existing navi.
cation laws, but merely d suspension.
While there may be differences Of opin.
ion as TO the proper policy OF un-huild.
ing the merchant marine, II appears 10
be generally recognized that as Ions
az these restrictions are not legisla.
lively repealed. the possibility Of m
enlarged American merchant marine
competing successfully with the ships
oil other nations In time Of peace VIII
be matter of slow growth"
Secretary of Commerce Redfield de
parted from his prepared apeeoh I'll
the convention 10 Impress ON his aus
itors the great opportunities for for
eign trade that the war has brought
American business men. He said
"A manufactured expecting To enter
the South American market recently
told me that az preliminary he inves
tigated the conditions Of his competi
tors In Europe and found that II would
take them four Years to recover from
the effects of the war, by which time
he hoped to be so entrenched that his
product could not be dislodged.r