New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-05-29
Steel Concern Head Urges
Warships and Peace for
Nations Success.
BACKS UP PRESIDENT
ON MERCHANT MARINE
Neutrality Policy Must BE Main
tanned, lie Says Sees Pros
perity Era on Way.


American iron and Steel Institute
opened yesterday at the Waldorf vith
an optimistic speech on business CON
ditions by Judge Gary, chairman OF
the United States steel CorporatIon'
end closed last night with the annual
dinner. attended by 800 Of the most
prominent steel manufacturers OF the
country and their guests Judge Garys
speech was tie feature Of the meeting
and met with favorable comment gen
orally among the steel men
James II. lIoyt, counsel Tor the steer
Corporation a; Cleveland. strongly
criticised the unpreparedness OF me
army ana navy IN the present crlsls IN
.peakirg at ;he dinner last night. lie
also said that the two men he held
mos. responsible for the better DAYS
coming were Judge Gary and eN-Fresi-
dent Taft. "thc best Prcsldcnt we nave
mad since Washington
Judge Gary at the opening Of the
meeting impressed upon the 900 mem
hers Of the institute the fact That the
nited States must cont lEue its atti-
tudc OF ueutI ality. that It's navy must
be improved and that the clouds OF sus-
picion and hostility were breaking.
There recently has been manifest
ed" he said. "a disposition 20 blame
the business men Of the country lor
not protesting against influences whlch
were calculated TO prevent the progress
Of economic effort But the business
man has not been alone In his seeming
cowardice. There are others responsi-
bic for the general conditions VINO
Rave been reluctant 20 express thelr
real convictions.
But there has been decided change
for better business metnodi, and
therefore. in the attitude Of the gen
eral public toward the men IN charge
Of business But in the last ten years
the back Of business has been near the
breaking point with unnecessary bur
dens. There has been an admonition
against rocking the boat and we APP
prove Of the sentiment. bat business
men have not been rocking the boat
Mr.. Gary intimated that the govern
ment should encourage business enter
prise. He then discussed the question
Of at.Onal defence.
I'VE are deficient IN maintaining our
army and navy. We have an effective
navy. but il should be better one
equal. at least, in every respect 10 that
Of any other nation. SO far as the
army IS concerned. a large force Of re-
serves. properly trained. with adequate
supplies for use in times Of emergency,
would probably be sufficient.
After the troubles growing out Of
the European war there Will be 4 gem
oral struggle for export business. Our
exports should increase materially and
large numbers Of ships flying the
American flag should be placed in scr
vice. We must not remain In posi-
ton which permits the navy Of any
other individual country to dominate
the seas"
The speaker continued that the
United States should never provoke
controversy nor act from selfish mo.
lives But without an adequate navy,
he pointed out. We might expect to be
sneered at. but the olive branch must
be extended in front SO long as posi-
bic.
IF we conduc, our affairs properly
and make the most o. our opportuni-
ties We shall become stronger and
richer. and shall be able TO take our
place in the van Of nations, and we
might become the leading one in
finance. commerce and industry"
After praising President Wilson for
his attitude OF neutrality. Mr.. Gary
said that this must be maintained.
1T seems 10 me- he concluded. that
now the outlook for improvement in
our lines OF activity is better than it
has been for more than year. for the
individual or nation that conforms 10
the Golden Rule will. or the average.
obtain the highest pecunary success.
THE clouds Of distress. suspicion
and hostility are breaking. In the rift
We may see the sunlight OF better con
ditions"
Other papers read at the morning
session were Blast Furnace Advance
ment.' by Andrew T.. Maccoun of the
Carnegie Steel COMPANY. and "Mer-
chant Rolling Mills" BIZ Jerome K.
George. Of the Morgan Construction
Company, Of Worcester. Mass. Three
members gave papers at the afternoon
session, Edward F. Kennev. Of the Cam
bria Steel Company. on The CONNER
cial Production OF Sound and Homo
geneous Steel; Charles J. Bacon. OF
the Illinois Steel Company. on Waste
Heat Boilers" and Daniel ". Buck. of
the American Sheet and Tin Plate Com
psny. Of Pittsburgh, on Recent Prog
rezs in Corrosion Resistance"
Nv NptdhtIo d kUt ulUNeI. besides
James II. Hoyt, were ". A. Stanton.
Willis L. King. vice president of the
Jones & Laughlin Steel Company. of
Pittsburgh; James G. Butler. jr.. of
Youngstown. Ohio. and Charles ".
Schwab. DR.. Lloyd Noland read pa
per. with steriopticon views. on the
welfare work Of the Tennessee Coal
and Iron Company
Referring TO the army and navy. Mr.
Hoyt said:
81 have no use for an army and navy
for aggression. but ! have every use
for them for defence. Both our army
and navy are in a lament able coudi-
ton. The opinion of the Secretary of
the Navy, so glowingly expressed May
:. has now been taken back. We have
40 purpose Of attacking any other
country. but We ought TO have an army
large enough 70 defend the United
States in case of attack"