Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1915-01-21
American Commerce Is Being
Held Up at Moment When
Opportunity Is Knocking
Most Loudly
ONLY GREAT NEUTRAL
NATION. SECRETARY SAYS
Rest Of World Looks Here for
Supplies and Merchantmen
Cannot Be Had at Reason
able Rates,

WIN ifhAAAkA
lsv nesmse souWsst psse,Al leAaep wesi
Louisville, ky. Jan a0.~--,if tho
facts We're fully known, public opin-
ION would insist upon drastic action
which would prevent recurrence Of
the arbitrary series OF hold .ups aud
eNactinns of which our foreign COM
merce ID today too much the unwill-
inr NetlmN William G. Redfleld, arc.
rotary of commerce. said IN an ud-
dress tonight before tho louisville
TRANSFORMATION club.
III is shocking OF this time, when
the door OF opportunity opens 40 wide.
~ before ua,' Mr.. Redfleld said. dis
russlng the subject Of European MUIR
kcts. TO have our ocean shipping ia
cilities on which the ffce movement
OF our foreign commerce depends so
FULLY IN the hands OF aliens who do
not hesitate TO exact their pound of
flosh.
STORES Foreign ship Owners.
'rhe cynical disregard that tor-
cign steamship companies show for
their contracts and for the intoreats
of American commerce NJ large ia to
make the attitude of a robher baron
loom respectable Wonderful ~ tho
growth OF our foreign commerce IN
these recent mouths Il IL hut q small
part Of that which II would be II our
commerce were not being throttlad az
ita source by tho cxRctlnnn nf toreisn-
owned steamship companies
III specifications are called for they
VIII be found In the correspondence
which, before leaving Waahlngton. /
placed In tho hands Of the eecretnry
of the treasury, 20 hc transmitted hy
him IN his name and my own. 10 thv
senate az our RESPONSE To tho ruaoiua
tlnii Of that body calling upon uA Tor
Information respecting tho advance IN
occnn Freight rates
Depiorcs Lack of Vision.
Mr.. iiedfleld doplnred the lack or
vision IN The United States, which
fails 10 Hee the opportunity of tho
hour and again revertlnR 20 ocean
rates said he knew Of but one way
20 solve the problem If American com.
morce N not 10 ldHe lte present 0p-
portunity. "and TINT III for the Rovarns
mont tu purchase or charter vee-
sells about whose neutrality there eAn
ho no question, iu reduce the exac-
Tons now Imposed upon ua."
I'VE aro one Of the three big mar
kctu Of tho world.' Mr.. Redfirld sail.
preceding HIS declaration In relation
20 whit he termed the "exaction 0f
foreign ship ownefA' These three
are Great Britain. Germany and tho
United States. OF course. In agHre-
gate buHinesa, domestic and foreign
taken together We already exceed the
oihers' probably equal them bothi but
w the international competition we
"A f...a
termahN a CLOSE rhce for second piaae.
We hive don0 this against mang dis
advantages, some ut home, more
hbr0d l. Not many uf our Industries
nave been prepared TO 10 export
trade.
Where Foreigners Had nesi nf rs.
"Ihere have been lacking here in~
formation ana organization and ap-
preelattau on the opposite site. with
our competitors. aii these forces ax-
isted IN yiROr and In addition they
lohficd vast sums tn the countries
with whom they sought 10 denl ana
naturally drew great eommorcial re-
lntlonH, as well 40 interest, back. They
have controlled public itiliiian. many
private enterprises, most bnnIta, and
We have had 10 nuke our way by tho
sheer force Of unorRnnlzed private
effort md good quality against tho
highly organized, we'll financed. sci
rntificnlly developed commercial STRAIT
cey of our competitors. The SUCCESS
we hnYe won In this seemingly un-
equal eonhnt should hiring pride 10
every American heart aud inspire
courage ana enterprise IN every busl-
ness man.
iiuiIt up Big business.
'Ai The very time when there has
been q cult In this country teaching
our inability ~ compete abroad we
nave been 10 competing In greater
volume and on a wider scale until we
hhvo built un a growing business in
foreign lands This has been wholly
good
'noday the foreign trade Is lit
nrAl dndsaud Co America We have
been, and "a some degree still are. a
lohtor people. We borrowed from
nc great centcrs OF finance abroad
mn. some say We have accumulated
! debt of perhaps 100000. .000 due ia
We have paid Ii all and
! credit has replaced Ii 10 such 81
'Ntent thai Il seems az II gold had
leRun 60 flow this way.
iiciIiQercnts Iu0ls TO Us.
THIS Is al very we'll, but 10 US Of
peculiar Importance now. Look out
y the world from YOUR quiet uniia-
urbrd homes ana offices here. How
many great Industrial and financial
powers are there % whom the world
AN turn for loans or goods tnday7
on would not 20 Ia the belligerenis,
They themselves are looking TO us for
Industrial assistance and 70 some de
groe they seek financial credits Bur
urn aside ana lcok al the neutral ns-
ions. Where could yen look if a. Nor
'hant in china or Denmark or South
Nirica, placed AN order that required
our or ak months TO Gill with reason
lbe certainty ~ having 1t filled with
'ut interfuptlon7 Think over the Ill
iustria. powers of the world ard say
Who could certainly ill such an order
Perhaps you Will zax 1taix &4aas IL