The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1915-12-17
CONGRESS- URGED
TO Protect THE
MANUFACTURERS
Redfield recommend That
Legislation be Enacted
Which Will Prevent De-
structive Struggle.

NNshinAtoNt Dec. -LeAihtNtlNN
10 project the Industrial In CONNER
cial maykets Of the United states rom
|a obstructive type OF struggle and.
unfair competition at he close OF
the European war. b. recommended
To- ongre by Secretary Redheld in
his annual report. Every stratage u
OF Industrial war, he says. will be
used by powerful foreign agencies
against American industries which
may ena large markets heretofore
controlled abroad.
To prevent 'iuafalr competition
the secretary sgssesied that the ma
chinery OF the department OF justice
and %reasurV be tscd ana hat Cou-
grcss supplement existing laws 10 give
the federal government adequate
means to protect American markets..
is ms JUDGMENT. seid the sccrc-
;ary, I'M matter l. one which may
be more wisely treated as an attempts
ed wrong TO be forbidden than as an
economic matter which needs TO be
restrained. l should prefer. there
fore. to deai with IL By O. method other
than tariffs. chasing u as an onense
similar to the unfair domestic compe-
titlon we now forbid. II seems pos
sibie that By using the existing ma
chinery OF the treasury department.
MD department Of tus zee we mas rc-.
susln this foreign unfair cumpeti-
ton on both sides OF he sea.
II recommend. therefore. tha; sueh
legislation be enacted as win give To
the foreign representatives of the
above-namcd departments such added
powers aud increased personnel as
they may need for this purpose, and
that II le enacted II possible chat mor-
chan0ize sold Ia unfair competition
or under circumstances which tend
To Crvaiv a no cpoly In bchr.f T the
foreign producer IN American markets
shuh be forfeited.
Il aisc recommend That legislation
supplemental 20 the Ciaytol antitrust
act be cTacted which shah muks II.
unlawful to sell or purchase ARTICLES.
o. foreign origin or manufacture
where the prices TO be paid are ma
terlally below the current rates for
such articles IN the country OF pro-
duction ,r from which shipment Is.
made, Ia case such pricea subsian-
TALLY lessen competition on the part
OF the American producers or tent a.
cTepte a monopoly in American 1rr-
keis II FAVOR OF the foreign producer
rat g. be made unlawful Tor nny.
person tc buy, sell, or contract for
the sale OF articles o. foreign orlsiu.
or To fix "a price for same or 10 make
q fc.ute upon such pgice. conditioned
upon he purchaser .icreof nCt us..s
81 deaiu.g IN wares iioduced nr sJli
b. the competitors Of the manufac-
turer Or seller. wnere the effect E sub
49, H. b. H.M-. 49,. d.. HH.
.. 0ductiou in the United Stajes of
such articles, or tends to crente =
r,Ort poly in the sale of such articles
Ia American markets ia favor " "a
foreign producer.
Unfair competition is forbidden
by law in domestic trade, and the
federal trade commission exists TO de-
termBe the facts and take steps 20.
abate the oyil wherever found. Tine.
door. however. h. still open Co unfair
competition from abroad which may
seriously aHcct American industries
for the worse. Il D. not normal CONE
petition OF which / spcaS. but ABB
normal. IL b. a destructive lpe 90
the Industrial struggle. intended 90
put out Of being the forces opposed Co
II 3hat the victor may exploit the field
al Will Nf INV NiNlAN ANNN NAf .N'N
those OF legitimate commerce. but
those Of commercial oncnsc. The.
aim not at development, bus az col-
quest.
when tho war shall close. the
public control OF railways ia foreign
lands. the ~seml-onlcial chambers ui
commerce. the publicly lostered or
CARNATIONS which control great indus
t-nm. . ... a..N.HYF.a Ha.#UH III s.N#af
ana will an be used iu an effort Go
recover lost commerce. The growth
IN the United industries which may
menace large markets heretofore con-
trolled from abroad VIII not Dee per
United II public and s~enlpuhlic forces
acting together la foreign countries
can prevent g. The outreach of
! American iuGusiries, nay their verj
existence la our own land IN some
eases. will De resisted 20 the full and
every stratagcm of industrial wal viii
be- eNertcl against them. EXpcctiug
this. W. must prepare for o. 10 30
shall pass beyond ulr competition and
mower over ans part of ouT commerce.
we ought To prevent lt'
Cooperation Of business concerns 10
/ NNANNEM 81 NAf NN sAHN""N'N NN NNNN AAhHH
admission of the sna.is. ;sa3,aa,.,
into that field OF activity,
THE present law plays into the
hands Of the larger concerns a1d
shuts out small mes from important
markets the secretary said. "Pro-
vision should bee made whereby suei
concerns may. with a safeguard
against monopoly Cooperate ip the
foreign field. 10 refuse this for feat
Of monopoly Is 90 say that tno large
concerns shall alone hold the lucrative
foreign markets and that the FAR iurs.
or number uf smaller houses shall Doe
shut out. The whole matter shout
be placed under the supervision of the
federal trade commission ana should
DO subject 20 fun publicity. o. b. mot
intended that this cooperation shall
extend into the domestic field"
Mr. Redneid expressed the hope
that American banks be- permitted g.,
cooperate. under the supervision OF
the federal reserve board, in estab.
llishlHr foreign brnnches or in own
ling stocks oil banks operating In for.
eiRn countries.