Brownsville herald. [volume] (Brownsville, Tex.) 1910-current, 1915-04-30

financial outlook and the condition of
our export trade has taken ON within
Ten months au entirely new significance.
\ new spirit has rome into our cnmmer
cIal life. 4 new sense ~ relationship to
others and of our power 10 help them
and of our ability To suppl, them
The SECRETARY sid thai there was too
much industrial inertia" when the nee
ic>>itr for broadening The foreign ont
look uf the country developed.
Training in nt. lonal inability had
done its work" he cnntineud. "and whom
the hour ~ opportunity struck. relative
IN few ~ a. were ready IN take the >tcr,
~ progress
Business men. hc said. however. were
awakening Ia the opportunity and accep
ting then necessity for efficient develop
mont. lie mentioned the establishment
uf american banks abroad aS 4 forward
step.
1T j. doubtless he r~nntinrud. .'tt
'%forctcll what the ultimate effects Of IN,
current war shall lee upon our
We know where we were before the wal
began a great growing competitor q
others who had many advantages over
uS. We know now where We are while
shc war goes on the one great indu>tri
nj and commercial country which - ~
peace and certain to remain 80. ThoS
things we know and We are glad thl
they are ~ One nf our great compcti
.nrS has been for eight months ont If lht
market. M one has suffered from ne,
competition during that period. Auothc'
and lesser competitor also has been eN
rlufla.I tbfpI upa4f .a4prut tInr hra
been ~ intensely coupled ia the Strug
glc ~ ~ b. unable ~ sustain IA hiehcS
pi,ch in other fields The commercial cn
tcrprisc> which have made her erea,
and a fourth. having much Of her indus
trial territory occupied hN hostile troop
= IN a measure crippled thereby 40 TIL
foreign GRADE.
two factors will affect America "a,
'orahly in the coming DAYS. One i the
loss of good will by her competitors
through enforced rh>encc Of business.
The other j. the injury To her comInsi
tors through broken Or suspended q,
glniZatiun. This j. not all. The or.
ganization ia manv eases has heenn not
only broken or suspended but he units
which composed il have been slain. Bad
a. are the loss ~ the good will and lis.
.ruption ~ business, far worse j. the loss
.of the skilled hand aud the trained mind.
."Wh9t he effect of al these conditions
upon American International trade i ia
hc cannot bc limited or defend. bu; il
would seem plain THAI our resources are
nndiminiShrl. our capital secure. our Ia
Dor safe. that We are saving where 9th
.crS are losing. that We are living where
Others are dying. that with uS the path
i upward. and with them il j. in a large
measure downward. IT j. certain that
one rr>nli will ~ onr wi greater indus
triul Independence.
1t GEMS clear to me that IL we do our
part W shall change our place among
the grea! competitors. The world j. ncv.
or The economic gamer IN the last analy.
SIS IN war. The losses must bp absorbed
and We must Do our share IT the abarh-
ing. but in the process q absorption
places relative To one another NAV be
exchanged. No one. 7 thin0 would be
surprised IA find the Tnited( >tateS sec
ond in the worlds compctiit IN. nor il
The war shall long continue. BE aston
lshed to find her first. III We an willing
to lay aside passion and projidice, to