Sioux County pioneer. (Fort Yates, Sioux County, N.D.) 1914-1929, 1915-01-29
NATION CONVINCED eY EURO.
PEAN WAR THAT COMMERCE
ABROAD Is VITAL ELE.
MENT IN PROSPERITY.
ALL ELEMENTS UNITE IN
PATRIOTIC COOPERATION
James A. Farrell, Steel Corporation
Head, at Foreign Trade conven-
ton In st. Louis, Tells Of Ad.
vantage Brought by War
-Redtield Speaks.


the European war did more than 10
years Of academic discussion to con-
vince Americans that foreign trade 10
y vital element in prosperity. No doubt
remains that the nation is determined
to see its foreign commerce safeguard
ed and increased. Differences Of opin.
ion relate only to method"
This statement was made by James
A. Farrell, president of the United
States Steel corporation, at banquet
Of the foreign trade convention here.
All Elements United.
"All elements are united in patriotic
cooperation for the common end" MT.
Farrell said.
What advantage the European war
brings us depends largely upon
changes in industrial trade relations
that cannot be forecast. Meanwhile,
the interests Of the United States are
Sufficient to warrant proper respect
for neutral commerce and the United
States will, in maintaining its trade at
rs high level as just regard for
helligerent Interests permits, serve the
larger and permanent interests Of
those not engaged In hostilities.
whatever may be the political out
come OF the European war it is appar-
ent that each OF the oelligereots will
find it essential vigorously to recover
its foreign trade, to repair the rayages
OF its domestic commerce, to provide
labor to soldiers returned to peaceful
pursuits and to a1neliorate the burden
Of taxation.
TO Exploit U. S. Products.
Diplomacy OF the future as OF the
past, viii be Intimately concerned with
commercial aggrandizement. 1t is
therefore. of vital consequence to
Americas future that advantage be
taken OF the present opportunity TO sx-
plot the products OF American 1nven'
rion and establish g firm fcothold in
the markets OF the world. which Meth
er political effort, tariff discrimination
nor low prices successfully can assail
Under the shipping registry ove,
400 vessels have been transferred TX
American registry Some of the oner
Gus restrictions OF the navigation laws
were suspended by executive order. I,
should he remembered that this mott
ficRtinn Is not repeal of existing navi
cation laws, hut merely suspension
While there may be differences of opin
ion as to the proper policy of up.builh
ing the merchant marine, 1T appears u
be generally recognized that rs lnni
| as these restrictions are not legisla
t lively repealed. the possibility of al
enlarged American merchant marini
competing successfully with the shin
of other nations in time Of peace viii
be matter Of slow growth"
4 Secretary Of Commerce Redfield de
parted from hts prepared speech q
the convention TO impress On hts aud
iitnrs the great opportunities TOR 70,
eign trade tina, the war has brnugh
American business msn. He said:
4 "A manufacturer expecting TO ents
the South American market irecsntr
told me that as preliminary he invas
tigated the conditions pf hts cnmpet
Il tors in Europe and found that 1t woul
take them -four wears TO recover trnr
the effects of the war, by which tim
he hoped To he 30 santranched that hi
4 product could not be dtslndged."