New Britain herald., 1915-12-11
ENCOURAGE FOREIGN
 TRADE, SAYS CLEWS.
Door Of Opportunity Opened Wider Now for American Enterprise
Especial to the Herald. )

New York, Dec. Il, 1915.-After
 nine months of adjournment coneress
 has reopened, facing many new and
 serious problems. As vet its temper l has not been fully manifested. and i it. IS too early to decide whether it VIII prove conservative body or an 1 exc1table one. Should it show a dis 1 position to conservative action, as l seems most probable, the present busi- ness revival, may continue un- 1 checked while should it display dis i turbing tendencies the reverse would promptly happen.
 Preparedness and revenue are evi- dently to be the controlling issues Roth of these are sequences of the war, and nearly all other problems are largely connected with or affected by this European crisis President Wilson's message met with general approval, though not arousing any special enthusiasm except when he touched the cause of patriotism. His discussion on preparedness seems to
 have been listened to with intense in- terest, and the problem which he
 thus ranked first will undoubtedly be l a subject of prolonged and strenuous debate. Of course preparedness means increased public expenses, and whether these will be met by bond issues or increased taxes is not yet divulged. The pay-as-you-go method or taxes, is the wisest and will act as a wholesome restraint
 Tariff and Shipping.
 Tariff and shipping are scheduled to come in for serious attention, and there are no chances of serious dis turbance in these problems. Intrin- sically there is really nothing in dom estic political affairs that need
 cause anxiety if the people and it's representatives only manage to keep cool. Grave questions of an interna- tional character are in process of so- lution and at any time others may arise, that calnness and justice be- come the first duty of all who are in legislative or government control. Fortunately President Wilson is ex- ceptionally strong in judicial qualities, and as for his neutrality that has al- ready proved strong enough to involve him in heated discussion from both sides; than which no better evidence can be found of it's reality. Our rela- tions with all the belligerents con- tinue to be of most delicate nature; and it is to be sincerely desired that congress will neither embarrass President Wilson nor Secretary Lan- sing in their diplomatic course, which has thus far been conspicuously firm, patient, sound and neutral.
 Great interest is now being mani fested in our foreign trade. The rvotable convention of prominent American manufacturers and mer- chants interested in export trade held l in this city this week is to be followed 1 by similar conventions in other cities ] of the United States. This is a most l welcome and necessary movement and | should be encouraged by all broad 1 minded and intelligent business men.
 When this war is over and conditions begin to settle down once more to the normal, the necessity of foreign out let for our surplus manufactures will become more and more imperative. Respecting outsets for our war ma- terials we need feel no concern since there will be a good foreign demand for all that we can spare. But for our manufactured surplus the question will be totally different and before very long the United States with it's tremendous industrial development will feel the urgency of expansion as never before. Unless it is satisfied, de- pression and industrial disturbance will inevitably follow. Happily the door of opportunity has been opened wider than ever to American enter prise by the unfortunate but tempor- ary crippling of foreign manufactur- CTS. Our leading financiers, mer- chants and manufacturers are already working upon intelligent and far sighted lines, the results of which | will be new fields of employment for beth American capital and American labor. By all means let the good ! work go on.
 Domestic Steel Industry.
 Our domestic steel industry con- tinues on the rush. Many establish ments have orders on hand that will absorb their full output until July, , 1916. Production in many lines IS surpassing all records and a number of large concerns have already an
 The stock market continues more or less unsettled by Arrangements growing out of the war. Home con- ditionS remain exceedingly satisfac- tory, and trade revival continues un- checked. Western business is in ex- cellent condition because of good harvest and cheap money, while in most sections business is back to nor nal, being in some instance even better than normal, The cases of unusual activity are confined chiefly to the iron and steel regions as well as to cities where the making Of mu- nitions has become of unusual inn portance. The feverishness arising from these causes is spotty and not general. Trade as a whole in Voi- ume is not largely in excess of last