Evening star., 1915-01-01
REDFELD POINTS WAY 4
TO BRING PROSPERITY
Sends Encouraging Message 70 Ie4,
chants and Mamie a
facturerA
Floating q. g. Debt to Foreign Couaf
tries Now Paid in 0oods-NsO ]
Vistas for Trade ventureA !

TT you want prosperity ID your
share to bring Il, and do IL nowS 10
the New Year greeting OF Secretary
Redneld Of the Department Of Cons
merce to the merchants and manufac-
turers OF the country. Tho Secretary
believes the i'll effects Of the European
war on American enterprise arc pass
ing and the new vistas for commercial
ventures are opening with each new
day.
ing; 1t will cost you less today than
six months hence" Secretary Reddeld
advises.
Get those improvements begun. Prices
are low and likely to rise. You've been
thinking Of that contract work. better
start 1t yourself before things get the
start Of you.
United States Never Stops Growing.
This country slows down a bit now
and then, but It never stops growing,
and 1t always moves up and not down.
We don't know what 1t means in most
Of the United States to have real gen.
eral distress.
Think Of Belgium and Poland, 0
man with a Crouch, and stink into your
hole and pull 1t in after you. There
think Of your sins and your blessings.
and come out with your courage In
working order.
There are lots of good American ss-
San Francisco and Galveston and Chi
cago. Boston. Charleston. Baltimore
and Dayton and many others like
them? Remember Thomas A. Edison
and lots OF others of your fellow cit
liens who showed pluck when things
were hard.
Man With Crouch Lacks Nerve.
"Nothing's the matter with the man
with q crouch except an absence OF
heart and missing nerve. Cheer up.
60 to work. do your level best. quit
talking misery. The wars over yonder
not here. Men are slaughtered yon-
der-they are living here. It's all
clouds there-clear day here.
Get out and sell some goods Plant
some more acres; do more work than
you planned. Talk cheerful talk and
ty good place after all"
Experts of Secretary Redheld's de-
paYtment estimate that for December
alone the export excess VIII reach
tion the highest mark of the last two
years. complete reversal OF things
since August, when the monthly trade
balance OF the nation showed dencit
Of nearly $20.0o0.000 through excess OF
imports over exports.
War Caught q. s. Unprepared
The war caught the country unpre-
pared, in that tremendous import ex-
cess had been rolled up in the four
months preceding its outbreak.
With the August total included. Ameri-
can merchants were in debt to foreign
manufacturers and producers nearly $780,
100000 by these figures alone. Since
then. including the December estimate:
The floating debt of the United States
to foreign countries has been paid In
goods, Secretary Redneld has declared,
Of a day when the United States will
take her place as q creditor nation, no
longer borrower.
Merchant Marine Growing.
Since the war. also. los foreign-built
ships with a gross tonnage of 373.s4o
have come under the American flag.
Additions to this fleet are being made
every week. Already plans are afoot
to draw closer through commercial
bonds the Latin American countries.
Extension Of credit that. Mr. Redfeld
believes. must paSe the way toward
any expansion Of Commercial relations
with those countries.
omcials OF the Commerce Department
have been studying the problem since
the outbreak of the war. and now there
has been called q conference here be-
tween the financial ministers and great
bankers Of all American republics next
year. From that gathering is expected
to come practical suggestions to stimu-
late trade relations.