New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1915-01-22
WAR OPENS TRADE
OF WORLD TO U.S.
People Know Now II Is
Vital to Prosperity, Says
J. a. Farrell.
MARKETS MUST BE
TAKEN OVER AT ONCE
Test of Sherman Law To Be
Made Discussions at Foreign
Trade Convention Show.

s.. Louis. Jan. Gone week OF the
European war did more than ten years
Of academic discussion 20 convince the
American people that foreign trade -
a vital element in domestic prosperity.
No doubt remains tsat the nation IS
determined 20 see It's foreign commerce
ssfeguarded and increased. Differences
OF opinion relate only 20 method. All
parties and all elements are united m
patriotic cooperation for the common
end
This statement was made tonight by
James a Farrell, president OF the
United States Steel Corporation, IN an
address 81 the dinner 20 delegates 70
the Foreign Trade Convention, IN SEES
sion here.
"What advantage or disadvantage the
European war viii bring as depends
largely upon changes in industrial trade
relations that cannot be forecast. SAID
Mr.. Farrell Meanwhile the interests
OF the United states are SUFFICIENT 20
warrant q proper respect for neutral
commerce. and the United States Will
IL maintaining its trade at as high
level IS a Just regard for belhgerent
interests permits, serve the larger ana
permanent interests o. those not en-
gagged in hosulites.
"Whstever may be the political out
come Of the European war, It IS appar-
ent that each OF the belligerents WILL
find Il essential vigorously 70 pursue
It's foreign trade, 20 repair the raVages
o. its domestic commerce, 10 proNlHe
labor 20 soldiers returned 20 peaceiul
pursuits and 20 ameliorate the burden
Of taxation.
Get into Markets Now.
Diplomacy % the'future, az % the
past. viii be intimately concerned with
commercial aCgranGIzement, anG II IS
OF vital consequence TO Americas tut
ure position that advantage be taseh
Of the present opportunity 10 eNpiolt
the products Of American invention ana
10 establish q firm foothold IN the mar
kets OF the world. which neither po!lu-
cal effort. tariff discrimination nor 20"
prices successfully can assaL
81 ndor the operation OF the snip
ping registry act over one hundred yes
sells have been transferred 10 american
roqistrv. Some Of the oncrOus restrlc-
tions Of the navigation laws were sus,
pended hv executive order. IL snouId
no remembered that this modification
is not a repeal Of existing Navigation
laws. but merely a suspension. Nhile
there may be differences OF opinion as
20 the proper policy Of upbuildlng the
merchant marine, 10 appears 70 re gen
erslly recognized that as long as these
restrictions are not legislstlvely re
pesled the possibility Of an enlarged
American merchant marine competing
successfully with the ships OF otner
nations In time Of peace VIII be mat
.er Of slow growth.
Too little weight IS given the fact
that the war. which FOR the time belng
eliminated half of Europe as q source
of SUNNY. Likewise curtalls Europe
consunption of South American prod
nets. South American purchasing
mower eventually VIII improve with
INCREASED exports and imports, but
American manufacturers and mer-
chants. embarking for the first time
in foreign trade. should be prepared 10
exercise patience and persistence IN
their Efforts
Professor J. ". jerks, Of Cornell
University, in an address a. the uih-
ner. said:
"Thc war has opened up opportunl-
ties and should stimulate the magma
ton Of the American business man as
nothing else has done for years. Inc
openinc up Of foreign markets iur-
rishes an opportunity for the broaden
inc % our outlook, o. our sympalh!
with the people Of other nations.
Looking TO L. s., says Redheld.
Secretary Redfeld Of the Commerce
Department departed from his pre-
psred speech al the convention to-day
90 innress on his auditors the great
communities for foreign trade thai
the war has brought American busl-
ness men He said:
81 wish ] could print the language
% the dispatches that come 70 the
Department Of Commerce. u is SIN
cuiar thing TO have the foreign MIN
ister Of a nation wire his ambassador
M Washington that they desire US 10
take the place Europe has held IN their
trade, and yet twice nave sucn M
sages recently come. either through
ambassadors or direct
IL became evident during the dl sous
slons that an effort soon would be
made 20 determine whether the Sher-
man antitrust law prohibits comDlna-
lion bv American manufacturers ana
merchants for the purpose OF sendihg
arents 20 foreign countries. Conhlcting
opinions on the subject were attrlo-
MED 10 eN-Attoruey General WlekeIs-
nam hy John u. Ryan, president OF the
Amalgamated Copper Company, and H.
= skinner. uresden, OF a lumber com
pany in Washington.
Wickersham. He Says.
Mr. RYAN quoted IAN Attorney Gen
.rafv 10 the effect that manufacturer
mo sent a Joint agent abroad would
do 80 in violation Of the federal anti
tryst law. skinner then introduced a
letter written TO him in 1912 by At
+,rnev General Wickersham, when,
skinner said. was an opinion that we
con act in concert in export trade
Ir view Of this opinion. Mr. SklhHei
- his hearers 10 combine IN SEND
20 sales agents abroad, and asserteo
i.s. he was prepared 70 DO so nov.
a. This point Mr.. Ryan sa'd:
.rant onIv 10 remind you gentlemen
- 4, was Nr. Wickersham who tolo
ne we could not send JOINT sglhI ~
foreign countries
~ Bassett Moore, former coun'
seilor OF the State Department, speak
10 on problems Of War and Com
neree." asserted that the pendlhe
9eootiations between the United states
and Great Britain IN regard 20 the
~iob. 20 visit and search and British
Interference with American SHIPS and
corcoes could result in nothing better
han a makeshift; that the points az
issue could be settled only by aboli,
ion OF conditional contraband and
The cooperation Of neutrals and bel
ligerents in the certihcation OF car
goes.
Mining Seas an "Atrocity."
"The seas outside territorial waters.
are the common highway Of nations
he said. "and none Of them has the
stoht "a rerdcr the use Of that highway