The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-01-07
REDFIBLD PRAISES
TRADE CORPORATION
Secretary Of Commerce Say,
New Concern Is Great
Step for the L. s.
GUEST AT INDIA HOUSE

Tho organization OF the American In.
ternational Corporation TO push Amer.
can trade throughout the world wa,
called the greatest step forward IN
American history by Secretary of Com.
merce Redfeld yesterday at a luncheon
given In his honor at India House b,
w. 7. Saunders, chairman Of the board
OF the Ingersoll-1tand Company and ore
Of the directors OF enc new corporation
Mr.. Saunders had arranged N.
luncheon to give Mr.. Redfeld an oppor.
tunity to meet some OF the officers ana
directors of the American international
Corporation and to promote a spirit o.
cooperation between tho Governmcn. an,
those who are working TO advance
American trade. The guests besides NJ
Redfeld were Charles A. stone. pres.
dent of the new corporation BeeiamaA
Winthrop. Robert j.. Herrick. Charles ".
Muchnic. Ambrose Mcneil, Frank A Van.
derlip. Theodore ~. Vail. r i. TIusey.
charles a. Sabin. Otto II. Kahn. William
Woodward. L. s. Webster, j. r. Grace.
Dr. II. S. Pritchett and w. Il. COREY.
The luncheon was notable not only ,or
the sanction which Secretary Redre,l
as the representative OF the present Al
ministration gave the enterprise ~,
also for the emphasis laid both by i'm
and by Frank A. Nanderlip upon the
necessity for cooperation between the
Government and business in aking "a.
vantage OF tho present unparalleled ~.
portunitles presented to American busi.
ness men.
Corporations impulse Patr1ottsm.
The Impulse behind the Organization o.
~. at, A, 1va sfA
MIR. Saunders said. was n OF patriotism
and high business ethics. lie paid a
tribute to Secretary Redncld. who, Ns
said. had worked as a business man
himself on broad lines of honest efN.
cheney and added that those who hal
been in touch wifi his conduct Of e..
Department OF Commerce knew that +.
mad greatly advanced the Interests ~
American manufacturers and merch7r'.
In foreign trade.
II think we are passing into n SAYS
where cooperation Is to be the now Law
said Secretary Redfield, who dcecriN.
how through cooperation three great In
dustries In the last year had been IS
tablishcd in this country. Referring %
the announcement yesterday thai Rn.
livian tin was being brought here u0t
smeited. Mr.. Redfeld said that this hal
represented ten months of Constant Nor
by u representatives. In Bolivia 3d
in Washington, and that 1t meant 'NH'
this country had secured on" of '''
greatest commercial prizes. Boliv.t. -
said. was delighted because It would '".
suit in establishing here for h'f .
credit which IL was expected wN' :
amount In a year TO about $4,000 900
American Clay Used.
Another new industry. he sad. Ne
that of manufacturing chemical pore
laius from our owg cldys. lierc'"fo'"
German clay had been thought i''
pensable. but the bureau Of stdnGrr!s
had worked out a process with Amer
can clay. and to-day. ~" SAID. two 60
Germs Were manufacturing rorc'iaiu- H.
good as the German oucS. Stiji a."
other industry established by his Y
psrtmcnt. he said, was the dressing % :
dyeing OF furs, heretofore carried on IS.
clusively IN London.
AS regards your own body En-
Secretary Redfeld. II think you lt
taken the greatest step forward in Nu'
lean history. Il Is one of the great.
acts Of vision and courage I have 90.
known, and one FOR which We l...
waited for years. ! have been sad f
years at the lack Of courage show
our business men In attempting utNtN".
outside of the three mile limit, yc, tho.
has always been room outside Of Z
limit for American brains. vision ar
energy. II will make for the s;eai..,-.
of our markets. | believe with all o.
heart in the power of American
dustry. and as a servant of Am'.|.|-.
all ! ask il the privilege 90
be able TO help II along
Mr.. ~Nauderlip, introduced - ID
whose vision was as broad as IN. -o"
seas, said that cooperation used TO- "
In great favor. hut lately 4 had gut
"A good deal Of disfavo-.
81 am certain" he continued, "tht' ur
have got to have cooperation hettN',
Government ana business, and I h.''r'"
that we are getting It In a great dogr.r
at present. feel that We are 'r t
time OF tho most eNtrdordluary onp.
tunity. We have not done anything
yet. hut ! know the opportunity Is ~"
The biggest work we have j. 'u %
cate ourselves 10 see and seize the uunu'
'unity. It is more Than o~pportunN. "
is our duty. We have IN o~rgau'2l''
that is going 10 do a great dca' fur 70
workingmen and for capital In this c'.
try. and the road to success res e.
the line OF cooperation between the -
m n business. II We don't r.. .
t.. II IA largely our fault, hc,,y-r 90.
make the Government"