The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1916-03-02
or little. It has the problem OF Mary's
kitchen sink, and lucky for you II
you get 1t in the right place.
Foreign Trade Combinations.

American producers and manu-
facturers arc deeply interested in the
movement on foot among the warning
nations OF Europe to control trade
after the close Of the war. There haA
already been much discussion OF the
preparations on foot In England. A
recent development was the unanl-
nous adoption OF a resolution by
the Chamber of Commerce of Vienna
proposing m economic union OF
Austria and Germany to render them
more independent of their political
and commercial opponents In regard
to the supply OF necessary fpodStuffS,
raw materials. and industrial prod
uctB, and enable them to defend with
greater energy their commercial In
tereSts In the world market"
The character Of a treaty provldlng
for such q union ls thus outlined: 1t
should provide for the longest posi-
BILE term of duration. The contract
Ing nations are TO regulate their
commercial policy according to IL
united plan and will act as = unit In
the negotiations Of commercial treat
les with other countries. lin order
to make this possible" says the rGso-
luton. 'thn two governments must
first come to an agreement as to tho
customs tariff which IL to be used as
n basis for negotiations. This Will
be accomplished most successfully by
the adoption OF common tariff sys-
tenn"
The resolution gives expression to
the belief that mutual support should
make it possible for the two nations
to bring all their economic powers to
full development. increasing the con-
Stunning power OF the population.
lower the cost or production, special
iZn Industry. and win for themselves
an increasing share In the interna-
tional commerce. at IL especially
desirable that the monarchy and the
German empire shall favor each 9TH
err In tariff matters 10 the greatest
extent compatible with due regard
for the protection or home industries,
allowing for differences In the condi.
ti0ns of production. Through care
full reconciliation OF these differences
the necessity for such protection
ithat Is. between the two contracting
powers1 must gradually be lessened
and, whenever possible. set aside"
Finally. the resolution recites: "Espe-
cinlly Is ii 10 be desired that the COM
mercial union OF the central powers
shall be recognized in the peace
treaties with other states. and that
every claim TO most Favored nation
treatment shall be excluded ut the
outset"
The prouosal to exclude claims Of
other countries to any benefits under
this commercial union, on account of
tho most favored nation treatment, Is
particularly significant as marking n
step in the direction of the American
policy of interpreting commercial
treltles. In Europe. n treaty extend.
Ing benefits TO a particular nation,
ipsO facto extends them to all others,
under the most favored nation clause.
The American Interpretation OF such
treaties requires that for third
party to enjoy similar benefits II
must make similar concessions. TEL
was under the European interpreta-
tion that the treaty which Austria
effected with Prussia in 1853, reduc-
ing import duties, resulted so disas-
trously for the former because 1t
gave England equal benefit In the
Austrian market, without any quld
pro quo.
Furthermore, the resolution indi-
Gates the disposition of Austria to
double up with Germany for COM
teamwork. The two coun-
tries must be allies in commerce,
with peace declared, MS they are now
allies in war.
These are the combinations which
producers must meet.
Armed with what? The Underwood
tariff law and q Democratic admins
tratlon? No! With Republican
common-scnse administration, and a
scientifically drawn protective tariff
law: