The sun., 1916-11-22

states would lose its prosperity at the
close Of the war.
We are having days Of unusual and
Unexpected prosperity in the copper in
hustry." he said. I'VE are making un-
expected profits which. az some one has
sa,d mere. we may not hold. But I
mink We will hold them"
some among us think the other ma
lions after this war Ii over are going
10 uike u gold and take our prosperity.
out think we will maintain our trade
and our prestige. have confidence In
american industry and in the American
people. I agree in the necessity OF COM
mercial preparedness. but I am confden,
that we will have IT,"
Germany and Copper.
On the subject Of copper. he said Ger.
many before the war had taken Amer.
icas supply Of the metal ut its own
price. had manufactured It and Their had
sold 1t In all the markets Of the world
against the American manufacturer.
Unless we provide that Germany can.
not buy our copper for less than the
American manufacturers are compelled
to pay. then we will again be at a dis.
advantage after the war and our manu-.
facturers will be undersold by the Ger.
mans" he said. IL believe combinations
In the export trade will be an early con.
summation. When we compete in the
markets of the world I don't think We
ought to be restricted n hampered no,
only by the laws Of the nations to
whom we are selling but by our own
laws as we'll"
Bourke Cochran contributed to the d.
versity OF opinion by asserting that what
the American nation has to fear after
the var Is not a flood OF foreign goods
but the lack Of any goods at all. lie
thought that the depletion OF the war;
ring nations manhood would cause such
a scarcity Of labor as to cripple industry
abroad for years.
Augustus Thomas took some pleasure
in a fling at Theodore Roosevelt's recent
address on art before the American
Academy Of Arts and Letters. People
had been waiting for an authoritative
pronouncement.' he said. He quoted
cambridge Colby as saying that Mr.,
Roosevelt did not need to know about a
subject-all he needed was a stenog.
rapher.
Mr.. Thomas concluded with a particu.
larry effective portrayal OF the spirit
which liz an!mating the men fighting In
the trenches In European battlefelds
saying that they were fighting for lib.
erty. for liberty to say that which was
highest In them.
Quests At the Dinner.
Among the dinner guests were william
A. Day. Judge Francis X. Pendleton
X. s. 1.ovett and Ebert II. Gary. Chaun.
cey NJ. Depew. Clarence II. Mackay
James Speyer. Cornelius Vanderbilt
George j.. Gould. Angus. Belmont
Charles II. Alexander. NJ. Julian Gerard
=. :. Mcclure. Charles Il. Dillingham;
W. Bourke Cochran. Percy II. Pyne
Percy r. Pyne I'd. Augustus Thomas
Henry l.. Stoddard. George T. Wilson
]. Townsend Burden, Frank II
Hitchcock, Melville r. Stone. Sher-
wood Aldrich. William Evarts Ben
tamin. l.. J.. Berwind. Ralph Pulitzer
Harry $. Black. j. Sergeant Cram
William +. Corey. Paul ID. era
vath. Henry C.. Frick. Charles Hayden
Martin W. Littleton. William Traver
Jerome. Daniel c. Jackling. Philip Liver
more. George W. Perkins. Daniel c. Reid
william C.. Reick. A. Barton Hepburn
Richard Delafield. W. North Duane. Ca
lcb w. Hamm!ll. W. A. Simonson. Davi'
II. Simpson. A. II. Smith. william Ran
dolph Hearst. Arthur Brisbane, william
e. Demorest. James Il. Kidder. q. G
Taylor, Erwin Waidman. Oswald CARR
son Willard. Frank I. Cobb. A. G. he'd
ford. q. VI. Reynolds. r. Z. Mitchell
Thomas II. Wheeler. Edward II. Adams
william II. Rankin, r. g. Riggs. Georg'
+. Baker, Leroy Baldwin, John NJ
Bowers. Edmund A. S. Clark. Lewis !.
Clark. Thomas W. Lamont. @. w. Nc
Garrah. Charles Mather MacNeill. Johi
u. Ryan. William T. Dewart. Robert II
Davis and X. II. Titherington.