New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-03-02
Out to Capture Part OF
United States Trade with
South America.
COMMERCE CONGRESS
TO MEET IN PARIS
Will Perfect Plans to Fight Ger
many Commercially After
the War Is Ended.

London. Notwithstanding the
British Association OF Chambers OF
Commerce to-day. A. Bonar Law. Sec
rotary Of State for the Colonies, an
nounced that arrangements were IN the
making for an economic conference Of
the Entente Allies at Paris to consider
the possibility Of utilizing the eco
nomic forces Of all the Allies for the
better prosecution Of the war itself.
Emphasizing hcw the war had welded
the whole empire together in a way
nothing but the var could have done,
Mr. Bonar Law said the British were
commercial people. and in the matter
o. graspinG business had never been
cxcciled "even by our chief enemies
"The resources Of the British En-
pre-" ne added. will never again be
exploited as in the past by Germans"
A resolution WAS adopted at the
meeting for the reorganization OF the
British consular service with British
born consuls. One of the delegates as
serted that during the competition for
trade between Great Britain and Ger
many preceding the war forty-four
British consuls were Germans.
To L. S. for Information.
A Sheffield delegate, representing one
Of the great steel Industries, said his
factory was compelled TO use a rare
mineral alloy in the production of es-
sential war supplies and that it was
unable TO learn about the alloy until
il obtained complete details from
American consular reports. The pres
eut extensive branch of this large war
industry. he added, was entirely the re-
suit Of American reports.
Sir Edward Holden, who recently Wis
tied the United States with Lord Read
ing's commission. made a speech warn
ing commercial men 10 prepare TO as
sist in spreading British banking and
industry 10 Russia and South America
and take advantage OF the opportunities
now opening vast organization, he
said, recently had been established IN
the United States with capital OF
S50,000.000 designed to carry American
trade throughout the world.
I've must do the same thing he
declared. land do IL quickly. We
should have n system Of British banks
throughout South America, particularly
in the Argentine and in Brazil, and
throughout Russia and other allied
countries Our government should
wake up and take governmental IN
terest in this question:
To Compete with America.
A Sheffield delegate said the Ameri-
can organization was founded 70 ger
contro, of Argentine :.ade and Aa.
extended beyond that. lie urged
prompt steps by the British TO meet
American efforts to secure South
American trade.
The main discussion. however, was
for British organization which woui1
overcome German foreign competition.
The resolution finally adopted de-
clared:
The government should facilitate
the establishment OF a large credit
bank for the purpose OF developing
British trade abroad
a shipping resolution adopted strong
~ urges the government 10 revise the
shipping laws under which foreign
ships receiving subsidies use British
ports and harbor facilities without tne
paymcnt of hsrbor dues, foreign SHIPS
enjoying benefits not extended 10 BTU
ish vessels. Another resolution unan-
imously adopted asked that pilots Il
cerses be issued only TO men OF BRUSH
nationality.
proposal that the government be
asked 70 enact "A law requiring British
control of all companies and firms pro
ducing. manufacturing or trading IN
the United Kingdom. in India or IN the
colonies, such control 10 exist botn IN
ownership and management, was also
.doDfpd