The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-26

come T., upon ~ In time Of war except
through the development OF iron
steel making, and kindred interests far
II, the interior, utilizing the abundant
supplies OF ore and p coal available IN
the South and Southwest. The members
of the institute and he financial forces
back of the iron and steel business be-
l,eve in insurance. Many OF G are
directors of insurance companies. Doubt
less most Of them carry heavy insurance
on their lives. But they are permit
ting the most important thing In their
Individual affairs, in their position AZ
trustee and in their interest In the ma
tons life TO go unprotected by insur-
ance. Until they have brought about a
complete change from existing condi-
tons and developed great iron and steel
and munition making Industries away
from Lake Superior ore regions there IL
no preparedness programme which will
insure the billions Of capital invested. nor
the nations life itself, should an enemy
desire to strike a vital blow At our
country and at all u 6oasted pros
perity.
Not for a moment should any one
imagine that this subject should he con-
s.dered from any narrow. sectional point
Of view. Hut the safety OF the nation
In the future may some day depend
upon the broad development at present
Of the metallurrical interests of the
South. II would 10 as foolish to wait
until war forced upon us the necessity
OF making an effort Ia do this AZ II
would he to wait for actual war before
beginning to huild .battlcshipg or the
making Of, an army.
II might. however. properly he horne
IN mind. as stated by pig Iron Kelly
twenty-five years ago. that ''the develop
swami ~ thu South ynnanQ thu enYtCh-
ment Of the nation; and only through
this development can the broadest ma
tiopal life be achieved either In ma
terial things or In a spirit OF harmony
through mutually OF interests.
The South Is the most AnElo-Saxon
region OF the country, II not Of the world.
considering the small intcrmixture Of
foreign blood with the white blood OF
the South. On this account. n by rea-
son of its negro population. which for
many lines OF work is a possession OF
Importance. this section In free from
some Of the many dangers which have
harassed iron and steel works IN the
Fast and West. especially since the war.
threatened as many OF these plants have
been by the danger Of hostility of foreign
employees.
the coast line OF continental United
SNhtNFs
II produces the entire cotton crop Of
the country. as essential In time Of war
as In time OF peace to the nations pros
perity and life.
II is already producing more than one-
fourth of the nations Grain crop.
II produces three-fourths Of the sui
phur Of the world. AS essential in time
Of wal as In peSce.
II has about three-fourthe Of the
l cabins rnol caspV1x, ~ HhA T-aefaA CfatAa
II has about one-half the ~etandins
timber OF the United States.
II IL the centre of oil and gas produc.
ing activities.
II has almost limitiess water powers.
It produces practically all Of the
phosphate rock mined in the United
States and a very large proportion OF
the total output of the world.
Its cover the widest variety
Of soils. Of minerals. OF timbers and OF
climate. It's development. commensurate
with its resources. would mean an enor.
nous expansion OF the progress ano
wealth OF the nation. and the Soutf
holds the only possible insurance policy
which can he issued To protect the ma
ton from destruction In time OF war
II holds in It's hands In these vast re
sources a policy which II accepted b,
the iron n steel men and the fnan
c.ers OF the country. as we'll as by thu
national Government. would make pre-
paredness a reality.
without his insurance policy all a
the effort al preparedness based on exist
ing iron and steel conditions IL but M
impossible. unrealizahle dream. So IonI
as present conditions are permitted I,
last we are living IN a fools paradise
regardless 81 all efforts we may MAKE
to build a navy or establish an army.
RICHARD ". EpMoNrs.
Editor Manufacturers Record.
BALTIMORE, Md. May 25.