The sun. [volume] (New York [N.Y.]) 1833-1916, 1916-05-27

III war should be thrust upon US and
We we're unprepared We would prop
erly be charged with suicidal tendencies.
We could fina no sufficient Qualifications
or excuse. We would ave invited at
tack
The cos; Of providing ana maintain
Ing a sufficient army and navy will
be large. but small IA comparison with
The cost OF war. IL one sh uid be forced
upon US because of a state OF unpre-
~parednees.
IL the United states is to assume
and maintain the important position
among nations that has been thrust upon
her she must be possessed or the same
elements OF power and strength thai
others have. She must he prepared 10
protect her on the seas.
which. let us hope. may equal thai OF
n other single country. She must
he ready to support other alton In
the insistence that the ports OF all for
eisn nations shall remain free and open
to all.
"And even more important to con.
slider. we would be able TO exert a
powerful influence in a!ding ana even
compelling international peace. II there
snouid be effected d bass 70, the settle
inent by arbitration OF all international
disputes ard the enforcement; Of the de-
crees entered BY a conG e'ent. d'sin.1.-
ested court. as We so mucn desire and
expect. then the pc-manency % this
court, a. well as its creation, Will de
pend largely upon the strength OF t.!s
me leading country. from II military
as vel. as a financial standpoint"
IT. speaking OF the economic condition
OF the country Judge Gary said
"ProSperity stouid De fostered busi-
ness success, large business as wei as
small. should be protected, encouraged
u assisted IN every homes way. Men,
women and children first of everything
demand food, raiment and shelter. They
smile upon those VINO favor the u,ilizs-
ton OF every proper means to increase
business success and Trey frown upo;
these who would retard or interrupt IL
Believe In Right Regulation.
We believe thoroughly in tie ragula.
tion and restraint OF business in such a
way a. 20 Prevent aarm ana injury :,
the public interest. but we do not agre.
that the proper way 10 prevent harm
~ 10 destroy the agencies which may b.
n generally are utilized for tire promo.
tion OF good, The Government and the
business men should work in armon
with reference To these matters.
AFTER the war is over all of the
c~ontending nations will be impoverished
IN great need OF business and money.
They will produce a. much AS posslble
and their facilities are generally unim-
pared. They will sell wherever they
can ma a market, and AT low prices II
necessary, including this country. II W.
ar" not protected against them and We
cannot sell in their countries because
they are land will continue to be- pro.
tected against us.
sNE. i,.u. -. $500
less our tariff laws are changed so as 10
protect u business and place us on a
parity with our foreign competitors the
larg" majority of producers Will suffer.
thhl business Will be depressed, that tho
number OF idle mills and cars and men
viii lee increased and that wages will he
lowered. We have seen these conditions
before and there is reason To fear that
they may be worse thar ever unless our
tarin laws are improved"
Judg. Gary said that we have not had
our share Of foreign trade AZ yet because
OF our lack Of merchant ma rine, and thai
although Government agencies IN con-
nec'ion Hi'h this development had an.
tagonized the business interests Of tive
country. there was hope that come % the
vexatlous laws may he repealed and an
impetus given To buildlng ships that fy
the American flag.
Others who spoke to the members o!
the institute were William II. Childs
president Of the Barrel Company. or
"By-Products Recovered in the Manufac,
ture OF Coke. DR., John a. Mathews
president of the Halcomb Steel Company
on The Electric Furnace in steel Manu-
f%acture'; DR.. John s. Cnger, manag
OF the Central Research Bureau Of th'
Carnegie steel Company, on "Rlil Manu-
~facture.' and George ". Nreellnd, super
in'endent OF blast furnaces Of the car
negie company, ON "Thc Distribution o
Materials IN III" Blast Furnaces
II was announced that the semi-annua
meeting Of the institute will be held II
St. Louis in October.