Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1917-10-17
Secretary AStonished at Ap-
parent Belief of Teutons
That Foreign Business viii
Be Resumed Easily,
KAISER'S MERCHANTS TO
FIND STRANGE WORLD
Nations Attacked Not Likely to
Purchase Goods in Same
Markets as When Peace
Existed Everywhere,
,ar sosrlao JOURNAL SPECIAL le.sso Wire,

thF hoNNiNo JOURNAL hFtClhl tUtSbp WNt1
New York. Oct. l6.--Whnt diff
ferent world of trade this will be
after the war was pictured to the
Southern Commercial congress here
tonight by Secretary Redfield, in an
address telling of the cutting of the
threads of Germany's foreign CONF
merce by her own act, and of the
awakening of America and her allies
to the danger of having their indus
tries dependent upon foreign and
possibly unfriendly sources of sup
ply.
When peace shall come and her
merchants take up the task of re-
storing Germany's ruined commerce
they will find that it is strange
world which they seek to re-enter,"
said the secretary. There will be
difficulties in the path of future
peaceful penetration of which they
seem not to dream. Commercial fright
fulness, like its military namesake,
will have passed away.
NtFuhi MOnOpOiltS IuSS.
1T will hardly be said again to any
secretary of commerce of the United
States that the German dye stuff
'verein will not permit the establish
ment of an American dye stuff indus
try. The monopolies on which Ger
man foreign commerce in large part
seemed to rest secure have passed
away. Our friends beyond the sea
ana we ourselves have learned the
danger of having our industries who'll
~ dependent on foreign sources Of
supply which may become unfriendly.
''It is pitiful to read extracts from
the German press which seem to show
that they expect to take up the task
of rebuilding their commerce where
they laid 1t down.
Good VIII an Asset.
81 need not tell you of the COM
mereial value of what we call good
will or point the advantage of doing
business as going concern. The
great markets of the world have been
and are TO be found among the ma
tions who have parted company with
Germany in the present struggle.
"The peoples of these lands are not
likely by one common impulse to turn
quickly to Germany for renewal OF
the commercial intercourse which was
broken by her act
"It must be renewed under cir
eumstances of hardship.
1T will be a strange world upon
which the German merchant will look
when war shall close, so let me add
it will be in large measure strange
world which the American merchant
will look out upon at the same time.
U. S. viii See Clearly.
When embargoes are over and
trading with the enemy acts shall
have ceased to trouble, we also shall
see things differently. The novelty
will not on our part arise from sepa-
ration ibut the reverse. We have
gained and are gaining better under
standing of the world we live in
Scales of provinciallsm have fallen
from our eyes.
"If we were those who look upon
the peaceful contests of commerce a'
economic war, we should hardly fee
we could speak with freedom in this
presence of the coming days wher
normal Industrial intercourse through
out the world shall replace present re-
stricted conditions, for we recognize
as a matter of course. as an opportun'
ity and duty they are not slow ts
see and upon which they rightly act
that the nations associated with III
in this war are preparing for theil
proper share of the worlds business
when the war shall close.
Believing as we do, however, tha
commerce is not war but mutual in
tercourse to mutual gain we look with
out fear and with strong approva
| upon every effort of our friends to re
new commercial and Industrial rela
tions in the happier days that arr
! coming"