New-York tribune., 1918-04-20

problem. Oil from her is needed for
ear warsnips and merchant vessels and
Ior those of our allies. The great
store OF minerals in Mexico is being
drawn upon both for base and precious
metals, to meet present requirements.
ne heneQun fibre is wanted by Amer
ican farmers for binding twinc to har
vest their crops.
great opportunity exists to in
crease the food supply this year for
INC common benefit by furnishing
tractors and other farm machinery,
seed aud money for planting opera
eaons, an of which are sorely needed
IN Mexico for the years production.
1T is crime that in the present food
crlsis of the world this great country
or fertile soil and benign climate re-
mains paralyzed because of the lack of
elements of production"
In discussing successful advertising
methods and mediums Ernest B. Filsn-
ger, export manager of Lawrence &
o. OF New York. said that in the
war after the war" advertising will
play the part the most powerful guns
are e,hn now playing in physical warfare
States Shipping Board tclegraphed to-
DAY that he would be unable to speak
at the banquet tonight. The final scs-
SION OF the convention will be held to-
morrow, when various committees will
report.
Discusses Inland Waterways
Walter Parker, of New Orleans, said:
Ine history of interior transporta-
ton IN the United States differs radi-
cally from the history of interior
transportation in Europe. In Europe
1ull use of the waterways was in no
manner 1nterfered with by the develop
ment of the railways.
IN America the transportation de-
veioper found the boats as whole en-
!oying complete monopoly and lack
ing ing the true spirit of enterprise.
Il trough bills of ladng were un-
known to it. It's equipment was waste
rui and eXtravagant. Terminal storage
ana handling efficiency did not exist.
TO the shipper, yet the actual cost of
transportation by boat was lower than
the cost of transportation by rail-,
terminal efficiency, good business
management and through and de-
pendable service soon diverted traffic
from the boats to the railroads. and
at the same time developed the regions
distant from the water courses.
=. In time, with the exception of the
Great Lakes, boat monopoly gave wav
20 raliroad monopoly of transportation.
NOW comes the day of the boat
agaln--this time as an adjunct and a
cooperating factor in TRANSPORTATION
and with it comes a more accurate
sense OF proportion and knowledge of
"hat constitutes transportation econ
omy. It's use as war measure for the
relief of an over-burdened railroad svs-
tenn undoubtedly will be followed by
the development of the system to meet
the needs of reconstruction and devel-
opment that peace will bring"
=, NJ. "A. Oudin, of the General Electric
Company, Schcncctady, N. Y, asserted
that to obtain the best results of com
mercial intercourse with China, methods
and means that are essentially Ameri-
can must be used. He said the intro
ductlon of capital, technical experience.
competent specialists and foreign rep
resentatives would> yield higher re-
turns than similar >activities in any
country, with, perhaps; the exception
of Russia.
Increase in premiums on marine in
surance has reached its crest, accord
ing to Hendon Chubb, of New York:
II believe we now have capital in the
business sufficient for every need, or
IT not there is no question but that it
will come n," he said.
Dudley Bartlett, Of the Philadelphia
commercial Museum, mentioned among
the difficulties attendant upon doing
foreign business the meagreness of
banking reports, the disinclination of
foreign firms to submit personal state
ments and the danger of relying on
prejudiced reports from local mer-
chants
"After peace is declared the United
States is going to have war with Eng
land, but it will he friendly war-a
trade war;" said Robert S. Alter, pres
ident Of the Foreign Trade Association
Of the Cincinnati Chamber of Com
merce, speaking on export Trade
Problems" He quoted from a speech
made by ]. Judson on March last
before the machine tool builders of
England.
]. K. Armsby, president of the Cali
the necessity for merchant marine
toward the solution of the "Commer-
cial Problems of the Pacific" which
he discussed before the Pacific overseas
group of the convention.
George L. Duval, Of Vessel, Duval e.
Co., New York City. agreed that mcr-
chant marine was quite as important
to develop "Our Commerce with South
America"
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