The Washington herald., 1918-06-08

There are many Missouri folks in
sistent that Champ Clark shall make
the Senatorial race in his home State
this year. The chances that the Re-
publicans will continue in their pres.
ent apathetic state. however, will
likely not encourage him I'm that line,
as he Is said now TO be convinced
the Democrats have a fighting chance
TO control the House and that he
will again be the Speaker of that
body.
The latter consideration, it Is un-
derstood, has been the one thing his
Missouri friends were sure would lead
him into the Senatorial fray. They
felt that he would feel the hopeless
ness of the Democratic desire to gain
control OF the Lower House. and
rather than be an eX-Speaker in a
Republican House would prefer to be
a live Senator in a Democratic Sem
ate. .
The apathy among Missouri Repub-
licans is quite sure to end In the
election of Senator Whitley. successor
to the late Senator Stone. or Joe
Folk. who the Missourians believe
will oppose him at the primaries, so
We are told at the Capitol.
Wars are based on trade aspirations
or Clisa 2reements. so the majority of
our folks think who have been un-
able TO reconcile themselves to the
thought that Germany wanted other
than commercial advantages in
spreading out over the world at large.
+. W. Taussig, head of the Tariff
Commission, recently addressed the
National Chamber OF Commerce on
the subject. and some of his observa-
tions which were received by mem
bers of Congress yesterday and which
received much attention at their
hands We give here for readers of
The Herald to peruse. Says Doctor
Taussig:
'Our foreign trade promotes our
prosperity if VIC make our exported
goods effectively and cheaply. The
fundamental factor is the effective
ness of our labor and capital, and
the cheapness with which we can
consequently put our commodities a:
the disposal of foreign purchasers.
BY cheapness is meant cheapness
all things considered: quality as well
as quantity, good quality as well as
moderate price: or. il the price seem
high. quality so good as to make
the high price worth while Some
times the needs of other people are
satisfied by giving them large guam
titles Of goods of poor quality at n
low price: and a considerable part of
the export trade of England and Ger
many Is secured in this way. The
exports from the United States have
usually been good rather than cheap
not so much low I'm price as good
in quality and moderate in price. But
in any case 1t is the effectiveness of
our Industrial powers in producing a
thing which is cheap in comparison
with its quality that underlies all
prosperous foreign trade. The very
existence and maintenance of exports
rest on this basis. All trade promo
ton. all banking and transportation
facilities, all the trade agents and
embassies, all the agitation, all patri-
otic devotion. avail nothing if this
fundamental factor be lacking"
First, We should rest competition
in the interna tionai field on the effec-
tiveness OF our Industries. In the
plain every day work of the Industrial
sphere. as well as in the higher levels
OF International politics, we should
stand for an open and honorable
rivalry. The extension Of our export
trade should be based upon effective
ness In service-on well-paid labor
well applied, and on serviceable goods
produced cheaply and offered to all
comers on the same terms. Our in
ternational trade, Like our interna-
tional, polity. rests on q sound basis
only IL II conduces to the advantage
OF others as well as to ourselves. We
shall exchange goods profitably with
other countries II the profit and the
benefit of others is no less than our
own. And this result is achieved, to
repeat once. more. not by bounties,
not by special prices, not by overt
or furtive Determinations in our favor.
but by the plain and fundamental
fact OF doing our work well and do
ing a service to others The keynote
of our foreign trade policy should be
effectiveness In industry, service to
all.
Second. our international policy
should be frank and open, and IN
commercial matters that OF the open
door. The open door policy. 1t need
hardly be said, means that we wish
no special favors for ourselves, and
oppose special fayors to others. We
have adopted II and followed II un.
fiaggingly and without qualification
In the far east"
The doctor adds then that our policy
in the occident also should be cause
for Pride In our country, and that w
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