New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1921-09-11

ers Of this country to build I'D an ex-
port trade of a size commemorate with
the capital investment IN this COUNTRY
compared with the capital investment
In other countries. And in order to
do this it will be necessary, no doubt,
to build up an entirely different style
OF organization Of the entire industry
as whole in this country, for under
the present disjointed and non-co-
ordinated system there is not suf-
ticlently strong or unified front pre-
sented to furnish any serious competl-
ton with the foreign dyestuF indus
tries in the worlds market"
w: F. Prescott, Of Montreal, another
speaker before the Division OF Dye
Chemistry, said that Canada is one
ct the best possible markets for
United States dyestuffs.
GAS regards dependence upon I'm.
ported commodities Mr.. Prescott ssid,
Canada looks to foreign countries Cor
her total requirements Of dyes. Pres
vlous to 1914 her consumption Of cosl
tar products was, approximately. s6oor
GOO. To-day the Dominion consumes
over s3,225,ooo worth of artificial eoioA
To be sure, fair portion Of this lat
ter figure represents Inflated value, but
there is littis doubt that normal N.
qulrements will be close to S2ooa.Q0A
Whereas the dye imports for lal&
were almost wholly of German and
Swiss origin to-day we find tho follow
ing sources of supply:
Dyes from Great Britain. seso.eeo
Dyes from United States IAN
proximateiy) ............. s,sas,oM
Dyes from Germany and Swift
Let US understand that the above
import figures Of dyes, from the UEstsd
states, may include overseas colors
neid In New York bonded and reshippsd
to Canada. Consequently actual i'm
ports from Germany and Switzerland
reach much higher figure than one
and quarter million and q relatively
decreased amount of United States
manufactured colors results.
Canadian Consumption
at the present moment IT is Judged
that the Canadian consumption Of
dyes Is about evenly allocated TO Eng
fish, United States and German
sources Inclusive of Swiss coIors).
"The outlook for the near future
consumption Of colors is one not CALI
ing for maximum amounts. Although
the Dominion has felt the general COM
mercial depression, yet her production
is no less decreased relatively tran
that Of other countries, and in sons
respects she is commercially far better
situated than most foreign domains.
There is little doubt, however. that TINS
present depression in Canada will con
rinue for the best part Of the next
twelve months.
"As regards the future source OF sup.
ply of dyes for Canada, it is moss
hazardous opinion to say which country
will succeed in taking the Canad'aa
color trade. AT the present momens
| dyes from any source enter the po'
minion free, with the exception OF
universal sales tax. There Is every Eesr
son to expect that German produces
should flood the market here. as tnes
enter at German value, greatly az
preciated from tho Canadian dollar.
Were dyes dutiable and taxable, thsn
| the present day value OF tie mSss
would be taxed on q value Of pre-vsI
equity, which would prohibit the use =
dyes Of this origin. English dyes AZ.
finding an increasing market here, gu
as yet the range of British colors nss
not been great enough to take mucn =
the business. Furthermore some -
viz LDS tfcH COjcIs, vi q hiSe@~-
J basis, have not yet been able to cor,
pete with the American and so-csiieaa
Swiss colors. American dyes have fcrn'
large and steady market in the ~
ninion, and up to the last year .no e.
half have taken the big bulk OF .as
Canadian trade. To-day. however, W
| imports Of American colors have ~
creased, due to three reasons, nane's'
Il. General business depression.
~, High rate of adverse exchange
"S. Inability or inadvlsabihty "a
American makers to meet Germ an ~
| Swiss colors entering Canada fafous~
bonded New York tries, -,
"Due to the proximity Of America
manufacturers of dyes, there 10 no ~
son why Canada cannot obtain tne 80 -
color service and money vsire
United States productas
~