Evening journal. [volume] (Wilmington, Del.) 1888-1932, 1921-11-19
STEEL men FOR
SMALLER NAVIES


assurance that the iron and steel
manufacturers Of the United States
are solidly aligned with delegates to
the arms conference in their efforts
to end wars. was given by Charles
NJ. schwab in an address last night at
dinner OF the American Iron and
Steel Institute in honor Of Marshal
Foch.
After paying high tribute to the
marshal, Mr.. schwab. who is head
Of the Bethlehem Steel Corporation
said:
81 would likeN to take advantage
OF this occasion to say something
which has long been upon my
heart. and which at this significant
moment, it is clearly my duty to
say. It was stated at some Of the
sessions of the recent League OF Ma
tions meeting in Geneva, it has often
been carelessly suggested In the press
that the flame of war is in great
measure kept alive by those inter-
ested in the private building Of
naval ships and the manufacture Of
munitions OF war. I can, of course.
speak only for myself but l believe
know and express the sentiments
of others placed in similar positions
TO mine when I say this
"I am at the head Of the largest
war materials manufacturing works
in the world. The shipyards of my
company build more naval ships
than are built in any other yards
under one management in the United
States. But. I have been thrilled
beyond expression, as has every
good American. by the brilliant and
statesmanlike scheme laid before
the conference at Washington by
Secretary Hughes. The carrying out
Of that plan may involve great mon
etary loss in some quarters. but
such a thing as financial loss can
he OF no consideration when COM
pared to the inestimable boon to
mankind which would be involved
In the realization Of that magnih-
cent plan"
Mr.. Schwab declared that should
the statesmen now assembled in
washington ind It possible to bring
about disarmament and permanent
peace. gladly would he see 1.-THE war
making machinery OF the Bethlehem
Steel Corporation sunk to the bot
tom Of the ocean"
Nothing could contribute more
TO the ultimate and permanent pros
perity and happiness OF the world,
he added than the conclusion Of
agreements between the great ma
tions Of the world which would elm
mate war and the causes of war. and
80. let us say to the men gathered
at washington, let it 60 out from this
gathering Of men of the steel and
iron industry, that we are solidly
behind every effort they can make
which will hasten the coming OF the
time when war shall be no more.
IF disarmament indicts money
loss upon us, the American iron and
steel industry will accept it willing
| ly and gladly. We will do so not in
a spirit OF mere idealism and self
| sacrifice, but in belief that the
greatest permanent. material pros
perity would be brought about by
the concentration Of the energies
Of mankind upon constructive ac-
tiviuosi upon means for well-being
and not for the destruction OF civil
! i0ation."
Ebert II. Gary. chairman OF the
/ board Of the United states Steel
Corporation, and president of the
| institute. hailed Marshal Foch As
the deliverer of mankind.
God grant that the conference
at Washington will finally bring
about conditions which will estab-
lish and maintain continuously and
permanently peace between all ma
tons" Mr.. Gary said, land that the
guest of honor here this evening
may have the pleasure Of exercising
a strong influence in this direction.
1.-THE men OF affairs here assem-
bled," Mr.. Gary said, appreciate
from experience what it means to a
large enterprise to have perfect CO.
| ordination OF forces and perfect sys-
/ tenn in management, and they know
how easy and simple to control ID
| seems to outsiders. especially those
OF little practicable knowledge, II
the business is successful and move.
! without Internal friction.