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Show i (MS UP National Foreign Trade Council to Offer Prizes for Essays on Shipping. NEW VORK, Sept. 2:1. Consideration Considera-tion of a resolution recommending the establishment of a commission to study the tariff law of the I'nit.pd States in its relation to foreign trade and the reception re-ception of reports on various p liases of expert commerce occupied the attention atten-tion of members of the National Foreign For-eign Trade council in an all-day session here today. The council decided to bold its next meeting in New Orleans late in January or early in February of next year. Thirty-live members of the council, prominent in transportation, manufacturing manufac-turing and banking, attended the meeting, meet-ing, over which .lames A. Farrell, president pres-ident of the United States Steel corporation corpo-ration and chairman ot the council, presided. pre-sided. The resolution concerning the tariff declares it to bo the sense of the council coun-cil that the "highest interests of the United States require that the authority au-thority conferred on the president to negotiate commercial treaties should be so exercised as to assure American exports ex-ports reciprocal and equivalent foreign for-eign tariff treatment in return for the favorable market here given for foreign products and to obtain the removal re-moval of undue discrimination against the products of the United States." The council is urged in the resolution to establish a tariff commission to include in-clude at least five .business men and one tariff expert, who may or may not be members of the council, "whose duty it shall be to investigate and report re-port to the council upon the efficicney of the present United States tariff system for the .promotion of export trade and its protection from undue discrimination dis-crimination by foreign governments." The merchant marine committee laid plans before the council for better acquainting the public, with the necessity neces-sity for a larger American merchant marine. To this end Chairman Farrell announced that, a Ifund of $1500 had been created to be distributed through the council, ten prizes of $150 each tor the best essays on shipping questions by students of colleges and universities, universi-ties, particularly those in the middle west. |