OCR Text |
Show SHIPS, NEED OF PACIFIC, TRADE waits on ships. If the U. S. expects to successfully compete with Europe and Japan after the war, then ships must play the principal part. This was the keynote of the session devoted to "Problems of the Pacific at the Cincinnatti foreign trade convention. con-vention. The trade of the world waits on ships! When peace is concluded, it is gener-. ally conceded that there will be the greatest efforts by all nations to secure se-cure foreign trade that the world has ever known, is the opinion of J. K. Armsby, president of the California Packing corporation. It is true the speaker admitted, that , the United States is now feverishly, building merchant vessels and when peace finally comes we may hope for a large, if not an ample, merchant fleet. Then he asked this question : "But of what what value are ships alone if they can not be operated m 1 competition with those of nations with which our manufacturers must compete in selling their goods abroad? ; "In order not only to increase the foreign commerce of this great section of the United States west of the Rocky Mountains, but to maintain that which we already enjoy an adequate American Ameri-can merchant marine, operating under laws and regulations no more onerous than those of our competitors, is an ab- j solute necessity." |