coal trade bulletin - Clpdigital.org
coal trade bulletin - Clpdigital.org
coal trade bulletin - Clpdigital.org
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SECRETARY OF COMMERCE REDFIELD SEES<br />
BETTER BUSINESS UNDER NEW TARIFF<br />
LAW.<br />
The latest export and import reports for the<br />
United States, covering the four months of July,<br />
August, September and October, the last month<br />
when the new tariff was in full operation, reached<br />
Secretary of Commerce Redfield Dec. 11. They<br />
show in the first place that the predicted flooding<br />
of the American market by imported goods did not<br />
happen, but, on the contrary, imports actually<br />
decreased. Secondly, these figures show a tremendous<br />
gain in exports.<br />
Other <strong>trade</strong> figures are presented in substantiation<br />
of the confident assertion of Secretary Redfield<br />
that the United States is just entering a<br />
period of great industrial expansion, in which it<br />
prove itself to be supreme in competition for the<br />
markets of the world. In this particular connection<br />
Secretary Redfield permitted the use of a<br />
report conclusively showing a fear in England of<br />
increasing American business supremacy.<br />
Reports for the month of July, August, September<br />
ancl October show that the imports amount to<br />
$580,677,062, a decrease of $45,553,925 from the<br />
same period of last year, and the exports were<br />
$838,994,853, an increase of $67,953,061 over these<br />
months of 1912.<br />
Commenting on this Secretary Redfield said:<br />
"The first fact that will strike tbe thoughtful<br />
reader will be the falling off of imports in the<br />
first four months of this fiscal year of nearly $40,-<br />
000,000 as compared with the same period of 1912.<br />
The flooding of our markets with the alleged cheap<br />
wares of Europe has not happened. It should be<br />
noted that the month of September in the above<br />
table includes the first, three days of October, up<br />
to the time tbe new tariff took effect ($13,665,000),<br />
but even when this is reckoned, it will still appear<br />
that the month of September by itself was the<br />
largest month of the four for importations and<br />
that October, during which the flood gates were<br />
supposed to be opened, shows no such rush of importations<br />
as some have both threatened and<br />
feared<br />
"On the other hand, the growth of exports in<br />
the same four months of nearly sixty-eight millions<br />
is both surprising and encouraging. This<br />
is not only so when the bulk of almost $839,000,-<br />
000 of exports in four months is considered, but<br />
becomes more so when the regular progressive<br />
grow-th of those experts is examined. Just as<br />
October shows relalively small imports as compared<br />
with those that were by some expected, so<br />
it shows exports large to an unexpected degree.<br />
exceeding September in this respect by over $53,-<br />
000.000. If we examine the details of the exports,<br />
it will be found that the same growth in the ex<br />
THE COAL TRADE BULLETIN. 41<br />
ports of manufactures which marked the last fiscal<br />
year is continuing now. The total exports of<br />
manufacture have grown by $9,000,000 as compared<br />
with last year and of the aggregate of manufactures,<br />
fully finished goods form 52 per cent.,<br />
thus being more than equal to the two other classes<br />
of manufactured exports taken together. There<br />
can be no inference drawn from the above hard<br />
facts that is not both encouraging, ancl complimentary<br />
to American industry."<br />
FEDERATION OF LABOR OFFICIAL<br />
FAMILY CONTAINS TWO NEW NAMES.<br />
The American Federation of Labor which had<br />
been in session at Seattle, Wash., adjourned November<br />
22, after electing officers and choosing<br />
Philadelphia as the place of its next convention<br />
in 1914. The officers chosen are:<br />
President—Samuel Gompers.<br />
First Vice President—James Duncan.<br />
Second Vice President—Jas. O'Connell.<br />
Third Vice President—Dennis A. Hayes.<br />
Fourth Vice President—Joseph H. Valentine.<br />
Fifth Vice President—John A. Alpine.<br />
Sixth Vice President—H. B. Perham.<br />
Seventh Vice President—John P. White, president<br />
of the United Mine Workers of America.<br />
Eighth Vice President—Frank Duffy, general<br />
secretary of the Brotherhood of Carpenters and<br />
Joiners.<br />
Treasurer—John B. Lennon.<br />
Secretary—Frank Morrison.<br />
In this list are only two new- men. White and<br />
Duffy. Second Vice President John Mitchell and<br />
First Vice President W. D. Huber retired voluntarily.<br />
For delegates to the British Trade Congress<br />
W. D. Mahon, international president of the<br />
Brotherhood of Street and Elecrtic Railway Employes,<br />
and Matthew Woll of the Photo Engravers'<br />
Union, were elected. Mortimer Doiioghue of<br />
Butte, Mont., was chosen delegate to the Canadian<br />
Trades and Labor Congress.<br />
A conference of delegates was held at which it<br />
was agreed to place John P. White on the executive<br />
board, as John Mitchell had desired.<br />
The vote on convention city was: Philadelphia,<br />
10,684; Fort Worth, Texas, 8,432.<br />
The Ohio State Industrial commission has appointed<br />
the following new deputy state mine inspectors:<br />
Morris Albaugh, Murray City; Andrew<br />
Ginan, Jacksonville; Dennis Sullivan, Coshocton.<br />
and Evan Lewis, Harmon, They wiil succeed<br />
respectively, Edward Kennedy, Carbon Hill; John<br />
McDonald, Glouster; Alexander Smith, New Philadelphia,<br />
and XV. H. Miller, Massillon.