REPLIES TO CARD AND SCHEDULE INQUIRIES. 387

stabilize foreign markets to our direct and very material benefit. In the case
of copper, for instance, the benefits accruing to American industry might readily
be greatly enhanced by a suitable werking arrangement for the marketing of
the surplus of copper of each producing country to the consumers in nonproducing
 countries.
An officer of a concern that has been manufacturing and exporting
printing machinery for 25 years makes this statement along the same
line:
* * * Do not think it necessary to forbid association of or connection
with concerns of foreign ownership or interest. In some cases the nse of
American goods is inseparably or beneficially connected with some foreign
product or patent rights in the countries of foreign markets that may be held
by foreigners. Naturally the association with American concerns would be
preferred and we think that a safe reliance. Further, the difficulty, in many
cases, of accurately tracing or determining foreign ownership or control, particularly
 of corporations, would entail much trouble and confusion. We do not
think American national interests require any such protection.
Admitting foreign interests would benefit American labor.—The
head of a concern manufacturing cloth and fabric headwear states
that—
+ * * export combinations should be open to all manufacturers or producers
 in the United States in their respective lines. While patriotism might
at first thought make it seem desirable that American-owned concerns only
should participate, it must be borne in mind that concerns controlled hy foreign
Interests operating in the United States employ, as a rule, American labor, and,
Inasmuch as this labor would benefit by expansion of trade, we believe that
concerns controlled by foreign interests should be allowed to enter into these
rombinations.

The president of an establishment manufacturing corrugated
packing materials believes that—
* % * goods manufactured in this country by American labor have contributed
 to the general prosperity and should be given equal opportunity without
 prejudice on account of foreign ownership.
‘Admitting foreign interests would be a protective measure.—A
coal operator says:

It is evident that if a foreign-controlled concern were not allowed to get into
the combination, they might be of sufficient size to interfere with the operations
of the combination in foreign countries.
Ewclusion might reduce demand for American goods.—A New
York export house engaged in foreign trade for the last 15 years
answers by one of its officers:

In many cases, excluding firms controlled by foreign interests might mean
a reduction in the demand or sale for goods made by others. In riost cases
the increase in sale of one line, depends largely on the increase in business on
another line; and this in many cases in the foreign trade may be a line that
could only be sold abroad when made by firms controlled by foreign interests.
Should admit foreign interests to be consistent.—The secretary of
a company dealing in athletic specialties reasons that—

As long as we permit the employment of foreign capital in the domestic
markets of this country, it would be decidedly inconsistent to exclude such
concerns from handling foreign business. The value to this country lies in the
labor and raw material items, not in the eventual disposition of the profits,
Membership should be conditioned on efficiency and economy to
American interests—A manufacturer of baking powder and flavor-