Business & Finance: American Dye Industry

The American dye industry, to judge from the banquet speeches of some of its leaders, must watch out for perilous competition from Germany. Francis P. Garvan, President of the Chemical Foundation, declared at a recent lunch of the Synthetic Organic Chemical Manufacturers' Association that prominent German capitalists and manufacturers are vainly seeking an alliance with American firms only to destroy them, and will shortly attempt to set up a German-owned dye industry within the U. S.

In a letter read to the same gathering, Elon H. Hooker, President of the Manufacturing Chemists' Association,...

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