Were the Congress
to authorize an invitation to Germany, in connection with the pending
reciprocity negotiations, for the constitution of a joint commission of
scientific experts and practical men of affairs to conduct a searching
investigation of food production and exportation in both countries and
report to their respective legislatures for the adoption of such
remedial measures as they might recommend for either, the way might be
opened for the desirable result indicated.
Efforts to obtain for American life insurance companies a full hearing
as to their business operations in Prussia have, after several years of
patient representation, happily succeeded, and one of the most important
American companies has been granted a concession to continue business in
that Kingdom.
I am also glad to announce that the German insurance companies have been
readmitted by the superintendent of insurance to do business in the
State of New York.
Subsequent to the exchange of our peace treaty with Spain, Germany
acquired the Caroline Islands by purchase, paying therefor $5,000,000.
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