South Bend news-times. (South Bend, Ind.) 1913-1938, 1914-08-24
SAYS EUR0PE'S LOSS
SHOULD Be i. S. GAIN
War Gives United States Vast
Opportunities to Increase Ex-
port Trade, Says Stanley Nc
IntoSh in Interview.

Stanley Mcintosh. secretary and
treasurer of the Mishawaka Trust and
Savings Co. in speaking of the war
in Europe, had this TO say Monday:
Civilization naturally shoulders to
know what may be the awful price
which the nations Of Europe now at
war must pay-in both the terrible
loss of life and its attendant suffer
ingS and sorrows, and also in the total
loss OF untold billions in properties;-
nor does the property loss confine it
self 10 the cities alone, but in the
wasted farm lands. sacked and ruined
homes, wrecked and burned cities, and
commercial and Industrial enterprises
either destroyed or paralyzed.
Nor can we be charged with mer-
cenary attitude when we say that
Europes loss should we'll be America
gein,--for II Is not a mercenary act to
realize that to some other nation or
nations must fall the gravest reSpon
sibility OF supplying the nations at
war what they needs must have for
food, clothing and care. And even
beyond that we must recognize that
the rest OF the world has depended
very largely upon these same warning
nations for supplying them billions OF
dollars of what they need every year
in their own progress.
War-Europe numbers a population
of some $4,000. 900 people, and based
upon reasonable estimates IL requires
abou Is billions every year to furnish
them with the articles OF food alone;
and some seven billion more for cloth
ing and the other possibilities of life,
not including rents and fuels or lux
urieS.
True a large part of this has been
supplied by those nations themselves
yet the total imports Of those countries
yearly amount 20 some eight billion
dollars: and three billion of it was
brought frorl other nations among
hemselves,-boGgh from War-Eu-
rope, Besides this these same nations
supplied to the rest Of the world (not
including the United States) some
seven DiiliOn dollars worth of what
the world needed-Out Of the fourteen
billion dollars the world total buys.
u. 5. Must Meet Demand.
Now If the war be protracted long,
and the cause must needs require most
of EurCpe's able-bodied men, factories
and fields and mines must certainly
be left incapable of supplying War
EurOpe's needs, much less continue to
supply the wants Of the rest of the
world. And If this be true, what 9TH
er nations will meet that market-de-
mand? Surely the United States must
find in this imperative duty an OPP
portunity for decided growth and
prosperity,-even though she sell her
goods at lower price than heretofore
rather than take advantage of war
prices.
Out of that $14, 300. 900, 900 the
world buys (a.side from North Amer
ica) only $1,000, 900, 600 OF it is bought
from us, although the war-countries
have been furnishing $3.50, 900, 600 Of
1t. Is this not a splendid opportunity
for US to open up a vast market for
both new and the future? If it were
possible for IS to supply merely the
War-oountrteS alone, il would require
more than the present capacity OF our
entire resources of supply and manu-
facture. Our total net exports TO all
the world now amount to only about
$4,000, 100000.
If we take only the leading articles
bought by foreign countries such as
agricultural and animal products, cot
ton and cotton goods, coal and coke
iron. steel, metal and their manufac-
ture of, machinery, wool, silk and
textiles, sugar, hides. pottery, rice
world is buying now many times our
total export in all lines in just these
lines alone, or $500, 900, 900.
While South America alone, in adj
dition to the above, buys some $780,
600, 600 yearly. she buys some s. $780,
900, 900 OF It from War Europe, while
she buys only about $155, 900, 600 from
uS-6S per cent as against 16 per
cent.
This COuntry'S Duty.
IL is. therefore. plainly apparent
that in doing her duty toward the
real wants of other nations, at this
time. the United States can certainly
find it a golden opportunity for open
ing UP untold foreign markets; and
since our foreign selling has been
sorely curtailed during the past few
years. though Europe has made steady
gains now is the one worlds greatest
opportunity for us 20 profit. The
greater the foreign selling the more
raw materials and manufactured
products We need, and this demand
must needs prosper not only the nine
teen millions OF our people in the man
ufacturing industry. but likewise the
six and a half millions in the railway
industry and the forty-four millions