The Nome daily nugget., 1915-12-04


 elll not only be abe to undersell Us n our own markets but also in such ereigp markets as We control. There ore il seems certain that We are very likely to lose those markets.
 Of course We will retain a certain portion of the trade because of con trolling the raw material supply in =ertain lines. but the rest of the trade we will probably lose. But. worst of all, the European manufacturers will attempt to undersell us in the United < tates. we are told They will invade sAe country with torrents of manu. iactured articles produced at prices ,lat We cannot touch. They will at , -mpt to literally swamp us with every taing from textiles to china at prices Lat will be impossible to meet. h. Iced, the necessity of paying the inn iaense obligations owed to us for war munitions and other material will com
 Fl them to this course in addition to ne vital fact that the purchasing DOW I. of Europe will be greatly curtailed
 specially in the matter of luxuries. Everything aside from the bare neces- s-ties of life will find little market in
 urope as the major portion of the people will be driven to the strictest leasures of economy. Thus America fill be practically the only great cash .larket in which the products of Flu opean mills and factories can be sold nd there will be one tremendous .cramble to see who can get there rst. This great competitive race will l ave, according to the wise ones, no 1 ther effect than to cause America to eeome the battle ground of the great
 yer known. Goods of every character ill be bumped upon our markets at
 rices far below the cost of local pro- .uction; our manufacturers will be reed out of business by ruinous com
 eution; our commerce will fall away the bare distribution of raw ma sIIal and hundreds of thousands o1 eople will be thrown out of work. h tct industrial and commercial disaster ill follow unless adequate measures le taken to guard against these woe Il possibilities. Hence the rise of this CIV cause of alarm; this dreadful bug boo which comes like Banquo's ghost disturb our dreams just when we ..s.re settled down enjoy our new found rosperity begotten of blood ana .,ounds and death. It's an infernu name. Isn't it?
 High tariff, you say? Yes, true. we -.n put up a high tariff fence and so yrotect our home market. But that yon't save our South American trade any other outside of our own boun .aries and in addition it is, according -o the financial nigh priests, almost dre to cause us a lot of trouble with Ae nations who owe us millions on millions of dollars in debts for which e have no other security but their ..otes-which can be easily repudiated ad, then cannot be collected save at .Jst in blood and treasure far greater .aan the debt itself. Truly, if the
 rophets are to be believed, we have .nwittingly got ourselves into dickens
 a mess with our greedy trafficking. However, it is pointed out that we | reliability by the simple process of l 1oycotting foreign made goods. Not f course. national boycott, insti- uted and recognized by the govern lent but one undertaken and carried ut by the people themselves--by the imple process of refusing individually 0 purchase foreign made goods when like commodity of domestic manu- acture is to be had. We are almost ure to lose our outside markets for manufacture. That cannot be helped, ut, we can save our home market by blowing this course. In addition we an give Q greater economic strength the nation than it has ever pos essed before by spending our money home for home products and manu- 'actures. In some quarters 1t is held hat this will probably compensate us or all monetary loss incurred by the rabbing of our foreign markets by European competitors.
 AS remarked before, there is always omething to worry about, but we can void whole lot of worry by adopting he policy of spending our money vhere 1t belongs-at home. Amer ican goods for American people, and Patronize home industry" should be- come the motto of the nation in such