The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-08-30

in hardware and other lines. The
statement Of one New England manu-
facturer Is echoed by others
For the last few weeks the orders
and Inquiries that have come to us are
more encouraging than they have been
before for "A long time. and we have had
some promise OF getting "A certain export
business which has perhaps gone to
other countries In the past
THE hardware trade is in better
shape to-day thar It has been for "A
long time In the past. Unless the un-
foreseen occurs the trade of the oominL
fall will be large and profitable. The
money that IL coming Into America will
not all go to pay debts or be boarded
In saving banks. a fair portion OF It
will be used in buying goods for home
consumption and for shop and farm
replonishment even for the purchase OF
what the farmer and the mechanic OF a
few years would nave regarded as
Injuries"
A man who is in close touch with
many concerns engaged in the manufac-
ture OF war munitions made the follow
Ing statement. with some suggestions as
to the possible effect Of the present boom
In munition business
During the last fiscal year our ex-
ports were In tho neighborhood Of s27.-
100000. For the first ten months OF
this year they were ~s20,664.S39, and the
crest OF the buying has not yet been
reached. orders are OUT FOR which there
are no takers. Many plants are making
machine tools now that never made them
before. Contract prices cover overturn
OF equipment. new equipment, every
thing and II looks now as II we might
AVE two more years of IL.
Now what about the new equipment
when the war is over? What about the
plants hat have converted their ma
chinery into munition producers? what
about the manufacturer OF metal IN
Canada? They are beginning to smell
over there now. something that they
have always relied on lis to do. What
VIII Europe do with the vast quantities
or machinery that are being shipped
abroad and that will he in good condition
after the war ends? Is all OF this ma
chlnery sent to Europe to be %crapped .
Are our own new factories to he torn
down and their qu.p ment sent to the
)unk heap? And here is another thing :.
what OF the thousands OF women who
nave become Industrial operators IN Eu-
rope since the outbreak OF the war;
Many Of ihes" women are going 10
remain in Industrial life. They and the
men are going to be willing TO keep ola
working. and with the release Of the
nghting mon the labor market viii he
oFuSged. The European manufacturers
are not going to scrap their machinery
Ihey viii convert IL to peaceful uses.
That means that We must be on our
guard here Gains iinportd,ions of
chedpIy produced manufactures tina, will
tax our ingenuity to the utmost. on,
own manufacturer are not going 20 be
any more willing than those abroad t.
tFAI their rtN HHUftn..Ls .
in'ure condition that warrant serious
nough TIL" possible effects upou this
country are simply Iu,a,cu.a.,
ALVIN I. IINDLrl. editor # TN.
Iron IDc:
steel companies are operating AT
nearly ulr capacity. with exports max
ing UP nearly - pr cent. Jf tile total,
ana leaders ~ the industry count On
the projection OF present conditions some
distance into 1915.
The beginning Of tn" war found the
steel trade ~ this country depressed
ana that depression was intensified in
the carly weeks of the war. Now after
"A year the expectations ~ our steel
manufacturer are more like the carly
prophecies ~ a var boom that WAS to
com" IN part from the orders Of cuuu-
trles germany. Great Britain and
France had been supplying but to-day
these expectations have good fuunda-
tons. albeit our trade with neutral couI-
tries has not reached the level OF first
hopes. II IL noticed. too. that the ste
Industry Is less inclined to borrow
trouble over what might happen I'm case
of a sudden euding Of th, war.
w 4 the same inadequate. tariff
or one year ago and it j. quite certain
tnat German steel. travelling on the line
or least resistance, would : elk an out
let here were the war ended. But such
a contingency does not enter into the
steel trades reckoning for his year.
There is a general belief. moreover. that
when the tarin IL oyerhauied, as IL must
he for revenue =, asonS, Congress viii
be found more amerablc to redsou Oh
certain Items NJ the steel schedule
those that werc cut deeply or abolished
entirely as a sop 10 the farmer or as
a punishment To- present day steel manu-
f~acturers for the sins Of the steel pools
that have long been out Of usiueSS
1T would he uuwis" To ignore some
things To which our war prosperity Is
not an offset. The high cost of living.
labor. has not been cured. Labor cost II
rising again. aud the wastcfulness Of man
ufacture involved in war contracts Yield
ing enormous profits VIII plague makers
long after such profits have disappeared
The expansion Of our export trade is too
largely due 10 the war to warrant the
claim that W. are yet moro than oppor-