Evening journal., 1915-10-12

6sNHE only thing that has saved the United States
from commercial bankruptcy has been the Euro
pean war; declares a leading Illinois manufacturer
who has recently returned from England and Germany.
Remove that cause and the manufacturers Of The
world viii make America the battle ground of the
greatest industrial war the world has ever seen"
The earning capacity Of the 1OOOOOOOO people Of the
United States represents purchasing power greater
than that Of any two other nations Of the world put
together and the of living which they have
become accustomed makes that purchasing power po-
tentia under normal conditions Surely such market
is worth striving for by foreign competitors, even
under a protective tariff And under a Democratic
tariff the domestic market far industrial life
is concerned becomes well-nigh gift mortis to
our foreign rivals.
The Illinois manufacturer goes on to say "A month
two months-after peace is declared in Europe will
President Wilson and Congress IN state Of panic
due to ruinous industrial conditions army of
who have been engaged in the European war Will
be available for the peaceful industrial pursuits of
these countries. and they will be Wiling forced to
give their services for even less than the meager
pensaton they received before the And not only
men, but thousands OF women. add TO the compet-
ton which American labor must meet It must be re-
membered also that the purchasing power Of Europe
viii be curtaed especially in the matter Of Injuries
Everything the bare necessities Of life will be
great extent unmarketabe in Europe and will be
dumped upon this country Dress goods, textiles of
nearly every variety that by both sexes jew
elry china and a thousand and one articles Of similar
viii be shipped the United States under our
extremely accommodating Underwood tariff America
will be great cash market Of the world and there
will be a tremendous scramble the part of every
European nation 20 which get here first
or course this prophecy is based the possibility
Of this country being cursed with Democratic admin
istraton at the time peace in Europe is declared.
According to this manufacturer, the great industrial
plants in Germany all being maintained in such
condition and such state of organization that if peace
declared tomorrow they would begin with double
shifts TO win back their temporarily lost industrial
supremacy Products of many plants are being stored
in anticipation Of resumption Of commercial activity
after the Ocean transportation difficulties have
largely shut off the expectation Of certain articles from
Germany. Sweden, Norway and France, and English
plants getting the benefit This explains why our
importatons Of china. cutlery and textiles now
coming so largely from England.
"what does this signify to the United states?" he
was asked. "You cannot too strongly impress upon
ropean factories begin to dump their products in tn,
United States" he replied UNLESS conditions fore
seen and a tariff barrier erected against the influx
European manufactured articles this country will OK
perience a period OF hard times, financial depression
business failure and suffering the part of grea
army OF wage that will make previous period
OF Industrial stagnation resemble of compare
tive prosperity"
in other words the Republican party must be dele
gated to attend TO the situation in business-lk
manner unless the Democratic party itself
the tariff question and enacts a Republican tariff.