The Washington times., 1915-11-04
TWO OPPOSING. THEORIES.

There are two diametrically opposing
theories AZ to the industrial. economic
and Samigration conditions that Will
follow the war. One 10 that:
Emigration TO the United States will
be greater than ever.
Industry in Europe will recover slow
~ and there will be q long stagnation.
Prices will be high and labor cheap.
Opposed to this is the view Of people
who believe Europe will set feverishiy
about repairing the ravages Of the war.
and that governments will make hercu-
lean efforts TO provide credit on which
to carry on these efforts. They be-
lieve:
That for a long time immigration TO
the United States will be very small.
That European industry will demand
all the labor that can be had.
That prices will be high for both la
Dor and its products.
That governments will make de-
termined effort to prevent their pcop,c
emigrating; partly because they VIII
be needed for the tasks OF restoration.
and partly because the shadows Of an.
other war fall athwart the very peace
council that ends the present struggle,
and hghting material will be wanted a
home.
III
United States will be affected profound.
iy. whichever Of these general viewl
is correct: and further, that there VII
be wide difference between the enecti
Of one set Of conditions in Europe. and
the effects Of the other set.
Several millions OF workers. with.
drawn from producing. will be returned
to 1t In . short time after the Wal
ends. Will Europe have york fol
them? viii II be able quickly to re-
- mi n n
and find financial support for the ne"
order?
Land Tenue an Influence.
At the end Of the American civil war
. like situation was presented. and on'
Of the wonders OF that struggle VA
the promptness with which the either
armies were absorbed back into thu
body Of the population. But It 10 point
ed out that the states .a at ,nan that - tm. 2,
homesteaded. and these absorbed tn
discharged soldiers. Europe. outside
of Russia. has not the lands. and Rus
sian lands are held by tenure that u
not likely to be quickly adjusted !.
Therefore the general expectation tina
Russia at least will offer a large emf
grafton to the United States.
With the other, countries condition.
systematically organizing to meet con
ditions after the war. to hold her peo
Pile. and to restore industry and com
merce. Germany possesses the mos
effective system for doing this. whil
France has the most poyerfSi sent It,
thing. The French people are no
emigrants. They prefer France: The,
will be needed there. because Franc
will have the greatest task OF res
tosation.
Italy is a poor and populous country
1t has not land. as Russia has. nor tn
highly organized industrial system tha
Germany possesses. It's people are no
averse to emigrating as are the French
rather. In the last generation the
have emierated in vast numbers.
So It is commonly believed that Rus
sia and Italy will be likely to offer
large emigration to us: that Franc
will not. because her people Will war
will Oe able to finance plans for EN-
lploying them In the tasks OF restora
ltion. There remain to be cons,dere
Austria. Great Britain and Germany.
Conditions In Austria.
| Austria IL represented by a great nu
titude Of her children already In I'll
United States. The country has M
the industries nor the wealth nor tn
economic organization that German
possesses, with which to keep hs
people at home through a trying perio'
Consequently It Is predicted that Ru!
sia, Italy, and Austria Hungary vi
have the greatest difficulties keepin
their people at home. II the Unite
states doesn't want them to come hei
there will very likely be need OF ne
regulations to keep them out.
With Germany the question Is dine
ent. Her Industrial organization Is n
finest: but her foreign commerce ht
been destroyed. 1t has fallen into ne
channels: British. American. Dutc
French, etc. Whether Germany will
able to resume her former relations
markets all over the world. to take n
ships out Of intarnment everywhere.
restore her finances to the worlds go
basis in place Of the paper current
sho has been using during the war. Ia
! complex of uncertainty involving que
tions that nobody feels able to answs
Not enough Is known about present 4
ternal conditions Of Germany: still les
can 1t be conjectured what those CO
n ditions may be when peace shall com
' perhaps years hence. With peace r
stored today and Germany getting I
0 IDENTITIES. she might be able to ST.
back very soon into her important p
sition But with peace postponed a ye
NO