The Farmington times. (Farmington, St. Francois County, Mo.) 1905-1926, 1916-01-14

wastefully done than heretofore. There
is a new tone Of efficiency in factory.
in office, on the farm and in the work
Of the railway manager. We shall en-
ter the revised worlds arena better
trained for the struggle than we were
when the former game closed.
United States Horizons Wider
"Our horizons are wider. Names
that were strange are common at cur
breakfast tables. Our relation with
the whole world is more conscious. 1t
is not as strange thing as it was
to many of us who do business across
the cas-. If | am correct in thi anal
the seas. If am correct in this anal
States is greater than it ever has
been and this power is more widely
distributed. The selling power of the
United States is greater than it ever
has been, and this is more widely dis
tributed than ever before The loan
ing power of the United States is
greater than it ever has been, and
this more widely distributed also. The
saving power of the United States is
greater than ever before and more
widely distributed.
"Back of all these lie resources well
developed, but relative to their total
extent almost untouched and the pow.
err and the resources in the control of
a people awake as never before to OPP
portunities which these give them"
AS to the change to come at the end
of the war the Secretary says:
Old Customers Will Return.
"The war order must be replaced
by the peace order, and as has been
said, the whole foreign trade must re-
adjust itself to more normal basis.
Certain good customers, however,
have not bought much of us in the
last year, and their business must in
large part return with wars close.
We sold to Germany, Austria Hum
gary and Belgium about $440, 900 900
in value annually. Much of this must
return with the coming of peace. Our
annual sales to Mexico should increase
by $30,OO0,000 to reach their former
limit.
1--WE are, furthermore, the source
from which purchases for rehabilita-
ton must be made. Already from
both groups of belligerents there is
assurance of heavy purchases of mu-
nitions of peace to Offset, in part, at
least, the sales of munitions of war.
"lf my analysis is sound, we shall
lose the abnormal part of our export
trade and shall fall back to a basis
which we may fairly expect will be
larger than that before the war. We
may keep, if we will, the first place.
1t depends on ourselves. About it
only this one thing can be said with
certainty: This opportunity and the
prosperity affected by it will be just
what we choose to make it.
Must be REIMBURSEMENT
Meanwhile, other enterprises now
in large part deferred by abnormal
export conditions, will come into life
and effect. There must be readjust-
ment from present conditions to flu
ture ones, the stress of which will de-
pend upon the wisdom with which the
present is utilized. But there seems
nothing that threatens the continu-
ance of general prosperity based
upon sound and MISUNDERSTOOD eco
nomic forces. Our merchant marine
is larger than it ever has been and is
Our commerce, therefore,
is increasingly under our own con-
troll, and we may hope will soon be
free from the restrictions which the
necessities of those upon whom we
have had to depend for the carriage of
our goods have imposed upon it."