The states-graphic. (Brownsville, Tenn.) 1???-1984, 1916-08-04

the economic policy, were resolved tt
wage war in complete unity and de
termination in economic as well a:
military spheres. The second was tt
make preparations for the period fol
lowing the declaration of peace in
view of the known attitude and will
of the Germans.
"0ur eyes have been opened" said
the premier, "as to the meaning Of
the manifold ramifcations of the Ger.
man system of economic penetration
commercial and financial control Of
vital interests and the use to which
with advantage, this system could be
put in time of war"
Germany, Mr.. Asquith said, would
be animated with the same spirit when
the war was over. The Germans al
ready were organizing their indus
tries for an attack on the markets Of
the entente allies, he said, and for 9
vigorous, if possible, attack on neu.
tral markets.
The Germans would start with obvi.
Gus advantages, the premier said
through their action in destroying the
works and factories in the invaded
countries, and because of the fact that
they had large marine feet safely
interned in German and neutral ports
it would be necessary to make prep
arations for the coming of the peace
and the resolutions of the conference
represented the general lines upon
which these preparations would pro-
ceed.
Premier Asquith repeated that il
was an essential condition to peace
that Belgium and Sedvia be restored
not only politically, nationally and
automatically, but materially and &C.
onomically, to the positions in which
/ they Stood before the war. The dew
astated districts of France and Poland
would be similarly treated.
AS far as Great Britain was con-
eerned the fnnens for the fnture Agers
very encouraging.
Certain commercial changes, said
Mr.. Asquith, amounted to a revolu-
tion. Theboard of trade was engaged
in a scheme to render the country in
dependent of supplies from hostile
belligerents in respect to dyes, spelter,
etc. The plans for research had al
ready been perfected.
The question of industrial and COM
mercial policy generally has been re-
ferred to committee and the govern
ment was in communication with India
and with the dominions, and the whole
matter of the empires trade policy
would be considered.
The government, added the premier
was in consultation with the labor rep
resentatives with view to thine for
nation of an after the war policy in
social and industrial matters intend
ed to secure fair distribution among
the classes of the results of modern
industry
Premier Asquith said he was under
an obligation to see that thet bene-
fits of the new policy we're apportioned
fairly among all sections of the coun-
try. Labor was not represented spe-
cifcally at the Paris conference, but
the government would consult with la
Dor at every stage of the formulation
an after the war policy.
Reviewing the situation in general
Premier Asquith emphasized two
points. First, the determination of the
allies to obtain reparation for. devas-
tated areas, and second that ''these
resolutions are not aimed at neutrals."
"The attention of the government"
continued the premier, ''has been call
ed to the fact that some apprehension
has arisen in neutral countries, more
especially in the United States, with
regard to these resolutoins-that these
;. That is not the case. The
resolutions might be directed against
resolution contemplates only necessa-
ry measures of self defense against
against economic aggression threat
ening the allies most vital interests,
and in carrying them into effect every
endeavor will be made to insure neu-
trails against suffering"
There was no more hardened free
trader than he, said the premier, but
no one could be blind to the fact that
this war, with its upheaval of social,
political and industrial conditions, sug-
gested new problems and notifications
in the solution of all problems.
Sir Edwin Carson expressed general
of Premier Asquith's state
ment.
Sir John A. Simon, ex-secretary of
state for home affairs, expressed doubt
all the free trade members
in the cabinet approved the resolu-
tons and he warned the house against
being hurried into an approval of the
which might have conse-
luences very different from those ex-
Dected in spirit of righteous indig-
nation with a despicable foe" He al
30 warned the house to do nothing
likely to shift the trade center of the
world from Great Britain, to, say,
America.