The Cordova daily times., 1916-02-17
COPPER AFTER THE WAR.

The end of the is yet sight, but end there is going be day, and with it there going to be trade problems but little less complicated than those which arose at beginning of the Already the copper producers are beginning think of these Let it be said right away that the of opinion among them is that immediately after the war going be great demand for copper especially from Germany replace that which has been abstcted from the needs of housng ransportaon etc. The question that Is troubling the copper producers is not how they going to dispose of their copper but how they going to satisfy the European demand
 One of the subjects that will relates contracts that could filled after the outbreak of the that most of the copper producers had previously entered into contracts
 with German buyers for the delivery of copper August Sep ember October etc. of 1914, which became impossible of fulmen We understand that legally the buyers could not such contracts after the is but believe 1t be the intention of the producers to out these contracts possible in all where the buyer within reasonable time has expressed his desire for their cxccution at the price written upon them in 1914 although it is the expectation that the prevailing price of copper will be much higher upon termination of the than was in 1914 Such policy would be inspired by their pride in their American and the traditions of uprigness that there have always been in their business dealings with Europe
 However, there are incidental questions that will have to receive careful consideration before any line of policy b" determined These relate largely to the matter of ocean eghts which have been greatly dmbcl and probably will con nuc to be long after the war Another serious question is that of insurance The waters around Europe will be dan gc1ous from loose floating mines for many months after hoscs have ceased and insurance rates will consequently above the normal Who shall pay the extra charges
 this account? It that this is something that ought to be borne by the buyer
 The matter of freight rates itself far more knottY pro b At present the charge for carrying copper to British and French ports is six times higher than it in July, 1914 Aftcrthc it will down-peraps 1t will start downward before the war is Ovebu it will probably be months before ii is down to the normal lcvc What Is the
 shipper who sold copper at certain price in July 1914, and proposes fulfill the contract in 19l6 or 1917, 1918 going to do about this?
 The termination of the will add to the carrying capacity large tonnage of ships mnobized during the This should tend to reduce freight rates But suppose the German takes hand in the repenislmcnt of th" of riGI yIt h New York and the German merchant marine is commandeered to that particular copper to Germany? What then would be the position of the American producers in filling their contracts?
 These are of the questions that going to arise already engaging the attention of the copper producers They questions that only them but also the in Europe and the steamship companies is not early consideration of the whereby the business is to be adiused