The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1916-04-19

F'- Wv
I letter To- the trade. e copy of whici
'Dmo tu Albuquerque yesterday. who,
grim possibility concerning ti,
which this nation may have I,
pay fpr its surge Of prosperity
rs It not time. concludes this let
Ter, 'loi cach man, whether he .,
Iaboriug % merchant manufactur
Pr pr banker To- push some plan. poll
ties be hanged, Tor preparedness.
against the %icalousics of other M.
ions goo
There may he politics in tha
concluding question and there may b,
the e q of business AT It's wi
-%tupendous and sudden expansion
There may be complete sincerity. 4
my rate, out of the mass of warnin.
letters hat clog the motninI
mail Of almost every merchant thesl
this n is particularly strikin,
n the array Of facts and prediction
presents. It follows
"April 10, ia16.
Gentlemen
Following close upon the heels
of an increase in untitled tonnage
for March of 162.03t tons report
ed by the United States steel cor
poration, which makes a total un-
iilled tonnage of o,ct nine million
tons-thc largest figure ever re-
ported by the OBSERVATION-DISCLOSURES
a notice Of an advance Of 81 per
ton on rails TO take effect MAY
LIST.
1t IL an undcnisDl e iact that
the law OF supply and demand
VIII soon create a condition ~
the steel industry IN which the
purchasers Of steel will establish
a far higher price level than that
which now prevails. The steel
mills of the country are terribly
C~ongcstcd. some on account OF
shortage Of materials. som. on
account of labor but mono on a.,
count of a shortage IN order
booked. for ther. j. a world shor,
w OF iron. steel and Their prod.
ucts which opportunities 10000
- tons.
The productiS. ,ipusity ct the
United states IN IRON aud steel
j. about $1,000. 900 tons . ycst.
and So. because II he fact tina.
the world, excluding the warring
nations and the United states.
has bought no metal for the last
eighteen months. aud heoaus. it,
supplies ate exhausted and It's
former sources OF supply closed
to u. because of all these facts
We say thai, If the United states
should double It's outpu' th,r.
would still be. for several wears to
come. a serious shortage Of metals
IN the world.
stop and think what that
means The already high prices
IN many lines viii bc forced much
higher: labor viii D.. at "A pre-
MUM; the search for materials
viii drive the buy crs TO desper-
alton; the costs 81 production will
soar To undreamcd .of figures. and
to what end what advantage
shali We gain IN payment for the
Herculcan task Of supplying the
word with It's needs? Tn. an-
swcr IL that the United states Will
emerge from this period 81 bust
ness endcavor as the banking
house, warehouse and Workshop
of The world as the financial. IN
dustrial and commercial center of
the earth"
Then follows the urgent message o.
preparedness quoted at the begin
ming,
Is It likely to he true that we WI
emerge from the period at world wa
financial commercinl and indus
center Of the earth-and tina
We must pay for that proud possessio.
me- grim price indicated
The question tx an urging TO reed
md Keep IN mind the mote thar
solemn statement of Pres,
Wilson IN ms speech last Thurs.
lay night:
This country has no time, u Is not
low H. the temper to listen g. the yio.
ent, To the passionate. C., the ambi.
ious.
This country demands SERVED
j. essentially and fundamontau,
partisan Some gentlemen viii
earn this soon some Wall learn Q late.
,ut they viii all learn d so thorough.
y that II viii be disestcd Thus roun.
~ demands at this time as q never
Ia before absolutely dis Interested
md nun-paTtisan service.
Gentlemen are yuu ready Tor M.
est God forbid thar We should ever
'ec"mc directly OF ind rDOtiy en-
rolled IA quarfels not ut our own
hoosing ana that DO not AFFECT what