Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1916-10-14
Republican Standard Bearer
InyadeS Missouri and De-
votes Most of Speeches to
Tariff Legislation,
SEES GRAVE DANGER
AFTER CLOSE OF WAR
ropean Labor and Finance
to Be Modified as Never
Before for Control of Worlds
Commerce, Is Prediction.

NV SaSSisa JoJRrAL SPECIAL LEAsso wIss
Joplin Mo, oct, 13.--Charles f..
Hughes today took his campaign to-
Missouri the fourth OF the states that
skirt the so-called solid south to be
visited on his present trip. Save for
one stop ut Springfield, the entire day
was spent travelling The NOMINEES
reached Joplin tonight and addressed
an audience in big tent, making his
chief theme the protective tariff.
Mr. Hughes told the crowd that tho
present prosperity Of the country was
built on sand, that the intoxicated
fancy may indulge happy dreams. but
the sober thought of the country is
directed to the day when this stimu-
lant-the European war--will be no
longer available
Scores Democratic Policy.
lie referred to those who are seek
ing to make political capital out OF
our present war prosperity" portrayed
in detail conditions as he viewed them
in The United states when the war
shall end, and assatled the democratic
tariff policy as a policy which means
idle plants and impoverished work
men"
At Springfield. ana again here to-
night. MIR. Hughes assaled the admiu-
istraton for the enactment Of tho
Adamson law.
What are real laws" he asked.
Real laws are passed after inquiry
with some understanding of the justice
of the case. with some idea Of what is
involved and ought to be done. Shall
laws be passed under duress? | am
gtf. Ia. t,,t q I,Is
government by hold-up, and | am for
government by reason and fairness
Prosperity Now Unhealthy.
mo thoughtful American can view
our present economic situation with
out serious apprehension. We are un-
der the unhealthy stimulus of the Eu
ropean war Hopes are raised which
cannot be fulfilled. our present
prosperity is built on sand. our trade
Is not determined by conditions OF
normal competition. but of an abnor-
NAL European want.
Munitions of war arc but a fraC-
ton of those suddenly expanded ex-
ports. Everything we produCe-food-
stuffs, metals, manufactured articles
of every sort-Europe puts forth her
hand for TO fiji the void created by
her extremity The resulting employ
ment Of labor on an Unprecedented
scale ana increased purchasing power
stimulates trade throughout the coun-
try The intoxicated fancy may In
dulge in happy dreams but the sober
thought Of the country Is directed to
the day when this stlmulant Will be no
longer available"
you cannot have our exports sud-
dcnly jumped hundreds per cent, in
some cases thousands per cent and
ignore either the cause or the effect
of its removal
When War is Over.
"What will be our condition when
the war is over? In the first place, a
large amount Of labor employed at
high wages will lose that employ
mcnt. The demand which 1t is now
supplying will cease The mere stop
page Of the manufacture of muni-
tiOns will mean in itself a serious
change in the opportunities of labor.
When the millions of men in tho
trenches return to production our ox-
ports of manifold products will fall
off tremendously even as they have
risen tremendously
Think of the percentage OF Amer
lean labor now prOfitably employed in
making Europes necessities createp
by the existence OF war. What will
occur when those necessities no longer
exist The labor now devoted to that
abnormal demand must compete with
the labor satisfying the normal OPP
portunitics of American trade. The
change will be reflected in diminished
power
Cause for Serious Thought.
% do not desire to exhggerate.
iIh.Tt ir "a OH 1RFtnFIg
thought without eXaggeratiou. Amer
lea with Europe at peace will not
have the opportunity Of Europe at
war The difference will be most
scenly felt.
eve shall not simply lose opportun-
tiles for labor. We shall have the ac-
tive competition resulting from tho
resumption Of foreign production.
That production will be more skillful,
more intelligent, better organized, in
every one of the foreign nations now
4t war than il cycr has been before
Nations win not only seek to protect,
SO far ass possible, their economic in
dependence, but they win seek our
markets II is fatuous TO suppose that
he wastes of the war will incapaci-
tate them for efficient production.
Greater European Efficiency.
Despite The losses of war | believe
hat each Of the belligerent powers
has vastly increased efficiency. The
lessons of war, OF discipline, Of pru-
dent management of resources. of CO.
operation IN economic needs of inn
proved processes, of methods of or
win not he forgotten. War
factories are established with view
II.
factories Thus, as recently stated in
4 bulletin of the chamber of COM
nerce Of Paris the large war factor
cs i'm the neighhorhood Of Lyons, st.
IGienne Roanne and AnnonaN, will
be- after the war converted into works
'or various manufactures. Engineers
md workmen now making explosives
viii be able With the same machinery