The sun., 1916-12-30
DOUBTS ECONOMIC
WAR AFTER PEACE
O. p. Austin Tells Scientists
Allies Paris Conference
Will Not Hold.
SEES NO DISASTER HERE
Only Danger IL That America
Will Become a Dumping
Ground.

One Of the big topics before the science
congress W ~ international trade after
the war. o. p. Austin. statistician OF
the foreign trade department Of the
National City Bank. discussed II before
the section on eocial and economic
science yesterday afternoon In Columbia
University.
international trad after the war;"
he said. "wili In my opinion be quite
similar to the international trade before
the var The underlying principles
which have forced the countries now at
war to build up the great international
commerce which they have spent a GEN.
tury in developing will still exist. and
the recent interruption will not prove
permanent"
Nv. Austin does not believe that the
Paris conference wherein the Allies
agreed TO nght an economic war after
the present one you'd hold. He cited
figures Of exports and imports Of coun-
tries that had warred with each other
and showed that following every con-
nitt the international trade had been
kTedteT. Tic gave the lpTelku lTiue HN-
ures OF the European nations now at
war, amounting I o $4,000. 900. 900 worth
OF merchandise yearly. and asked
whether all these trade advantages
would be deliberately sacrificed after the
war. lie said that the manufacturing OF
zach belligerent would be greater after
the war. hut uttered Q grave warning con-
corning America as n dumping ground"
He said. however. that nome OF the bel
ligerents had any large amount OF goods
TO dump even should the war end now.
4. =. Better After Peace.
AS for ourselves" he said. I'VE shall
doubtless do somewhat better than be
fore the war. Europe will require from
us large quantities Of manufacturing
material and n temporary increase IN
her normal takings OF our manufactures
and We shall retain n res sonable per
centage of the gains which we have
made In South America and other neu-
trail sections OF the world. though this
will depend largely upon the willing
ness OF our manufacturers to foliow
the custom OF those in Europe by maxi
ing goods to suit local markets and
selling them upon longer credits than
those VIC formerly gave. But those who
expect the retention of any large pro-
portion OF the gain which we have made
In exports or o for a large reduce
ton IN the manufactured exports of
the countries at war will. TO my mind. he
disappointed"
Eugene Meyer. Jr.. banker. also said
hat peace would not bring economic
disaster TO this country. He said, how
ever. that the country needed n ma
tionai council, for commercial defence.
A lancer symposium was held in the
afternoon tnder tho auspices Of Section
X OF the American Association for the
Advancement OF Science. Its purpose
was 10 bring before the public the estab-
lished facts about cancer and the neces-
slty OF early treatment 10 insure cure.
d.. James Ewing OF the Cornell Uni
verslty Medical college sai that radium
produced very important palliative re-
suits in advanced cases OF cancer and
has even. In q considerable number Of
advanced cases. apparently caused a
complete disappearance OF the disease,
vet It cannot be relied upon to effect
a permanent cure In the late stages Of
inoperable tumors He therefore en-
phasized the Importance OF early dag
rosis.
Cancer Caa He Cared.
DR.. Joseph C. B~loodgood OF Johns Hop
kins University said that cancer in It's
early stages 10 easily cured. mo man."
he said. ever q a cancer without
first experiencing some warning. The
aefect may come from continued smoking
o. an irritation from ragged teeth. The
probabilities OF n cure are excellent when
men heed such signals"
DR.. Harley Stamp OF the Laboratory
for Research in Blood Pressure Of the
University Of Pennsylvania read a pa
per before the American Anthropoiogicai
Association saying that tuberculosis can
be detected by blood pressure in the
initial stages long before there are any
other signs.
Mrs. Elsie C1eWs Parsona, wife of
Herbert Parsons, rad q paper before
no same association telling about the
"substitution of animals for msn in me
negro folk tales"
In III auditorium Of ne METROPOLITAN
Life Insurance Company tho section on
social and economic science held Q meet
INK yesterday afternoon to discuss life
insurance problems. Haley Fiske, vice.
president OF the Metropolitan Life, talked
about life insurance az "A basis Of econ
omy. Other speakers were Robert Lynn
Cox. general manager OF the Association
OF Life Insurance Presidents, who dis
cussed recent developments in the life
insurance Aeld DR.. Eugene L. Fisk, d.
rector Of hygiene OF the Life Extension
Institute; Prof, s. s. Heubner of the
University OF Pcnnsylvan mia. who advo-
Gated 4 war risk clause in all Ameri-
can policies; DR.. Louis l. Dublin, stats
tician OF The Metropolitan Life Insur-
anc0 Comnany