Bisbee daily review., 1916-10-01
THE COMING COMMERCIAL CRISIS.


 The old saving "In time of peace prepare for war with equal force be reversed read In time of prepare for peace" Especially this a com mercia point view during the present While Europe today plunged in the greatest of history pilng up national debts heretofore undreamed of it is well known that all the principals only consider ing but preparing for the great commercial struggle that will undoubtedly follow the cessation of hostities By the development of and enargng markets for the sale of manufactured goods the nations gagged hope recuperae from the staggering financial losses they have sustained That both sides the ic will follow this policy without saying those neutral countries which largely proftng by the sale their products manufacturers will find themselves the defensive and those which have prepared for the coming conflict will be sorey tried is the United States already alarmed at the possibility of Europes dumping large quantities of manufactured goods in this country and con- siderable attention has been given this subject but a tariff legislation could to large extent prevent the possibility of such crisis and this country strong enough care this problem by udicious legsla tion.
 The great danger this county as well as to the other neutral countries from within but with out. While protect manufactures so far the home market is concerned it will be much difficult matter protect them in foreign markets, and while there lots of people who claim foreign trade is not necessary of large consump- tion, such statements made by who do fully consider what they say During twelve months ending December SO 1915 total exports of domestic products and manufactures amounted to the sum of ss4S6O15sSS equal $s426 per capita Of these ex- 4 49S represented manufactured or partly manufactured articles which American workmen had earned Of the total exports, sixtyone per went to the European Allies In addition to this thirteen cent or $45464SSS1 went to British Colonies; thus it will be that markets outside of France, Italy, Russia and England and her colonies amounted wentysx per of $9OOOS4551; therefore on of the markets of Europe and European colonies absolutely essential for the prosperity this country not alone for the manufacturer the exporter but the farmer the aborer and the skilled mechanic They all nseparably bound together and those markets would be felt by all It would than the direct loss shown by figures because many our manufacturers utilize export business to keep their plants running steadily, and without it would be peled to either shut down of the time cura their output by shorter hours of work.
 It is true that when the is ended the vast sums spent for materials will a very great but implements and materials peace will take their place in bringing back normal conditions, the tories of this country really adapted to the manufacture of these than of supplies. It must be forgotten that the United States has largely increased it's manufacturing capacity and it would be the part of wisdom try and keep going limit when conditions change.
 Surely it is high time for American merchants and manufacturers and for lawmakers to take notice the handwriting the wall and take immediate steps to safeguard not only the foreign have secured owing to the war, but the foreign enjoyed even before the Shortly it will be late and shall look back try and discover why blind. Commercial preparedness" nothing and it is very useful thing to have when needed