The Alaska citizen., 1916-10-30

No sane man doubts mat tue toit ing of peace in Europe will modify profoundly the present conditions of business enterprise in the United States
 Among economists. as well as pub licists. opinions differ as lo the eN- tent to which the industries of the nations now at war will be re-ener. gized when peace makes them again our competitors in business. Some oI our prophets have brOadcasted the prediction that European manufacture may then be so speeded up that the resulting flood of products will swamp our industries unless they are pro tected by a solid tariff bulwark. 9th CTS, including President Wilson, hold that America. having husbanded and conserved her great resources while other nations were passing through the travail of great war, is better able than ever before to meet the pace of her international competitors.
 President Wilson believes that the American position is sound not only because our resources have not been impaired. as have those of the Eu rOpean belligerents. but because our manufacturers have been stimulated and trained by the new demands the war has made upon them. They have learned to meet. not only the war needs of Europe, but also those wants at home which heretofore for eign industry satisfied for us. Final ly, the President attaches great i'm rortance to the fact that the United States has become, by reason of the Federal Reserve Act. the great fnan cial power of the world.
 keen-minded men of every view point are agreed, however as to the American industry and as 10 the ne cessity of preparation to meet these tests. A period of intense compet- ton looms up ahead of the nation 6 competition Of peace times which probably will not be comparable 10 ..ny international industrial competi tton the world has ever known.
 ,I,.., palatioa for national defense is the tust and most essential requirement. he government is called upon To meet This he regards as d sort of Insurance against an irremediabl" Conhaeration. But once our house has been put in orrder in this respect as he HOW believes has been done, il becomes the paramount duty Of the government to Set to Il that the most efficient preparation possible IS IaGe for the peace which will liber ate the energies of the European pow CTS for industrial activity. MT Will son already has looked ahead to the manner in which this primary duty of the American government is to be Lerformed, and he has evolved a comprehensive plan of preparation. IL is the privilege of the writer of this article to present from intimate Knowledge the views President Will ~on has formulated with the object of giving new and fuller meaning 10 american efficiency.
 As soon as industrial preparedness is mentioned the mind of the Ameri- can business man turns to the tarltt The tariff is the first line of trenches of American industry, our business men believe, and the first duty of the government officers at work upon an adequate preparedness policy is } consider the question of tariff rev- sion Neither the President nor the well-informed business man has ig- nored the lesson contained in the an nouncement that Japan already has revised her tariff to meet new COndi- tons: that England is preparing to enact prohibitive duties upon the pro- ducts of her enemies and moderate duties upon the products of neutral nations and friendly nations at the close Of the war; that Germany will revise all of her commercial treaties in 1917 and that a strong sentiment exists in England. France, Russia and Italy for the negotiation of a commer- cial alliance.
 THE TARIFF MUST BE REVISED.
 President Wilson considers himself bound by no commitments save to a competitive tariff policy. The Under wood Simmons Tariff Law embodied his ideas of the competitive needs of our industries at the time it's sched- ules were framed-when pre-bellum industrial conditions obtained. His mind is entirely open as to the extent to which competitive conditions may have been modified by the European