The sun., 1916-11-05

preparation we must see TO II that we
have the highest talent and the best
available ability in charge of these great
Departments Of the navy II of war
I want to see every penny Of the public
moneys wisely expended so we may have
the equivalent In proper equipment, in
up to date equipment. We need proper
organization.
I'VE do not want simply to spread OH
paper, as I have said, all that Is done.
We wnnt the real thing, not for agrees
sion. not for threatening. but III order
that In all emergencies OUR national lie
may be secure and that when we AXE Il
position before the world In defence of
our just rights we may be sure that the
validity of that position will be recos-
ni9ed By other nations.
Views o TsriR.
81 think the American people ore
abou, to record their dissatisfaction with
the state Of our Industrial preparedness.
I think they are alive TO the very serious
situation In which we are placed AT this
time. II will not do to make light OF IL.
II will not escape attention by various
administrations and destructive criti-
cisms with regard to American business
men. l believe that American business
is sound to the core. and that what We
need TO dc in this country Is not TO
cast suspicion and TO make unworthy
detraction with respect to American
business men, but in every possible way
TO correct abuses and TO get behind
honest business to the end that In the
twentieth century the United States shall
take the place In the commercial world
which It's talent and resources entitlc
II to take.
EVERY sober student Of our affairs
must understand that at this time We
are In n very unsatisfactory condition.
We know that the prosperity which We
enjoy springs from the abnormal de-
mands created by the European war.
No one can fail to see that these great
armies on tho other side are made up
Of men taken from every productive en-
terprise. taken from shop and factory,
from office and store. III order that
they nigh fight for their country there
was created n great opportunity for
American enterprise. our exports
could not leap nearly two billion dollars
In "a single year without giving an ex-
traordinary stiinulus to American labor
throughout the country. without de-
veloping many opportunities which
would not otherwise exist.
NO thoughtful man can suppose that
those opportunities will outlast the war
lIldN ~ w ttSAh w 's'S $3.50
suppose that these men who are nov
fgnting In the trenches-when they 60
back to work that We shall find the
chances for American labor that We now
enjoy. Labor is doomed to have a seri-
GUS disappointment unless IT IS proper'!
protected.
"The hopes ~ American enterprise
so fu- as they are based upon the Euro.
pcan war cannot fail TO be frustrated
aha. sNAN -.,ar - e. tic ptnS. ri
what sort Of suggestion do We have
from Dur opponents when we direct al
tentt1n to these matters? In the frs'
place they affect to make light OF the
situation. They speak OF the alertness
and resourcefulness of America and seen
To believe, or to be willing to nave others
believe. that we are not In any danger
from serious competition from n new
Europe arising from this contest o. cou-
duct It's enterprises OF peace.
None Deceived.
NO one can be deceived 10y remark
Of that character. We hnow that IN tIC
other side the raw materials are uu.
touched practically by the war. W,
know that the Industrial plants are yir'
tually Untouched by the a We know
that in Ireat Britain. "" know hat ir
';ermary and in .Austria-llungary anC
e. Russia 'he Industrial plants have not
been affected 10y the wa.
1T IS only in q very snail area =
Belgium and northern France where i've
dustria, plants have been affected oS
tho wa. on the other hard, great
plants have been established these
plants are readily changed into naBufac-
tur ne products FOR CONSUMPTION IN time
Of peace. The nations abroad nave care.
fully planned and are now IN tho midst
OF their great strife planning for IN,
days OF peace. to secure in every way
the u!ghes. industrial efficiency, and
would hay" great efficiency and 70
sources II peaC- were az unce resumcd
They would nave resources In materials
and men equal TO those wh.ch they hat
at the beginning @. the war.
The increase in the number OF those
men coming into Industrial age exceeds
the number Of those who. according tu
the most trustworthy and reliable stats
ties. hay" been killed or permanently dis
ahlcd. II IL d dream. this idea OF the
p~ermanence OF u prosperity unless Il IL
properly ~safcgusrded by adequate ma
,loral policies. Every nation abroad is
looKirz TO the time when II will project
its own industries and safeguard it, ow u
activities II will attempt IN push T.;
surplus produces into American markets.
what Is tho Cuitcd States to 10"