Pine Bluff daily graphic., 1917-12-12
U. s. LOOMS LARGE IN
 HUN AFTER WAR PLANS
This Country Prominent h Al Economies Discussions fer
 Future ky Enemy.

Amsterdam. November, 3v.-(Cor respondence of The Associated Press} The United States assumes an as- tonishing prominence in all German discussions of industrial and ecoao- mic conditions after the war. Sel- dom, if ever, before in European his tory has an outside power been 50 unanimously conceded place as q determining factor in European af- fairs. Thus, an article by Professor Franz Eulen burg in the Review Vel. thandel although dealing solely with probable commercial conditions i'll Germany after the war, finds them largely bound up with the possibili- ties of American workers. and the article is filled with refefe to the United States and it's commercial future as. vitally threatening Ger many.
 Professor Eulenburs believes that the nardships and privstions which the German people have endured and the discipline which they have learned, have created in them cape which will be their greatest asset in the rebuilding or Germany after the war. ana will re their sreatest ad- vantage over .'less well-disciplined people" like tie English and the Am erican. Discipline and rigid econo- my, he declarcs, will be tho chief requisites in the great world task of restoring prices to normal levels.
 "one of the greatest problems af- ter the. war will be that of prices" !" he says. For Germany it will be a question of lie ;nd death that prices shall fall a2ain frcl-a tae dizzy height which they have now attained
 After the war tas level in prices in the world-market generally will remain high, not only in Germany, but all over the world. ..'he causes are not the same everywhere In the neutral countries and the United States. it is less the Shortage of
 goods than imitation that has let to the dearness of everything. In some cass these countries are actual ly swimming in gold. and this neces- sarily involves its depdeation. It comes to the same in the end. how ever. whether the cost of production is increased for this reason or for fore. continue to have high prices for a considerable time after the war and there. too, people will have to make up their minds to permanent rising of prices.
 "In addition, there is special ob- stacle in the difficulty, of procuring labor. It is clear that South Ameri- ca. Eastern Asia. and the United States after the war will have level of prices similar to ours. In these countries also tho cost of production will continue high for similar reasons to those cited in the case Of Germany. The United States will for long time have to do without the stneam of workers waich yearly flowed into that country. Labor in the cotton, wheat and mining dis tricts will be scarce for years. and for that reason wages will be high. In view of the general scarcity of and demand for raw material. home
 prices for goods will also remain high.
 "The cost of production fer mann.
 factured articles in England. the United States, Belgium and Switerz
 land. will not be appreciably lower
 than in Germany. Thus tho competi'
 ton in prices by the manufacturing
 countries appear to be practically
 on an equal footing. Even Japan
 will not be able to offer her manu
 factures at the low prices as to flood 1 the world market.