The Alaska daily empire., 1917-03-05
UNBRoKEN PROSPERITY IN SIGHT
lCincinnati Enqulrerl

Notwithstanding a lessening in orders from Eur ope for munitions of war the bank cIearngS oI tne been no dminution in the volume of business that Is being done. It demonstrates that We are doing great domestic business and that there IS no reason fear serious depression at the conclusion oi INe war.
 The repor; made by the American Industrial Com.
 mission of jts survey of industrial and business dtions in France contains great encouragement for American manufacturers and exporters. While the de- tailed findings of the commission have not been made public. enough has been disclosed to show that thls country will have large share in the rebuilding or American industries. %
 The deplorable condition in which France, as well as the remainder of Europe, will be after the war IS shown by the statement that in one section of France alone more than 400 factories have been utterly de. stroyed These establishments have been denuded of machinery, tools material and building equip ment Restoration of these factories will unQuestoh' ably involve the of American capital and probably of much American material. The French Republic shows disposition to court the favor Of this coun- try which was well evidenced by the fact the Ameri- commission went to France at the special inYi- taton of the French Trade Commission.
 Inquiries received within the past week from RuS- sia for steel products other than munitions or war show that that country is taking forward look, and the indication is plain that with the termination or the there will follow enormous demand for Amer can material and supplies from the land Of the Car
 It must be taken into account that the efficiency of labor in Europe will be seriously affected re- suit of the war While women workers at the pres ent time are carrying on the work or the mills ana shops after fashion, they cannot be depended upon to do diversified manufacturing in competition with this any other nation that has not been drained to the very dregs by war.
 Much of the work being done by women in Great Britain, Germany and France is for government ac- count. Their employment made necessary by the removal of male workers to the front, and not for genuine economic reason. They will be displaced gradually after the war by returning soldiers It is al together likely that this form of labor will be less efficient and certainly more scarce than before the war The competition of European with American manufacturing does not threaten seriously at this time. It will require many months, perhaps years for Europe reintrench herself strongly in manufac turing and commerce.
 Every condition points to continued prosperity The great acreages of wheat already in the ground and the prospect of unusually extensive spring plant ing indicate th proper weather conditions there will be harvest in 1917 Of unprecedented proportions Danger of imitation in all lines of industry appears to have been dispeIled. and unless the United States i, drawn into foreign complications there will be years Of uuexampled prosperity after the war that will the present period pale into significance