Bisbee daily review., 1917-09-01
OPTIMISMS S

Henry Clews. the sagacious and far seeing old Nev York banker. must have a good digestion well
 good bank account He always uses rose-tinted spec
 taces looking the worlds affairs let to the public he writes in part as follows: "The steady rise in power of the allies and cor
 responding decline among the powers strength
 the hopes of early peace; albeit the end of tho
 war is not yet in view. Germany is by no means ex haused to the point of submission to the well known of the allies. Nor the allies yet able deliver a decisive military blow. At the moment their policy appears to be that of wearing the enemy down; the relative rise fall in the strength of opposing armies being of more significance fo rthe time being than the acquisition of territory which are geographically trihing
 "As the war goes on talking and planning for peace become and more definite. Opinion is divided as to what the effect will be upon American trade much depending upon the individual point of view There doubt that peace will necessate extensive readust ments. These will gradually and will by means demand return to cc conditions which is imp ,ble. Concerns devoted to business will be obliged to considerable Of their plant prepare fer ohe'
 iI.es work Wlr profits would of disappear, and few lines endeavor would entirely But very important offsets would quickly appear. The fact that the world its from destruction reconstruction would loose great economic forces Optimism would promptly succeed despair and the work of rebuilding and rearrangng the civilized world would start with vgor that would all confusion and hesitancy.
 Our steel mills would receive no more war orders, but better they would pressed with orders shipbuding. for railroads buildings all kinds of construction work in all parts of the world.
 "Our textile mills would from loss of orders and be fully occupied with both domestic and foreign orders.
 "Our secondary industries, such as automobiles typewriters, agricultural implements. machinery etc, would also be pressed with orders to make good losses in Europe Our mineral producers would be equally sure of good markets and good prices; too would the American farmer who may rest assured of good prices for all he grow years
 "The truth is has impoverished the whole world. The of life and wealth has been inconceivable Millions of lives have been destroyed impaired and the expenditures for since 1914 of all nations been over ssO0OOOOOOOO
 Everything grown made by the hand of man is scarce Years will be required to refill the enormous vacuum and the scarcity of labor at time when period of industrial activity. Of there will be periods of weakness and depression There will be grave of sections well the crush ing burden of debt upon all Difficulties present perceived likely develop and recovery does escape from all its losses But let it be distinctly be kept in mind peace when does will find the United States elevated preeminence indus trally, commercially and financially that would quired generation attain had it been for this cataclysm in Europe
 "The war enriched us enormously because of the profits obtained foreign trade and the fact that have been the least affected any of great tions We have suddenly world bankers secur- ing position that will be surrendered Even should Great Britain recover her leadership after the will still be close second instead of distant third fourth before the Our foriegn shows pine nomenal growth. and while better balance between imports and exports may be necessary, still have gained foothold in foreign markets that will not be relnquished
 'The future of American export trade exception ally brilliant By far the significant result of the Americans will be the restoration of the United States to fitting position a maritime power. Our weakness in this respect has long been thorn in national pride. Before We ranked close the foot of the worlds seagong tonnage but within coup. of years, thanks prompt seizure of favorable oppor tunity, this country easily become good seccnd to Great Britain maritime nation"
 Depot agents over the country, and among them F. L. Williams of this place. urging shippers and consignees of shipments in carload lots do their bit