The Richmond Virginian. (Richmond, Va.) 1910-1920, 1918-12-26
] INTs OPTIMISTIC
PICTURE OF FUTURE
si,,. Two Generations Win Never
,ncw What Harl Times IN N"e'"
Means, says Calder.


,sJ.NkF1TS RfxESS-HAK
..,., vse,s AZ Future business Avn
f,,.iastrial Conditions Makes raaees
And of Christmas Gin.
ushsnr{op. Dec. % NO 'n~n'
~, has child who will ever nave
,.rarf,chisd who will see hafa ,in'SS
.Ancriea- ,,~.
This optinfistic view OF futu'c ous
- and Industrial condiuons VA
,sssed by Representative
..lawen, Of New York. ,-,.i
Hc was discussing with lniVe.sa'
rx;ce REPRESENTATIVE the penofne
ers and haroors bill and the eene-
al eYectx II will have in. stimulating
naerican commerce
Y1;sruxsinr the rivers and mar
Gs il affects business thf"SS"
,ruinr. Mr.. CALDWELL said !,
a survey of the shipping wo'u
ao~s that when the arristce was
,wned there was 6.aee.e9o ae"o
light tons less ocean TONNAGE tnah
:, July 81, 1914, when the WAY oe
Air. a.,
The average tonnage produces y"
~ ,hr wards of the world un 10 isAf.
$40 coo dead weight tons year
Thn-efo~c the world has is.eVe'
i tons less than ii normally wou4o
- Rad Eu. for the tremendous
reass In shipbusIding facilities our
The war this figure would De lar
later.
II nreesbly will be Eve years be
- shipping can catch up Win
i'd conditions. So we can reason
y estimate tina; there must pc com :
led within the next five years
zoe, eco dead weight tons Oh ship''
six Million Tons Year.
America within the next FIVE years
havc facilities for building
a oa0 IONS a year. This country
xperted to produce something
400 GOO tons of ocean going
.ps in the five years,
Here is orc suggestion tha'
,14or;ca has the best opportunity
ora the war: Before tho war ter
any was one Of the greatest ocean
irving nations Nov her merchant
ar,ne has been confiscated or oe-
.ared, She has LOST one- hair her
main power. she can now neither
Nrpduce nor supply the commerce
sSprlied BY her to the world oeiore
Sc war
England, France and Italy had
atiar,y suffered 10 great extent
l;ixiun. which was almost solie
-.ctory before the war. has been Virt'
atally destroyed. or stripped OF ma
sninerv Eussia's chatoic CONDITION
81 known by everybody.
America has not suffered de
lease In her man power as the re
If; of her war casualties. becaus'
-7aafyh conditions IN The trainin'
amps were SO much better tnan II
lie cities from which the bulk OF tn
en- were drawn that The deatn
rom all causes in the army vlrtuait T.
ere no more numerous than woul'
lave occurred II the men had remain
ed in civil life.
Our factories have been develop
I'd. Increased and expanded. In ad
dition, for the first time, our wome'
have learned the benefits derive'
from = weekly pay check.
Therefore. Americas commercial
Vancouver has been PRACTICAL
doubled: every other beliigerent'
rlan-power has been cut almost i
half Hence. all that is necessary I
insure a most prosperous future is I
have harbor facilities for dockin
and loading ships with the prodnc'
of our country and its factories.
TN the past. America has been in
only great nation whose imports wer
less than her exports. This counir
long ago would have sapped III
world Of its supply OF gold. but 70
me fact that 1t had 10 pay the freigh
charges on all the goods it bougf
ard sold. 1t was debtor nation, TO
This reason. to an extent Nariousl
estimated bctweeHs Ave- and iiftee
Hons The interest charges on tn
debt were drasning our cred
t-sisnces II * - = "+s: 49,.
so. therefore. imagine that fres
1he enormous profit from our trad
there will come to America m
s eaiy and eyer increasing sirear
Sufficient gold and credit that II
living man has child who will eTs
have a grandchild who will see har
times in America.
During the war VIC thought "
we're paving a fair and average rat
far shirs under charter when we pai
IS ner ton per month, or sT2 per TO
Ter year. We have now somethin
nFer a,0no.0n0 dead weigh, tons c
chipping under American registr.
With the 20 900, 0oo-odd tons NC al
Aoing to build, we will have in roun
numbers $50. 900 900 times 80 20
year per ton--&72 1850. 900, 600 comm
in during a year in freight reccip
FOR goods carried in American bo
toms. uhcthcrt or not we export any
thing"