El Paso herald. (El Paso, Tex.) 1901-1931, 1919-04-02
WORLD MARKET EAGER FOR COPPER
MERELY AWAITS DROPPING THE BARS

THE most encouraging word the southwest has received
for many long day comes in the prediction Of pres-
dent C. T. Kelly Of the Anaconda Copper Mining company
thft big demand for copper viii develop as the
ade restrictions IN Europe removed. The president Of
the Anaconda Is chairman Of the commission sent to Eur
Ope BY the organization copper producers known the
Copper Export association to investigate present trade con-
oiions and future prospects.
Mr. Kelly returns filled with optimism knows that
the central empires stripped Of copper Every copper
re every copper kettle statue and candestck has dis
appeared All went into the melting pot during the war
and emerged materials Resumption Of industries
IN Germany Austria, Hungary, Turkey and, to
tent N Bulgaria means that vast tonnages Of copper must
be secured.
In the allied countries the governments have large
stocks Of copper nongovernment enterprises
They have been unable to get any for a long time
expected that The British and French governments
VIII release to civilian at least part of their cop
per stocks but these VIII hardly begin to meet the de-
msnd- The neutras well off the allied
tries They have been unable to buy copper and they have
been selling for export such stocks as they had On hand
and possibly could spare Despite all efforts at restTc
ton It is generally understood that the neutras congu
to Germany were unable to prevent considerable
plies Of copper going to the central empires The allies
cured from neutrals much copper they could The
suit is that the neutrals wanting copper doubtless
ready te buy at the first opportunity.
Mr. Kelly reports that resumption Of business IN bel
hgereut countries Of Europe being much impeded by Ia
Dor difficulties and the problems Of transforming industrial
plants and the transport system from to peace ba
sis but satisfactory solution Of these problems
pected in short time This bears directly copper be
cause when these foreign firms in condition to handle
copper they VII begin crying for It. Trade restrictions in
allied and neutral countries and the continuance Of the
embargo against enemy countries detrments both
the resumption OF normal business to the move
ment Of copper.
Pressure is being ezsrted by the American DELE
CATION at the peace conference these artificial
barriers in order to allow free Of raw nate
rails such copper and cotton in order give European
plants something with which to work and incentive
1Or increasing their labor forces This being both
economic and political necessity. The world needs
manufactured goods. The factories need materials
Millions Of workmen need employment. Meeting these
needs VII be effective TO combat the spread OF anarchy
It looks though Great Britain viii consent to lifting
these restrictions if France be brought into line
France Is the principal opponent France wants industries
N all enemy countries held back until France can get
head start Moreover France gold Of tbs enev
countries asking the other allies extend credit to Ger
many OF take paper in payment.
Perhaps compromise may be made with France That
country may be induced to assent the lifting Of the eco
nolc barriers at condition that countries sch as
ehases IN gold but take payment in other forms
Creditors Of Germany under anything ike present coz
otions certainly would be taking chance for while Ger
man hTms might have the best intentions with regard 70
One must take Into consideration the precaous condition
OF banks and Of al industries in Germany and the ire
mendous obligations the German government and Ger
nan people must lnset Moreover who are the German
responsible Bolshevists?
But there is little doubt that these questions can he
answered and satisfactory terms Of payment for copper
ranged The way be cleared for deliveries That Is
me nan point Copper is stocked up IN the United States
and drag on the market Stoppage OF the movement Of
the metal resulting from the cessation of var bas reacted
the southwest
See what has happened in the big mining districts The
yea mines OF ne Warren district Of Arizona have almost
stopped producing and have turned to devsou7ent
work An the who could be spared that is 10 sav
nose Win no dependent families have been turned ont be-
Cuse fe vas nothing for them to do. Wages have been