Arizona republican., 1920-02-08
STARTLING STATEMENT MADEB
 AMERICAN REGARDING EUROPEANS

in the position where she is obliged to
 pay from three to four times as much for labor as she did during the pre- war
 period. The British output, meanwhile, has dropped to a quarter and, in some
 instances, to one-siath of the American workman's daily output. This means
 that today England, with her present equipment, cannot again become a
 competitor in the markets of the world
 in anything made of metals unless
 America and Germany wilfuily permit
 her to do so. The entire capital in =
 ing enterprises must be scrapped and
 replaced, before she can start to regain
 a portion of her former position.
 On the other hand, Germany has ac-
 complished one of the things which made the war inevitable without a real league of nations. She has eliminated
 England in a very large degree a
 supplier of the worlds trade. We were told in this country by newspapers and
 periodicals, long before the war ended. of the wonderful things England planned to do in re-adjustment from war to peace conditions. Much Of this Was propa ganda designed to keep American manufacturers from prepar- iEs to go after the world trade which England feared would, of ne4essity. pe CUTS when the war finished. This propa ganda. with all it's throushness, has failed pitifully in it's purpose.
 England today is not where the war left her. She has gone back at least
 70 years in the period since the armis- tice was signed, and she is continuing : to go back every day at a pace which is unbelievable. Like Italy and France. she is today buying out of her savings and she must continue to do so, because those who should have been the leaders in her industries have not acquired that knowledge of modern industry which will permit them to manufacture any thing of metal in competition with sim liar products of American manufactur- CTS. So far as the manufacture of tex tiles and several other lines of industry are concerned, I believe that England is as far advanced as America, simply because America has not for the past 90 years made the same progress in these trades that she has in the manu- facture Of metals.
 In France, the people are thrifty and, previous to the war, had been able to invest largely in securities of foreign nations. The income from these se- curitieS, the luXuries they were able to export, the money derived from tour ists, and the saving nature of the French people, enabled them to subsist on a basis which made possible the ex- change of five francs for one American  the same position as England. Her in dustries are disorsanized principally because the nation never developed the type of business men which would have made a speedy revi- talization possible. All our European allies were organized on a basis of low labor costs. and as that basis of organ ization has been taken from them, they cannot again begin to revive until those who direct the efforts of the working classes are permitted to acquire that 1nowledge which American manufac- turers and business men had. of neces- sity, to acquire. We have always had 10 produce with high wages as the vital part of our problem.
 Italy. a country without raw mate rials. without even coal, has come out Df the war bled white. The great An s5l ldo concern. the largest employers of labor in the country. having more man. plants tsran any other 20 in Italy, is paying 450 fires today for steam coal, f. o. b. Genoa. At 10 fires to the dollar, they are paying for the coal that goes under ther boil