The news scimitar. (Memphis, Tenn.) 1907-1926, 1920-02-28

l believe that England is as far ad-
vanced as America, simply because
America las net for the past 80 yeaxs
made the SHINE progress in these trades
that she has in the manufacture Of
metals.
In France the people are thrifty and,
previous to the war, had been able 10
invest largely in securities of foreign
nations. The income from these Sc
curities, the luxuries they We're able
10 export. the money derived from
tourists, and the saving nature Of the
French people enabled them to subsist
on d basis which made possible the
exchange Of five francs for ore Amerlt
can dollar France today finds herseit
in the same position as England. Her
industries are disorganized principally
because the nation never developed the
constructive type OF business men
which would have made speedy
rehabilitation possible, All our Euro
pean allies were organized on a basis
Of low labor costs, and as that basis
Of Organization has been taken from
them, they cannot again begin to re-
vive until those who direct, the efforts
of the working classes are permitted
to acquire that knowledge which
American manufacturers and business
men had, of necessity, to acquire. We
have always had to produce with high
lem
Italy. a country without raw ma
terials, without even coal, has come out
of the war bled white. The great
Ansaldo concern, the largest employers
Of labor in the country. having more
manufacturing plants than any other
20 concerns in Italy, is paying $50 Tires
today for steam coal, fob. Genoa. Al
10 lires to the dollar they are paying
fpy. ha that 1Innnfa tho hpiieTa
at the rate of $45 a ton. Steel, in fact
all other raw materials, have gone up
in the same proportion, so that Italy is
in a large measure eliminated from
the near Eastern markets, whose trade
she enjoyed, and on which she existed
prior to 1914,
With the exception of Germany, Bel.
GUM is the ablest nation which went
into the war. The braininess of this
small nation was evidenced by her
propaganda during the war period She
not only secured a large measure o.
the worlds sympathy, but succeeded ir
getting her people back to work. They
are directed in their endeavors by
mentality which England, France anc
Italy never have possessed. This has
been the big factor in putting the coun-
try back where 1t was In 1914. A large
part Of the scars of war have been re-
moved and the nation is today the
middleman for Germany, The trade
between Germany and Belgium at the
present time, ! have been reliably in.
formed, is larger than it was before
the war.
Germany suffered terribly during the
four years of war, because of lack q
food and because of the Overwhelming
| odds against which she fought. T The
| number of malnutrition cases in Ger.
many is unbelievable, but the same
AL ,t,1S
fewer guns, a smaller supply of NUM-
tons aal less men, to thrash the al.
lies t. a stlndstill on the Western
front until the United States went into
the struggle, is Just as evident anc
reso0rceful today KS it was five year:
ago.
| In my Judgment the present personne
survive, but ! hardly look to see any
| change in it's form. With capable mer
administering its affairs, the outlool
| for Germany is indeed optimistic, Sht
| Is today king with the same spirit
| that practically gave her the CONNER
| cial dominance Of the world previous Il
| the war AS compared with England
| France or Italy, iler workmen are work
| ing far better and are directed by ex
| ecutives who are, in every way, su
perior to those of the allies. German,
| Is working out her problems with I
definite purnose and along well-thoUgh
out lines. This, unfortunately, none o
the other fighting nations is doing
The war was not caused solely b,
| PrdSslan miltarism--that was only on,
| Of the factors which made it possible
| The underlying cause was commercial
| supremacy--the prize for which nations
have always fought. That, and tn,
subjr cation of Russias 170,000,000 PEG
! ple-with the. acquisition Of the riches
| storehouse of raw materials in tn,
world--were Germany's detectives. AL
though figuratively the vanquished, sh,