Omaha daily bee., 1921-05-06
Thinks Germany
IsOn Way To Win
Trade Victory
Head of U. S. Firm, After
Visit, Agrees With Schwab
That American Industry
Will Have Competition.
BY HOLLAND.

Henry F. Schwdrz, who is the head
OF a mercantile house which for years
carried on large import trade with
Germany because the manufacturers
in that country produced commodi-
ties OF the kind i'll which his house
dealt, returned day or two ago from
prolonged sojourn in Germany He
visited many parts OF the former en-
pire and had opportunity TO get into
close personal touch with industrial
conditions as they now are in that
nation.
Mr.. Schwarz said this morning that
he had read the address which was
delivered by Charles NJ. Schwab re-
Gently to the members of the New
York Chamber OF Commerce and
was especially impressed by the
warning which Mr.. Schwab gave
that Germany is on the way to an
economic and trade victory although
she lost the war. Mr.. Schwab 5
statement was not merely the report
ing OF fact but was also a monl-
ton to American industry SO that it
may be prepared to meet the COM
petition which Germany, by reason
OF the low wages her artisans are
receiving and also by reason OF their
efficiency. industry and Willingness to
sacrifice so that they may save, Will
offer through her ability to place
commodities i'll foreign markets at
such low prices as 10 make certain
that these markets can be secured.
statement Justified.
Mr.. Schwarz said that all that ne had
learned in his visit TO Germany 1ustllea
the statement made by Mr' Schwao. az ~
course Il is necessary that Germany tind
markets for the products of her lndus,
rry. In that way only can she be placed
in position to meet indemnify requ,re-
ments On the other hand there arises
q somewhat puzzling problem which our
search for world markets and the pro
tection of our domestic markets nave
caused. -.
n is not so much question for Ameri,
can industry to consider what the rate OF
wages is which the German workmen re-
ceive as 1t Is the question OF efficlency.
The workingmen in American industries
ead the laborers in our agriculture fields
should receive higher rate of wages than
in return for these higher wages their
efficiency matches or more than matches
that which is characteristic OF the Ger
man workmen then the commodities
which they produce will b. abls so Car
as prices are concerned. 10 matTh the
German commodities.
Wfthe reparation question out of the
way there is no doubt that Germany will
ise every resource in her possession for
the production of commodities which may
he sold in the markets of the world at
John H. Patterson, president Of the
National Cash Register company, .,,,, who ms tss
at or ns,ars near ths sera Ta ths
apparatus was manufactured, spoke earn
estly after his return from Europe. where
he spent the winter, Of the necessity OF
last Germany could know the exact
amount which she must pay. When this
is known in Germany then Il will be nil
try upon basis which will be benefit
not only to Germany but to the world.
Motor Industry.
Persistent reports respecting the motor
industry have been in circulation for
basis and which refer to the remarkable
increase in the motor car industry in this
country. Whether. it be true. or not that
single order has been placed for 100000
of the cars manufactured by the Ford
company. the reasons are excellent for
believing that the company did receive
other Of the reports which have been in
circulation asserts that the present output
of this automobile plant is 1000 day.
which tells of the productive activity of
one Of the largest of the tire manufactur-
ing plants in the United States. II the
report is accurate this plant has now
reached its productive capacity. An
other Of the motor car plants is reported
80 be manufacturing upon scale which
almost equals it's capacity and with
few exceptions this industry is substan-
tally equalling its output. in war days
1t is inevitable that il these reports are
substantially correct other industries will
feel the impulse to renewed activity
which will be occasoned by the remark
able increase in motor car industry.