The Coolidge examiner., 1940-05-09

If tajs is long war-and few are optimistic to
think il will be short despite the rumors OF
the Blitzkregs from both sidest is obvious that the
world OF tomorrow will be vastly different place than
the world of today And the neutral nations less than
the begererts will feel the immense changes, and Will
probably be forced to adapt themselves to condtons ute
ly different than those Of the past
Working on the assumption that the United States
VIII be able to remain neutral the worlds prin-
cipa financial power will naturally feel most directly
the economic and social fruits of long and destructive
We a great exporting power, making large
part of worlds machinery and finished goods, and
furnishing much of the world with vital materials IN
addition 1t certain say the economists, that our
export will suffer tremendous losses when the
war en,'s There are two for that tangible
the other intangible The tangible reason England and
France which best customers spending their
money unprecedented And while the vaults Of
banks of England and France deep they not
bottomless When the money is the democracles
will longer be able to buy unless extend immense
credits They viii have little to offer in return for what
they my need Perhaps they will be forced to descend
to barter system such has been long pursued by
Germany in which is difficult how could
trade with them to any great extent.
The intangible reason: when the long ends all
Europe will be hungry desperate bitter many authorities
believe. mad scramble for existence may be the
harsh result. European standard of living will be
rockboteom basis and there will be demand for
the simplest uxures The average European will be fortu
nate TIC pessmiss think he is able get sufficient
food clothing and shelter to keep alive.
In this connection, article in the American Mer-
curry by Henry Aberts Phillips is harshly enlighenng
Mr. Phillips author of reputation, has recently return
ed from tour of Europe and feels that the continent
faces famine Agricultural labor has been taken from the
farms end put to military uses leaving only the old and
the veal to till the fields Trenches have been dug where
normally would bloom vital wheat The great "feed
boxes OF middle Europe producing less and less Says
Mr. Phihps I'm the past fighting nations relied their
batant neighbors for nourshment What impress
ed me most deeply went through Europe, therefore,
was that this time in the neutras not only unable
sustain those engaged in killing but sustain
ing themselves Neutras in the ddoghouse
nonneut1als. bu'lyragged and threatened by war on
runous outlays for ornaments"
Mr. Phillips to think the almost certain upshot
will be gigantic revolution in Europe. And there are
many Who agree with him-no orderly government
know !t now, they argue from Armageddon.
But if revolution is not the result it is almost i'm
possible TO the conclusion that unprecedented
preston will enguf the Old World. That explains why
to the view that whether wish to not must
got Europe economically speaking and to our own
part of tie world for the future trade and that
must have to keen going War orders keeping the
airplarA and munitions factories buzzng and
imr'ens"jv benefitng certain peace-time industries as
welhu tose orders STOP the outlook will certain
ly not be bright.