The Ypsilanti daily press. (Ypsilanti, Mich.) 1928-1962, 1942-05-04

There's some wondering, though,
II the readjustments that they're
making in their various lines Of
activity won't prove to be Of the
wrong sort when the conflicts over
and they lose a deal OF our trade.
and if it won't leave EN- in pretty
bad economic shape.
We're well aware here, from our
last experience, that a postwar
period can be about as tough as the
war itself, which is why we're
making such strenuous efforts not
10 initiate into a boom thatll pop
later on. Whether or not Wen sue
coed remains TO be seen. but we're
trying, anyway. The Latins, how
ever, seem, from all reports. TO as
sumo that present prosperous
times will continue forevermore,
end simply are letting nature take
its course.
The southern republics always
have been big producers Of raw
materials, but not manufacturers
TO any extent. Now we're asking
EN- to do that, too. our plants be-
ing completely swamped. We're
even financing EN- in the establish
ment OF industries and sending a
few experts 10 get 'em started,
with local manpower, such as it is.
There isn't enough Of it and delays
involved in the training process,
but it's being hustled as fast as
possible.
Mexico Building Boats
Mexico, as geographically the
most convenient OF the neighbor-
ing group, is being industrialized
az a very fair lick. Or. Ezequiel
Padilla, the republics minister Of
foreign affairs, and Undersecretary
Sumner Welles fixed up a mutually
highly satisfactory bargain in our
two countries interests during the
Washington visit paid by the doc
tor a short time ago. Among other
things, the Mexicans are to build
for us a stable feet Of wooden car
20 boats, wood not being as easy as
a metal hull for q submarine to
sink.
Brazirs being attended to like
wise and so is all the rest Of the
southern brood, somewhat except
ing Argentina and Chile, which
aren't overly high in Yankee favor,
due to their reluctance TO break
relations with the Axis when we
and all the other New World Latin
governments did. There's bit of
guessing, to be sure, that the
Buenos Aires and Santiago regimes
before long will yield on the sub
jsct Of continued maintenance Of
their Axis diplomatic ties, for the
sake Of their full allowance Of the
economic gravy Uncle Sam is dish
ing out the Is others in the
bunch below the Rio Grande.
1t naturally makes things hum In
a smallish country (that is rather
skimpily populated; several Of EN-
have lots Of area) to have nation
like the United states financing 1t
to beat four-of-a-kind.
At least II has every appearance
Of tremendous prosperity while It's
going on.
1t Can't Go On
The question is:
Whatll happen when peace re-
turns and the United States gets
back into its own Industrial pro-
duction and cuts drastically down
on its Latin-American spending?
The current endeavor Is to make
over IS or 20 almost wholly agri-
cultural and pastoral nationalities
with some little mixture Of miners
and miscellaneous workers among
'en. into as nearly 100 per cent Of
factory hands as can be managed.
But when Uncle Samuel ceases
70 require their factories output Z?
The factories will 20 broke, It
would appear. and do it wholesale.
It's true, the capitalistic investors
loss will hit Uncle Sammy princi-
pally. for he's establishing the in