Show COPPER IN PEACE AND WAR Peace It Is Shown Will Add Mate Materially Materially to Red Metals Consumption A Boston publication has been making in ha position to know i u iries of men a what 1 effect the conclusion of peace be tn Japan and Russia would have on tf absorption of copper Its conclusions are arc summarized below and prefaced by following statement from a member 1 of cC the Russian peace commission I So far from there being a diminished demand by the cessation of the war it Ii should be Just the contrary The ending cf the war and the peace so happily eon con concluded by Mr Witte can mean nothing e s titan than the return to the tho Witte policy of enlightenment for the people and ander cf railroad development and er 1 internal mt and external commerce We weI must rebuild our navy and we shall be I greater consumers of copper and steel at than we should have been at war warNow pete it should situation Now ow as to the copper pot not bf be forgotten that the fundamental axiom that war is a groat consumer of topper C hail had its birth when the consumption to tois of copper in war In proportion tin tion is production was relatively very much larger than that it Is today This Is a fact S cf of great Importance in accurately gaug gauging tin the situation That copper at 17 ii lug ing and the cost of production where found below 10 cents Is abnormal and long endure goes without saying and that production will be expanded and that consumption will be diminished is IsonI onI a of time but the arts of have grown Immeasurably greater as am of copper then than have the tho arts Of expanding use of copper to toA toda t The greet great transmission requiring A da is in power copper wire There Js is no possible competitor except aluminum au anti the oX I tie 1 i automobile ii is IM I warding I field field for aluminum AH All over ocr the world the t ti e if not the telegraph and power are expand expanding lug ing and consuming copper as never be before before fore and the demand copper th present rising of activities has in increased increased creased faster eater than tin Un supply In this increase war ha has not been HO so large a factor a as formerly Copper would probably probably ably be today not far from per pound had there been no eastern war i Is the age of steel and electricity and of copper consumption It i is to the th interest of all copper producers as wen well M 5 consumers to keep cupper cuppet below bolow 1 cents and nearer to 14 or 15 cents bat the producing mines mine of the world are now unable to accomplish this and there is no present prospect that they will be able to restore normal conditions in the de tie demand mand and supply of copper until business activities have overtaken and aad oaten eaten up the money supply and a reaction throughout the world inaugurated Such Sucha a reaction i Is nowhere ia in sight and nd Law Lawson son and his followers follower who are veiling selling the stock market will get all that is coming to them hut but in the end not a kopeck |