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Show POSSIBLE TRADE WAR. Frank A. Vanderlip, president of the National City bank of New York, is undoubtedly un-doubtedly correct when he declares that we do not know what economic conditions condi-tions we shall be compelled to face after the close of the European war. All we know is that competition will be keen and that there is a strong probability that combinations will be formed against us by the various groups in Europe. In such event our only chance to hold our own will be the closest kind of co-operation between the government and the business interests inter-ests of the country, the settlement of all labor difficulties by arbitration and legislation which will advance rather than restrict trade. As "all signs fail in dry weather," so it may be said that all theories fail when the world is engulfed en-gulfed in war. The hard conviction has been forced upon the people of Europe that they have no rights while the conflict con-flict rages. With victory won will the rights of neutral nations be respected in trade matters or will an effort be made to destroy our commerce? Time alone will tell, but we should prepare now to make a concerted effort all along the line. |