OCR Text |
Show FIGURING ON TRADE. Notwithstanding the fact that the darkest period of the European war is at hand the British people are not losing sight of after the war conditions and there is much discussion of probable radical changes in the industrial organization organ-ization in England, in conjunction with which there is said to be a propaganda to make systematic preparations for a campaign for foreign trade upon the return re-turn of peace. It will of course take time to readjust and reconstruct factories fac-tories that have been engaged in government gov-ernment work and, according to the view of our consular agents abroad, it is likely that considerable quantities of American Ameri-can products will be needed in this work. The British manufacturers will have to contend with the fact that as a result of the scarcity of labor wages have been advanced all along the line and it will be a very difficult matter to induce the working classes to accept less pay, which they claim is no more than what they should have received before hostilities began. But as the manufacturers of the United States pay still higher wages the British will be in position to compete under almost any circumstances. Exporters Ex-porters in this country Bhould be trimming trim-ming their sails while the wind is fair. |