Salt Lake Telegram | 1916-02-09 | Page 9 | Will Strive World's Trade at End of War

ROPE Will VILL STRiVE TIR R WORLDS WORLD'S TRADE t I AT I AT END OF WAR far SOli S. S Commerce Chamber E FH e Hears of Destructive eti ti Competition VASHI WASHINGTON Feb 9 9 If If Ifs s Is war is settled as all other ors have hava been settled the nans na- na liS ons ns of Europe Europa will face face not only lEnse e e enormous war debts and ex- ex nse of a normal rebuilding pf of their heir but in addition the contin- contin Increasing burden of the rivalry j armaments and this means that Europe's need for markets will be most ut agent gent In her history declared Edard Ed- Ed Aard rard ard Filene of Boston a member of oft t Wie e executive committee of the inter- inter congress of chambers of I here toda today i 1 So imperative w will I be the tho need for for I that the nations of Europe iii sell goods to us at a nominal If it th they y can but If It necessary jitney i y will lower their prices step by ot step tep until they succeed In capturing market et They hey will urge upon their d ople eople the patriotic duty of accepting ower wages and lower standards of b in order that the nation may se secure secure secure se- se cure the profit at the price it is able to get with which to rebuild its in industries industries industries in- in and arm Itself against the theR R next war Thus the war will be followed fol- fol owed lowed by S. S race for markets which will result In the most destructive compe- compe tion yet Jet known I In presenting a a- partial survey of conditions to confront the United States at the end of the war Filene declared that the chambers chamber's recent re referendum ren approving the proposal that this country take the initiative in the establishment of an international international court ourt to settle the disputes tes of nations has effectively given the lie lieto lieto lieto to to the charge that the chief Interest off of American business men in the war waris waris is the chance it gives them to coin the agony of Europe into increased divi- divi lUene l said it was the clear duty of ot otJe lie Je United States and the states stated of South America to take steps to complete complete com- com a pan-American pan agreement which will include international arbitration with 1 power ower behind it to enforce its operation I