Salt Lake Telegram | 1914-05-27 | Page 12 | J. J. Hill Fears We Are due for Distress

J J. J J Ji J. HILL Hll FE FEARS S WEA WE VVE A ARE E DUE F FOR i t. t 1 mST DISTRESS ESS S Sees e Danger Dager of Running Into Trouble as a England Has Done w WASHINGTON May I 27 T.-Janics T. ames James J. J Hill Our Foreign discussing ln The Thc Future of ot Trade at the tim national foreign trade convention con con- here toda today intimated tell the thc United States stes might he be i In d danger nJ r of running into such auth R a widespread Industrial distress as suh England now found Itself from Crom attempting attempt In lug ing to hold markets against competitors while maintaining a 0 wage wabe scale lo It-lo that docs lees not permit her 11 to 0 meet their prices 11 anti and docs does not or otter offer t to 0 capital an aim Inducement to new fields felds of development de Ho compared th limo p per 1 capita alla value of or foreign trade of or the l United States which Is ie 4 41 to Germanys Germany's 87 7 and of oC tho time United Kingdoms Kingdom's He lie said Mid Germany was constantly c capturing markets market be because because be- be cause of or the lie lt Inability of ot tho the Jn English l h manufActUrer manufactUrer manufacturer man man- to change change- chanso his condi condl- conditions In conformity on form It to general changes chames The Tho ton United Unie S States tes was following l E ng- ng lands land's lads lad's example The Time power of ot the English n l trades unions union's union became practically a arbitrary i in 11 wages wage hours and general working condi lions Germany found that with n a more amoco advantageous ad 11 wag wago scale she he could go o Into Ue worlds world's markets at prices which England could not meet