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Show CAN WE ESCAPE A P0ST-WA3 DEPRESSION It is not easy to plan mow for a post-l.var economy, but it is encouraging to find iraainy experts predicting that there is a possibility possi-bility of escaping the complete collapse whidh eventually followed fol-lowed the last World War. This hope is based upon the belief that the loperair.'g elf world markets will be sufficient to take up the slack as we slow id'oU'n war production. Sudh an assumption as-sumption is based upon the belief be-lief that .measures will be devised de-vised to permit other nations to trade with the United States and that, if necessary, our huge gold res.rve will be utilized for the benefit of world tradie. While some Americans are worried about the national debt, it should be obvious to almost anyone that l.vith a national income in-come of mare ihain. $100,000,000,000 a year, the countiy can easily lak care of am internal debt equivalent to two years' income. Our experience, after the first World War, should convince ius tnat ex.rci.TJe nationalism will prevent the flow of commerce Aihidli alone will restore economic eco-nomic order in the world. Consequently, Con-sequently, tariffs 'will most likely like-ly be reduced and other artificial arti-ficial barriers to trade will be lightened, if not entirely re-1 moved. |