AFTER-WAR PROBLEMS.

Poverty Bay Herald, Volume XLIV, Issue 14221, 12 February 1917, Page 8

AFTER -WAR PROBLEMS.

EUROPE'S BAlfc&bAilS \mUST BE . .RE^t[lI f T.' " ","-. Jan. 9. M. Yrey G^oty? tt leading French economist, states': — It* is time to begin to think •'Arha,t.,\yill he" th^. economic •jfe-f- Ifeets following peace. . fe l?i*6'bably -thero Ayill be 'a rise, in the prices of all shocks, except munitions, . and. "a? .rise, iii .tho ■prices of all'., raw materials and, manufactured "article?. . .'. .7 -„.--- -~ These . ifiovenients h^ve. fblloAved 1 all modern'''^.a-r&y and. have ' been followed by a reaction. After -tlie war of.- 1870*. • there was an lju^a^ .m. prices Ufi&y, }877>,NvheV> they^ache)iyS)e That yea^saw a, linancikl crjsis?|M New York aiid- 'Vienna a-nd?'.-th^:^.oflsfatten , ljj. •fall of prices. y < .• . '. x 7 All over Europe after this war, xa.il-. Yqadb will have .tp;.be> built: and rebuilt^ and they w*ill abs'dfb mplions iii:cdp^<^. Concessions to the 'E'rcfioh railroads e^ pire iii 1952, and if th'^V. dre^goihg get money for rebuilding 'eitjier? thfc eon-?; cessions will have to be ,or the? 'State will have t fco? take fcharge of. amortissemeiit bbnij's' that iiive been issued to run beyond the terms of the concessions. The first plan seenfe to Ibe the simpler.'. * > . A rise in the price of pioney is foreseen in .Europe, but probably the price; -will be. kept down, to^some extent, by the money coming from Amenta to seek investment. ' . These are some' of the considerations foi- after-war finaiioe, but^ they merely give the basis t-o start from. i