trade rivals.

The war has brought new power and new responsibility to women.
Armed with the franchise they will demand not only equal rights
but equal pay. In Great Britain alone, before the war, there
were less than five hundred thousand women workers where now
over five million carry the burden even of the war industries of
the country.

Unless the war ends with a victory so decisive for the Allies
that an era of universal peace shall dawn for the world, each
nation will constitute itself an armed camp fearing always that
the German, with his lust for war and conquest, will again
terrorise the world by a sudden assault.

And a necessary sequence of this preparation for war will be the
desire of each nation to be self-sufficient--to produce within
itself those materials indispensable for the waging of war.
Capital will be wasted because each nation will store up
quantities of these materials necessary to war which it is
compelled to import from other countries.

For instance, Germany will always carry great stocks of grain and
of fats, of copper and cotton and wool, all of the materials for
the lack of which she suffered during the present war.

In my first book, I touched on the change in the industrial
system that will be brought about by the socialised buying and
selling introduced first by Germany and which must be copied by
the other nations if they desire to compete on equal terms with
that country. In Germany for several years after the war at
least, and perhaps as a permanent regulation, the purchase of all
luxuries outside of Germany will be forbidden because of the
desire to keep German gold and credits at home.

Germans have even stated to me that they do not fear in a trade
way any prejudice created against them in other countries by
their actions during this war. They say that a man always will
buy where he can buy the cheapest, and that however much a
merchant may hate the Germans after the war, if he can buy the
goods he wants for his use from Germany at a cheaper rate than
anywhere else, he will forget his prejudices in the interest of
his pocketbook.

This is a question which each reader will have to solve for
himself. Personally, I believe that in England, in France, and in
America, too, if the war should last a long time, the prejudice
against German trickery and brutality in war will become so great
that many a merchant will prefer to lose a little money than deal
with German sellers.