The French railroads are in the market for 700 locomotives and 74,300 freight cars. The Indian State Railways plan to spend a billion dollars for postwar repairs and replacements. The Russians have ordered nine gigantic hydroelectric turbines, worth $12,000,000, for reconstruction of the Dnieprostroy power plant. To rehabilitate China (see FOREIGN NEWS) and later industrialize her will cost many billions. These are only a few samples of the post war overseas trade awaiting the reconversion of U.S. industry.
The world demand for U.S. products during the next decade may be greater...