Concomitant with the war came a rise of prices. Foodstuffs especially advanced sharply and will certainly continue to rise until some material increase of the supply is assured beyond a peradventure. The tendency in England and above all on the Continent for the cities to buy great supplies to guard against possible want will increase this tendency. But, without question, should the war last, a rise in the whole level of prices of everything, including labor, will take place in the United States. It will affect some individuals adversely, but for most will be in the long run almost negligible. For those who actually produce or handle goods which advance in price the result will be a profit, because the price of the commodity they have to sell will almost certainly advance sooner and faster than the prices of the commodities they themselves are compelled to buy. In time the two will equalize and they will be precisely where they were before the war; they will pay out with one hand what they take in with the other. In nearly all cases where the individual produces or shares in the production of an actual commodity a general rise in prices, even to the extent which this war threatens to produce, will be to him only a temporary advantage or disadvantage. True, wages and salaries in industrial pursuits will not quite keep pace with the rise in foodstuffs, and factory workers and clerks will not benefit to the same extent nor as soon as the farmers will. People whose incomes are derived from stocks in the businesses which prosper will probably receive much more than they pay by reason of the increased prices of other commodities, and certainly cannot be worse off than before. America's Real Sufferers. The real sufferers in America will be those who hold stock in the enterprises which fail or cease to operate, and that far larger class who are dependent on a fixed salary. Professors and teachers of all sorts and grades; people living on annuities or small incomes derived from bonds or real estate; those dependent on the rent derived from leases for a term of years of dwelling houses, office buildings and the like, these will lose a material amount, exactly in proportion to the rise in prices. To that extent, the purchasing power of the stated number of dollars they receive will depreciate and that much they will lose beyond a peradventure. In time, some relief will be afforded by a tardy rise in salaries, by the expiration of leases and the payment of bonds, but the actual losses of the intervening years have never been in any way refunded in like cases in the past.