New Britain Herald Newspaper, January 2, 1915, Page 12

N INDITIONS hng More Clews. erald.) A new era pr vears the ad been over- political, com- rest, both in- ic. On July ith a violence iy unexpected, and for the as completely pffairs at home 4" effects of the | passed, as finally ad- psis with mar- | the worst ef- e by no means lome the world | h the conse- edented strug- vernments of bopulation and f about $24,° and during ;1914 were far from satisfac- tory. | The Outook Brightening. Nothing is to be gained from dwelling unnecessarily upon depress- ing factors, and fortunately there are many indications of a posiively en- couraging nature, which it is better and wiser to contemplate. Among these are a good harvest, a new banking system, cessation of politi- cal attacks on business, a favorable rate decision, a generally sound con- dition . of business and credit, cheap money, also a growing impression, supported by proof, that the United States being the least affected nation by the war, will lead in the recuper- ation which must follow. Already there are signs of a turn in the tide for the better, the real turn arriving when the foreign exchange situation ! cleared in October. The worst has certainly been thoroughly discounted, barring unexpected developments in war. The west continues persistent- 1y hopeful, because it has been re- ceiving good prices for what it pro- duces. The east already recov- ering from discouragement; and the south, though severely hurt by the is low prices of cotton, sees its salvation | in a greater diversity of crops. The worst of the' cotton crisis has been passed, since money is forthcoming to carry the surplus, and our for- eign the disruption which opening of hostilities. Tf we were to balance the favor- able and unfavorable conditions af- fecting business, we should summar- followed the {ize them thus: tics. a of umerous dif- rst six months | harassed by | Ind hostile po- | anti-trust and were par-| ous to the investigation than anything on acute bus- ushed to ex- ed unwilling- | e Commerce v further con- ds also con- ily to impair did the con. ktate into bus- the trend ership, which nterprise par- pe directions. however, a began to de- The Mexican atening. Pub- ow its disep- political an- business: and e exceedingly far the most ! e restoration | jpassage of the | g act. This lhe crowning | [President Wil- | nc. one on rest content new bill is satisfactory as tion could he) ic condj ons ¢ year Favorable—Easy money, better po- litical outlook, good harvests, inter- state decision. heavy exports. Unfavorable—War, economic strain slack trade, injured confidence, for- eign liquidation. Outlook for 1915 Hopeful. The outlook for 1915 is unquestion- ably becoming:more hopeful. It seems impossible to belleve that the war | months. | will last another twelve Thosé optimistically inclined think it may be ended in the spring or not later than midsummer. Let us hope their optimism will be justified. Nev- ertheless, the sides to may prolong the terrific struggle longer than anticipated. For Teasor a conservative policy should be followed in all business commit- ments until peace is more definitely in sight. - The great mass of foreign loans which must be taken care of in the future will absorb a large por- | tion of the world’s savings and leave less capital for new enterprise. We are certainly facing a period of dear capital, despite cheap money. We ‘have a great mass of maturing obli- gations that must be redeemed in i 1915 or else extended, probably the | latter. Such conditions are not fav- orable to a prolonged rise in secur- ities, Many high-grade investments are today selling below real value, even allowing for present conditions. This is the consequence of impaired confidence, values, it may be hoped, will recover in sympathy. Some branches of bus- iness in the United States will also be directly stimulated by the war. Both investment and speculation operations should, therefore, be con- ducted with exceptional discrimina- 3OYS! HE PRINTING TRADE State Trade Education hop, New Britain pment now being -n the art of k, and designing. ost keeping. lion by letter or installed. We offer you a composition, proof- English, typesetting, With the study of call at the shop South Stanley ppen are that of machinist, patternmaking, paint- , carpentry, plumbing, mechanical and architec- jys over 14 years old in the State of Connecticut. Call >0n 7z & Costelio, Inc. 242 Main Sireet. For E INSURANCE ST MAIN STREET 3,800. Only $300 Cash Required ts 12 rooms, 2 furnaces, 2 bath rooms Apply to . L. HATCH CO. REAL ESTATE 29 WEST MAIN STREBT. | despot to people. trade is rapidly recovering from | determination on hoth | fight until a thorough finish ! this | a e ALt i | have also risen considerably, an as e latter revives | impaired. tion until the results of the war can be more accurately estimated. An early peace would decidedly help American business recovery. War and Its Effects. Of the final effects of the war, it is vet too early to form any fixed opin- ions; although great political, social and economic changes must in- evitably follow, Politically, Europe is about to undergo very important reconstruction. In all probability the map of Europe will ere long be drawn upon more natural lines, and the boundaries of the smaller nations will be made more in accord with racial sympathies. One grand result of the war will be the better adjustment of many territorial probiems in the minor states, which kept Europe in a state of ferment for generations Race prejudice and pride will be con- ciliated, and great advantage must come from the elimination of many causes of international disputes. So- cially and politically the trend to- ward democracy will undoubtedly be highly stimulated after the war. Power will pass more and more from Secret treaties will be less frequent, and war must de- | pend more and more upon the will of the people rather than on the dic- | tation of an autocrat. It would be folly, however, to either expect or ac- cept too early a peace. of any patchwork. They must be fought to a finish, which may mean | exhaustion of one side or the other. And when peace is attained, a lonz period of reconstruction will ensue, in which Europe may have to-face prolonged diplomatic controversy and | political and social unrest, until pros- | | perity agein resumes its soothing sway. The huge increases in the debts of foreign nations must profoundly af- fect the world’s investment markets, because a large portion of the sav- ings of the nations involved will be thus absorbed for several years come. inevitably be upon a diminished scale. Before the war began Great Britain had a debt of over $3,500,000,000. Germany’s debt was estimated at $1,- 100,000,000, not including state debts, of which Prussia alone carries over $2,300,000,000, The debt of France is about $6,000,000,000. Russia’s debt is placed at $4,500,000,000. annual issue of new securities in the world's principal money markets in normal times Is estimated at about $4,000,000,000, wirich proves that the financial problem to be faced is = stupendous one. Great Britain will probably finance the war much more readily than any other belligerent, because of her vast financial re- sources, her undisturbed income from foreign investments; also the fact that her foreign commerce and shipping have been, relatively speaking, but slightly deranged. Her home indus- try is running not far from normal. British credit has also shown extraor- dinary strength, as manifested in the rise of the pound sterling. Francs while marks and roubles have shown a de- cided decline, France is a very wealthy nation and her foreign trade has not been very seriously affected, but her valuable industries located in the populous districts within the war zone have, of course, been seriously So, too, have the tries of Belgium, many of which have been absolutely destroyed. Ger- many has suffered much in the prac- cially, however, Germany has met the commerce. Her shipping is entirely idle, and many of her industries must suffer keenly from the loss of suf- ficlent labor. Industrially and finan- tical suspension of her vast foreign shock surprisingly well. By keeping the war in foreign territory, she has thus far preserved her industries from physical destruction, and the blow to her finances has consequent- ly been met much better than ex- pected by her enemies. Neverthe- less, the war came at a time when her finances were stil] feeling the strain of great industrial expansion, and her losses cannot but be intense- ly severe, no matter how bravely and | patriotically they are met. Germany, moreover, suffering severely from the attacks made upon her commerce and finance, while her foreign investments much less favorably situated than the British, Germany’s overseas invest- ments are estimated at $5,000,000,- 000, of which $1,200,000,000 are in Russia, Turkgy and Roumania, where they will be adversely affected by the war. Her investments in the United States are figured at $700,000,000, and in South America about - $600 000,000. It is evident that her in- vestments in the United States are the most desirable of any she pos- sesses, and those on which she is most likely to realize if necessar, As to Great Britain, her investments overseas are estimated at nearly $20,000,000,000, of which over ninety- five per cent, are outside of Furope and away from the influences of this war. One-half of her investments are in her own colonies, and fully $3.000,000,000 of British capital are invested in the Unfted States. Bel- gium has been practically ruined, and reconstruction will take many years. France Wwill probably recuperate rapidly, except in the devastated dis- tricts. Austria-Hungary should re- cover with comparative promptness, not being a great industrial or com- mercial nation, Turkey will probably disappear from Europe. Russia has vast resources and her interna] trade and industry will not be seriously af- fected, except indirectly from pos- sible financial stress. COommerce and Tonnage. The foreign commerce and net ton- nage of the principal belligerents are given as follows by one of the standard authorities: Net Tonnage. 13,000,000 3,150,000 624,000 Commerce. $7,020,000,000 5,150,000,000 3,076,000,000 Gt. Britain Germany France ..... Belgium 1.630,000,000 181,000 Germany went into this war with much less of a jolt than any other power, and will be better able fo re- sigt than was at first supposed. As far as gains and lo are concerned, England probably stands to win The issues | in this contest are too vital to admit | to | These savings, moreover, will | The | indus- ! cannot avoid | are | CASH IN ADVANCE. LOST—FTriday, brown and white Bos- ton bull dog. Four months old. Please notify Tony Gnazzo, Plain- 1-2-d1x TO RENT—Two light, sunny rooms, for light housekeeping. All con- veniences. 193 Main street, up two flights. 12-31-d3x TO RENT—In private family, plea- sant furnished bedroom, with or without board. All conveniences. 168 Maple street. Tel. 1472-3. 12-30-tf —————————————————————— TO RENT TO RENT—House in Plainville, sified MINIMUM CHARGE 10c ONE CENT A WORD EACH INSERTION. 17 Broad street. Apply Mrs. E. F. Tomlinson, 11 Broad street. i TO RENT—Five room apartment, all modern improvements, heat fur- nished. One room rented to schooi teacher. Will stay, if desired. Ap- ply C. J. Boardman, 475 Arch street 12-30-if TO RENT—Flat at 45 Main street, ‘hot water and heat furnished. In- quire T. W. Crowe. Tel. 291. 12-30-1w - TO RENT—Four room tenement, all improvements. Inquire 470 Arch street, or White House Lunch. 12-28-tf TO RENT—Five rooms, all improve- ments, at 47 Glen street. Inquire 30 Commercial Street. 12-2-tf TO RENT—Two five-room tenements, all modern improvements. Inquire J. M. Curtin, 11-12-tt TO RENT—3 five room tenements and 1 four room at 232 Arch street. All improvements. Inquire Mrs. C. Marr on the premises. 11-9-°f TO RENT—One five, one four room tenement, ail modern improve- ments, 130 Cherry street, 11-11-tf most, if the allies succeed. In that | event her prestige and power will be greatly enhanced. She will be free to bend her energies to satisfying the commercial instincts of the race, but which have been restrained by i fear of destructive rivalry and the ! necessity of keeping a colossal navy. | The British empire is already big enough, ang its best development will tax her energies for years to come. : Under a period of assured peace Brit- ish commerce would flourish as never before. Next, if not first in the ranks of winners, would come the United States, which has reached a period of development that will force us, whether we desire it or not, into the circle of great powers, We are no longer self-contained, but have become interdependent with Europe, | Asia, South America and Africa. Moreover, these relations are boundi to become closer and closer. With our growing population and a rapidly increasing production of raw ma- terials and manufactures we require and must have foreign markets. If the next peace is to be perma- nent, and if armaments are to be kept down, a new means for working on the basis of “live and let live” must be invented. The ideal plan would be some form of international fed- eration, a United States of Hurope, a parliament of parliaments, and an in- ternationa] court of final appeal with | power to enforce its decrees. If this is not possible, then at least some agreement should be possible for re- duced armaments and the combined prevention of war until arbitration | has failed, History ‘shows that in- dividuals were first disarmed by force, then tribes, then cities, then principalities and then state: Why { should not national force be con- troled by international forces? HENRY CLEWS. UNEMPLOYED HAVE CLASH WITH POLICE Ourdoor New Year's Demonstration in New York Culminates in Fight. New York, Jan. 2.—Unemploved men and women in this city began the new year with an outdoor dem- onstration, which culminated in a | fight with policemen who interfered when an attempt was made yester. day to hold a parade with objec- tionably worded banners flung aloft. About 700 idle men and women | | gathered in Union Square to listen to discussion in several languages of their problem of welfare through the winter. The police did not inter- | rupt the meeting which was orderly throughout, but later ordered the | dispersal of marchers who apparent-| ly intended to parade to the Harlem headquarters of the “League of the | Unemployed.”’ The inscription on one banner read: ‘“Homeless Men, Revolt.” Another announced "'To H— with Charl This banner George Druer, 22 years old, a | by trade, was told ta haul down. | “The police said that Druer | reluctant to obey Witnesses de- clared that the police clubbed Druer. | He was arrested, charged with a y sault and disorderly Men | and women attacked the in an effort to lihera'e Druer were driven off by reserves was conduct police and L 1 WANTED—BY young WANTED—By ALL advertisements for the classified column must be in the Herald office by % :30 p. m. on the day of issue. MRS SETH BARNES—Private work rolicited in chiropody, manicuring and scalp treatment. = Tel. 508-13 10-6-tf DRESSMAKING done at home. Miss Gunther, 54 Trinity street, 12-28-5dx | WANTED—Young man for position as assistant. Must have had some business experience- Apply in writ- ing stating age, education, business experience, etc. Address A. H. An- drews, Ex. Sec'y New Britain Cham- drews, Ex. Sec’y New Britain Cham- Englishman, position as brass molder. Served seven years apprenticeship in job- bing shop. Address, Molder, Herald office. 1-1-da2x WANTED—ALt once, three first class union barbers in new barber shop. Also a bootblack. 6 Main street. 1-1-5dx carpenter new or re- kind. Tel. 396-4 12-31-6dx pair work of any WANTED—Boy 16 years old for of- fice boy in local factory. Address Box 33, New Britain, Conn. 12-30-6d WANTED—Confinement cases cared for at my private home by an ex- perienced nurse. Prices reason- able. Also infants or children boarded. Nervous or eiderly people cared for. Write to Mrs. J. D. Bonney, Mansfield Depot, Conn., or telephone 87-13, Willimantic, Conn. 12-29-d5x WANTED—Fifty Cars to store look after over wiliter at excep- tionally low rates. Our service and accommodations absolutely guaran- teed. Hart's up-to-date Garage, 189 Main S 21-4 12-26-6d. and | FOR SALE, OR SALE—Am compelled offer my Upright Piano for sale. 1I in- terested call and see it, price very | low, immediate sale. Box 8BB, Herald. 1-2-1dx | to FOR SALE—Two tom turkeys. half wild Tel. 396.4. 12-31-3 bronze ax FOR car. car, SALE-—Stevens Would make fine $200. Tel. 396-4. - Duryea touring delivery 31-3ux FOR SALE—Several two fami houses of nine or ten rooms, mod- ern improvements, also building lots on or near trolley lines. W. P. Steele, 260 Chestnut street. 12-28-6dx FOR SALE—Rambler Touring Car, Model 54, fully equipped and in fine condition, A bargain at $22 if taken at once. Hart’'s Up-to- Date Garage, 189 Main street. Tel. 221-4, 12-30-tf FOR SALE—Three second hand ranges, three second hand heating stoves. All in good repair. Also full line of Stewart Ranges. F. W. Loomis & Co., 150 Arch street. 12-5-tf. FOR SALE—A good. sleigh, cheap and some nice seasoned oak planks, 17 Court street. 12-28-6d crew chine operator for Universal and Acme Multiple Spindle machines. Must be thoroughly competent, Herald, Box 19XX. 1-2-3d 2,500 ANNUALLY—Co-operate with me evenings at home. Evervthing furnished. Don’t worry about cap- ital, Boyd H. Rrown, Omaha, 1-2-1dx 1 your dress and we will malil proposition, It's a Bancroft Equipment burn street, Worcester, name and ad- you our | winner. The Co., 18 Au- M BIRDS AND DOGS, Boston Terriers, Angora Cats, Sing- ing Canaries. One week's trial given. Fine Christmas Gifts. HARTFORD BIRD STORE, 90 ALLYN ST, HARTFORD, CONN. QUEEN LIL CELEBRATED FORTUNE LLER Is now giving readings at 81 West Main street, next to Fox's theater, two Aights up. Don't fail to consult well paid for your visit, her. You will be | Natural The Only Shingle in the World Made Entircly of “HAMPTON" METAL. “PENCO” Water, Weather, Fire and Li you about Roofing. All work absolutely guaranteed- ightning proof. Let me talk with no order too small for atten- tion, or too large for our capacity, We also furnish and set up which will last an average lifetim Toncan Gutter and Rainwater Pipe e J. EDWARD ERWIN Plumbing and Sheet Metal Work of Every Description. 62 Lafayette Street. 'Phone 629 Your Liability Insuranc Me Give You Figur H. D. HUM DeWitt A. Riley ————————————————————————— ’ Kress's Honey-B Compound is DRUGLESS | Remedy and a SURE RELIEF for Colds, Bronchitis, Croup, Whooping Cough, Hoarseness, Throat, Constipation, Pulmonary Inflamation and tion of the Breast. a Coughs, Frog Asthma, | Inflama- in It is only 25c. Ask your druggist or send directly to main agent, W. Groth, street, New Britain. 19 Monroe First Class STORAGE For the winter $3.00 per month HART’'S GARAGE Rear 189 Main st. Tel. 221-4 BOWLING Clabs and Private %arties Accon- wmodated. HILDING NELSON, 172-174 ARCH g 3 A. B. JOHNSON, D. DENTIST National Bank Building. D. S. BE A FARMER We can sell you a nice cated only a short distance from the City, near Trolley Line. Price very low, terms easy. The Home Banking and Realty Co. ‘The Dickinson,” 193 Main Street. Farm, lo- AUCTION. The undersigned by order of the Superior Court for Hartford County upon a judgment ordering the fore- closure of a judgment lien by sale, will sell to the highest bidder on els Now 7Expiring. es on a New Policy, PHREY NaL Bank Bunding 272 Malin =t (23 ' You Begin ur business training at Huntsinger’s and your progress under teachers, Day and E THE HUNTSINGER SCHOOL, INQ, Street, Aartford. January 4th watch closely experiencqd 2ning sessions, BUSINESS 2 Acylnm Conn. DETECTIVES If you are tion in any matter integrity and results are essentla write A. G. Brown, 26 State S Hartford, Conn. 'Phone Charter 75674, nightly at Elizabeth 1089, anticipating investigas« where secrecy, Surety Bonds in how. Go to “ Yor Your Insurance and 7 vald troublc by hoving yosy ance written by a man who DWIGHT A. PARSONS, Booth’s Block. ‘G PHILADELPHIA DENTAL ROO 193 Main Street Over 25¢ Store BEST WORK AT MODERATE PRIGES Office Open from 8 A. M. to 8 . M. Sundays by Appointment F.E.MONKS, D.D.S.¥ Georgiana Monks, D. D. S. —_— 'LARGE BARN TO RENT ON MAIN STREET. Apply to TAE JOHN BOYLE C 2 and 5 Franklin Square The Quality Print Shop ¥ Printing done ip many lai GOOD WORKMANSHIP — MODL™ ATE PRICES Linotype Composition. EASTERN PRINTING AND PUB- LISHING COMPANY. 53 Church Street. Tel. C. ERBESEN, vgr Monday, January 11th, 1915, at 3 P. M., on the premises, the following piece of property. A lot of land with a modern dwelling house of six fam- ilies thereon, at 22 Silver stre in New Britain, bounded and described as follows: North by land now or formerly of Horace Booth, deceased, one hundred fifty (150) feet; east by Silver street, fifty (50) feet; South by land of Charles Partyga, one hun- | dred fifty (150) feet; and West by land formerly of Horace Booth, de- ceased, fifty (50) feet. { For further particulars apply to John M. Brady, Committee of the Su- perior Court, 847 Main Street, Hart- | ford, Connecticut, and 1186 Stanley Street, New Britain, Conn Tel -—_— BEST COAL THREE BAGS |1.05 TERMS CASH, OFFICE PHONE 24 Dwiawy Gouat 326 4 Tynewriters From $5.00 U, Factory RebuW - HARTFORD yp ewriter Exchange 26 State St,, Hid OUR IR ILLUSTRATORS ENGRAVERS HARTFORD, CONN. Wall Papers—Room Mouldings— Wall Papers WALL PAPERS OF NEW and NOVEL DESIGNS all grades, p 304 MAIN St. Sign ¥ 1 MORGAN & ESTABLISE the oldest Wall Paper and Paint Shop In the rices right. Takers. 'Phone 534 KINGSLEY 1D 1854, City.