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NEW, BRITAIN W BRITAIN HERALD ) | will 1 create ed dally (Sunday excgpted) at 4:15 p. m. &t Herald Bullding. o7 Chureh St ing a | | { | | ng. st ‘\ ered at the Post Office at New Britats | a8 Second Class Mail Matter. | vered by carries to any part of the city S for 15 Cents a Week, 65 Cents a Month criptions for paper to be sent by mail, | [Payable in advance, £0 Cents a Month, $7.00 a Year. i { ment corps i | the t only profitabla advertlsing mcdium In | he “city. Clroulasion books and press | oom always open to advertisers. | s | r be founa on sale at Hota- ing’s New Stand, 42na St. and Broad- ay, New York City; Board Walk, at- antic City, and Hartford Devot. been Herald will 1y to. TELEPHONI ess Office rial Rooms CaLLS. 5 | Club an TRAINING THE MEN. pllowing twenty-four hours of un- [ing inty Niantic ‘ in th the that at word last at s from Camp Holcomb that the of the National Guard that was, Inited States army that | civil is are to start for an unknown the southern border for service at ront. point New Britain was prepared | bvening, following the bulletining he report that the troop trains to proceed through this city, to r along the tracks for The report as did several later ones dur- in final a ell. proved false £ war he fies and night. Delay gathering congestion of given as excuses for .the service in late | ebady failed is the supposition reading the orders as they are | OV from - the And the is not the army government but Of course but received after the tion of the camp until the time arture but the clearly the railroad boys face a severe trip of prob- our days across the continent troop trains which are not as able as they might be. Tt is | that nothing but day coaches p the outfit and these wil] have ade the best af for sleeping as s day quarters. However the at there are large numbers of fal souls in one group will help the monotony of the trip, will undoubtedly be made as as the trains may be rushed camp. e up to the railroad. for ls or the natice was | than | city. issue sons | | ‘i time. pairs, short fense railroads, in the present emer- pre doing more than was pro- by those who have been using or freighting few would develo troops purposes during weeks. Those who pre- hough, did not hesitate to say would be impossible to mave ps at all. This will not prove ment. ko but there must be a great chafing at the seemingly un- ble delay. transportation With bf men with pnt at a week’s of a supplies and notice is a p that taxes human ingenuity, arly when the distance in- s as great as that which exists. large ‘'SOCTALISTS” SPEAK rumblings are being heard he streets following the re- pf self termed “Socialistic f” who have been talking on | pt corners about the city dur- past week. These gentlemen | rful voice and unthinking ex- | have been calling forth the j£ their fellows and it would jurprising if a riot were pre- by one' of them at an early force: time. time, here are a number of local of the Soclalist that ome sickened at the utterings | at the people of the city by | e philosophers, and they have rized the speakers as anar- bt socialists. One of the speak- credited with criticising the | spirit and calling for con- tion against war. ght. The American people, do not wish war with Mexico. . when these people the killing of their fellow hen by foul methods they nforce upon the outlaws that can not continme. The boys Britain going to the front | sh to themselves to‘ needlessly. They b reasons and impelled by a patriotism which extends to ! s have gone out to fight for | par are same the offer - place. the | en they never saw or heard | number of American aviators i . If any of these boys are rticularly by treachery, their | mater es to avenge their deaths if | fow That is the way street corner disturber stop , bring the issue to his own if their is suficlent patriot- ¥ member of his family to | gave 8 own were with of killea. folded lett If he! hands and | ginia. the gre is a . f.w? K8 as if sor e by MeER OUT sir ppéns it would be‘\.‘ st to pick well his efor the | aking any declarations.®\be- multi- of n | cause amiliz str face torn lead e fr reserve quately and America, where was originally be slow in taking the hint. of war with Mexico a few save an enormous number of battle itles are that the Allies combined have twice as many. England for ten thousand, but that not known. has destroyed more planes than United States evér handed, The United States twenty-third In the list of countries of for army is composed a a tape of men i premature e, not, demar measure. WHERE ‘e the of & for in a gro It government of immense 5 those able service examinations formation is of a number going obtainable braving a training school office that there are this vicinity remains for government to prepare for tion of the country the recruiting of an that Mech: There numbers. trained aviators capable of giving les- in New the present Mac and time. and D, is an vance of the troops, the danger of ambush may be averted time would not in men or machines, In fact the price There are at statistics may not be actually ver! What an insult to the forcs m world from aeronautical strength, and the appro- And think | the aeroplane is the = nited 1 fal is ed in the prov satoguarad back for years, ever since the Wrichts the first official ossible that one 1a serving at | chine for flying hefore officials of the and think what he would do | trnited States at Fort Meyer In Vir- The remedy is obvious. even ont p servi America, city, scout work proven by ARTE sitation OUR for the A local unit of e in time of sentiment time peace wing | try in favor of such a step, has been propos and to the whic factor in for aviators with the nunde to pass the ¥ at present will probably as to the is appraised of some a bette which centers anics are here are at Britain at hinery flight conditions The value of has the the developed, expected be the order of the day, tempts by large forces of the enemy to cut off detachments stragglers and rom the main present, that are serviceable at the at th practicability. is said has ni The any in One aviator in owned stanc the in the shame of States, that 1se, that available, and months because of the of man. | the National Guard has been neglect- fon of equipment to it. The exhibit a ripple on the da e are ages these y from of his stripe he there 1d individual in a long black coat, carry- PLANES? of aining of civilian aviators for a th in | as well as elsewhere about the coun- an furthering cause of aerial defense, that a train- school be established neces: the front as soon as possible. available as to the formation of units or the possibil- o | tion as a unit and remaining intact. | However, it he but short time until definite information is possibilities here. some two score men in who are willing to s: this branch of the service, decision from the It would be hard to find in any sec- S50 aerial about in least is present for are variable as might be found anywheore. Pending before the Senate is a bill which calls for the appropriation two million dellars for planes and for the establishment of training schools, which will probably be passerd aerial been war abroad, ae! should In m lives in the guerilla battles whi Organized opposition to our hardly familiar with the Mexican tempera- Skirmishes and ambushes will o plek column. acroplane to cover the ad- a great deal Enough aeroplanes to keep the entire width of the border in sight be of enormous cost of one dreadnought would equip with the required number. thonugh but four aeroplanes on the of individuals in power in our nationaj government, not only but for as many the heavier than air machine has proximated as valuable in peace as in war. Germany it thousand aeroplanes in use on the line in Europe. o vears 1 They ne robabl1- sued ord whether service or not G andpoint priation of five million dollars instead of two would place it he it development of the United | States was the first to acquire a plane | there arc ice in France thereby proving that the that hun- d relatives at home will fill | dreds of lives may be lost in the next fact shame of a Colonel Roosevelt’s “decision’ things b At last we are forced to admit it | the Mexicans have a deep sense this city the Latin- Min- and government of peace and will maintain peace at any That's the funniest thing out in months. humor. to In governments Foreign his note may be | American for an |ister Aguilar says: “The people or Mexico are lovers cost.” of Mexico levelop- AND PANCIES. FACTS 1e Aero var and be deac in Villa the New niay ramj York | on northern Mexico. Sun. ere has to by in | : | Two drcadnaughts addition | S the battle cruisers approved the have been agreed upon by the administration and a senate con- ! ference committee. That more like it!—Buffalo Commercial. fire a right- house, to the is lane proven That 20,000 more men should be added to the navy’s force is hardly a statement that calls for debate. Quick action by congress is possible and should be se The navy’s shortage of sailors has long been ap- parent.—Brooklyn Eagle. the :{flm‘: ured Ax sent to NoIn- | x petter nor more striking proof of the patriotism of the young men of ! America has ever been afforded than the instant and eager response to the president’s call to arms. From one | era of the country to the other, militiamen answered almost on the instant.—North Adams Transcript. one a of The fact | Phonagraphic books are soon to be | The author's text is to ba read and recorded by a sound repro- | aucing machine. The idea has many rossibilities, among which is the de- sirability of including a device by means of which the hearer may skip | passazes to his oldtime prerogative. ochester Post-Ex press issued he o and it the according next In Paris Mexican developments are | being watchea with keen attention. The American attitude is indorsed | fully, partly on account of French traditional friendship far America, listrict corps this great two that Germany is respomsible unrest. Carranza is re as Germany’s tool.— opinion for Mexican garded merely ve. | Harttord Times as | If Lower California achieves inde- pendence of Mexico will its future United States, as was the case with | Texas after she threw off her allegi- ance to the land south of the Rio Grande and with the Lone Star as her emblem maintained her autonomy for ten vears preceding the first war with Mexico >—Brookklyn Standard-Union. of in a de- ade- MO The haste of the de facto govern- ment of Mexico in attempting to dis- | claim responsibility for the encoun- | ter at Carrigal indicates that its mood | is not wholly warlike. We do not | desire to make war on Mexico. But | there is no further excuse for parley | | | roplane not case achines of ap | O argument. Meanwhile, the w rumors of foreign influences at work against the United States without verification. indication whatever that the United States has anything to contend with in the present crisis except the traditiona] Mexican preju- dice and intractability.—New York Times. 1 in Mexico are wholly There is no by those ith at- off About the most absurd thing in the world would be ta vield to passion or anger because Mexican soldiers—of sorts—have murdered American sol- diers. We shall have to to murder. We shall have to put an end to that sort of thing that has teen going on for several yvears on cither side of our frontiers. But we shall do it as we did the Cuban job We shall do it as a physician operates to remove a cancerous growth. Above all, we shall do it as a great and civilized nation dealing with a | weak and barbarous state—and this circumstance we must never forget.— York Tribune. of at one our the fied, horder nt ght pres New Time’s Deadly Work. | (Washington Post.) as| When the late George D. Prentice | alluded in ryythmic metaphor to the “fierce spirit of the glass and scythe” are | ne wrote better than he knew. Others have referred to the ‘“corroding tooth,” which is much the same purpose. And it is all of that. We have wit- nessed with small qualms the passing of beds in which George Washington slept. The springs from which he drank remain, although conservtion- is | ists claim they are fast drying up now that the forests are being denuded | The taverns frequented by Poe have been pulled down one by one. But the final blow is bestowed by the abandon- ment of the horse cars in little old New York. These are about to make present ack ap- or ten to there ermany the single- i ‘em. or in that, for right vea prov of )y electric batteries, bad cess to Considered psychologically, any other fashion, it is felt { once, New York has lost the sense of the proprieties. TFor | the traveling “hick” from the | inces has approached that center { culture with high beating heart. I New York, up to now, has been very wise. Crossing on the ferry from Jersey the first thing to greet the eye was the horse car. What native from the back districts had any fear after | that? Was not the sight calculated to restore confldence 1in himself? However, the opry house back home might fail to rival the white lights of Broadway, one thought of the horse cars put the rural visitor on his met- tle again. He took a fresh plunge with fresh courage. When the city got through with him he might not be so handsome as on arrival, but he knew more. And he could grip the | remembrance of the somnolent equine in the traces, compare the equipment to the rear with the new varnish of Podunk's electrically propelled rollinz stock, and find surcease from Sorrow. There {s a character of wisdom that and gen bhohemian The cobwebs worth to | { | about | | | | of eighth s that large serv- that | extends ma- didn’t capitalizes the anclent da No »es the ol bottles add enclosed. New York, the supposedly wise, has fumbled for once, As & that | wcome on” proposition, the horse car of | holdover was her one best lead. sur- discard new resort on ypeal { on ancient . i but his ghost is and partly because it is the una: @nous | i¢entity be merged with that of the | put an end | way for bobbed contraptions operated | the | DAILY HERALD. TUESDAY, JUNE 27, 1916. WHAT OTHERS SAY Views on all sides of timely questions as discussed In ex- changes that come to the Herald Office. Lesson in Unpreparedress. (Water! ) This nation is trying its best to get ready to meet Mexico in war, in case it cannot be avoided. Mexico is com- paratively small in territory and nam- | bers. It has no money, no lcade munitions enough only to last a few days, or a few weeks at most, of ac- tive war It has no army; oniy groups of disconnected soldiers, | trained and untrained, but hard- ened by constant internal warfare for several vears past and expert in serving under conditions as they ex- ist in Mexico. Suppose we bury Americ: a a are, ere preparing to meet a first-class nation, like German Japan, with large armies of trained men and inexhaustible munition sup- plies, such as these nations keep con- | stantly on hand for such an | gency | We find in getting ready for Mexico that we have an army insufficient to protect the frontier and make at the same time an incursion into enemy territory of even a few miles. The militia of all the states is called upon and is responding with all possible energy and haste. But it is found that the regiments are only half fille and have to be filled up by enlist- ments which there little enthu- siasm to stimulate. A few crack regiments are ready: the rest are get- ting readv. The urgency is so sreat that the government orders the vol- unteers to start for the horder in small units as fast as they are ready. without waiting the state's full | forces to be mobilized and equipped. Tt is claimed that there are uniforms {and arms enough to fit out these new | soldiers. That may be doubted. Br no one claims that there is ammuni- tion enough on hand to last an army a week of active fighting. The stuff that is being manufactured for for- eign countries cannot be utilized, be- cause guns and gun calibers are dif- ferent. What a or emer- is for lesson is unpreparedness. It will take months to make a show against this feeble neighbor. Going into war in this condition we can do little but hold our own, engage in sporadic warfarc and pay for what we gain. The Mexicans will be our match for an indefinite time. If the government had begun its pre- paredness when men of experience demanded it, two vears'and more ago, we would now have been ready to take this Mexican job in hand, if it could not be avoided, and finish it up in a thorough and orderly was, in fearfully | brief time, and at small cost in human lives. Tt is every man's every way that falls service, to pull the country this miserable slough it brought into. But there before duty imposes silence, the responsibility for this of unpreparedness where so that the country may what it means in the face of a war and insist that it be not allowed to continue against the possibility of a great one duty help in his line to in throuzh has heen | time to pla conditi it helon under: n Eliminate the (Meriden The head of a cial house, who backs practice, sa that the traveling salesman akes an impressive he use of advertising, and retailers alike. Advertising is more than the old method of personal sol citation, he says, because it costs less and sells more goods. Much adver- | tising goes to waste. no doubt; but the traveling salesman stem s much more wastcful of money and time. Moreover, the salesman’s salary and expenses “add to the cost of the goods without adding to value or selling qualities.” A#fvertising, while it is making immediate sales, more to establish goods as standard articles and ‘create permanent value. Goods sold by advertising are sold on thet {2 drummer may be sold only through personal appeal, which is local and | translent. The salesman sometimes tionable methods to sell tiser doesn’t dare to. virtually a guarantee changing type.” The drummer is a middleman, and the evolution of business is climinat- ing middlemen “The economy printed word,” . “need no culogy from me. Retailers recognize their need of the daily newspapers by their increasing of them “Things werc rent once upon time hefore the railroads farms into eitic Then the original retailers were traders. and carried their goods cross-country secking out | buvers one at a time. Now the re- tailer draws the customers to his store in crowds, and advertising is the magnet Representative retnilers are very particular about the goods they advertise, very careful as to the ex- actness of their printed word. So ave representative wholesaler Buyers know this. That is why they are | paving such careful attention the advertisements they see in pers.” Drummer. Record.) big eastern commer- the he for day of past. And argument is its uses ques- The adver- “Advertising i in bold un- and he efficiency of the us ai 5 turned to the pa- (Waterbury Democrat.) For a moment put yourseif in the shoes of Mexlico, particularly this part of the Mexican people who work to | support Mexico; who will surely have o do the bleeding and dying 1n war times. For six vears or more Mexico has been in state of anarchy and her 1t condition is the clinmax 1 | i Mexico Bankrupt. } | I pre | of narchy Even tk Mexican land title which he can defend and hold, dare not put in crops, sinco some revolutionary leader is bound to harvest his crops or a de facto gov~ J ernment will come along and reap o | | those who expected to fight shy of it. | | i | little | his theory by | by wholesalers | satisfactory | merits, whereas goods sold hy | them, leaving a receipt of more than dubious value. Close such conditions down upon an agricultural nation and it does not make much difference who is doing the de facto governing at the capital city. It is a bankrupt nation, and this is what's ailing Car- ranza. His government is falling through inherent causes, and his fum- ing about “national honor and dig- nity” and “territorial rights” is most- 1y one way of kicking against being put through involuntary bankruptey. If he kept back from Mexican soil every American soldier, friend or foe, he would still he facing national ban ruptey. He knows this and by talk is trying to save his face, whisl ers and all. War upon Mexico is not our seeking. President Wilson, wise ly and with the courage and humane- ness of a Christian ruler, has waited until insult was added to conspiracy against him by a govwnment which he was honestly trying to help. But let it be the most merciful war the world ever knew. Let bloody battles that mean promotion to professionai warriors and profits to munition mak- not the first aim. wr o ers be Its Such nch.” (Lamar. Mo. Sentinel.) Most any one can he an editor. All the editor has to do is to sit at a | desk six days out of the week, four weeks of the month, and twelve | months of the year, and “edit” such stuff as this “Mrs, Jones, can opener herself in the “A mischievous lad of threw a stone and hit Mr. alley last Thursday. | “John Doe climbed on the roof of | his house last weck looking for a leak and fell, striking himself on the porch.” | “While Harold Green was escort | ing Miss Violet Wise from the church social last Saturday night, a savage dog attacked and bit Mr. Green on | the public square.” | “Issiah Trimmer, of Running Creek, playing with a cat Friday when him on the veranda.” “Mr. Fong, while harnessing a broncho last Saturday, kicked just south of his corn patch.” Yes, it's a wonder they draw salar- ies for it! a of Cactus ip last week pantry Creek, let a and cut Piketown Pike in the was it scratched was Lloyd George—Agitator. | (New York Press.) | Acceptance by the Nationalist con- | ference of Lloyd George's modified | home rule scheme, which excludes six Tlster counties from its provisions, | calls attention anew fo the remark- zble success as a conciliator of this| strong man of the Asquith cabinet. | The vote of nearly two to one shows the heartiness with which Tloyd | George’s proposal was indorsed by ollowing a favorable vote of the Tnionists, the action of the Ulsterites nressages final adoption of the pro- posal. Lloyd George is proving his right to a title applied to one of the note- worthy figures of American historyv— the Great Pacificator. But of what| a different temper is this earnest, in- | cisive, sympathetic, wise Welshman! | Who would have believed, when he | sponsored the budget reforms which | brought him the enmity of the estab- | | tishea classes of the empire, that he | would so soon be their against malcontents? Henry Clay was a horn Put Lloyd George is a born cne who would crash old idols from their pedestals: yet one who, in the | Jresent crisis, is turned canservative | hecause he realizes that improvement | can come only through the tenance of recognized —authority times like these. This war did not whole-souled approval George. Thus we find carly, formative days of the conflict cpenly advising against the partici- pation of Rritain. But when | his country jrrevocably com- mitted he plunged into its service with all the ardor of his sincere tem- Tn one of his remarkably | frank and revelatory public speeches | later he said it was the invasion of | Belgium which swayed him. The part he played In adjust- ing labor disputes and the liquor question, to mention only the liquor spectacular activities, must bhe reck- cned when the history of this war is written. Now cames the prospect of success in his Irish mission. Premiar Asquith’s recent announcement thet nothing has been done toward filling T.ora Kitchener's post minister of war makes it seem probable that this place is being as has been rumored, to engage the attention of the government's general utility so soon as his present job done And Great Britain beginning to icok upon that wrk as successfully done which is placed in the hands of | Liloyd George champion | mediator, agitator, | main- in at first have the of Llovd him in those Great was perament has is eserved man is is Organize for Holcomb. i (Waterbury | The Hartford Times, contains a very fair opposition to Gov. Holcomb’s renom- | ination on the ground of age. It considers this a weak excuse advanced | by political managers who have not found him sufficiently pliable, and points out that when three s and | twelve years are not accompanied by | infirmity, the septuagenarian is well | fitted to retain his place in the ac- | tivities of life whether they are found | business affairs or in public office. | The real reason, it says, why Gov. | Holcomb’s renomination is not accep- table In some quarters is that he did | always respond to claims of par- | tisanship. This was notably so when in response to a request for the ap- | pointment of a republican to the posi- | tion of insurance commissioner, he | safd bluntly that he intended to re- | appoint Burton H. Mansfleld. | The one-term rule In rppnh]k‘nnf | | tepublican.) democratic, | discussion of the core in not state politics has more than once de- prived us of the usefulness of a good rovernor and has several times caused the promotion of a nonentity to the ,ifice of chlef magistrate. The only argument for it is that it passes the honor around and that is a mighty weak excuse. Gov. Holcomb is fit, he is willing to Serve again, no suc | picturesque | border, one of the first | its broad, | gates to the next state convention | vear will Lemberg of 1916 Different City Than It Was n 19141\ Washington, D. C., June less the Russians meet suddenly with their drive a signal Austrian tined the reverse in along the east front, Lemberg do- time seems des! to pass under the minion of czar for a second since the beginning of the great war. This, the fourth city of Austria, is de- scribed in the following war phy bulletin of the Natior graphic society, ington headquarters: “When the fortifications of the inner city of Lemberg were dismantled in 1811 and the space which they occu- pied was converted into ades for prosperous citizens this modern Galician capital of 200,000 in- habitants it was doubtless umed by many that having suffered ‘the sling and arrows of outrageous fortune’ for the first five centuries of its municipal existence, fate would allot it a sur- cease from siege and capture. “Lying sixty miles almost due east of Przemysl, and more than 450 miles northeast of Vienna, Lemberg is situ- ated on the banks of the Peltew river, an affluent of the Bug. It nestles in a small valley which opens to the north and is surrounded by hills, the most being the well-wooded Franz-Josef Berg, to the northeast. To the east, a distance of eightyseven miles, is Tarnopol, near the Russian points of , at- tack when the Muscovites recently pushed beyond the Galician frontier. “A description of the modern city of Lemberg as it existed in August, 1914, requires many modifications to- day, for the scars of war are to be found in its many handsome homes; well-paved streets; its Ro- man Catholic cathedral, a handsome gothic structure completed in 1480; its Greek cathedral, completed in 1779; its Armenian cathedral in the Byzantine styvle, dating back to 1437, geogra- a1 promen: the of a and its magnificent monuments to such | Polish patriots as King John IIT So- bieski, who after having saved Lem- berg from the same enemy a few vears previously, in 1683 saved all Eu- rope from Mohammedan invasion by routing an army of 300,000 Turks en- camped about Vienna, his own forces numbering only 70,000. 27.—Un- | |1 Geo- | ued from its Wash- | | Charles | turned to his shoemaker’s bench “Called Lwow in the Polish tongae and Leopolis in Latin, Lemberg was founded by a Ruthenian prince in Nearly a vears later it was added to the domain of Casimir the Great, who hestowed upon the ci*? the charter widely known during the middle the Magdeburg Right, “Following the fa hundred and privileges ges as 11 of Constantinopla revival of tradé was caught in the and pillage Lemberg enjoyed with the maelstrom which swept over the Ukraine and a part of Poland during the last half of the seventeenth century, when the Cos: ack hetmnan, Chmielnicka, was direct- - ing the infamies of the ‘serfs’ fur “Lem} s one of the Polish cities to fall before the arms «pt XII of Sweden when the ill- advised Avgustus II was drawn into the Great Northern War, which devas- tated central BEurope for the first twern= ty years of the eighteenth century. In 1772, upon the first partition of Po- land, Lemberg became an Austrign possession, and twelve years after this event Joseph II established the Uni- versity of Lemberg which, at the time of the outbreak of the present war, had more than 2,000 students. “One of the most attractive parks of Lemberg, and a favorite prome- nade, bears the name of the Polish patriot Jan Kilinski, a humble little shoemaker fought bravely in 1796, was captured and taken to St. Petersburg. After his release he re- and in his leisure hours wrote his recollec- tions, a valuable record of this peridd of his country’s history. “Since the establishment Galician Diet in 1861 Lemberg enjoved increasing prosperity manufactures includes machinery matches, candles, liquorsg, leather, br tile while its commerce is largely in linem flax, hemp, wool and oil “In 1907 two interesting finds wera made in the vicinity of this city by la- borers boring for oil The bodies of an elephant and a rhinoceros were un- earthed in a remarkable state of pres4es ervation, even the hides being intact, due, probably, to the preservative qualities of the oily soil in which they were buried.” a it rebellion east, but who of the Its and iron ware, chocolate, ks and o cessor has been mentioned who proaches him in equipment or char- acter and he should be renominated. The republican voters should stir themselves and see that he is renom- inated Thus far the friends of Frank Healy have been almost alone in their activity towads securing dele- and it looked at one time though they would tie up the nomination a majority of the delegates were elected. The warnings which were issued as to the probable defeat of Mr. Healy seem to have had their effect and his friends do not talk now as though his success is assured, but it is time that a statewide campaign was or- ganized in Holcomb’s interest, for he absolutely will not start the move- ment himself. That's characteristic of the man and one of the reasons why the state likes him. ap- a before . Business agnd Mexico. (Springfield Republican.) War on a considerable pacification for of scale the occupation and Mexico, in whole be wee or in part, the specula- might measured somewhat by past The dcvelopments. tive and investment in the least demoralized, al- though the stock market prices clined and buying on all sides restricted. Railroad shares and United States steel held up well. The bond market was inactive for the very zood reason that war would probably cause this government to offer new bond issues to compete With securities already in the market financial measures of this government might take doubtedly be successful. isting law, the government can offer to the investing public 3 per cent. Panama canal bonds to the amount of $240,000,000 and also 8 per cent. one- year certificates of indebtedness to the amount of $260,000,000 The marketing of new government loans may not be necessary, but if bonds should be issued it is not at all probable that the market for corpor- ate or Ruropean government issues would be seriously weakened. This country is now exceedingly rich in money secking investment. The in- terest and dividends on several bil- lions of dollars’ worth of American securities returned from Europe now go into pockets here home and make a huge fund for reinvestment purposes; and there are, too, the mil- lions formerly spent abroad by Amer- ican tourists, not to mention the profits from American industry since the husiness boom began. Tt is pos sible that if the United States gov ernment entered the loan market, foreign governments like France and Russia would encounter more diffi- culty In borrowing here, but the pay- ment of higher interest rates would doubtless overcome it. The stream of gold pouring into the United States since the European war began will amount to over $400,000,000 by the end of this week, when the fiscal close, the net gain in gold being some $350,000,000. Since the second week in May over $75,000,000 gold has come from Ottawa and the influx has not ended. No other nation today possesses such boundles re- sources as the ancing military operations A shortage in labor will be much felt if many more men than the pres- cnt national rd contains, when re- cruited up to war strength, are taken into the army. The effect upon wages may be inferrcd. Some industries would be stimulated by government contracts for war supplies, if a Mex- been de- sort would Under un- ex- at markets have not | was | | States along Whatever | held largely in the | were to be prn]mn;:r'rl’. for the present the government could requisition war material now being manufactured for European govern- ments. Industries supplying mater- ials for warships would be affected also, since new construction would he rushed on account of war conditions. Railroads would profit from the army’s demand for increased trans- portation facilities. On the whole, the general tendency would be to pro- long the period of business activity can campaign | which has already owed so mtch to the war in Burope That the remoter effect upon Amer- ica’s economic position would be good cannot now be affirmed. If there is tqu be a reaction sometime from the pres- ent abnormal prosperity, when Eu- rope settles down to the ways of peace and industry, it would as likely as not be the more severe because of the ad- ditional momentum to the present boom caused by heavy governmefit expenditures on Mexico. This sayving, of course, that the United with other countries would not profit in the end by having order restored in Mexico and a stable government cstablished. The natural.s resources of that country in oil flelds, mines and ranch lands are very rich and their futurc development under favorable conditions would mean the great expansion of commerce between the two countries. In one way, how- ever, the United States would be pro- moting the interests of creditors of Mexico in task of restoring order means, The forelgn debt Rngland and amounts to nearly $200,000.000 is aside from the that will have to be paid, probably, by the Mex- jcan government that gets rmly tablished on account of foreign claims for damages suffered by foreign jects during the years of civ war. Once in control of Mexico, the Unite States might have to use its own credit in placing a new Mexican ad- ministration on its fcet finencially; for one of the darkest features of the present situation is Carranza’s utter inability to borrow New York for the purpose his government on a firm Such a contingency in financing new order, however, would involve disturbance. since Mexico's resources are sufficient to make its credit provided the stability of its government could be reasonably as- sured. All things finance is but little shaken turn in the Mexican situation points toward the occupation of neighboring country. And this ably would be true if there were not heavy American investments already at stake in Mexico—the result of the Diaz period of capitalistic develop- ment. Finance, in brief, is strongly, in favor of the enterprise of ‘re- ducing Mexico to order,” from all the points of view from which it is not « Buropean assuming tha by military Mexico, France, This of i large sum a es- sub- - money ir establishing basis. the no natural good considered. American by any that the prob- sees | United States for fin- | velop a | much the better the problem. It even welcomes tervention for the reason given by Vice-President Harris of the National City bank of New York, in a state- ment printed in the New York Jour- nal of Commerce: “If we have to de- big army of occupation, so we need to develop it and maintain it hereafter, and no better condition could exist for doing s0.”" Business likes see a large rmy developed, and it is clear enough for the purposes of this article that business has little aversion to all the war on our southern border this coun- try could conveniently stand, in to