The Seattle Star Newspaper, April 4, 1917, Page 4

| y i (EDITOR'S NOTE.—The author of the following editorial, Theo. H. Price, editor of Commerce and Fi mance, is one of the ablest and clearest thinking of Ameri can economists The periodical which he edits, while devoted to the interests of the so-called capitalist class is so fearless and broad-minded in its interpretation of events that it is ina class by itself.) I] feel impelled to speak a word of caution with regard to the wave of speculation that is now } Sweeping the country in anticfpation of the profits and high prices that are expected, now that Amer- : ica entered the war. When the exchanges were | closed and the country was in the depths of de- aa — that prevailed during the autumn of 1914, } 1 was among the first to foresee and predict the boom that would be caused by the war borrowing of Europe, the consequent credit expansion and the export demand for American goods. I said that the ne nations were in the case of a man who was without money but owned a handsome home, If he mortgaged his homestead and spent the eds, temporary prosperity would be enjoyed those with whom he dealt. Now the mortgage money is nearly exhausted; but because America has profited for a time from the improvidence of others, every one seems to | think that everything will continue to advance in- _ definitely. \ Even if it were not true that the universally expected rarely happens, there are many sane rea- sons for believing that the expectation of a sec- ondary war boom or a peace boom is illogical. The theory that the war expenditures of our own government will yield large profits is nega- tived by the wide acceptance of the proposal that the costs of war for the United States shall be met by the conscription of wealth—i. e., heavy and di- rect taxation, rather than by borrowing. This policy would prevent the enrichment of the rich and the impoverishment of the poor, that is often caused by war. It is just and it is democratic, and there is every indication that it will be followed. The newspapers approve of it, the labor unions indorse it and the capitalist may not oppose it without impugning his own patriotism, for he can- not demand that the young men of the country should risk their lives in its defense and his pro- tection unless he is willing to sacrifice his property in the same cause. The declared willingness of our great commer- cial and industrial concerns to serve the country without profit is another manifestation of the same spirit. The offer of the copper producers to sup- ply the government needs at 17 cents a pound is one case in point. There will be United States if but little war prosperity in the America enters the struggle. STAR--WEDNESDAY, APRIL 4, RAI AALR ARR AANA AAARAR ARAL RAPP RPLPLAS Our War With Germany Must Be Undertaken in a Spirit of : Sacrifice, Not With Hope of Gain 1917. PAGE ¢ Public sentiment will prevent the admixture of profit and patriotism, however it may be dis- guised, The tendency will probably be toward an in- crease of production and a lowering of prices by harder work, longer hours and the conscription of those wage earners whose chief concern now seems to be to get the most money with the least effort. In this respect their philosophy, if it can be so de- scribed, does not differ much from that of the speculator who hoped to get rich by buying some- thing and then going off to Palm Beach to spend money while the market advances. The disposition to loaf has become so general that we are consuming more than we produce, and the gfadual strangulation of business activity by high prices is the result. It is apparent to the close observer in every direction. The country’s bank clearings for the week ending March 17 were 10 per cent larger than in 1916, but the average price of commodities was 40, per cent higher and the indicated volume of business, as measured in tons, yards or gallons, was, therefore, 29 per cent less than it was a year ago. The railroads are being strangled by the high prices of coal, iron and labor. There is less building and new construction in prospect than in 1916, ¥ E SEATTLE STAR 120T Sevemth Ave. Near Unies St. OF SCRIPTS NORTHWEST LEAGUB OF NEWSPArERS ‘Telegraph News Service of the Untted Preae Aascciation Batered at Seattle, Wash. Postoffice as Second-Clase Matter, f mall, out of city, 35¢ per month up to ¢ mea; @ mes $1.90; rear , ane By carrier, city 5c a menth. Pheee Mata 00. Private Deity by The Star Pubfiebies G ouche on War But Bad Business destroying military roads, trenches and fortifications, by legitimate war necessity. In destroying farms, n tools, orchards and other property of little or no @ in warfare and essential in the rehabilitation of peace, jams are sowing seed the reaping of which will be has been the declared purpose of England to wipe many. This sentiment has not dominated the French. has been fighting for self-preservation and restora- of her lost provinces. But the wanton and permanent Sof her northern territory must breed in all Frenchmen d so deadly that only similar ruin of Germany can it. It will be bad for Germany, on the day of settle- when the millions of France demand not only indemnity igeance. If the Russians are going to have a republic, we ought ‘Sympathy to ship them a few political candidates with names like Smith, and Brown, and Jones. § the eve of the ordered strike, also so closely on the ‘eve of that supreme court decision as to warrant strong n of a “leak,” the railroad managers announced that, B patriots, they would abide by the Adamson law And now these same managers are before the interstate - commission asking that, thru increased rates, they pitted to take the raise in expenditure out of the public Tn 1916, the railroads’ net profits were 30 cents on every they took in for freight or passengers, and business far this year indicates a still greater profit. of patriotism, all right. ; Corn $1.13%4 at Chicago, the highest mark ever ‘feached. If there’s any doggoned fodder that isn’t be- coming an aristocrat, w we'd like to get our teeth on it. The kaiser has now proclaimed a barred zone in the ocean. Somehow, he still neglects to zone Lake For the invalid as well as those in perfect health Baker’ Cocoa iS an ideal food bev- Walter Baker & Co. & Co. Ltd. ESTABLISHED 1760 Relieve Your Liver When your liver is out of order, your head, stomach, Bile and bowels suffer with it. that 1 is — a ilious ok is often serious. Ward it off with a few doses which gently arouse a sluggish liver, and renew the activities so necessary to good health. They never produce any disagreeable after-effects. Their prompt use is beneficial to the system, and will Prevent Bilious Attacks Directions of Special Value to Women are with E: Seld by dregs Groughout the w Lada ana! Pog, their retreat from northern France, the Germans are/ (Continued From Our Last Issue) | Fraid he wouldn't stand for|charges from the Chicago White) Spring moving time is at hand With the team in a be it,” argued Tris, “and if he did, in| Sox. , however, there was no Your health this summer may de slump, the pitching staff a week he'd lesd his keeper|rival clash. The two clubs had pend upon and a lead of than t¥o ga! oatray,” met for the Iaet time, and honors kind of a house | Not on your life, Tris! You Win laughed But you don't | *ete even for } get the umpire to order me off the quite get me. Barney mustn't be|. Washington must beat the Giant j field, but Ti not quit for anybody | wing his keeper and the keene: | kere and Chicago must win from out | else—get that?” of Ben ented Detroit in order to bring one end tached ont This gingery disiogue took place _ <1 got you—but where'd you find |2% he World Series into Lakeville, ily house [in Chicago. Three days later Bar th. man? [These two “deciding” combats be possible tney Larkin felled to show up the atant ts Gena jean a day later that {t has lawn 7 b quad--Steadman , . afternoon he was down to pitch.|_young giant left-hander wel,..0” {8%'8 dinry had these en- and = gorden Hawk, who didn't have the stuff. pave a ae sunlight and fr air and 1 moe Tuesday night —Philile New Ys tried to ffl! the south-paw's shoes Pat I'm going to send him tolvork tied In the National. a place for rest and recre | te jand he'd be taking chances for I - | don't know who'd give up a dollar| daa 0 bury you. You're nothing but an . h all day, both of ordinary bum.” them, without a single bite, and | There was a split second, when | home bappy at night ft appeared Itkely that Parney Say, I'll stock a trout pond near would strike Shute. Tris Ford, who | t@ ball park and build Rarney a |had crowded into the elevator un-|8Kalow on tho shore,” auld Tris seen, scenting trouble, contrived to r and manager laughed | worm his way in front of Barney, |“ 'th the fervor of a couple of kids He gripped the pitcher's wrists and I'll revise my Hat and hold onto "We have an awfully strong country, if it can stand this} after dinner, wher tomorrow the | field will look | Barney, THE DOUBLE SQUEEZE By Henry Beach Needham ‘ Copyright, 1915, Doubleday, Page & Co, CO | Hed $100,000 in a plugged nicke! you're not worth a damo » anybody but the undertaker— o-¢ “mon bond? Tris looked re Izaak Walton.” they're both disciples of |held them lke a vise. The danger | Steadman,” promised | wan averted. But that evening, if you aay #0,” said Shute, “I'll Bhute was sit.|COach the youngster in new | ting in his room ding, position’ Next to Barney, he likes |ager came to him at me better, I think, than any man If. Together they discussed | the team s pecullar case from every Next to Barney?" questioned | possible viewpoint Pris | “You put him in his right class Yes. 1 don't fish |a bum,” began Tris And thus, to the surprise of the | “But I oughtn’t have said it," ad- | Catchers, Steadman was retained mitted Win. Tris ri and Win Shute were Never mind about that—you Me ones on the ¢ that | Were justified in saying ‘most any-| knew wh Stesdman stuck to thing—you playing for the club| Barney closer than a prot! | when you should in bed Damon and Piscatoriua,” Shute Cut that ont ! 1 want the |! dubbed the pair, And, kept ‘nnant—want to get into the|‘@irly well in leash, Barney Lar-| World Series money again—you kin was a big factor in the win know it ting of many a ball game. 30 do we all of us," agreed| Before the season way embalmed % Ford ling, and the Official Peseball Guide, Tris And there'll be no pennant thin| ford exhtbited the first signs of season if we can Barney Larkin p lang, 1} nnd immobile that’s a cinch.” Tris Ford sup-| bever batting an eye in the most pressed a sigh of pure relief. He ing situations, he had been wont now ventured to remark follow the game from the dug “If you boys want me to let Bar. UA fiction there was that he Iney go, why—he goes! You won't “naled with his score card; but seribes put it, he hegen to act like an ordinary, fleeh-ard-bdlood human eing. He moved uneasily we've got to get along ith him somehow or other | James Winton Shute exercised | sig bonch, sometimec einyen jhis gray matter for a brief space |irazeniy to a player and a jof time; then his face brightened, | ‘sionally known to’ glee vent to and he proposed divappointment or disgust by Act §| “Have a schemes-why not ap-|uaily slapping his knee in publi | point a keeper for Barney? Ne was not thy same Tris Ford | “Keeper Tris emiled, but!) not by an obstreperous nervous vLook his head oyet | Someone to look after him But who, save a block of lignum never leave him a minute ‘opt the ot ldn't have allowed hia when he's snoring,” elaborated |Geep concern to be occnstonally Shute veen? From the middle of August, when the Western clubs made their last journey East, the Giant SECURED baat gig ah « Our Unaualitiea mmendation for SAPETY In Amounts of killers were scheduled, week, to “blow’—that is, to drop back fn the race. This disaster threatened many times. Once the Giant-killers were two full games behind the Red Sox, then leaders; uut lowly Washington surprised the week after $100 and $500 lent, the Vice-President, Sen- and Congressmen by beating Yielding 612 Per Cent ||| the Speed Boys four straight, and ‘hus taking second place BOND DEPARTMENT Came the very last week of ‘ the season with more excitement Guardian than the nation’s fans had ever Trust & Savings experienced The pennants in both the major leagues were in Bank doubt! The Giants, expected to “repeat” |and again participate in the World ‘or, Wirat Ave plumbia St » PETITE ATTY FE PRE TLE) BERT TY have to say the word twice. It's |©iherwise he was as impassive an up to you.” he pad on a penny—until | ‘We can't win without him—you | ‘he fetch of this nerve appreciate that, Tris, He's a weak-|Preaking season, Then, as the} a cut were to engage in throat ateuggie with the Phillies. M ° Ti If New York ke even, the cham nomen | Moving Lime Giants But if on Pather Penn would carr toe fag. This werien ovened on | ESSENTIAL FOR In the American the Giant-killers GOOD HEALTH had to keep abead to win. A game end a half separated Tris Ford's and the Giant-killers were beaten rhe minors, to keep the squad edesday night tora| Stion in the open air. | trounced three gamés out of four in/down to 26." This was the gill @ game and » half aheed in the| Trees and shrubs in the front the neries. ague's rile from May 15 to Aug-|National seen lawn should be carefully trimmed Getting back from the grounds, 16. Thu ay before dinner as not to cut off any consider the team found Barney in the hotel You were going to,” corrected |}', Mea!” betweon awenal: wet 8) able share of light and sun from lobby, mixing {t.up with the hotel bute with a grin; “but on second | White Hox In the American 024/ the house and windows. porter, a friendly soul, who had | guess you've decided to keep him| -Friday night—Phillies win the! Dirty backyards, neglected gar tried to lure the “full” pitcher into |here to learn the pitching art from|”*Gn" the same day the Glantkill.| Dae cans, stagnant water and| the privacy of his room. t sight Parney Larkin ar t left lors with Berney Larkin on the| *!ops thrown upon the ground may of Tris Ford, Barney sobered up hander of his geMeration rubber, defeated the Senators| !™mpalr the advantages of the best peur mel he and lurched into ite Tris Ford smiled understand-| nije the White Sox were white | @ffanged home ee heavily against in go ge asked s|washing the Tiger! No change| See that the landlord keeps ai| | hy do you pick Steadman for’ their respective standing—t parts of the building free from dirt It was the muchadvettised last |the job of keeper? ~—“'ng American Leagus teams | and rubb' bale of straw. Parney’s king | | Because he doesn't drink ju oat a game apart from dampness, that walle ever the traces and ne drop, be © in a souffle he's Uieeet oy ciate ft eek aera vy and strong enovah te take! —CoZttinued in Our Next Issue.) painted when necessary and that” was too much fer James Winton |care of Barney and put bim to} Shute. He spoke his mind sleep, because Farney kes him, “If Ford doesn't tie a to you and because they bave a great common bond. APPR P DPA LL PPP LPP PPL LPL PDP LPP PL PPLE PPL PEPPER the have at least two windows rangements and comfortably furnished and the} most Rugs of a warm and cheerful color or combination of colors should tb used as a floor covering They are more carpets when |e*t place be bright and well ventilated. are better than board fences. bigh all kinds of rubbish wire fence allows for A ‘proper mixed diet will promote growth in geferal. e tleanakes in China, where they are that cellars are free| used in medicines, a South Dakota woman offers to supply from 90 to 100 a day. ne pt tPA Many factories are running short time be- cause fuel carce and high. Paper is high and fewer books and newspapers are being published lhose who must, are somehow learning to do with less, and the result is a gradual curtailment consumption thruout the country. This is the inevitable result of high prices, and when the iden and fortuitous pros- of lassitude of sud perity has passed and people are willing to go to work again, it is altogether probable that the stan- dard of li and wages will have to be reduced thru subjection to the healthful but disagreeable pline that we call hard times. It is time that we rid ourselves of the delusion that the world can be indefinitely prosperous thru the expenditure of one hundred million dollars a day for war and destruction, or that America will benefit financially by joining the struggle. For us war seems to have become a duty, both to ourselves and to humanity; but it is a duty that will be poorly performed unless it is undertaken in a spirit of sacrifice rather than with the hope of gain. The sentiment of patriotism and the science of economics are not inconsistent. Both are opposed to any further increase in the cost of living, by speculation or otherwise, while civilization is struggling for existence. a T oof be not allowed to leak Every room in the house should and ar for cross ventilation | n possible. » living room should be cozily , usable room in the house. COLYUM A little book shop has been opened im Tacoma by a poet sanitary than tacke¢-down Bedrooms should have plenty of who has had no previous busi- fresh air, be lightly curtained and! ness experience. G-bye, i"! simply furnished. Brica-brac and| book shop. Take keer yerself. large pictures collect dust and have | Presa no place in @ bedroom | ADD “OVERT CITIZENS” The kitchen should be the clean- H. K. Thaw. in the house. It shOuld The court has decided that he is insane again. Open wire fences about the place| How long, O, Lord, how long? A see Mistakes will happen In the best regulated newspapers. One highly respected organ refers a screen for and dirt. A vines, flowers board fence is and shrubbery. to it as “the court of com- _ mon fleas.” Health Questions Answered oe W. P.: “What foods will in- THE BEST ADVICE — crease the height of a 16-year-old | “Mother, may I go out and strike?” boy? “Yes, my darling son. No foods will increase the height.| Kang your woes on the president And don't go near a gun.” o-. KNOW SMELL OF POWDER! Why shudder for the country's safety now? The Thalia cafe tstaged preparedness week last week, and the ballet girls march from 8 p. m. until 12, Hearing of the demand for rat- Don’t Wear a Truss Any Longer After Thirty Years’ Experience 1 Have Produced a Rupture Appliance for: Men, Women and Children That Does Away With Truss Torture. Sent on Trial to Prove It Pennsylvania Man Thankfu! p it u intes you and have alway intl T gotyour Ap 4 very easy to Wear, fit and ie not in the way at any day or night, In fact u at times 1 aid not Know T had it on elf to the shape of the t, no Avena fer from all could procure the » Rupture AppMance and wear would certainly fever re fit of his experience. Appliance nity presents itwelf Twill aay a good) sixty-el@ht years old and word for your Appliance, and also in KBekle’ Artillery the honorable way in which you *o. 1 ho pd will re people. It ia a the good you are vend a good thing ring humanity ends or # angers Yours sincere! rang ura aincar Yours very sincerel JAMES A. BRITTON 80 Spring St, Bethlehem, Pa Confederate Veteran Now Well | Others Failed But Mr. C. 1 Marshall, Brooks Mich Commerce, R, F. BD, No. 11 4 all you claim Mr. C, B. Brooke, for t 8, for Marshall, Mich cured Dear Sito am glad to tell you) him w ita year In that Tam now sound and well and/ although tt cured him 3 can plough or do any heavy work. after he had begun to wear tt Tecan ance has effect-| had tried several other remedies and af 6 Before get-| mot no rellef. 1 shall certainty tin 1 was in @ ter-| recommend it friends, for rible vad given up alljsurely o ope any better, If it hadn't been for would peer your Appliance I have been cured, Tami No, Main St The above is C. E. Brooks, inventor of the Appliance, who has treated rupture over 30 years, and who is now giving others the bene- 'f ruptured, write him today, at Marshall, served D,’ BANKS prove what I say the Appliance Saves. Ten Reasons Why You Should Send for Brooks Rupture Appliance 1, It is absolutely the only Appli- nen of the Kind on the Markee Roe are embodied the nventors have « retaining the thrown out of cannot be ‘. Keing an air cushion of soft rubber it clings closely to the body, yet never blisters or causes Irritas 4 Unlike the ordinary so-called Pads, used in other trusses, it js not cumbersome or ungainly. It is small, 5 soft and pliiabl and positively cannot. be, deted thre the clothing nt tt, pllable banda holding iiance do not give one the ant sensation of wearing @ There is nothing about It to Ket foul. and when it becomes sotled }} pan be washed without injuring no metal springs { to torture one by cut+ ising the flesh All of the material of which Appliances are made ts of the Very best that money can buy, oughly es an experience of over years of dealing with the and my prt my terms so falr certainly should be no hesitancy im sending free coupow today Rupture Healed in Four Months Jansen St, Dubuque, Towa. Marshall, Mich, baby’s rupture ta thanks to that there Mich. Remember ks T wend my Appliance on trial is true. You only” have litte boy our to be the judge. Fill out free cou-| would not have had to suffer nea® pon below and mall today as much as he did. He Wore your . brace a litt ver four montha, Youes very trul ANDREW EGGENBERGER Mr. C. E, BROOKS, 1098-B State St., Marshall, Mich, Please send mo by matt wr your #hw book and full ormation al Appilance for sipture tt Name Address: RFE ehty State honesty . S are #0 reasons