The Calumet news. [volume] (Calumet, Mich.) 1907-1938, 1911-12-14
ALL BUSINESS IS
HALTED BY WAR
EDITOR OF THE TORONTO GLOBE
URGES INSURANCE HEADS TO
USE INFLUENCE FOR
TREATIES.

New York, Dec. 14.--Stating that
war was unsettlng to business inter
ests and led to an adverse effect on
the physical well being of future gem
crations, Dr. j. A. Macdonald, manag-
ing editor of the Toronto (Ont.) Globe,
urged those present at the fifth annual
convention of the Association of Life
| Insurance Presidents here today TO
use their influence towards the enact
ment of the proposed Anglo American
Arbitration Treaty
ION this continent two nations of the
English speaking family live now and
have lived for a hundred years i'm a
fraternity which is the model and the
inspiration for all other nations of
the world said DR. Macdonald. ION
neither side of an international boun-
dairy of nearly four thousand miles Is
there fort or battleship. Because of
this freedom from menace there has
been freedom from war. What now
needs 10 be done is To abolish not
only the fact but the fear of war. TO
do that is the purpose of the treaty
OF arbitration now pending before the
senate at Washington
In the war councils of the nations
money speaks with final authority.
Was 1t not one Of the chief New York
financiers who said that twenty four
hours OF the Venezeula war-scare !
meant a loss of two billion dollars? |
What happened only the other day !
when war talk waxe1 high and hot be- |
tween Germany and Britain? Who |
called halt? Sir Edward Grey or
Lloyd George. or the German Chan
cellor? No! II was the omnlpotent |
House Of Finance
"Be that as Il may. certain 1t Is
that for you who hold I'm trust the
vast funds of life insurance com /
panies peace means prosperity, and
even the rumor of war means disturb
ance and loss. War anywhere cndan-.
gers the securities everywhere speak
not with the authority of your first
hand knowledge and experience, but
do | not speak the unquestioned truth
when | say that, of all men, you who
are responsible for the earnings and
savings of millions of trusting peo-
pie are bound to be pledged and un
advocates. of international
peace. The full power of your per-
sonal influence and of your associated
efforts must be behind the proposed
/, phf tfnnar which infp- |
pendent judicial processes and not war
shall determine international disputes
In your Judgment no lofty notions of
senatorial function and dignity shall
or block the way to the fra
ternity Of the nations. Not only for
the honor and the civilization Of Amer
lea, but for the sake of your own great
insurance investments Of
your millions of policy holders-inter-
national arbitration claims your vote
"But TO you an argument other and
more appealing than the financial must
come home. You and all your COM
panies are deeply Interested in the
physical and moral improvement of ali
The people. Every influence making
for the deterioration of the race is
to life insurance business.
The spread of disease. the multiplied
lion of the unfit, and whatsoever low
,rs the vitality or tends to physical
md moral degeneration are forces
working against the very interests
which you are banded together to con-
serve and to promote.
"Have you seriously considered the
'efex influence Of war on the physi-
al life and moral progress of the
nation? Estimate the inevitable re-
,ults OF killing off in battle or by
disease your men of high courage and
devotion. or of segregating in military
amps tens of thousands of the fit
specimens of your young manhood. :
Judge what II means to breed a new ,
generation from less than the best of {
he generation that went before" 4