The Daily Ardmoreite. [volume] (Ardmore, Okla.) 1893-current, 1914-08-30

thousand dollars of this kind of mon
ey. ! understand the bank of Dur
ant has joined the one at Dallas,
with a view of securing their quota
I am today by letter urging our local
banks to take the proper steps TO
ioin this association or become con-
nected with some bank in the east
that is capable of handling these cot
ton tickets as collateral security to
the loan bank here.
Fourth, especial care should be CIV
en- by the farmer to preserve cotton
from damage by wet weather, as the
staple will become an important item
caused by being stored so long, and
for the further reason that a recent
act of congress establishes a stand
ard of this kind.
Fifth, our people should conserve
their resources to the utmost reducing
their bill of clothing, fuel and food
to the lowest possible notch, con-
sistent with decency and health. Lux
uries should be eschewed, because
we are cut down to a war basis.
No one can, with certainty, determine
the extent of this conflict. Lord
Kitchener the great English military
critic, has said that it might last
eighteen months. Sir Edward Grey,
who, in my Judgment, is the great
east European statesman, said that
this battle with the allies is only
phase, while with Germany it is
vital. The latter recognizes the eX-
tremities, to which they are being
placed, but ultimately, unless the un-
known quantity of the Zeppelin, prov
es all that is claimed for it, the
Russian hordes, coupled with the
brains of the allies on the east, will
close the German army like a wise,
and almost sweep this large, prosper
Ous empire from off the map forever,
or else initict such a dreadful penalty
as will place the people of Germany
in peonage and bondage for unnum'
bered generations.
Commercial boycotts of the war.
ring nations, coupled with the new
opening for our products in the Orient
/ and our strong competition for the
trade of South America, may make
up the deficit caused by this war
! There are two economic PROPOSE
tions that stand out like a beacon
light One is that at this time our
/ goods are bottled up, and not until
! some definite date in the future when
one side is master of ;he sea the
| expectations to the warning nations
will probably be seized as contraband
on high seas, if consigned to the
| port of a combatant. However, il
! is an admissible proposition of in
/ ternational law that where a cargo
/ is consigned to a neutral country and
carried in neutral ships, and even
| though its ulterior destination is
that of a warning nation, yet the
cargo may go through to that point,
1t is this provision of law that might
permit our shipping cotton and the
like to Copenhagen in Denmark, say,
and then have it consigned to Rus
sia or Germany through this neu-
tral country along the lines of com
munication that are not at that time
severed. If this could be accom-
plished a percentage, however great
or small, of our cotton cloth, be-
cause factories are closed, will find
an ultimate sale in these warning
countries. The ship registry law,
the national mercantile marine, the
government insurance, the emergen-
cy currency all factors showing that
there is no question but that the
Yankee ingenuity coupled with our
energy and technical knowledge of
such men as Warburg on the general
reserve board will, to some extent
at least, ameliorate the conditions
that now exist. This war has thrust
upon us, unasked, an advantage of a
hundred years. We must be up and
doing to realize its full Importance
and to appreciate the full extent of
our destiny"