Bisbee daily review., 1914-10-10
Saturday Morning, October 10, l9l4.
aNoBoDY oAN NM A WAR1

"NoBoDY CAN WIN A WARP
 While men everywhere are trying to figure out who is going to win the great war, anonymous pamphlet printed England four years ago and later enlarged into a book is making and Of a stir in the world It is The Illusion" by Norman AngeI who went from California to London and rose journalistic fame under Lord Northcne,
 The illusion" is simply this-that nation pos sibly win a war that in any war, all nations lose.
 No nation can conquer another any and all the seeming benefits of conquest nusory In olden days
 victor could carry away wealth of nation its cat ue gold and household goods Now the conqueror would have to carry away mines and factories railroads which is a difficult proceeding He cannot take the stocks and bonds for confscation would render them worthless If he oots the banks. he precipitates an in ternatioua panic in which his country suffers, and his own bank denies him credit
 "But the conqueror can collect an indemnity"
 "very we'll" replies Mir AngeIl "If he collects the indemnity in goods he ruins the industries of his own country II he collects 1t in money he must either use that money to pay home which raises prices correspondngy and nobody he spends it for foreign goods. and thereby impaira his own counuys prosperity and destroys wealth through hurtful com potion"
 The author points out that ten after the Franco Prussian war when France had paid Germany thousand million dollars and lost Aisace and Lorraine she was a better financial position than Germany
 The taking of territory is futile than ndemntes After the Boer war he reminds us when England had added the gold fields of the world to her possessions she was SO badly British bonds dropped 20 points After the SpanshAmercan war, when Spain had lost her colonies Spanish securities doubled in value After Japan defeated Russia she nearly bankrupt and the Russian budget for the time twenty years show ed a surplus
 If Germany annezes Belgium, what good can it possi by do Germany prosperity. which is the real test! Every property owner in Belgium will still own his pro perty Not gold mine changed hands in South Africa as result of the Boer war.
 "Trbute?" Conquerors long ago found out that peri odlc tribute or eNortonate taxation dscourages produc ton and hurts the conquering nations trade.
 conaueror cannot exact economic advantage. | Germany took" Canada what would she gain that she has not already got? England herself cannot contro Canada's trade.
 Germany has built up great world commerce that i not based at all on a colonial system.
 Naval armaments he author insists, worthless ii the creation of commercial empire Switzerland has big international commerce and not warshp, or eyeI a merchantman Belgium Holland Norway, Sweden Denmark they all have than held their own in th worlds markets without nayes, and their population Il richer per capita than the population of any Of the grea powers
 Increase Of territory and population that goes with sre apparently a detriment The finance of the little ma lions is sounder When Che book in question was writte Belgian three per cents quoted at 96 and those powerful Germany at s2. Great Russia could only ge sl for her bonds while Norway got 102
 In only one way. he expia.ns can colonization prov beneficial That is in the of country like India which needs policing to be made orderly and therefor productive The whole world. however shares Che ber ent It would be silly to quarrel who should be tin policeman.
 Thus it would do good for Germany to take En' lands colonies and impose a big fine on her. or vice vel sa The allies could not destroy Germany without de troyng themselves es-their commerce and credit. the own means of making living.
 That being Che case, wherefore all the fghungg statesmens puncured like tissue paper an 2oooOoOo men arc destroying each other and the world wealth to no purpose is assuredy "The Great Il sion"