The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-08-12
MORALS N
WAR LOANS
tchrIslIan seIence MonItorl

tChristian science Monitor.)
II EPEATEDi.Y the Lake Mohonk
conferences on arbitration have
discussed the ethical aspects
oil loans by non-combatants to war
rms nations 4 body Of opinion has
been crystallizing. tending TO insist
upon rcprobation of persons who, for
sake of gain. furnish the w%herowithal
that finances war, and without which
war could not be carried on. While,
during the past fortnight the United
states has been the main Source Of
supply for the gold that has Oeon so
much coveted 10y Europeans and by
European nations. the chief Interest
OF a majority OF o~nlookers. no doubt,
has been to note the volume OF the
stream pourins out Of the country
and the capacity at the American
market to absorb the securities offer
ed hy Europe. But "a minority, II
would seem. have been intent on an
other phase OF the matter. Among
them are thinkers. usually not in
harmony with the Lake Mohonk pact
fists. yet who have been constrained
TO say Our duty extends no further
than the payment of our debts.
Financing a war OF aggression Is n
sort of immortality. making the OPP
orator AN accomplish OF a sort. SYM
pathy for the troubled nations should
not extend to conformation of their
wrong doing. and seif-protection re-
quircs hat the demands upon us
should not be honored beyond the
letter OF our engagements, SO
writes one OF the leading Journalistic
representatives OF high finance In
New York City. Another journal of
the same type says. could anything
De more rational than a refusal by
the United states, the government;
and the banking and business com
muniiy acting together, 10 permit
Europe L draw on this country
further for the expense of the mad
courses on which II Is about To en-
bark -"
II the United States can influence
its own makers OF munitions OF war
Go quit making supplies Tor combat
ants in Mexico's civil war and thus
interfere with "A business that makes
much Of its profits by war aad II the
government can do this In support oi
a general policy Of p~acihcation and
restoration OF law me order. has Il
any right 10 interfere with a busi-
ness like banking. which often makes
much Of it, profits 10y providing
would-be or actual comhatants with
cash for arms. and food and raiment
for soldiers Neither makers OF am
munitions Of war nor bankers have,
in the past, had 10 face this and other
practical applications of ethical prln-
ciples, as they seem likely TO have To
face them In the future. IL has 0een
left for this generation 20 ask q great
many questions about business that
never have been ASKED before. This
question as 10 starving miiitarism hy
Withholding supplies for the war
chest IN, We think. one OF the most
searchins Of them. Persuade or
command nuid capital hat Il must
consider ne ends for which Il ~ 10
be used as Nell as the income u may
earn, how swiftly much Of the strife
end covctousncss Of contemporary
life would diHappear. Release for
productive Industry the vast hords of
gold now hidden way and IN reserve
for mere warlike contest. and what
IN expansion 81 trade the world
would sec,
Let the Herald want ad do your
work.