Evening times-Republican. [volume] (Marshalltown, Iowa) 1890-1923, 1914-04-25
rHEoRpoRE P. SHoNTS, ON VISIT
70 IOWA, DISCUSSES CON-
p,rIoNs.
WALL STREET LOOKS FOR
LONG AND sLoopY CONTEST
Little Financial Effect From Pro.
lonasd straightforward Iowa Rail-
road Man Now Prominent in East
Discusses War, Business and Amer
lean Working Mans Proficiency.

Des Moines, April 2o.--"Big business
the men who control Wall street.
and the largest business enterprises OF
the country--expect long ana pioodS
war with Mexico, a war that shall be
ended only when that country is COM
pletely occupied by American troops
according to Theodare P. Shonts
Mr.. shonts, who is president OF the
Interborough Railway Company the
consolidation of all the principal trac-
ton lines Of New York City is in Des
Moines, aiding Drake university In us
endowment campaign. He was enter
tanned at breakfast at the home OF
President Hill NJ. Bell, spoke to the
students and crowd OF visitors at
chapel, and addressed meeting OF
the Greater Des ,Moines committee IN
the interests of the university at noon.
Mr., Shonts declares there is well
defined feeling among his business as
sociates that President Wilson has be-
gun a war which will rival In import
ance that of the Spanish Amerlcan
conflict Furthermore, Mr.. Shonts says
big business men are back Of the presl-
dent in the war measures so far taken.
at is the more general thought In the
east that the United States. which long
ago assumed the position OF policeman
of the western hemisphere, should
either be a real policeman or quit It's
job We are responsible for decency,
a certain measure of civilization, ana
protection of lives of foreigners IN the
Latin American countries, and Presi-
dent Wilson'S recent determination to
acquit the country Of that responsible
ty we'll is receiving approval.
Business actually Is better In the
east since the beginning Of hshting
in Mexico The effect of the war OF
course, is not to be entirely predicted
at this early date. but the fact thar
conditions have improved within tne
last week can easily be explained.
Business has been depressed all over
the country for some time, and the
Mexican situation has had something
to do with the depression. "A measure
Of certainty with respect to our future
policy in that country has come now
business men can begin to ngure
definitely what they can do, and they
are beginning to go ahead and DO IT,
Certainty Is always petteT thaH vi
certainty for business.
Little Financial Effect.
WAR with Mexico will have little
financial effect in this country. In my
opinion. There is little cause for worry
when conditions now are contrasted
with conditions at the beginning OF
the Spanish American war.
eve are undergoing period OF nat
ural, and not dangerous depression
due to the new administration and IT'S
low tariff policy. This depression VIII
not have run its course for some time
yet, and there is. no indication that 1t
will be enhanced by Mexican Difficult
ties.
"At the beginning OF the Spanish
war the situation was very much more
ticklish, peace was very much more
needed. because Mckinley had just
been elected, on high tariff PLATFORM
and the larger industries of the coun-
tries were just starting. Times were
boom when the Spanish war started
but it would not have taken much to
prick the bubble"
Mr.. Shonts mother. who is 80 years
old. and his sister. Miss Eva Shonts,