Grand Forks daily herald and the evening times., 1914-08-25
TUESDAY, AUGUs,r,2s, 1914.
CAUSE FOR GoODAC CHEER.

best, and the war in which the great
terrible thing Of the kind that has
ever happened. That it will prove
disastrous to all the nations which are
engaged in it goes without SAYING. and
no nation in the wtrld can escape
some of it's unfortunate results.
But, while we of the United States
have abundant cause Nor sorrow over
the loss of life and thesdestr,bction of
the things which the industry of man
has created, We have also abundant
cause for good cheer in, the fact that
We have remained and can remian
sloof from the quarrel. andhthat, while
other nations are facing death and
disaster of every kind. we have here.
for the present. and much more for
the future, the elements of THE great
est prosperity that our country has
ever seen.
The products of the farm form the
backbone of American prosperity.
Those products, this year. are abund~
ant, and of good quality. Shortage
abroad, due to natural causes, would
in any event have assured a good de-
mand for that portion of our crop
which we have for sale, and. on top
of this comes the tragedy of the war.
which multiplies demand While it
diminishes supply. Hence our pro-
ducers are assured of good prices for
their products.
Our trade with Europe has been in
terrupted, and normal conditions will
not be restored for a long time, but,
while this is true, We have to the
north of us a nation of seven million
people, involved in the war, it is true,
but so situated that the war can
scarcely touch their w territory.
Between us and that nation there
stretches a political line of division
three thousand miles long, and along
that line there is not a fort or a SOL
der to interfere with the passage of
persons and products back and forth.
Canada has been and Is one of u
very best customers, and she will re-
main so.
The South American countries have.
for various reasons, maintained closer
commercial relations with Europe
than with the United States. Their
traffic with Europe is practically cut
off, and they are turning voluntarily
to the United States to buy from us
and sell to us. 1t is possible for our
business men to establish lines Of
communication with them which will
he permanent, and which will be to
the lasting benefit Of both parties.
The finances Of our country are
sound. Never, during a time Of gen.
eral disturbance and worldwide NIX
iety. have our banks been able to op-
crate more smoothly. quietly and eff
fciently. Even the expedients which.
when the first shock of the war came,
were adopted as precautionary meas
ures to prevent the withdrawal of
large sums of money from circula-
ton, have been practically abandoned.
and the banking business of the coun-
try is today practically normal The
absolute security of Our financial In
stitutions in general is unquestioned,
e'ib W LII tiir ChVl SlSt' VI culinary DTu-
dence. coupled with the elasticity
which the new banking law will give
to their operations, they will be able
to meet all legitimate demands that
may be made on them.
It is evident. therefore. that while
the terrible nature of the world CON
fict is not to be minimized, there is
every reason for optimism in the Uni
ted States. Our are abund-
ant. and the war. which is shutting the
doors of the warning countries against
commerce. is forcing that commerce
In our direction. 1t is for the people
of the United States to maintain a
hopeful spirit, and to make the most
of the opportunities which lie before
them.