The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1914-06-12

only each month shows u decrease.
over the preceding month. u mpy
De the balance In our favor viii vau-.
ish entirely"
but" he was asked. may not "a
country be prosperous aud Import
more than u cxportsg That is the
ease with England"
Tho old politician studied for "a few
moments and said: Are you aware
that ENGLAND Is drawing interest ana
dividends from the ends ~ the earth
DO YOU understand that Great Britain,
France, Germany. Belgium, ana Hoi-
land have been furnishing money tor
nearly q century to other countries
whore development was needed, as N
uursF
Let me Illustrate said Mr.. An
drcws Take one Of your local mon-
! ey lenders. lie buys much more nj
he sells. He may s"il nothing. tie
las capital invested that IL bringing
him interest Maybe he has banK
stocks or other dividend paying stocks
IN addition to his notes and mort
| cages. lie doesn't have To be a pro-
Queer. His capital works FOR him
80 u Is with Enginnd and an other
Il 'INAAAANhE W ihAhN NMflANA tMNNNAfA
abroad. We do not belong to that
class. We are young and ave md
To- borrow millions OF dollars from
abroad.
The result H." said the senator.
when the balance OF trade is not
heavily In our favor our gold has to
be shipped abroad to pay our balance.
which will in time drain W. Of money. {.
When arNcd who, he believed, would
he the next Republican nominee, Sem
ator Andrews replied probably one
Theodore Roosevelt. lie is In har-
mony with tho cardinal principles u
the Republican party. He IL "a great
leader and a great man. though u bit
| orratic at times in his talk. Hut nave
you ever noticed that he Is consery-
ntiyc when Il comes To actiong Some
parts OF his Progressive platform will
he Incorporated In the platform ot
the Republican party. and some OF %
he viii allow % pass over until later
date In order not 10 complicate the
main issue OF a protective tarin ana
! Prosperity In the next campaign.
Roosevelt is too wise a politician
not To understand that the ISSUE un
hich the next campaign will %"
fought has been made already. tie
could not make another II ne were 20
try. He viii not try. lie talks II
theories and experiments. but when 20
comes to action he IL intensely prda-
teal He II the logical man for the
Republicans 10 nominate FOR the pres-
idency In 1915. and he viii uc elected
by an Overwhelming popular majority
and VIII ave al least two-thirds uf
the votes OF the electoral college
young Trn," said Mr.. Andrews "a
ne rose to go. take Il from me. the
country has got to get back 90 tae
/ principle Of protection and the el-
couragement OF business before the
wheels viii begin TO turn again. TrJo.
| New Mexico wool mon are getting
high prices. which u the London
| Price, because the wool crop was
short last year. not only IN this cuun-
/ try hut In Australia and South Afri 20.
II is high everywhere. u viii not pe
high under free trade when there o.
n little time "a rccupCrstc. IN those
! foreign countries, from the droug1f
that has prevailed for tho past two
| years In some one Of them an the
time. ~ ~ fortppate Coz our wool
men that their competitsfs have mad
calamity. hut we cannot go on the
theory that uch calamitics viii con-
| tinue.'