The Twin Falls times. [volume] (Twin Falls, Idaho) 1905-1916, 1915-07-20


composed of business men
who are practically giving their time
for the amusement of the public.
Eight hundred dollars will no more
than pay for their expenses of main
tanning rehearsals, new music, instru-
ments and uniforms. There is no rea-
son why these business men In the
band should be expected to donate
up the cost of maintenance.
PROFIT AND LOSS OF A YEAR OF
WAR
The blame for the S35,000,000 defi-
cit in the national treasury is saddled
by partizan editors on the war or the
Democratic party, according to pollt-
ical viewpoint, as it happens conven-
iently that the second fiscal year of
the Wilson administration nearly CO.
incides with the first year of the
European war. Considering the state
of the world the Indianapolis News
Und) thinks the showing by no means
a bad one. But the Republican Phila-
delphia Public Ledger inveighs
against the grossly extravagant and
wastefur' government. which it holds
responsible for "the most lamentable
exhibition made by the federal treas
ury in many years" And during the
very twelve-month in which the adj
ministration was thus running into
debt, it continues, american business
men were piling up an international
| trade balance of more than billion
dollars" This trade-balance means
| that we are a billion dollars richer
than we were on June 80, 1914" says
another Republican daily, the st. Lou
| is Globe-Democrat, yet not dollar
can be credited to any act or policy
of our government. 1t is wholly due
to the war and the conditions grow
ing out of the war" The $1,000,000,-
900 excess of exports over imports
for the fiscal year just ended. says
Secretary Redfield of the department
of commerce, surpasses by nearly
$4OO, 0O0, 900 the highest record here
tofore made Last July and August
the New York Sun notes, resulted
in small import balances. 1t was MOI
until November that the tide of inter
national commerce began to run
strongly IN our favor, and PRACTICAL,
the export surplus of the year was
made in the last eight months" Or
that basis, says the Sun, land withou
, any further expansion. the curren
5 year will bring a trade-balance o
5 s. 500 100000 other papers are will
/ ing to make estimates of two-billion
e dollar balance.
4 This years balance, according to
G partment of commerce statement
), is not due to orders for munitions 0
Y war. THE normal sales of manufac
: lures during peace" it seems, ever
: greater than those under existing war
: conditions, Because of this fact an
. the extraordinary shrinkage Of ex
e ports of crude materials, 1t Is foun'
4 that the net increase in our total ex
G Exports of ammunition, comments TIL
S Indianapolis News, receive so mucl
d more publicity that 'the country !
r inclined to forget that each day ship
G sail for Europe laden with whea
0 meats and other foodstuffs." No doub
5, says the New York Journal of Com
t, merce, much of the food-supplies ha
o gone to support armies and help bel
ligerents and live animals, other tina
those for food, have had militar
purpose, but they are not munitions
d Automobiles became a considerabl
d item, and some of these serve wal
ot like purpose in transportation. In
lie ports are not largely changed
IL character except that articles of lu,
II ury figure less than usual" An
IN we read in the New York Commercial
r in spite of all the talk about e,
Id pOTlS Oh WdT-UldltIldlS, liley nave IL
j. yet attained great Importance. TT
a movement is only beginning, and Il
ut manufacturers of shells and other M
ny nitions of war will not reach their C
in pacity before next October. The bus
ge ness has been disorganized by Il
r poor management of the British go
ks eminent which refused to place orde
e. unless prompt shipments could
is assured. Many American manufa
On turers refused to do business on SUI
ay terms, and the difficulties are on
mt being adjusted now Russia requir
Id enormous supplies of all militia
a stores, and all the belligerents a
an now basing their calculations on
It. long war.
e. The United States is the only cou
"a try that possesses sufficient natuI