Albuquerque morning journal., 1915-01-05
bUS|NES MUST
FIGURE ON WAR
FOR LONG TIME
HOStiIitieS in Europe viii Exert
Big Influence in Financial
Matters During Year to
Come.

ESPECIAL eoRarssonnrnes TO SoHsise JOURNAL
Chicago, Jan. 4--"Yes. there has
been some Improvement in business
and we may expect a number of our
industries to fare we'll during 1915"
says a shrewd business man, "but
make no mistake about the war in
Europe. That war viii last three years.
The military equipment of Germany
and the intelligence of the Germans
in using it are without precedent in
history; and as the life of that nation
is at stake, they will fight to the last
ditch. on the other hand, the lives of
the nations arrayed against Germany
are at stake. and in the long run free
government everywhere In the world.
Therefore, the allies, and possibly
more allies to come, Will fight to the
last Hold this war in your mind as
one of the prime elements in the
course OF business affairs during 1919.
! II is more important than anything
else in the worlds perspective, and,
remote though we are from the scene
/ of the slaughter, we must be greatly
/ affected by IL all the way along and
for years after it has ceased. Place
I this war in your case for the year
1915. and in all your calculations as
J to what is going to happen bear 1t
constantly in mind. 1t has proved no
! six weeks war that certain super
wise people predicted at the outset.
land the April termination is a grim
/ April fool joke, | am sorry to say"
This is perhaps an extreme view,
but 10 Judge from what others say II
is not so very extreme from their out
look. All are settling down to feel
ing as if this war were a constant
factor in human life. Aside from that,
the spirit of business men Is in the
main cheerful, but chastened by rear
which was panic few weeks ago.
Iand which now has softened down TO
extreme caution. Individuals and cor
porations generally have not follow-
ed the example of the banks in re-
Taxing and bringing affairs down close
to the normal They are holding their
money for possible emergencies ana
as a consequence collectlons are pau'
Kansas Wheat Crop.
A qualification OF this statement
may be made with respect 10 q con-
siderable body of farmers in Kansas,
and other states, where the wheat
crons have been large and sold at
hiph prices and where debts nave
peth pdih iipei a., ." 80, - INV
tent not interfering WIN Wv P''
chase of automobiles.
Perhaps the one thing that a'lorus
more satisfaction than any otner Is
the feeling that the tederai sovern- ,aa,n
Imeut has reached the end of its leeis-
ilation limiting the rights of corpora
tions. 1t should he clearly unuerssoou Hs,1'',
from statements maze ny fresluen' ~
Wilson that, so far as ne IS eoilcerneu, ',.,
the work IS comple,eu anu we nien nD%
enter upon tInt hlii,ea,''un, ,,,, ~ Govern.
he has ereateu ~ s,nrnS ,.,.o arin on The
lment. a sufficiently strong grip on .ne
corporations. The satistacuon oi pusi- ,,l
ness men Is not quite Perlece .,.l ul'ss' 80,
however, for they see t,a' assos a,.aIsNs w.,
corporations still may DC eo,,s,uervu ~ nonvl
by politicians the pesl ilisais s,ot. oi popn cpn
larizing themselves ahloi,s ,lv ,",m e,re l.
stituents fro"aoty ,bo 'I irvestipator the