The Alaska daily empire., 1915-01-09
AMERICAN FINANCIAL
 JOURNAL ON WAR

NEW YORK.-Clarence ". Barron, president of the Wall Street Journal and manager of the Boston and Phila- delphia News Bureaus. returned on Che Lusitana after trip to England and the Continent to study Che iinan- cial aspects of the war. dc win prob ably prepare for his renders 2 series of articles upon the subject Mir Bar ron said:
 g return to America more than ever convinced that the United States Is Che greatest country iu the world, from every point of view and that light liberty and righs thinking are its best assets. Germany has contribute ed a lot to the sciences Of the world, but as respects freedom and the in- divIdual. end politics and government she has not had right thought
 "The German people have believed that government was a thing apart from the people and that the code of morality as applied to the indivld- ual does not apply to the government. Germany will pay heavily for this falso belief.
 "The war win end as soon as Ger many is exhausted anu eurrenders. Talk of American arbitration is fool- ish The two irreconcilabie systems of human progress have met and one or the other mus, 50 down. For scien- dfic research. for unity Of develop ment for industrial progress and for her own people the German system IS successful. It means that the law comes down from above, and the peo- pie have only ,o obey and work; but the system or tho world to the west of her Is that goyornments derive their just powers from the people, and possess no powers and no sys' tenn of morality that the people them selves did not possess. In other words you cannot have one morality for the individual, and different morality for the aggregation or for the gov emment created by the individual.
 sThe cost of this war in life md treasure IS beyond what the world realizes, ant tho expenses will in- crease steadily every month until it is ended
 Germany cannot hold out many months She is as city besieged on every side Within three months her supplies from the outside world are likely to loo entirely cut ofl- The one ly remaining question is as to how many millions of men Germany is ready Co sacrahce Tor the idea that lbe Kaiser is war lord with right Go make war for lhe trade and ex Dansion Of the German nation and that the German people aro bis obed- ient subjects
 Germany Is paying the biggest cost in humanity and England ia paying the biggest cost financially Germany has everything to lose. and Great Brl- tain has everything to save and to lfsHAaAf fFitN NAaN ta NAtNaNAAA " -e tttti N cause she is fighting the battle of Lhe western civilization.
 "she ls willing to add iiYe thousand million dollars or five tlmea our na- aonai debt to her present indebted ness. to see this war through to a finish and t is moi King George who is war lt is the whole England and the people of Che British Empire who are willing Co put their all in Che tre of war for Che delense Of English civilization
 It Is worth 9 trip across the ocean to gee the united, determined spirit of the English people There is no limit the sacrifices they wid make. and they do not look for short War. They welcome 9 long one. They have only contempt for compromise in thls matter and moer at arbitration
 ghey arc determined to use no everything that is necessary in life