The farmer and mechanic., 1915-03-16
NORTH CAROLINA WIDER AWAKE,
THIS MINUTE THAN EVER BEFORE
The State Going Ahead With Confident Assurance And
a Breadth OF Plan That Have Not Been Known In the
Past--Aew Project Mapped Out At Every Turn
,i,ON II. BUTLER.


| -.#turi March 13-In spite of the
,,sr with each other in which half a
| aa1ru nations of the old world are
disturbing the industrial conditions all
| over he globe, and in spite of all of
.pe adverse influences that have
i threatened the financial progress Of
,be United States. there was never
dav in its history that looked more
| promising for North Carolina than the
| immediate present. War conditions
,re 50 wholly temporary that only
passing attention is given them by the
forces that DO things on this Conti-
reut Already q revolution in tinan-
,iat matters has commenced in the
United states, and it is the forerun-
ner of such changed relations to the
old world that we may go ahead conf
lent that We have entered on Pc
cod of unsuspected prominence in
y'orld-N ide affairs.
War, dire as ii is, has upset all pre-
rioUs business connections Of the ma
tious. and the trade arrangements are
wholly revolutioniZed. Instead OF
Americans going abroad to spend
money like water, and thereby keep
ing the United States with its nose to
the grindstone to pay off foreign ac-
counts against this country, American
tourists are carrying no money abroad
now, while foreign money is coming
this way in unexampled sums to
square off the unheard of bills for ex-
ports. Never in the history of the
tWO continents was there such a dis
paragement between the exports from,
the United States and the imports. III
the month OF January of this year the
imports were more than $145, 900, 900
less than the exports, and the orders
from Europe at the present time run
away up into hundreds of millions for
yoot Stuffs, manufactured goods and
anything that can be Serviceable in
hoth peace and war.
Prosperity Coming Back.
The return of prosperity has begun
~ the United States, and it will con.
unue because Of several reasons. First
or all is that Europe must have foOC
from America. A continent that is sc
largely engaged in war eats more thar
mas time and people to produce
Europe must have food from America
uutil II gets time to make a crop
.hal Is positive guarantee that tn,
iarn viii thrive this year as it ha
oeeh thriving the last year, and tina
She prohtable season may run owe
another year or two. AS all othe
thingS depend on the farms we ma,
oe sure that with Prosperity on tn
arms there will be prosperity in al
other lines
would not look SO hopeful if w
ndd TO depend on Europe to pay il
products Of her fields and factories
Dut there is the different situation
america has been owing Europe 10
~ money for since the beginning o
AIHerlcan history Europe has bee
Pour'hg money into American invest
mVuts' and annually carrying ava
unions retnrnS those invest
ueNtS. Now Europe is beginning
9aS Tor what she is getting by sendin
oIh some OF those Investments. TIL
u''ed states is not just getting re
Urn IN kind for what it is sending
t1utppe IN such enormous Quantitie
'u' ~ having a credit set down aeains
fHat this country owes in Europe.
words the hour has arrived Whe
oesln To pay our debts on a cigar
'l- scale.
Capital in Abundance.
L" be called on to pay debts whe
nave not been looking for it an
~ maps are not prepared is not a
Ways a sign Of prosperity. but in tn
tSe comes another surprise. None
80 easy in the United States tn:
nv banks Of the big cities are full
Nv earnings are enormous in spite
ne hard times. The credits that al
eng extended to Europe daily
~ %tect the financial situation
ne United States in the slightest d
- There appears to be amp
'pt,al In this country to finance hon
uS and to care for the unpara
--Ngu european exports as we'll. TT
"ted States has suddenly jumpt
IroSlt place as a banker for II
hoIe world, and is meeting all II
''htnds And white it is unfortuna