The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1915-09-03

ne IS also covetous enough to envy
the foreigner whose skill and enter
Prise lead to success. He does not
understand that similar qualiflca-
ton and exertion on his own part
would produce a like result.
Such a condition could have but
one result, the stagnation one finds
In all parts Of the Ottoman empire.
Religion has nothing to do with that.
! have many Turkish friends who
enjoy material well being along with
their religion, and I am quite sure
that the Anatolian peasant Is capable
OF relfshing both cayiare and vaude-
vile, II he could but secure them"
Turkey needed a rapid extension
of its railroad system, said the
banker. It needed more roads.
though paradoxical as it might seem,
Turkey had, never had SO many good
roads as had been built during the
war. Then. the peasant would have
to be trained and relieved from much
or the petty interference he Is still
subject to. Commerce ought to be
given the opportunity Of developing
under the impetus Of unrestricted
competition. Manufacture should be
placed beyond the reach Of govern
mental interference. with the control
left entirely to the circumstance that
turkey, as an open market, would
always enjoy the price regulation
resulting from competition between
the home and foreign manufactures"
Among other informants, the cor
respondent found some who held that
Turkey was incapable OF formulating
a found economic policy; elsewhere
the opinion that Improvement was
observable and that more could be
looked for.
Question OF Ignorance.
'No Turkish government has vet
gone to the trouble Of training men
In economics, or giving the few Turk
so trained, a chance of applying their
knowledge" said one authority. az
doubt very much whether the first
principle Of economics is understood
by a quarter Of the men who serve
In the departments dealing with eco
nonlfc matters in the Ottoman am
pire. 1t is all question OF Ignorance
ignorance on the part Of the men
Who manage affairs they do not un-
derstand. ignorance on the part of
those who permit them to occupy
such positions. Economic questions
in Turkey are not settled from TIE
viewpoint Of the aggregate, but from
that Of individualism."
at is all a matter Of getting the
thing started. I know that all Tur-
lley Is ready to start anew, and start
right. I know also that a sound
economic policy would reconcile the
Greek and Armenian. who, even IL
they do not always adhere to such
a policy themselves. know its value
better than do the. Turks, whose
position Of governor has really never
made the absence of sound econo-
mic policy felt to them"
How will the abolition of the cap
itulations effect the getting Of money
for Turkey in the future" was asked
OF another banker.
THAT depends upon what meaOure
is taken by the Turkish government
to protect the foreign investor" re-
piled the banker. 81 believe that
Turkey would have no difficulty get
ting all the money she needs, pro-
vided 1t can establish beyond all
doubt that the Ottoman laws and
courts will ensure equity to all con-
cerned. II that cannot be establish
ed, then Turkey will find no money.
especially after this war when home
needs will make first call upon the
funds Of investors. can not say
that people with money to invest have
had much reason to have confidence
in Ottoman law and Jurisprudence
In the past But that might be over
come II the Turkish government
tould be persuaded to establish some
superior court OF commerce. BODY
whose duty It would be to rSiudicate
all disputes between foreign inves.
tors on the. one hand and Turkish In.
dividuals and the government on the
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