The Bridgeport evening farmer., 1915-07-29


 Before this report reaches you. we Eal1 have reached the end of the nrst Near of the great European war Enc tnpoverishr ent of Europe wnl1es 1I- vftabIe if the war lasts long enough, AEfH not be as rapid as is popularY Relieved. The agricultural area planted in Europe, the number Of factories operating and their output, the condition of business in the sbel- ngsrant countries outside Of the war nones-all of these go to prove kthe @reat resourcefulnezs of the countries &ow at war Until very recently, the factoriass of Germany were buster ahau the factories in our own coun- ry and those who believe that the aeIds of Germany, Russia Italy. France, England and even Belgium are not being cultivated to the limit, Are nais1ed.
 The principal banks of the warning nations hold more gold today than tateuaent credited to the German bankexs who informed the emperor That tho country would be banruptedA ty another winter,s campaign. prob Ably meant that the government would bS banKrupt as the country it. Self has a wealth and a. resourceful- ness which would carry 1t through Several years Of war Germany Is more likely to find Itself short of men than short of munitions orl
  sFhe war and the fact which has final M leaked out that Kitchener while pr etending to organize an army or sN1e zlzon men has really or fganized su of four lion men. are two 4aef6rk N 1icl win nsIt tursElly lend tpsl orten the war When Germany indH hexself short Of men. when f iassian finds herself short Of nuni- sfzozsss V q en France finds herself short of money then the war will end bee 1 s4T1rs flxF 1ad E end 1t at any time. having 4ath1ng to gain through it's con uance,
 me business situation in this coun-
 g ts no better at this time than II V9 ia11d be had there been no European szr To be sure, V are doing a lot
 business in war supplies and food E1Ifs but because of the war. other ies have been held back We need Asve no concern as to what will hap
 n k6 our business snpuln he war suddenly end, because, while the end 6f the war would mean the end of s6ifr exports Of arms and explosives. these items form only small part sSf the totals of our daily exports, fen at this time. The end of the Nar would mean the beginning of f1ch business tn this country which sfu probably not be taken Up until he European trouble is settled. The frkest spot on our map of business
 
 dkes and lockouts Some of these eub1es are doubtless due to the ac- f5vaty of foreign spies in thiss ce rn try and the remainder of them du ato the eeking to take advantage of tfae esent situation to drive a bargain. ItAe result Of these labor conditions 1s a loss to every one and the sudden
 InInatzon of the war would leave t.5se involved in strikes and Iockouts <71.z EQfa&1l a kxS f f1 kss eontroversies would do we'll to bk toward recent events inS Chicago
 eFe sne street car strike was sat-
 actoriIy arbitrated and where the 1Hildtng trades strike is now being ettIed. Just at this time 1t be-
 oves all of us to arbitrate OUT diff Rences but keep the wheels moving e6r ff they are standing stiI when the Ma h ag lAg stand sf Fl for as leng time and some Of thsI may
 Dnrfng he 8eaa ending June 9th
 ter eased our exp ortsz by 5 mil Y
 n do1lara and decreased our ir1- brts by 23 mi lion dollars which ereased OUT avpra.61e trade paIance over the pre84pus ysar by 61 9s mi ten dollars Our exports were 2,80ea ialIion4 dollars and our imports 1860 million dollars leaving a favorable ball. HHce or LAO million dollars to com rare with a favorable balance of 691 
 ecord. During the year our gold
 silver exports increased by 28 Million dollars. our gold and silver Imports Increased g 5 million dollars. put the balance against us in gold and silver for the year was still three million doI1afss This foreign tradee Statement brings Us up to June aOsl fS15 at which date, the real export af war materials had only just begun, 9rders have been booked in this ountry-for hundreds of millions of dollars worth of goods. ranging from zns to Shoes and our exports of anufactured goods will naturally Sozus1 a great gain during the next w months over any similar period. he enormous decrease in our i'm ports shows that we are finding the way to do without some of those things which we have been accustofa- oe hoped that VI can still further red3ee oars import record . Among the things which we are now import Eug in large quantities. which we shopld in time be able to produce for ourselves in sufficient duan tittes to stsaF F1lnher. feathers cotton. hemp flax, Jute. hides and copper. We should efkher find ourselves able to@ produce these things and decrease which will la lke their place aa.Sfors in -5 stance cotton can be used for many ps1EDoses ich we are now using hemp and jute.
 There were 1.662 failures in the month of June with liabilities total in nearly 19 million dollars com pa5sd with 1,161 failures in June 1914. vsftt liabilities of 5s million dollars. The C1af1tn failure in June 1914 swe1Ied the failure totals for that month SO that the comparison does not show the actual condition buf there has been a decided i'm praNernent in che failure situation andT in view of what we have passed through, credit conditions in this country make very satisfactory chewing.
 Bank clearings in the principal