The sun. [volume] (New York [N.Y.]) 1833-1916, 1915-07-19


contrast with the accomplishments or
German war finance, remarkable as they
have been.
Rather curiously. the week In which
the chronicle Of the British loan opera
ton was narrated contained also n tale
tina the German Emperor had predicted
the end of the war by October. when a
| delegation OF German banker prophe-
| sled the bankrun,cv of The emnire ~ tho
war went Through ano,her winter The
story nresu,r,b,y struck most Intelligent
minds A.. anocry,hai ami an inven,,on
~ Carr,,ny,. avanis ,u, !, s,r,c, 70.
y,rd fnr ,ha avnioi,s ~ car,no, ar,ncs
5,,r,,a ,ha ,,ar ~, no, 5onri,,o ,bo taio
30 nro,a,,,,,,v ,rhorn Z. a,ar,, a,,idonca
~, c"n,nn .mn TO- Co.
,ns 80. "an1 80
ine war lnsoineu u hspo.ns T
.oss"' ,nu..''es -. panu
nv a"n''''." ~ 80
I"'e u, Nus eN.rao.uin".s "s''o uu
nn"ns mas pcen nnee''"s Wv pn.Ne", .os
Vi war ny u Narie.y vi u!ai.S
on the economic Iu.ure o. .he ,a'ner-
,anu, 'ne nIa' we'sn, WHY" va"
hardiy De o'her man crushihs'
some very Mntcr'"i T""'s.
Meanwhile wall street phenomena
,aa,ify nm, business facts w.ll have
their way. The one grea, business fact
In our situation now is denoted nv the
,ncroasiny accumula,io, of var ,nn-
,ran,s airo,Gv niaccJ win Americ,r In.
,,,s,ria. while ,hera ,s M cessn,ior
~ offor, 20 nloce more A Tremendous
,.arie,v NJ materials In a raw or finished
stote il ipvoIved i'm the trade thus Gre.
,,ed and there are corollaries of trade
In non-contraband products which both
heIliyerent and neutral countries mus,
oht,ir from ms There are ethical and
n]oii,icoi osrsc,s ~ mis- commerce ne
,,,oll n, oven,u,i .ronornic seouels which
Vy,u stree, 10 i,s ocrunatiou with tho
pear n, hand outIool< for values. can
erb,ns b,rdIy nrord 10 debate. Dis
cussinr 81 them 10 lively and even acri-
,,o,iou, On ntbsr quarters I'm, what
Vii Stree, 10 oh,iyeJ to note il the
concra,e fac. ~ the expanding and an
norontty bi,hiv nrot,,nbie busiuess
which the var has brought 10 our fac
tories and farms. our workshops and
Wills IN our merchants and our bank
.rs and the widening area OF better
man, 10 provad by the current employ
MAN, of s,eaI mill capncity. with prices
ror s,e.l nroducts going M.
Another fac, closely related 10 the
sorevoing which Wall Street must con-
slider, quite apart from disputes about
its ethical, political or eventual eco
nomic Implications. is the way IN which
the war is making. or seems likely to
make, 4 large hummer OF ClllZeHs anu
corporations suddenly rich. In Wall
Street calculations people VINO ave no
money and the poverty stricken enter
prises do not count. IL rs the organ
~izations which are prosperlhs ana tnt
individuals VINO are mahlhs Hio"es' "a.
positives n not the nesa'iNeS' WA
constitute the factors VI Tue "iu ~.
equation which Wa" 81" az ~
time Trying 10 soiVe' ineie w. ,ba,,
positive lau.VI VI Nv nno,ia = snG,
a great hurnoet U gu. peVans ~,
uehl. NUS ,,a,.rato ar i'm,
uHeNIe.te" y, 60 con,a 10th l.,
moutra,e' WI '"on,. ,ba nu,,hars n,
.ne wy y. avn ,ha ayyrsyats Of the,,
w :" Tta," 80 - rnthiup like n
n ~. iir,,sd St,trs since uuick for.
W vas,ad 4, I'M. enoch @,
un,.,rI,, co,nhinntions about two dee.
Is No. Ths mushroom Millionaire.
~ ma, sra w.r. richer. The new croI
vii he larger.
personal and corporate prosperity con
,srr.d nv ,h. accident II war is no