Bisbee daily review., 1915-03-30
Tuesday Morning, March 30, 1915
PEACE LIN SIX MONTHS

PEACE IN SIX MONTHS
 Wall Street is betting even that the war will come 10 an end in six months Wall Street to sure doesn't know everything; often gone wrong in betting or American prosperity and still ofencr in betting on American disaster Nevertheless the fact is significant When the bg dnanciers who in touch with the inner councils begin talk peace and stake their more it, and when all their satellites pluck up courage and proceed bull" the market in standard Amcrlcan securities needn't dismiss the peace talk as i va porings of impractical pacifsts.
 The stock market in the last few days has shown a remarkable upward tendency Prices have advanced several points. in of the hgh grade stocks Tle buying has been enormously greater than at any previous time since the exchanges opened after their norato um And most of the buying 1t appears has been ac. tual investment That means renewed confidence tAat great American industries will soon be on profitable basis again. some ftbe confidence, doubtless cores from the unparalleled soundness of our financial situs ton as a result of immense corporations and a hug, and rapidly increasing favorable trade balance which makes money for investment drug the market But it is universally acknowledged that there can be no general and farreachng resumption prosperity with out peace. It is the multiplying promises of early that registered now in the bulsh stock mar. ket
 The biggest jump in prices followed the announce. ment of the fall of Przemys Before that he strongest influence of the sort had been felt just after the first ter rife onslaught of the allied fleet on the Dardaneos forts In general victories by the allies have the maraet up German victories have depressed it. And since mon. ey is neutral and stock markets are unprejudiced we have here pretty simple means Of telling where our financial advantage lies. and what the factors are rst are most likely to give early peace.
 Obviously, if the is to end soon it will ro be- cause the allies have won or have so thoroughly dem onsrated their ability win that Germany and Austria will give up and take the most favorable terms tlev can get rather than risk everything by fighting it out Every Teutonic victory everything which enables tho Teutonic allies to effectively pro ,ugs the struggle For it is recognized by everybody that Great Britain, the dominant figure the war has jus begun to fight and that the resources of the allies are much greater than those of their enemies thd they certainly hold longer Add to that the rae; that Italy about join the allies and that she may be followed by Greece Bulgaria and Roumaua and it be. comes obvious that Germany ard Austria must wia quickly not at all.
 The business mood shown by Wall Street then is
 
 bol- and the fortunes Germany Austria and Turkey are destined early and rapd decline. Of course the guessers may be guessing wrong but that is the situation,
 And it isn't only in speculative, banking and indus trial circles that this feeling gathering strength The European conditions, gathered from many sour 'cs seem support it. Here are some of the salient iea. lures
 Constantinople doomed in spite of the heroic defense of the Dardanees with their German o ncers and gunners. The city ,in hardly be taker by Easter buoyant Englshmen have declared; but vih great allied army landed on the Gapo peninsula ard the reinforced fleet banging away again the crmu ling forts with the Russians pressing the Bospnora i be long delayed That disaster will greatly ir crease the gloom Berlin and Vienna and raise trc prestige of the allies
 The Russians beginning @ great drive into Hun. gary which the AustroHungarian army may be able Co resist harrassed by imminent attack from Ialy Austria can henoeforth hardly fight her own mat ties. and certainly give help to Germany Witt her allies battling almost hopelessly for tbeir own lives Germany is left alone fight Russia, France ond Britain
 Germany is probably weaker than when the ear