New Iberia enterprise and independent observer., 1915-04-03


in the near future. in spite Of tn
alleged fact that insurance is prt
durable at Lloyds, at even none,
that the war will end by July
That story that Lloyds will be
even money that the war will en-
in July, by the way, is what tn
telegraph operators call
"filash. " 1t lacks confirmation
1t is unaccompanied by any evi
dence that Lloyds has actual,
underwritten peace at even mon
ey. The story is that Lloyd
twill" bet even money, not tha
the great aggregation Of insur
ance concerns actually has mad,
any such bet.
The evidence that the Chicago
wheat pit does not take stock il
the rumors of peace lies in tn,
fact that on Monday wheat ad
vanced in price, instead Of stead.
lily receding. 1t is also signifi-
cant that wheat has not broken
sharply downward on account of
the peace rumors, which would
have been the case if the pit had
been strongly impressed with the
peace prospects.
There is no doubt that in the
last week or ten days there has
been prevalent a strong feeling
that the beginning of the end had
been reached and that peace is
almost in sight. This feeling
may have been caused by the fail
of Pryzemysl, but the loss of the
battleships in the Dardanelles
was more favorable to the cause
of the Germans than the fall of
the Galician city was to the allies.
The statement Of the London
Economist that the war would
have to end by July on account
OF financial inability of the bel |
llgerents to proceed may have
been another reason for the
strong peace feeling that was evi-
dent not only in this country but
In Europe, if the press dispatches
Ire an indication of popular feel
ing.
Perhaps the strongest reason
Tor feeling that peace is near has
been the leaking out in an IN
lefinite way Of the fact that E.
N. House of Texas. a personal
representative of the president
# the United States. believed to
,e charged by him with the duty
# approaching the chancelleries
# the belligerent countries for
he purpose Of offering the good
'ffices of this country for peace
has met with some !
Encouragement. Nothing definite !
> known, beyond the fact that ,
fr. House was received gracious
y by the British foreign office, {
phich manifested interest in ,
vhat he had to say. It is known ]
hat from the British foreign Of 4
ce. Mr.. House proceeded to
'aris. where he again met with ,
It was therefore
ssnmed that England and France 1
7ere willing to talk about peace
nd the world jumped to the con /
lusion that, all the facts and r
being taken into con- il
Iteration. there was a likelihood n
{ favorable movement in the di- ?
sction Of peace. n
But the German foreign office p
as not as favorablv disposed as ?
he English and French are be- r
eyed to have been. Then. in a II
,eech in the house of commons
st week. Sir Edward Grey made q
sclarations that made early q
sace negotiations impossible. II
he tone Of his speech indicated p
lat England is still determined a.
beat Germany to her knees.
The most encouraging peace $,
IN is that the whole world is u
ginning to talk about it. No 1f
'dy has ever suggested a possi- W
2 basis for peace hat could be
cepted by the allies and the
srmans without humiliation,
d neither side is yet in con
tion to be willing to accept hu-
lliation. Perhaps those even
,nev bets at Lloyd asre like the
is in the fascinating game o. L
Wind poker where only your
agination limits the size OF :.
ur wagers and vour stack" i IT,.
} whole universe. Beaumont Nj
terprise. Nj
20