Orleans County monitor. [volume] (Barton, Vt.) 1872-1953, 1915-12-08
Tuning Point in European War.

The German war office announces
thao with Ss1tia won and the route
open TO C0OStantinOple the offensi> e
camp ign in that direction is erded.
This leaves the allies in Greece to
carry on an offensive campaign with,
out the al of Greece and with Bnl-
garia ae alnst them in addition to
Turkey, thus making their position that
much harder than it was at the
DardaneIIes Germany and Austria
can probably prevent any important
Russian effort in Bulgaria by resumlng
an offensive in eastern Galica. In
fact, the whole character of the war
may change from now on. In northern
France and Belgium, Germany has CAP
tured the chief manufacturing district
of that part Of Europe. In Poland,
Germany has taken three quarters of
the industrial enterprise of Russia.
Now n Serbia, the Austrians captured
the principal copper mines of Europe
Incidentally the central powers have
for the present safeguarded their food
supply by over running the Balkans,
opening the route to the east, con
trolling the great Danubian plain and
conquering the cattle districts and part
of the best wheat sections of western
Russia This puts the Teutonic
nations where they can from now for
ward fight defensive war if they so
desire or are compelled and defensive
war is tremendously less expensive in
men and munitions than war f
offense. England must continue an
offensive or confess defeat France
cannot stop as long as her coal mines
and manufacturing towns are in the
hands OF the enemy. Russia has lost
Poland and much more and it is gone
forever if Russia stops now TIE war
is now fairly well begun The test is
whether The allies are strong enough
after sixteen months hard fighting, to
break through their enemies defe sive
lines and beat them on their own
ground. Bloomington Banner
Local Option and Bank Deposits
Figures never lie, but liars often
figure.
So listen to the wild rawlings of the
Rutland Herald. how it quotes and
comments:
vermont small ia area, and in popu
lation, as it is. had on June 3, 1914
savings deposits of 81 millions -
"Ihis is the sort of appreciation
that counts for something, ard a
significant fea ure is the fact that
these deposits have increased almost
Dy leaps and bounds during the past
10 or II years, or since the local option
law went to effect There may per
haps be no connection between the
a 'option of the local option law ano
the marked increase in savings bank
I'd other bank deposits. but it seems
far to assume that, with the adoption
o. one fair, temperate and practical
me asUre, the state took on progress in
other directions. At all events, make
such interpreted on of it as we will, it
is fact that Vermont has prospered,
thrift has grown and we are lending
large sums of money to develop other
states. all this happening in it's marked
form during the years in which the
local option law was in effect
Let us see about increases
From 1895 TO 1902-a period of eight
years-the deposits of the savings
banks and trust companies went from
% millions to al millions, an increase
OF 85 per cent under prohibition
From 1902 to 1909-the next eight
yssrs-the increase was from Al mil.
lions to Ga millions or only 55 per