davidaulloa/AmericanStories huggingface dataset:
Grand Forks daily herald., 1916-06-15
SHEEP ANDLAMb
b|DSUNChANGED
Small Contingent Of Stock
In This Section-Re-
ceipts Only 800.

South st. Paul. June 16.-Pfices III
the sheephouse held recent levels yes.
terday with scant receipts q prop OF
more or less value to sellers outside
news tone was weak and the status OF
heavy sheep, although undisturbed 80
far as local trade yesterday reflected
conditions, appeared uncertain with
prospects Of increased discrimination
by buyers against such property grow
Ing.
There were only q few small lots
OF stun on sale. Spring lambs con-
tinued to top around $10.60 with
clipped grades At q $s.s6 limit. Sec
onds and culls found clearance In line
with those prices but weight and
srass feeding were handicaps to some
extent in selling.
Estimated receipts were 500 against
SO q week ago and II . year ago.
Grand Forks daily herald., 1916-06-15
THE COLONEL DECLINES.

New York Times: Mr. Roosevelt
puts from him the nomination OF the
Prosressives. Their candidate he
Will not be. 1t is we'll for him. It is
well for the Republicans. It Il wei,
Tor the country that he declines the
nomination. for we assume as q r,so-
essary corollary that he will support
the Hughes and Fairbanks ticket. It
JIG good thing for the Democratic
party.
Grand Forks daily herald., 1916-06-15
RALLY CLOSES
WHEAT. MARKET
::
Sharp Advance Follows De-
cline in Pit During the
Early Hours.

Minneapolis. June 15.-July wheat
l 1-sc higher. September wheat 1-2o
higher. December wheat $50 higher.
Tho wheat market was weak during
the early trading and July wheat sold
down to $1.07 3-4, September at
$1.07 5-S. From the low points there
was sharp advance Of more than
&c per bushel. The final figures, how
ever. are about 5.Sc under the best
prices of the day.
Clearances today were liberal and
the total of wheat and -four equalled
1.64s.000 bushels It was claimed that
one Of the exporters was bidding for
new wheat in the southwest.
More rain was reported In the
northwest,
Grand Forks daily herald., 1916-06-15
Strike on Ranges
May Extend Through
Entire Mine District

Virginia, Mimi. June 14.-strikins
miners, several hundred stron9.
marched from Biwabik to Gilbert. The
strikers have been Joined by workmen
In tho Biwabik mine at Aurora, most
Of the employees OF the Elba mine Of
the Pickards Mather company at Elba
and the Bangor miners.
hall at Gilbert yesterday Afternoon
and plans made to establish strike
here and extend tiiS
a dozen. mines, with probably 1861
men, are effected. II ,SS s
Grand Forks daily herald., 1916-06-15
Mixers AND epRrrcres.

Footing continued rather soft for
dairy cows ana It was slow going for
any but best quality kinds. Mixers
lacked popularity enough to infect
much pep into the deal for that ciass
while high grade sprinsers wsre too
scarce to create much activity In the
trade. The t46 to SIS bAsis 10 popular
but does not catch top or bottom
grades.
Grand Forks daily herald., 1916-06-15
NOT no CREATE ONLY.

After all, not to destroy but inNs-
fOrate; Il
Not to create. but labor ;at what 10
already creatsd ana carry Il
forward; :
Net 70 command. hut to- obey4--As the
mission OF the New world:
After al, indeed, can there 10 any 70.
ally nsw world! isss IS 'S3s 6
n yvhitman.
Grand Forks daily herald., 1916-06-15
WINNIPEG CLOSE.
AMENDMENT RAPs HUGHES,
Colorado Democrats Seek to Har jus.
tcee a. CAudida&Au.

Warrington, June IA constitu.
tsonal amendment 70 disauAiify FAD.
eral Judges from holding any elective
onces for 1t least two years eSter
leaving the bench was introduced TO-
day by Senator Thomas. Democrat OF
Colorado. Two weeks ago he made :
speech In the senate dsprecatinF the
efforts to nominate Justice Huelles aa
q presidential candidate.
Grand Forks daily herald., 1916-06-15
SPRING..

Duluth. June 15.-The trade bear
ishly inclined continue to prebs their
advantage ana prices scored new low
A steady opening yesterday. followed
by immediate lie gain, oriy to
change front and decline irresuiarly
up to the close. finishing 4 fraction
about bottom but 1-2c under the
previous day. There was no news Or
reason for yesterdays drastic decline
except ~ stated above. Crop advic1s
were favorable, with the exception bf
rains In Oklahoma where harvesting
is In progress. A broad and very ActEe
trade passed in wheat. IL
Grand Forks daily herald., 1916-06-15
SOUTH 81. PAUL STOCK MARKET

SOUTH 81. FAUL STOCK MARKET.
South st. Paul. Mimi, juno 1B.-
Hog recsipts, 1900; steady to S cents
higher; range, $S.00@9.50: bulk,
1886 @S.40.
Cattle receipts. 1900; killers mostly
steady; steers, :s;oo@1o:25: cows
steady. ts.so@1i.oo; stockers and
feeders steady, $5.00@s.25.
Sheep receipts 200; mostly steady;
lambs. 1925 9.25; wethers, $4,000
$50; ewes, $2.5O@7.26.
Grand Forks daily herald., 1916-06-15
CATTLE SUPPLY
QUITE LIMITED
Market for Small Assert
ment Without Change
Estimated Run 1900.

South st. Paul, June 1S.-Quality
averaged pretty ordinary in the fat
cattle department yesterday and pick.
ing was slim for packers. The sup.
ply of high grade beeves such as have
cashed around $9.75 and $10.25 since
the week opened was Of negligible
volume yesterday and buyers had to
content themselves with an ordinary
grade Of stuff.
Their purchases included a few
steers from the state farm school of
an exceptional class for which they
S11.60.
Current prices on dry-fed stuff are
the highest on record and as yet
there are few grass steers coming
here. Southwestern markets are re-
porting an increased percentage Of
Texas gfassers among arrivals at
those points and the influence of this
movement extends somewhat even to
the trade at points In other parts Of
the country, giving additional force
to the price widening tendency which
normally asserts itself at this season
Of tho year.
Best grades Of killers seem we'll
fortified and have remained firm II
not actually stronger while clearance
for grassy varieties has developed
considerable weakness
Steers salable inside the $500 and
$3.50 spread made up much Of the
scant crop here yesterday while pack
ers got some plain stuff at less cost
For butcher cows and heifers the deal
was largely a $5.25 to $3.50 PROPOSE
ton again but higher grade she stock
remained eligible to rates between So
and 50. Grassy lots were at the same
dinAdVa nfA q r1iar Ia <ha u,nn1r
Bulls, too. unless Of the good to
choice sort looked easier than at the
close last week.
Veal calves were on a steady basis
with top at $11.00.
Estimated receipts were 800 cattle
and 1.100 calves against 1,157 cattle
ad 1,050 calves a week ago and L.
153 cattle and 663 calves a year ago.
sroCKMhe AND FEEDERS.
The stocker ana feeder quota vac
small yesterday. Such finding materi-
al as arrived was Of ordinary Grade
and cleared In prompt manner at
terms similar to those prevailing In
the department on previous days Of
the week
Some strength has been shown in
the market since the week opened
and cases whore good to choice prop
erty mas gone at some ADVANCE over
late levels last week have been OBJ
served. Not much nigh Grade stuff
has been included among arrivals,
however. Steers good enough to
most negligible supply while $500 to
$3.50 catches big share Of the de.
cent stuff and q plain variety is sal.
able below that spread.
The limited assortment Of cows and
heiferb in this classification was ex.
changed mostly between 1926 and
S7.26 but extremes Of merit were list.
ed outside those limits.
Shipments Tuesday were 20 cars
ana 7S2 cattle.
Grand Forks daily herald., 1916-06-15
DIIRIIAI.

Duluth, Juno 15.-After the efly
wants were satisfied yesterday, Off
inss pressed continually without NTH
interruption until prices had reAchd
a new low level for this crop, ;Ily
going to 81: and September ii. 0lat
which prices they finished with q let
loss from Tuesday Of 4 IL to &C.
fairly active market ruled, with trtie
mostly in July.
Grand Forks daily herald., 1916-06-15
'FnAx.

Duluth, June 1b-sentiment swit&-
ed over to the bear side yesterd{,
which gave the market 4 rather SIT
appearance, also serving as checkb
out strength Of Tuesday ana VII
demand insufficient to absorb offd
ings the load proved too burdensoH
for the market to handle, resultiR
IN 4 slow price depression. Frol
first to last new crop issues virtuall'
showed no retuperafive power, clo1
Ing inactive and on bottom, i. i.2 4
70 lower than Tuesday. July reacted
lc from loY level reached. but. ,lost.
traction before the end Of the sessioi
and finished 1-3-4c under close Of tn,
previous day. Operations conttnu,
narrow. dealings being restricted t,
small lots for necessary requirements
Grand Forks daily herald., 1916-06-15
Grand Forks Markets.

Obtained through the courtesy q
the Russell Miller Milling company q
Grand Forks.
pnIcr.e, rsfAr. rprhAY rfrNrtr ~
Grand Forks daily herald., 1916-06-15

Herald Want Ads Bring Results.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
n. va, DETROIT 2

Detroit, Sept. 14.-lt was Shocker
day here and the New York recruit
working in the presence Of hundreds
Of followers Of local amateur baseball
in which he formerly played, defeated
Detroit 4 to 2. He allowed only Ave
hits and kept them scattered. New
York won the game in the seventh on
a double squeeze play. With men at
second and third and one out, Walters
hunted to Young. The latter had no
chance for a play at the plate and He'll
man, who had been drawn in, was I'M
able to cover first. Miller scored on the
bunt and Gedeon went home, while
Young raced to first to get Walters.
The score:
New York .......0 1 o 0 0 2'1 0-4-S-1
Detroit ..........0 0 0 OO1 0 1850
Shocker and Walters; Mitchell, b.
land and Stanage, Baker.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
CHICAGO I, SENATORS 5

Chicago. Sept. H-Chicago gained q
game on the American League leaders
today by defeating Washington Z to S
while Detroit and Boston lost. Jacksons
timely single in the sixth inning which
scored two men. coupled with Fosters
wild throw Of Viewers single when the
bases were filled. gave the White sox thu
game. Faber pitched in fine form while
necessary, but eased up toward the END.
The score. -
Washington 10 0 0 0 o o 8 / i-5-l0-l
Chicago .."....0 0 0 2 o s o o x-7 81
Batteries: Gallia, Ayers and Henry; Fa-
Der and Lapp. .'
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
ST. LOUIS 5, PH|LL|ES 3

Philadelphia, Sept. 14.-Bescher's home
run drive with the bases filled in the fifth
inning gave st. Louis a S to victory
over Philadelphia today. The visitors hit
Mayo's delivery so hard that he was
taken out in the sixth inning, Bender pre-
venting further scoring. The home team
had many opportunities to pile up runs,
but Watson was too much for them At
critical moments. Three times Philadel-
phia had three men on the bases. Score:
st. Louis ......1 0 0 0 4 0 0 0 0-5-11-4
Philadelphia 20 0 Q 0 0 0 1-3-10-1
Batteries: Watson and Gonzales: Mayer,
Bender and Killifer.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
SUPERBAS WIN T.
WHEN CHENEY
DOUBLES IN 9TH

Brooklyn, Sept. l4.-Larry Cheney
won his own game for Brooklyn today
when he doubled in the ninth with two
out. scoring Olson with the run that
beat the Pirates. 8 to 2. Grimes, a re-
cruit, held the Superbas to three hits
in the first five innings. but was reach
ed for three singles and triple in tho
sixth which gave Brooklyn two runs.
Wheat got two hits. making ~ con-
secutive games in which he has hit
safely The score: =.
Brooklyn .......0 0 0 0 0 2 0 0 $1,000
Batteries-Grimes and Wagner; Che
ney and Miller.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
MAPS 9, ATHLETICS |

Cleveland, Sept. 14.-Cleveland So
cured another easy victory over Phila-
delphia today, to l. Gould was not
scored upon until the eighth when
Wits single prevented a shutout.
Three scratch hits. three passes and
three errors Of omission let Cleveland
score six runs in the second inning
The score:
Philadelphia 20 90 01o-1- SO
Cleveland ......0 5000 x-s-11-l
Majors. Sheehan and Picinich: Gould
and DeBerry.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
CHICAGO BEATS
BOSTON BRAVES
IN THE eleventh

Boston, Sept. 14:-chicago and Bos-
ton battled for 10 innings without a
score today, but in the 18th Workman
broke IN the game by singing with
the bases full. two runs coming IN
Safer led Chicago's rally by getting
. single and stealing second base. Will
,;ams walked and Ragan passed
Knabe purposely to take a chance
with Workman, who upset Boston's
stratergy with a clean hit. The game
was well played, although Boston lost
opportunities to score through poor
base running. Archer split his finger
with a foul tip in the 5th inning.
CHICAGO
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
GIANTS 3, C|NC|S |

New York, Sept 14.-New York won its
ninth straight victory today, defeating
Cincinnati to /. Tesreau held the visit
ORB to seven hits. while the wild base
running Of the Giants enabled them to
score on Mosley, who also pitched we'll
All Of New York's runs were scored with
two out and came after steals Of second.
The Giants stole seven bases, Herzog
gaining three. The score:
Cincinnati ......0 0 o 0 o 0 / 0E1-7-c
New York ......1 0 0 1 0 0 0 x-3-S-t
Batteries: Moseley and Huhn Tesreau
and Mccarthy.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
Sporting Nez0s OF the Day
new L0NDONERS CHAMPIONS
OF THE EASTERN LEAGUE BY
THEIR Defeat OF WORCESTER

New London. Sept. 14-By defeating
Worcester II to 2 today New London
won the pennant in the Eastern League
and now can lose every game and still
nose out Portland. the runner-up. The
season closes Saturday. The game was
broken up in the seventh when McGin.
ley was hammered out Of the box. the
visitors securing six hits for as many
runs. The score:
New London. 8 o 8 0 o o 6 2 0-14-1s-2
Worcester 80 0 0 0 o 0 1 O. 2-13-2
Manning and Russell: Mckinley, Han
son and Tyler. Freilag.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
ST.LOUIS WINS
FROM RED Sox:7:"
BY SCORE 81

st. Louis. sept. .14.-costly errors by
Boston. Of which st. Louas took a.
vantage, combined with timely hitting
enabled the locals to win today'a
game. 6 to !. Plank allowed only four
hits. Three Of these. q double by
Walker and singles by Gamer and
Lewis, netted Boston ~ lone run. A
rally by the visitors was ruined In the
fourth, when Mentally was called out
for batting out Of turn. after hitting
a single which would have scored =
runner. The score:
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
HARVARD Wins
TENNIS SINGLES

Philadelphia, Sept. 14.-Harvard as
the result Of today's matches in the
intercollegiate tennis tournament al
the Merton Cricket Club retains the
championship in singles. j. S. Pfaff-
man and G. Colket Gamer, both Of Har-
ward will meet in the final round to.
morrow.
In the semi-f1nals today, Gamer de-
feated Jerry Weber of Yale, 6-1. 6-3
e-1. while Pfaffman disposed of Eu.
gene Warren, Southern California, rs
Ga, 2-6, 6-2.
Montreal bakers must stamp their in
itials on each loaf.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15

The will Of Edwin w. vosmus Of
lewiston was fled Tuesday at Auburn.
The estate valued at $4,000 has left to
the Good Will Home Association at
Fairfield, $500 and to the State Y. NJ.
C. A., also $500. The executors are
Arthur Martin and Edwin c. Martin.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
Wins
D0UbLE-HEADER

Lynn. Mass, Sept. A.-Hartford took
the first game of a double header today
by a score of 3 to ?. and Lynn won the
second 10 to Z. The batting of Brickley
and the fielding of Grieve and Gleason
were the features. These were the last
games in Lynn this season. The score:
First game:
Hartford ......o 0 0 0 90 0 o-s-1o-1
Lynn ...........0~1 / 0 0 0 0 % IL
Batteries: Trautman and Murphy; Jew
EFT, Tuero and Carroll.
Second game:
Hartford ........0 0 0 0 3 4-7-n-1
Lynn ................1 s 3 0 x-13-15-0
Press and Murphy; Tuero and Master
man.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15

x-Batted for Pechous in 9Th.
-Batted for Egan in 9Th.
Chicago .....O 0 0 c 0 0 o o o o %
Boston ......0 0 0 0 0 0 0 0 0 0 90
Two-base hits. Gowdy. Williams.
Three base hit, J. c. Smith. Stolen
bases. Snodgrass. Gowdy. Safer. Sac
rif1ce hits, Raglan, Magee, Elliott.
Double play. Maranville to Konetchy:
Zeider to Safer. Left on bases, Chi
cago 10: Boston s. First base on err
rors. Boston 1. Bases on balls. off Per.
ry /; Off Ragan s. Hits and earned
runs. of Perry and in II: or Ra-
gan 8 and in II. Struck out, by Per-
ry /; by Ragan 9. Umpires, KLEIN and
Emslie. Time, 1856.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
American Standing

1odey's Games
Boston at st. Louis.
New York at Detroit.
Washington at Chicago.
Philadelphia at Cleveland.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
National

Yesterdays Games
Chicago 2, Boston 0.
New York 3, Cincinnati /.
Brooklyn 3, Pittsburg 2.
St. Louis 5, Philadelphia 3.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
ST. LOUIS

x-McNally out for batting out of
turn.
Boston ..........1 0 o o o o o 0 OIL
st. Louis .......1 0 o o 8 0 2 0 x-c
Two-base hits. Walker, Sisler.
Stolen bases. Gamer. Sisler, Shotton.
Lewis 2. Double plays. Pratt to LAvan
to Sisler; Janvrin to Gamer. Left on
bases. Boston s.; st. Louis s. First
base on errors, st. Louis 2. Bases on
balls, off Shore s; off Plank 4. Hits
and earned runs. of Plank, 4 and 1 in
innings: off Shore. 4 and 8 in Z; of
Jones, and in /. Struck out. b.
Shore 4; by Plank 2. Umpires, Dinasn
and Hildebrand. Time. 1912.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
American

Yesterdays Games
Cleveland 9, Philadelphia /
New Yorks4, Detroit 2.
St. Louis 6, Boston !.
Chicago Z, Washington 5.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
National Standing

7oeay's Game0
Chicago at Boston.
Pittsburg at BROOKLYN.
Cincinnati at New York.
ST, Louis at Philadelphia.
Daily Kennebec journal. [microfilm reel] (Augusta, Me.) 1870-1975, 1916-09-15
Eastern
Yesterdays Games

Hartford 8. Lynn (frst game); Lynn
Is. Hartford (second game).
New London IA, Worcester 2.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15
PENNSYLVANIA BUYS
INTO MOP" IS REPORT
Philadelphia Hears Ownership
Interest Has Been Acquired
PHILADELPHIA, December II.

philadelphia, December H.
That the Pennsylvania Railroad has
acquired or is about 70 take an owner
ship interest in the Missouri Pacific
was reported here to-day in financial
quarters.
II tho Pennsylvania Railroad is 70
become owner Of the big Missouri
Pacific system the fact will mark the
inauguration Of new policy at Broad
street Station. II would carry the
Pennsylvania Railroad influence west Of
the Mississippi River, beyond which 1t
has heretofore been the fixed policy Of
tho company not 20 go.
Reorganization OF the Missouri
Pacific system on what is regarded by
astute fnanciers as a remarkably
strong basis is now virtually completed.
The plan was formulated and has been
carried through by Kuhn, Loeb & Co.
That New York banking house has the
closest fiscal relations with the Penn
sylyauia Railroad.
The Pennsylvania Railroad system
makes direct physical connection with
the Missouri Pacific at St. Louis.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15
New York

United States Rubber Financing
Plans of the United States Rubber
Company TO issue 100000 long term
bonds are said TO be nearing consum-
nation. The National City Bank, IL
is reported, will be associated with
Kuhn, Loeb & Co. as underwriters Of
the issue.
The amount Of the bonds 70 be is.
sued Immediately will probably be lin
tied to S60000,000, but the total au-
thorization, it is said, may reach $780,
100000 It is understood that the new
bonds will not be offered 70 United
States Rubber stockholders, but will
be sold direct 10 the public by the
bankers.
Proceeds from the sale of the bonds
it is expected, will be used TO wipe
out the floating debt of the company
and refund Its short term obligations
maturing over the next two years.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15
RIBOT'S SUCCESS
DEFEATS RIVALS
Finance Minister Easily
Retains Post on His
Record
Rr YVES GUYOT


Paris, Dec. 14.-Ribot remains
the Minister of Finance in the new
Cabinet, which is a disappointment
for three or four Senators and Dcpu-
ties who would have liked to have
captured the place despite its diff
culties.
Ribot had little trouble explaining
his position. All he had to say was:
81 put out two loans which passed
expectations. put out Treasury
bonds for which the public subscribed
by billions a month. Still our float
ing debt is only 25 per cent of the
funded debt, while the floating debt
Of England is 40 per cent Of her
funded debt. Thus, you see, our sit
uation is good
Ribot gave new figures on the gold
turned into the Bank Of France. On
November % it reached 1913, 000,-
900 francs, which exceed by two or
three times all calculations. A near
ly equal sum has been exported.
France supplied gold to England to
enable her to keep up her gold stand
ard.
England pays the United States
$2OOOO0,O00 a month, while France
pays only S6O,OOO,OOO, but Frances
total purchases reach around $780,
100000 a month.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15
CANADIAN BANKERS TO
CONFER ON WAR ORDERS

Ottawa, Ontario, Dec. l4.-Canadian
bankers have been summoned 70 Ottawa
by Finance Minister White for an ex-
change Of views upon the question Of
financing British munitions as to or
ders placed in Canada. The Finance
Minister announces we will require the
notation Of domestic loans In the fut-
ure to finance Canadian war operations,
and that advances will be required TO
the Imperial Munitions Board for Brit
ish munitions account
No definite plan will be presented at
the meeting by the Finance Minister.
bu. it IS expected that programme Of
domestic loans and advances to the
British government will be agreed upon.
New-York tribune. [volume] (New York [N.Y.]) 1866-1924, 1916-12-15

The heads Of great industrial cor
porations, on being asked TO discuss
the effects of peace, have nothing to
say for publication. But they should
be prepared TO talk. 1t is their bust
ness 10 know by what means the
transition from war TO peace shall be
accomplished. Suppose the head Of
a great steel company should say:
eve have set aside from our war
profits q sum of S200,O00,0O0 with
which, when the war trade ends, we
shall produce steel billets and pile
them up 70 heaven, because expert
ence teaches US that In this country
it is impossible TO over-produce that
basic commodity" Suppose then six
or eight Of the big railroads should
say: Owe shall need TO add TO our
equipment 6 per cent year to take
care Of the growth Of the country.
We are ready now TO place our con-
tracts for equipment at that rate
for ten years ahead, and work may
begin as soon as the war ends. We
have set aside out Of our extraordi-
nary earnings Of the last eighteen
months a fund sufficient 10 guar
antee payment The chronic prob
lem in this country is how to find the
capital and the labor with which TO
do the work that is in view 10 be
done. Suppose work 20 the value Of
two or three billions Of dollars were
planned IN advance, the contracts
let and the material ordered, activity
10 begin with the cessation of the
war. Suppose, in short, we had an
economic programme which provided
beforehand for the utilization Of all
the industrial capacity TO be released
at the end of the war. Would peace
then be the catastrophe 1t now Is
expected TO be2
Our own country is go big and
rich and resourceful that we do not
have 20 believe in il. We take il for
granted. A little more Of conscious
belief IN its opportunities would save
us many a ludicrous fall. II would
have saved US from the absurd no
ton now abroad in the land that our
prosperity is bound up with an arti-
fetal, wasteful and transient war
trade.