The Sun. [volume] (Price, Utah) 1915-1932, 1916-01-07

long protracted as many, IL not the most of men
predict This opinion is based, principally, upon
TWO grounds. In the first place it seems appar-
ent that little, If any, benefit to any belligerent
country or TO the world at large can result from
the war except and unless it be in the firm estab
lishment of an international tribunal for the
settlement of all international difficulties: one
that is universal end practical and whose de-
crees are enforceable; one that will prevent the
proongation of wars in the future This can be
created. III so, negotiations for peace and for
such results should be opened at once and pushed
to conclusion. There never will be better
time.
IF one side or the other should absolutely
conquer the other side (which seems impossible
unless the war Is carried 10 an extent that would
leave the surviving peoples Of the present gen
Grafton of all the nations helpless and hopeless)
there would be no need nor disposition for an
international tribunal. The leaders of all the
nations must realize and appreciate these facts
and are likely TO act upon them soon.
THE other ground for my belief IL that each
OF the warning nations Is starving for men and
money hoth They do not admit il. but the signs
are plenty and convincing. Any nation that l.
prolonging the war beyond the time when IL can
be reasonably and honorably discontinued l.
slowly, but surely committing suicide.
When the War Closes.
But when the war shall close, the business
OF the country will be confronted with new con-
ditons. The purchasing power of the whole
world will have been greatly reduced Foreign
countries who are now buying our products be-
cause compelled 10 do so, will withdraw their
patronage in a large measure. Other non-pro-
ducng countries will find their financial re-
sources and credits lessened. More than this
foreign producers, in great need will strive more
diligently than ever TO supply the countries that
are financially able TO pay and at prices based on
cheap labor and low cost, as they have perfect
right TO do.
Our producers, including our wage earners
will find themselves in commercial antagonism
with the most perfect and difficult competition
ever experienced unless this shall be prevented
by laws that are reasonable and sufficient This
is not question of politics, for political par
ties as such. II is a question of economics and of
good business, and il affects all the people II
is question of the greatest good TO the greatest
number. There should be an effort 10 ascertain
and establish line of justice and fairness be-
tween the producer and the consumer.
There Must BE Cooperation.
This is an epoch. Times are serious, perhaps
critical. Financial, commercial and industrial
interests Of this country may be firmly estab-
lished on an independent and nvulnerable foun-
dation, but there must be cooperation betweeA
all classes and departments. private and public
I'VE must be prepared for radical changes in
volume, in prices and resources. There is dan-
ger or overproduction, overextension of credit
and liabilities overconfidence. We have obsery-
ed this before and we shall see il again II il
possible the banks will overextend their credits
particularly in favor of foreign interests who
offer attractive rates but they will take care of
that matter for themselves
I'VE business men should realize that there iS
possible danger ahead in the business outlook
and, If we proceed with caution however aggresl
sve, we will have done no harm and we may
hereafter have reason for congratulation. We
have.the greatest country. with the greatest OBJ
,portpnities, and may properly i've hopeful and