The Cook County news-herald. [volume] (Grand Marais, Cook County, Minn.) 1909-current, 1916-07-05
SWEDEN.

Russia is kortifying the Aland
islands, which may be reached from
Stockholm by steamer in three or four
hours. This matter was brought to
the attention Of the government Of
Sweden through the riksdag last
month. Minister Wallerberg stated
categorically that 1t is a vital matter
to Sweden that there be no forts Of
permanent character on Aland and
that the Swedish government would
take such measures as would be found
necessary for the safeguarding of the
nations interest. Then followed a
truly significant and impressive scene
The leaders of the various party
groups in the riksdag in turn arose
and read carefully prepared state
ments, acquiescing in the view that
Sweden considers unfortified Aland a
vital matter to her and pledging the
support Of the various groups to the
government in the measures that it
must take in conformity with this po-
sition. 1t meant that although the
parties may be seriously divided on
many points, they stand united when
they see the nation in danger. The
Russians have maintained that the de-
lenses are of temporary character
and will be RACED when the war comes
to an end. In some quarters out
side of Sweden it has been affirmed
that assurances already have been
given by England and France that this
will be provided for in the interna-
tional agreements that are to follow
the conclusion Of the war. But pru-
dent men have become skeptical re-
garding the protection afforded by pa
per agreements. What is worrying the
Swedes most is not the fear that they
will be dragged into the war, but
rather what may follow after the war.
A syndicate of Scandinavian finan-
ciers is planning an insurance corpora
ION which will insure against the hor-
rors of peace. The coming Of peace
is dreaded by thousands of financiers,
manufacturers, shippers, railroad
freighters, bear spectators (also in
some, industries bull speculators) and
others. AS the war drags on the in
terests Of these classes become more
and more dependent on a long war !;
and thousands have entered upon
deals that involve their ruin if Ieace
comes suddenly and without warning.
Hence the scheme Of insurance
against peace. Such a scheme implies
that many persons are making money
out Of the war, and that is a fact.
Neutral Europe is making it out Of
everything conceivable. Shipowners,
food producers, clothingmakers, rail-
roads Especially in Norway and Swe-
den), chemists, medical store produc-
ers, dye manufacturers, paper makers,
alkali producers, aluminium traders
and men in 50 other trades are flour.
ishing. The losses at first suffered
because of dislocation Of credit have
been made up and the neutral states
are flourishing as never before in
their history. The reason is that in
addition to prosperous home condi.
lions "a few minor trades excepted)
they are taking in vast sums of money
from belligerent countries.
Stockholm is running up new busi-
ness buildings Of a kind the modest
city never saw before. Last winter
were opened five picture palaces Of a
kind formerly seen only in Berlin.
Some of these buildings are lined
with marble. In the Kungstradgard
street the big Enskild bank has built
new home on heavy Berlin lines.
This bank belongs to the multimillion-
aire family of Wallenberg, richest In
Sweden. Chief Of the family for
wealth and brains is the Wallenberg
who Is Sweden's foreign minister. An.
other bank has built a marble palace
with Venetian Gothic gallery.
Everything that Russia does not get
by way Of Siberia she gets by way OF
Sweden. Sweden's railroad rolling
stock is not adequate for the traffic.
This freight traffic means the expen.
diture in Sweden of large sums OF
English and Russian money; II
brought hundreds of agents, forward.
ers and Intermediates, who spend
large sums. There are also spies,
propaganda agents and arrangers Of
contraband deals, with big sums at
their command. The German agent,
Baron Lindner, was sent to Sweden
with $7,50o,00o, and most Of it was
spent.
The riksdag has been asked to ap-
propriate 100000 as a loan to the
stonecutting industries to enable them
to furnish work for the idle men. 1t
is also proposed to spend $4,000, 900
for the Identification of the Kiruna
and Svarton railway. Finally it Ii
proposed to devote $13,OO00O0 To the
improvement of the defenses.
An auction for the sale Of objects
OF art was recently held in Stockholm.