Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1916-12-17
WEST POWDERS
TRADE EFFECT IF
GERMANY WINS
Possible Defeat for Entente
Allies Is Reflected in Atti-
tude of Spectators and In
VeStorS Alike,

spsct.L eoRaGsrouosHcs 70 uoaHiHo JOURNAL
Chicago, Dee. 1G-Thc possibility
that the Germans will win the pres
ent war, which in the minds Of an
increasing number of people in the
middle west has become a probability.
must be taken into account more
closely than heretofore IN all business
calculations Opinion on this sub
ject is less likely to be biased in fa-
Nor of the entente powers the great.
or the distance from the offices Of j.
+. Morgan x Co. Hence western
ideas on that subject are perhaps
worth notice
It Is no longer a matter of the man
ufacture of opinion and sentiment by
agents of Germany That industry
was in active operation for many
months in the earlier part Of the war,
and doubtless it is still operative but
by no means on any such scale as for
merly. Convictions on the subject
now grow mainly from a study Of the
news as reported to this country from
Europe. In view Of the fact that our
reports come through a British strain
er, il is not likely that the gains or
the central powers and the losses of
the entente powers are exaggerated,
and American opinion has been based
largely on the numerical preponder-
ance Of the forces of the entente pow
ers and assurances from London that
everything will come out right in the
long run. To western people such as
surances have had a worn and faded
appearance for some time past.
Revising Opinions.
Accordingly, many who had form
ed a habit of mind in regard to this
subject are now breaking that habit.
They are revising their opinions, and
some of them, sympathists with the
entente powers, are showing great de-
lection. One thoughtful man hold
ing a position In which much private
information comes to him on these
subjects, threw up the sponge this
morning, declaring that while the war
might last many months, the victory
is already substantially with the Ten
tonic forces. This man said several
months ago: az should hate to see
the Germans win. There would be
no living with them"
Living with them is perhaps the
most important element to Americans
in the whole subject Many Of us are
wondering how close the Germans
would come to us, with no friendly in
tent, if they had the plume Of victory
on their helmets and an open sea,
Well seasoned business men consider
It none too early to look upon this
aspect Of the affair It is of course
none too early for our government to
take note of it, Faith has been put
to such. a test that the selection of
Lloyd George as a leader has little et-
feet on opinion Many are wondering
whether he will prove only one more
plaster rather than new vital ele-
ment infused into the system. Nearly
everything the British have done thps
far, except the huge financiering has
gone wrong
Stock Spectators.
One sees musings on these subjects
working in the minds of stock specu-
lators and today constructing tho
trade, though still there is such con
seriousness Of the large earnings OF
the properties as to give strong sup
port to many industrial stocks by the
rank and file. Along with this is a
sense Of the sourness of the entente