The Alaska daily empire., 1916-12-30

steeped in setsatisiaction. besotted with tenn porary successes swollen with accidental weath-es pecialy with wealth gathered from the misfortunes of others-believing without reason that harm or trouble can come"
 He goes on to develop the thought that our very neutrality Is a danger-that is injustice, and in reign of injustice. justice is unpopular Our very fairness brings, therefore added physical peril Re sentiment follows even exact justice surely any upright thing must nuke shadow somewhere. . Wes have challenged the hate that attends justice. . War is lawless; and those engaged in 1t can have no patience with the bystanders who hinder their striving by demanding compliance with law. He who is not with me is against me- is the nstinctiye, in variable feeling of every combatant"
 The Comptroller makes ringing plea for ade- Quate preparedness. seeing in wealth unsupported and unguarded by strength" the weakest, most timd and helpless of all things" It is his ambition for America that she become fearless confident, power ru equipped for defense against any foe all foes, ready to resent quickly and effectually any nsolence or aggression" and also ready ito be generous, to help lift up the fallen peoples, to bind up wounds the Good Samaritan and the Samson of nations--the bravest and the tenderest"
 Mir. Williams closed his address with moving tribute and appeal He said;
 For myself. l say here that have ideals
 and fears Since have been associated in
 public capacity with this people of ours
 have learned to love and reverence and be-
 leve. more than ever, in it's soul have
 learned to be convinced that the soul of the
 American people abhores the thought that in
 great crisis for humanity, this nation should
 be the toad among the nations sQuatting ig
 nominousy beneath stone of fanced safety
 instead of the eagle beating its way upward
 to heights of magnificent magnamity and bene
 ficience.
 Once more consider the circumstances, These words were spoken before the strongest commercial body of the Southern half Of the United States and spoken by the fiscal officer who supervises the na tiona banks of the United States. Why did he speak not of reserve and currency. of commercial paper and discounts. but of national ideals and national perils?
 It is because the United States has made change in it's financial relations with the rest of the world, which. accomplished by an intensive industrial "spurt' under unprecedented conditions has compressed into months the usual results of years No two previous decades ever made such difference in our financial situation as the past two years. In consequence. to the eye of financier who realizes that finance is not a thing apart by itself but simply one depart ment of human activity, having certain near and nee essary relations with every other department, the chief problem created by financial situation is not financial It is the problem of wakening the American people the moral and social perils which threaten us as a nation because of increase in wealth so rapidly accomplished that there has been no time for the moral and intellectual changes which should accompany such increase. and which do accompany 1t when wealth is won by the usual pro- cesses of steady industry and sefdenyng thrift.