The daily Nome industrial worker., 1917-07-26

factors are against Russia and it requires "eyery possibly helpful in- huence ill the political ana military field to keep uI the value of the currency' and the very reverse has been the experience for the past month. So it is while other sections of the nation have been thinking i'll terms of patriotism, democracy and what not the real leaders. the f. nancial magnates, are thinking ill America, as elsewhere in terms of the currency.
 Turning to the recent legislation the experts dc not like the food l control bill. What they would like to see is that government would leave matters alone. Thus the Phi ladelphian financial correspondent of New York Evening paper which specializes on the subject says Big industrial interests here cannot be said to look with favor upon the re- gulation of commodity prices. They even go SC far as to declare that l if it assumes a broad scope and re- suits in wide price declines, it will interfere with prosperity and cause depression in security prices It would be far better, according uo some of our 0bservant business men to let the prices be governed by economic laws, and then have the l gov ernment tax the plOhts. Tue contention is that this course would allow business to expand ana With 1 it, the tax revenue frc1L it. whereas the policy now advocated woa}d operate 10 curtai, government re- venue"
 You see that the observant bus inessmen and the powerful interests are not affected as to their dinners or their living by the high prices. | They think in terms of currency and profits and that is their sole concern.
 1t is almost as interesting to ob- serve that it is declared by the same correspondent from the i Quaker City that the most promi- nent and powerful interests" feel ! that eventually labor will have to be regulated as part of the regular war program, statement shows why the war is so enthusiastically seized upon by Big Business as a pretext for curtailing the so-callcd rights of labor.
 The workers should not overlook the financial sections of the great papers. It is there that the capital ist mind unfolds itself in all it's unadorned beauty. It is there that they will find what are the ideals and what are the facts of the great movements which they note around them
 They get behind the scenes so to say. For, look you, take the com ment above quoted upon the food control bill which comment is q sketch of the actual doings going on behind the scenes, and contrast that with what was done on the stage, are reported from the on- 1 lockers of the play, and it will be an explanation of why the senators eliminated the control of so many commodities from the food bill and why they finally voted upon such emasculated measure.
 indeed those who followed the financial papers, and the plans which they had outlined were likely to be correct in their forecast not only as to public policies but as to the entire national sweep of affairs.
 Only in one matter was there any sharp conflict Of opinion and that was on the proper course as re- gards Mexico. There have been two elements even in the financial world: one advocating national in teryention and the other urging sup port of the constitutionalists with recognition therefore of CarranZa.
 Right now, and it is important that the fact should not be over looked, there is quite a general de- mand for the regulation of labor. | This demand is growing and it is growing in strength by reason of the increasing drive upon labor to demand higher pay by reason of