The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1917-12-13
WORLD PEACE AND
WORLD CREDIT

Time and manner Of Lord Lans-
downe's presentation Of peace ideas
are equally unfortunate.
Lord Lansdowne is q veteran Eng
ksh Tory. Under the old regime
Vhen Lloyd George was looked upon
as an impractical Radical, the peer
who has just gotten back into the
limelight was in the seat of power.
A typical representative Of the old
Tory party, Lansdowne has been the
Governor General Of Canada, Vice.
roy Of India, Secretary Of Foreign
Affairs and Secretary Of War.
Regardless Of his official position
he has from the time of birth been
representative Of the comfortable
ruling class ideal Of England before
the war-the God-of-Things-as They
Were.
Things will never again be as they
were. II
This is the fallacy of Lord Lans-
dowpe. 49, -i, r-u~
The world IL too deeply In the
mire.
The only hope is a drive to such
decision as will bring about de-
gree Of human understanding which
will make 1t impossible at least for
generations possibly forever, for any
crowd to get together on the basis
which brought the Prussian exploit
ers together with any expectations
Of getting away with the swag.
Credit of the world was only slight
ly less imperiled when Germany in
vaded Belgium.
II the credit Of the world depends
entirely on pounds sterling why did
not France save her millions of dead.
There was Just as much reason for
stopping then as now.
Similarly, after the Battle Of the
Marne when the Germans had been
turned back from Paris; after YER
dun; after the Battle of the Som
me; after the German retreat last
spring; after the failure Of the Rus
sian Revolution-at each OF these
stages there was just as must reason
for considering the credit Of the
world as now.
Credit is simply the common DEM
,cminator of understanding.
Personal credit is dependent upon
4 this principle.
Firm and corporation credit are
even more dependent ON the conf
dence of the community as gagged
by the bankers who represent the
| investment Of the community's thrift.
| National credit and world credit are
based on exactly the same principle.
1t is far too late to talk about
the future of the world in terms Of
banking statistics on pounds sterl-
ing, francs, marks and dollars as
they were reckoned before the war.
What will be the value Of the
blessings of peace to nations SO ex-
hausted that they can scarcely give
hand to grasp them?" asks ord
Lansdowne.
This is not the question.
What will be the strength Of any
exhausted nation to reach out a
hand II the war ends with their
feeling that the millions of men who
have died might just as well be liv-
ing?"
English peers Of the type Of Lord
Lansdowne could never understand
such a question.
For two hundred years before the
war the whole British system was
developed on basis which made
it possible for the people at the top
OF the pyramid to feel that they
were guaranteed a certain liberal
income and special privileges which
the world yielded to them as natur-
ally as 1t put forward air, grass and
trees.
Great prosperity and world trade
leadership made it possible for Eng
land to give these bounties to GER
tain privileged class without making
the pinch felt too hard on the rest
Of the population. Many representa-
tives Of this class gave to the British
Empire splendid service and accom-
plished things which made IT seem
6 right that they should be SO priyileg-
ed. All representatives gave in 9TH
YS.wars as they have given in this
their bliod to the cause of Brit
+ n's battles.
NIt is an odd thing that men used
Ito certain privileges will give their
+H hlnAl a