New Britain herald., 1917-05-05

while since the beginning of the war
 the total authorized new capital in
 this field of industry has run up to the
 enormous total of $751, 100000. Am
 other new and highly important field
 of development has been that of ship
 ping. The new companies of that
 class organized during the last few
 months. have amounted to over $70,--
 OOO,0OO. making a total of $18O,OO0,-
 900 since the waf began.
 The one unsatisfactory feature to
 be noted is the food outlook. This country undoubtedly faces scarcity, especially when the urgency of helping 1eed our Allies is considered. Last years short crops, the backward season, exhausted reserves. and the foreign demand, all combined create a serious situation. Efficient govern ment regulation will, no doubt, be helpful in moderating the crisis, and present high prices should stimulate big acerage though the shortage of labor which withdrawals for the army will aggravate complicate a critical situation. Food economy is absolute ly essential. but the largest possible output. is the only solution possible and 1t remains to be seen whether government regulation or high prices will prove the surest cure. Perhaps both will be necessary. For American farmers year of great prosperity is ahead, since they can count upon good process for the largest products within their utmost reach.
 As already indicated, one great con- sequence of the war has been a tre- mendous expansion of the activities and power of the government. These have not been confined to prepara- tions of the army and navy, or to f. nancing the same, but faxe extended into the regulation of shipping. the distribution and prices of food: and may be still further extended before the war ends. Our railroads have self mobilized themselves; the off, cials. of fifty roads,-chiefly westernv having put complete control of their systems into the hands of commit tee of five who will run the com bined system as a unit for the pur- pose of cooperating with the national government. This is a form of prac- tical patriotism that should be rec ognized and Is being widely applied to many other lines of industry. With such momentous changes confronting them, manufacturers and merchants alike are obliged to exercise extraord- mary precautions in making con-5 tracts extending into the future. Be- cause of general scarcity in all lines of merchandise and the necessity for increasing and maintaining produc- ton. There Is no lack of confidence in the future; but the uncertainties and readjustments of a totally unpre- cedented situation naturally restrain future contracts and limit. all import ant transactions to a spot basis/ Gov ernment regulation has not been grand success abroad and is accept able here merely as 8 war measure, but happily we can profit by experi- their mistakes:
 The mosquitoes kept Staten Island from becoming the residential garden spot of the world. Justified by its sur- water, soil and climate.
 The U-boats are the mosquitoes of the Atlantic ocean. Staten Island has been largely redeemed by scattering oil on: the stagfant waters, thus de- the creative bases of the The. U-boat mosquitoes must be dealt with in a similar dras- tic manner right off, and their tbase of supplies must be destroyed, also lIl0 0HLlT0 coast or 6e1S1uHls 1rOH which the U-boats are mostly launched, should be blockaded. and the u-boats largely outnumbered by means of small high speed torpedo boat destroyers on the entire lane from our ports to the war-zone.
 The ingenuity and go aheaditiveness of the American people certainly ought to be equal to the task of ridding the seas of the U-boat mosquitoes, and 1t should be done without delay. Then the war will soon end and a lasting world peace be effected. The world is now about ready for 1t, the U-boat alone block the way. The of the remedy applied to the scourge of Staten Island was real- lzed too late. causing Long Island to forge ahead under an impetus strong enough to make it now the summer place for our rich New York people. The United States must not delay in applying a remedy for destroying the U-boats or else she may suffer the fate of Staten Island.
 HENRY CLEWS.
 AUTO CASE CONTINUED.
 Because 1t was reported that Sam |
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