St. Johnsbury Caledonian. [volume] (St. Johnsbury, Vt.) 1867-1919, 1918-01-02
puELrsHEp WEEKLY By
Outlook for 1918.

OuttOOk fOF 1910.
All good business men have beer
,eohiag ahead TO conditions of future
business and the year 1918 is in the
immediate fueure All thinking PEG
pie are convinced that 1918 Is to be q
sEat or war. war more gigantic ane
nFpte terrible in It's des;rnctivenes
them any ever experienced by thi
country. and the main business of thi
eouatry viii be winning this terrible
war; The great productive agencies
Of this country will make war produc
tioa their first business. There will b,
rbe production of food for our owr
and our Allies armies. Of munitions
eft guns, OF clothing and of shipping
for tho transportation of troops ant
Supplies across the ocean. These un
aefsakings will call for an unprece
dented amount of money and labor.
Z. TIE cali for money and labor 70,
these lines of activity will serious1.
affect the supply of money and fabo
fDf other undertakings. Business a.
sfsaai wiH be seriously Handicapped
ana aafae from the production of the
necessities of life will be practically
ifnRossiblea This will cali for an ex,
Getstvs feadjustrnept of production
dufihg the year. The thousands O.
people engaged in the production .,
ruSltties viii be obliged to suspend
their usual business and the laborer'
ftras su1pi os4psnt in other lines of in
6Jua ( MS n II not be nearly as ex
psnatge irntal times becaus
there ai.eK q large demand for labo
81 xvar fndustftea s
JstThey sF 1913 win see the womeu5;g
tfss couHfrp engaged IN. many neY
fipes employment All other coup
ssses 10 war have been obliged t
place new duties upon their wome
ana THIS codntry VIII be no exception
TteYsaF on en-, too, will be granted ne
AHtopnt4of compensation and will re
esiFes1pch greater amounts as labor
ets THAN they have In the. past. TIL
tflfttstfiaF3 equality with mankind wi
increase stheir strength In demandir.
poffticAle equality, and we shall see
enlargement, in the equal suffrae
increment
@gTFe government demands &c
fndfley Will be enormous. To secur
tie necessary money even heavi'~
taxati6hS Of wealth Will be impose
WeaHhnnd capital will be consider
aBiy impaired in meeting the taxi
ION burdens imposed upon it an I
petaons who have been enjoying VI
wtdesy incomes will be forced to 70.
low more modest methods of Twin
the Spsreased toll from capital undo
tHxationSwtll seriously cripple it be-
cAas the INCOME from capital l.
ilot INCREASED but its expenses will I
iis0tt reater than in the past T.,
1918 the government cannot look
caisitAl to float it's loans or buy it
Bonds. It will not have the none
WITH which to do this business.
Too O much larger degree thar
eyer the. government will be force
to look 10 labor for investments n
goverhment obligations. The labor
Of this country will receive billion
sf dollars more than it ever has in
any other year and common iaborera
SItfl BE feeeivfhg compensation that
win sErpass that Of the learned pro
fessichs The iaborer in this country
can earn al kinds of money and r.
he witt practice thrift can invest as
4oAlsitthE Sims Of money in govern
kslsha obligationa the coming year.
1Ab0f nlsf practice thrift because
tt4s he only source from which the
gosefAdiett cat secure necessary
cApitai.
Einsteen hundred and eighteen
VIA besa hard year for the business
mar who depends largely upon Dor
f6Nssd capital ana We shall see cur
s4lihiest II not failure in these lines
Sf lainess. But those who have
been little men in the past will de
.yeIepe into bigger and we he
1iegs win prove the saviors of their
csithtfy in this critical year.
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