The evening herald. [volume] (Albuquerque, New Mexico) 1914-1922, 1918-01-30

N'N fI.H 'H|N''l f'I p i''i' '..I .'
J"fl cartoon comedy
Pnstimc-"Tho a. tiou Block &C.
poatcd
terms as ,o hy disappointing Some
concessions, however. were made and
iu 1Jo season others may follow
The president be- now coming iu for
some criticism iu connection with
progress of the war with the politi-
cal and personal aspccts OF such crit
c.sm these financial ndviccs have not
the slightest concern History warns
M mat an governments pass through
such crises especially in the early
stages of war. ana ID was oulN a. pa
triouo desire not to embarrass the ud
m|inistratiou that prevented an carli'r
uutircnk. Both Washington and Iiu-
coin had 60 endure bitter hostility
curing the great CRISES which they
w%caihered successfully. Nr wilson
viii probably have go du likewise.
Tho great leaders iu Franco and Brit
AIM have passed through such attacks
with advantage. and $50 probably shah
N, though to is unfortunate thUt
party politics pr personal issues
should have ueou allowed Ca intrudc
Tho chamberlain episode will an
Iuubtedly have the effect of speeding
uu and increasing the efficiency CT
ZOO war activities Whatever criticisrs
ugy have been made conceruiuE the
pro id,uts appointments and his poll
CLOS Iu domestic affairs and those
ARE not .ufreuucut. bis foreign poll
oio. have been %-iruularly sane. just
uur h.eu-mipdod so man has more
c%lcatl, spoken the mind of the Amer
jean people tud their attitude toward
Grrmaut than Mr. wilson.
w 1rn approaching the period for
30 new government loan. preparations
! for which are alreudy well advanced.
Secretary McNdoo ras utiuotcd that
tho huge sum Of sld 600, Goa. 600 viii
no up,IcG for war ma domestic oN-
! p,u... between and June 80 This
is CO staggering amount. bat what
ever portion b. issued a~ 70 loan 10 viii
! doubtlrss ho literally taken necessity
plus patriotism iu-urlnr ii- success
Not less than $1,000 1ou. GOO ut this
suu win be- r1 soj hr tlN,- ~" that
/ th, ,N.t,t amount 90 Doe l#Surd lu
! nu:d. b. mot yct definitely luuNu or
course tht- means tuat the country
viii hryo practically no surplus saw
Inp fur now enterprises FOR SOME time
to come and tho government is al
ready cousidcrinE steps towards dis
|rnururing Investments I'm other dircc-
| ton. this being 90 line with the policy
Of the British government adopted
early boz the war what the rat" win
bc ls mot vet divulgcd Sound bank
ing would liotut" either "a liberal rate
cor 90 SLIGHT discount lu view OF the
prices u which the two previous louns
mr., now selling. such a policy would
encourage % wider public distribution
thau special privileges which woull
appeal chiefly e. hi@ Investors who
would turn over q large proportion
ns collateral Ia the banks which a.
reltv hpld large sums 81 these bonds
on 10 such terms arc not practicable
thcu ! would renew ms previous sug.
irpsiiou of % 3G5 per cont ]thrcc-ycni
treasury note hearing interest at IA,
rate OF 8 cent "a day, such notes being
convertible .uto Z per cent az ma.
iuftlN
.,,t. .
adverse to high interest rites but. II
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