Tulsa daily world. [volume] (Tulsa, Indian Territory [Okla.]) 1905-1919, 1918-01-02

tEDI1OR's NOTE Following IA
arndstr4ets review OF business IN the
united States and forecasting the busl-
nsM cqbditions during tho year 1DlBD
Nin9een hundred and seventeen
Will bS memorable because the great
~ of the worlds dcmocrncies, the
ynued states or America It's foreign
ecmmTcc forbidden, lts merchant
sMps sunk (und. iiA citizens funly
r7ity and went forward to seek Win
the sword peace ana repAratlon from
country which thru two years pre-
ceding had broken It's plighted word
TO pA had treacherously Assailed us
whitp profesaing friendship, and had
drennhed tho world IN blood.
~ and thru this act and the cOnse-
Qunncee growing out OF Americas alb
- . new character, the lrrcpressible
conflict between the worlds t%o
W0e eystcms OF government became
0eArty defined, and this country, once
qNsesed at ns mere collection OF
Wa1ers In tho misfortunes OF others.
stood revealed as one willing TO battle
ana suffer for ideala to which It's
!. -epemies declared II was an absolute
euWnxur. Naturally. the trade history
of such year as that just closed Ia
difficult one 10 write because old
Standards OF iiylns were perforco
abandoned. new and strange prob
lems presented Themselves TO be
solved and new rules of action Hnd
measures OF attainment were sot up
II IL stlll, even nine months after our
fornnl en,barkatlon In the war. arm.
& cult 10 say W hat fiuul success attended
this country'r efforts 10 adjust Itself
" war conditions, but II may NJ once
/. he said that many Of the steps taken
! md progress made IN TRANSFORMING
y from a peaceful neutral 20 great
military and naval power have been
comforting 10 those who have believed
not only ins the desirnbility. but IN the
efficiency under strain. of a repub-
iican form OF government,
Country Capable.
Briefly stated, thts country has boeh
disclosed az ca pabie OF raising n great
army and, allowing for natural differ
cncesSQf conditions. of building up an
sduallys great navy. Of providing food
and munitions for its own millions ana
those OF its allies. OF taking u fairly
active part In war. at the same time
permitting the pursuance of tho noo-
esraiy peaceful arts, and OF acting az
banker Of the Sllies and loaning uu-
,precsdsnted sums 70 further this war,
In doing this II has had 10 Impose
ttsxs1.Ns4e wpHlers never dreamed Of
The sentry ut my HttWa ,h N"ss
And II fell they'd know Va.,sn
Had died 10 save them from thal
fate.
This land In home to you ana me-
Hare MI our loved ones live ir
smile; :,
Could you and l stand by and see
fnhftn,nn
Should we desert s,@---- .-sracnt afse
Or. OF ua. sls toes, has done all
That nev.r tvsTApm OF apparent
Until The I'D I'D with apparent |
tt'opyright tsDyof Its people sim
Jsd was required and
After usinesSSHs.sMnpu,n,uae Sssn ana o,ns S1m
KAISER must doing OF these things,
his hands .retion for other ana
--staklngs. 4; has broken
uo,.. Il. cedents OF policy as II |
'Nof production. Indeed, |
scarcity ofs occurring and the great
wife at hes made have been verit.
..scopic In their number
M, sr. and the words ''rec-
The cofersdcntsd," enormous"
man whSsctivss have become time
enough fkneyea from their con-
n9 great war now moving
Apph1urth ycar,a bird'a-eye view !
Wolfe Z happenings as they have
Quebec. lrsslves might not be amlss
w months OF 1914 found this !
sorinS 70 adapt Itself 10 the |
The Gstrange conditions forced |
''decaderovnunOn with the rest OF the |
MT anv rssed exchanges, dlsorganixed |
shpudreds of thousands of
idI&s~nd lack OF confidence |
Nhe salient SeAtnrWs. In 1918 iiu- |
MIN OF Ainericnn stocks and honda |
~ abroad and feverash activity in |
( blyins munitions and foods 10 our
{osners stood out as Zig features In |
we assumed thX poaition OF n /
Ditor> nation. Ioaneh freely 10 the /
Ire world, bought heavily 16f bel
rent securities, infported both gold
(. merchandise An unhesrd.o OF yols |
K. and exported food. munitions and |
MsHAfe cturea16 b similar extent while /
tnxuandRSy~6ld and estabiishlng new
A1,a.t.iaa - hnths~.~a ag,,.to,,,