The Caldwell tribune. [volume] (Caldwell, Idaho Territory [Idaho]) 1883-1928, 1919-06-06
ew York, May 81, 1919.


. Now York stock market opened
u" week with one of the biggest
the w Of the war period. Mondays
v.sUsnsactions exceeded two million
. .h.res Present conditions in the
s. s.t market show clearI-' that fresh
: :.,ostus has been impaired to the
n..t,;c interest in stocks. buying or
p w. coming from practically every
os.t;on of the country.
Sei i.st Monday, in addition to other
l~rJs marked the passing of the
,,eeSnn0 oOO- share mark for the year.
IoU .. YEA the 100000 600 share figure
Lss' not reached until October 8 and
wa s,e h;o market of 1917 it was June
innos a., this total had been reached,
Ia in 1916 the 100.000,O00-share
VII WI was not reached until August II.
~ fact II is necessary to go back to
IN! n nsnic wear of 1907 to find an ear
Tier date than the current one for the
reachinq of this big total. That year
!, came on May Is. In 1901, 1905 and
,oM the mark was reached in April
which is the record.
The records for activity which are
beiag made now are somewhat out OF
the Ordinary. In the past the big days
have usually come at times OF panic
~ at least of severe depression. The
ann OOO- share days recorded-two in
ION and one in lo16-wrre composed
II Two panics and great rise. In
ion on April so, there was the first
5000 OO0-share day.
American Aid for Europe.
The most vigorous presentation Of
the present European situation anO
perhaps the most accurate Was tnal
which was made by FRANK Wandering
in AN address that was intended moi
onlv for his immediate audience, bu
for the whole nation. He delineAtet
a picture of a highly specialized ma
chine which has suffered dislosatlcr
of all of its component parts ane
which in addition finds its extcrna
surroundings completely revolution
lied by reason of a world upheaval
1t finds its difficulty, therefore, no
only in the production of commod.
tiles, but also in the disposal of tbes'
commodities in the markets of thu
world. Europe now stands in tn
position of needing goods from tn
rest Of the world, but in being un
able to pay for these goods excep
in one way, that is, credit.
Food conditions in Europe as dc
picted by Mr.. Vanderlip are wors
than they were during the war pc
Rod and are liable to become still
worse during the next pear, becaus
of the dislocation of labor and espe
cially the destruction of farm animal:
rendering the tilling of the soil i'm
possible, except with manual labor
The general industrial and economi
outlook points to a period after tn
signing of the peace treaty, whic
will equal if not exceed the war pc
Rod in suffering and misery.
"We have long wondered" sal
Mr.. Vanderlip, what made Englan
supreme in world trade in many G
most of the international markets.
The real secret he discovers to b
the under payment of the British Ia
boring man, reducing him to sue
gaunt poverty that one-third of all {
England's men of military age wer
physically unfit for service when tn
crisis came. This advantage is no
being wiped out and England mu:
pay the vast overdraft she has Gre
ated. A British minister has bee
quoted as saying that means woul
have to be found to send six millio
Englishmen out of the British Isle
and closer to the sources of food orc