The Washington times., 1919-11-29
Boersiuner's
Comment
on Business
By BOERSIANER,

In the slashing price cuts in some
or the specialties and in the sharp de
cline in the other industrials, yester-
day, the rails made quite unanimous,
III not equally slumpy, company. The
sympathy in misery was there, al
thought ii was not as deep.
The rails were successfully attack
ed because the Street was credulously
fed on the reiterated warning that
railway employees would go on strike;
would for another reason choose the
psychological time to come to the
inductive and sympathetic aid OF the
miners
There may be something in this in
formation; if so, the Government
should know by NOW what to do; in
the case of the miners immediate
in that OF the rail men, prospectively.
The question is no longer whether
the employees or the employers are
right-or whether both are wrong
Coal must be had.
No different will be the railway sit
uation. IL the workers purpose tie
up. The roads must be run and can
be run-provided there be actively
Arm wisdom at the National Capital
Mexico, under the same caption need
not be exceptions.
7tz Per Cent on 0O-Day Aoana.
This said, it remains just the same
that borrowers were bidding IN per
cent for sixty day loans and 1s0 per
cent for call money: that foreign
exchange was as decrepit as in the
early part of the week; which Is
ample explanation for what recurred
in stocks; the other causes were
therefore. minor.
Half-educated political economists
who have pronounced socialistic
prOpensities are buster than ever ex-
patiating on the probabilities or pos
sibilities Of a social upheavaL" In
every strike. however unsuccessful,
they see an omen: and though Russia
is clear refutation of their shaky
thesis Cthe Russia of four centuries of
serfdom) they continue to point to
Muscovy and the French revolution as
proof of what is to come.
There was not one Of those abuses
and grievances which the rough
grasp of the French revolution shook
TO air that had not been the butt Of
ridicule, the theme OF indignant in
vective, the subject Of serious repro
baton for nearly century. They
had been held up without ceasing
and without answer to the derision
OF the gay, the scorn of the wise, the
sorrow OF the good.
All Would End Abuses.
The most witty. the most eloquent.
the most profound writers were
unanimous in their wish to remove
or reform these abuses and the most
dispassionate and well informed part
OF the community Joined in the senti,
ment; 1t was only the self-interested
or the grossly ignorant who obstinate
ly clung to them.
Every public and private complaint
had been subjected to the touchstpne
OF inquiry and argument: the page OF
history. of fiction, OF the drama, of
philosophy had been laid open, and
their contents poured into the public
ear. which turned away disguised
from the arts OF sophistry or the
menace OF authority. 1t was this
operation Of opinion charging its
circle. and uniting nearly all the tai
ents, the patriotism and the inde-
pendence of the country in it's ser
vice, that brought about the events
which followed
Nothing else did or could. II was
not dearth of provisions. the loss
of the Queens jewels. that could
overturn all the institutions aad
usages of great kingdom: it was
not the revolution that produced tn.
chahse IN the 1ace or society. but the
change in the texture of society that
produced the revolution. and brought
it's outward appearance into a nearer
correspondence with it's inward sert.-i
ments.
Bourbonism had been warned Cor
century: Czardom for more than a
century. Drawing America into 4
comparison with France of old AID
Russia OF today. is monstrously as
surd.