New Mexico state record. (Santa Fe, N.M.) 1914-19??, 1920-05-21

ton Is strong. One arm, agriculture.
is Overdeveloped. and its overdevelop-
ment has been at the sacrifice of the
other arm. Russia, economically, In
one physical respect, reminds me of
Wilhelm H~OhenzOllern. late of Prus-
STA. now living In Holland. l refer to
his withered. undeveloped baby arm.
Russia's undeveloped industrial arm is
just such a crippled, useless arm. Ref
erence to the ex-emperOr. who is now
saving wood in Holland. suggests to
my mind the words of a great German
economist. List:
"A nation cannot promote and fur
ther its civilization. its prosperity and
its social progress equally as well by
exchanging agricultural products for
manufactured goods as by establishing
a manufacturing power of its own A
merely agricultural nation car never
develop to any extent a home or a
foreign commerce, with inland means
Of transport and foreign navigation,
increase its population in due proper
ton to their wellbeing, or make no.
table progress In its moral, intellec-
tual, social and political development +;
it will never acquire important politi-
cal power or be placed in a position to
influence the cultivation and progress
of less advanced nations and to form
colonies of its own. A mere %agricultu-
raj state is infinitely less powerful
than an Observation-Disclosures
state. The former is always ecOnom-
ically and politically dependent on
those foreign nations which take from
1t agriculture In exchange for manu-
featured goods. 1t cannot determine
how much it will produce. it must wait
and see how much others will buy from
it. The Observation-Disclosures
states on the contrary produce for
themselves large quantities of raw ma
terials and provisions and supply
merely the deficiency from importa-
ton. The purely agricultural nations
are thus dependent for the power Of
effecting sales on the chances Of a
more or less bountiful harvest In the
Observation-Disclosures alton s.
They have. moreover. to compete In
their sales with other purelv opricul-
tural nations. whereby the power of
sale in itself is uncertain they are ex-
nosed IN the danger of ruin In their
trading with Observation-Disclosures
Ing nations by war or new tariffs.
whereby they suffer the double disad-
vantage of din No buvers for their
surnIus agricultural nroducts and of
failing IN obtain %sunnlies of the man.
ufoct,red goods thew reouire An ap-
riculturaI nation ia n man with one
arm who makes use of an arm belong
ING to anotber nerson hut cannot. of
course ha SIRE of having II ALWAYS
available An ACCOMPLISHMENTS
turing nation ia a man who has two
pood arms Of his own at his disposal.
po,.nd ei,.a a. ., E.,r,,.
Tic, frr,hor no;nts ont that tho re,-
alive cuIt,vat,on Of the agricultural
ana monrtoc,rr,nc arms y, a country
nossessod % On annie and fertile tor.
story vii, Give that country a nonu.
,ot,on twice 20 tbroe times os large
No !, could soc,rs NV Tho devalonmant
90 Tho ocr,cr,t,roI arm alone and
mo,nta,, his vastly ,~ncrea sod nonnls.
ton in a much higher degree NJ CON.
g.. c,~n,,s auro,,.,r.1 nro,,oo Ia
no. -r,,u con,,o, In a., ogr,c,,tu.
70, countrv Conntr,as which A
sr,. !. s,,rn,re ana r~ar,o,n donordo,t
- man,soo,rr,,c co,,,r,a. oro
os,an oh,irad ,o n,rchoso ,hoso mann.
,.o.urod noods a, On onbancod nr,ce
~ - :. an ono
~ po'"'' " t"'""" no -" Sp'