South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-10-19

Wa for Cook ana Is sl44l Ap4
Anundsen was for Cook and people
OF Sweden stiu believe in him. Ut
Egan said
Or. Egan declared ne was not sci
enthc. but he believed had COOK
used common sense IN the situation
his claims might az present enIorce
greater recognition.
Poetry I'm Everything
The speaker was az the American
legation in Copenhagen when COOK
was received in that country upon
his return from the northland- Dr. :
F,Van said he noticed Cooks upper
tooth were all worn down, ana
turning to the man next 10 him he
inquired. what IS the matter with
Cooks teeth?"
ssHe has been eating walrus
hides all winter az the north pole
and wore them all down" was tae
reply he received.
Edwin Markham Of New 10TH
educator and poet. famous as the
author OF The Man With a Hoe
held second place on the Ast Oh
speakers His address, What Is
Poetry" held the interest or the au-
dience and the quaint humor ne
sprinkled throughout his speech
pronpted volumes OF laughter. Mr..
Markham emphasized the point
that there is poetry IN everything
and also explained that 1.-The pur-
pose OF poetry IS 20 make the world
more beautiful"
He read his Man With a Hoe" at
the request Of the audience and the
real Significance OF the thought be-
hind the lines was revealed to the
auditors In its true meaning. His
description of how the poem was in
spired served TO make the reading OF
Il more interesting. He explained
that II was a protest against the
drudgery OF the laborer and that 1t
also involved the present day labor
problems.
His quatraines Preparedness
'Duty' and "Outwitted" were par
ticulariy attractive and his reading
OF them was full or feeling and un-
derstandinE. Mr.. Markham also
read several OF his shorter poems
and before each delivered a few ex-
planetary remarks pertaining to the
inspiration that prompted the work
the characters concerned, and the
thought he endeavored 10 give to
the reader.
sennte I'm Mistake?
Theodore Price, editor Of the
F,conomiSs and Writer, New York.
declared his belief that the United
tates senate has made q mistake in
passing the law exempting from tolls
az the Panama canal, all our coast
wise shipping. He declared 1t was
a direct Reputation OF our treaty
obligations and on the eve or the
disarmament conference 1t looked
ike a notice TO the other nations
OF the world that they need not take
our treaty proposals very seriously
THE obligation OF good govern
ment IS the most serious thing In
life" said NCr. Price, because with
out good government all our eco
nomio efforts are IN vain In pa
per he read on the present economic
situation IN the world Mr.. Price
said: "Ths present depression in
business -, I think. very largely due
TO the fact that II - believed that
the world IS poorer because Of the
war.
'~But Is II true that the war has
diminished the worlds wealth by
$500, 900, 600 DOOR People have been
known TO suffer from an illusion or
poverty. II is c form OF mental dis
order with which alienists are IA
Rnfliar. II is Just as disturbing as
real impoverishment and unless II
can be cured its victims cease to be
OF use 20 society and are put where
their depression and agony OF mind
rrDNn others
Before we allow ourselves TO drift
into that condition let US examine
the facts. Has the worlds wealth
really been diminished bv the war?
Money "a Yardstick.
Before this question can be an
swered a definition Of wealth must
be agreed upon. 1t Is generally ad-
rnitted that wealth consists, not OF
money. which is simply the yard
stick by which values are measured,
but OF things. lands. buildings, rail-
roads, ships, machinery, tools, food,
fuel, clothing and the other essen
tials and luxuries of civilized life.
Work or art and jewels may also be
included because they are products
OF labor or have an exchangeable
value though they can hardly be re-
garded as essentials.
Debts whether they be owed by
nations or individuals, neither d.
minish nor increase the worlds
wealth collectively considered. for II
all the debts were repudiated or for
given the things OF which wealth
consists would still remain. There
fore II the worlds wealth has been
diminished by the war the things
OF which that wealth consists must
be reduced in number, capacity,
utility or productive power.
is this the case IN a single country
except France. Belgium and perhaps
Austria? The United States Is gen
orally admitted 20 be better of than
before the war. We have just as
much land. II is just as fertile. Not
a single building was destroyed as
an act OF war. The productive power
OF our factories Is as great II not
greater than ever. Our railroads
and all the other machinery Of trans
portation and distribution are in
good working order and our bank
ing system Is immensely more efici-
ent than - was. We have more gold
than ever before and II we were
considering what we owed or was
owed us Il might be added that we
have become q creditor instead OF
a debtor nation
Great Britain is in much the
same condition. Her industrial
equipment Is uninjured Her faf
arrrrf-n q Fwr~..aaE ~ ,N,rrs