San Antonio light. [volume] (San Antonio, Tex.) 1911-1993, 1925-10-18
Today

/ AOAuJ /
Peace At Last.
Why Is Wall Street
Crazy?
The Prince Comes
II Home.
By Arthur Brisbane
-copyright. 1925 by Star Co -
A N event of the past week, more
~ important, historically. than the
great war, is the agreement OF
Europe's leading nationG to arbitrate
instead of fighting. France and Ger
many, most important in the agree
ment because most apt to fight, show
an earnest desire to keep the peace
and start building, from now on.
DRESIDENT COOLIDGE attaches
q great importance to, the Locarno
treaties believing they will have
permanently peaceful effect.
II the white raceShave. decided to
stop numbering each. other, it is GER
tainly good news. $50
THE suggestion from Washington
i 10 that we should now call an
International parley here, to discuss
limitation of ornaments. regulating
size of armies, etc. ~ ss
Why not let Europe continuci.to
work out her own salvation? Because
we kept out of the League Of Ma
lions, Coolidge making it clear that
we would not finance new wars, Eu'
rope begins to act sensibly. Why
must VIC mix in:
A s to the sizo of armies, big bust
"A ness in this country wants an
army OF certain size, not for war,
but for strikes. or other industrial
troubles. Big business. finding IT.
self face to face with well organized
labor army, is determined to have at
command national army, big
enough for safety, and would not &c
ccpt less.
THIS country is making itself use
! full, keeping peace on this con-
tinent. Wars between South Amer
lean republics have practically
ceased. arbitration by Uncle Sam be-
ing accepted in important cases
Why not try TO be useful here, on
our Western half of the world, and
let who will be clever in Europe!
AN eloouept negro preacher at the
~ Stockholm church conference
spoke of the five great races OF men
as "the five fingers on the hand OF
God"
n we can attend TO our mixed race
hero. and be useful and decent from
Patagonia to the Arctic circle, we
NAV we'll allow Providence to lock
after the four other fingers
yIIGH finance wants to know What
II is aoing on, back Of the stock
Exchange frenzy that led to sale OF
c6s4 907 shares Of stock of FRIDAY.
Two stocks alone, General Motors
end U. S. Steel sold more than 3oo'-
coo shares.
cUCH runaway stock markets wor-
- ry the best minds for If
smash comes. they must pick up the
r;eceg. They like to move conserya-
lively. making money every day, with
the reins in their hands. When the
public seizes the reins and the run
awsy starts. high finance worries
II has put up the price Of gambling
funds, called "call money but that
did not check the runaway.
ONE or two trips across the con-
~ tjnent, with frequent stops,
would make the boom seem less mys-
tprious TO those amazed by It, The
nation is loaded down With WEALTH,
and the whole world keeps on chip
ping in more.
THE surprising thing is that the
4 whole boom movement has been
so steady and moderate. Suppose
there we're to start genuine real
estate boom. for instance, in Chicago
or New York. n Miami, with So
600 population can sell city land at
$4,000 a front foot, what would be
the boom price in New YorN. city
with population that increases clch
year about three and a half times
the total population of Miamif
THE Prince Of Wales returns
4 home, from long journey. as
Imperial Advance Agent, in South