Evening public ledger. (Philadelphia [Pa.]) 1914-1942, July 23, 1915, Night Extra, Page 6, Image 6

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    CBnOBtt-PgllAPBCrHa:. FBIBAY, JTTLY 23. 1915.
6
EVENING
PUBLIC LEDGER COMPANY
crnua it K ct-nTiB, Patue
CTwrtH lr.Utdln(tM.VlretriMnl: John 0 Martin,
ttarrury iM Trnrr. rhlll( B Colllna, John II.
Wlltlama, Dlftetora
fiOITOntAb BOAHO!
Ctkus II K. Com, Chairman.
ItAtjRT npcutlT Wltor
P It
JOttM r MAtlTIN
.Oentrtl nualneaa Manaeet
i n . -
rubiuh4 ddiir hi rcnuo LtMtx ituiidii.,
Indfpfndfiwt Squirt, rtilladtlphta.
hr twi rsTt. , . Hread and CheKtntit Simla
ATMKtio Ortr ITt-t)nUm Dulldinc
Ntf YonK 1T0-A, MtropMltn Tew
nrmoir Ma roril Iiullalnc
ST. Uinta 409 Olobe pfrnnerot nulMlnr
rillCAOO..... 1302 rrlfc Uulldlna-
I.vkpox S Waterloo flan. Tall Malt, B. W.
NRWB DtmiUURl
Wisntsntot Hcnc , Tha font ttutldlnit
N(T Tonic IIDIKAU Tlio Tlmrt Ililll.Hnrt
Bnu.l llunrtc.,..., (.....no Frl1flchtrM
Uvno" IJuafAt! 2 fall Mull liat, R W.
1'itia Dvikac !I2 una uuta I Grand
Bt'llSCntPTION TPHMS
. r carrier. Duty Uklt, alx ctnta Ily mall, potpal4
umltle of rhlladdnhla, axtrtit whr foreign pOta
it riwjulrfd. Dmi OstT. one month, irMitrflv rental
BHIT Oki.t, ono raf three dollar. All mall ub
acrlpllona parable In adtance.
KoTirB Bnhcrrltiera wlahlo addreea chanrwl muit
live old aa well in new aldreta.
BELt.. SOW VALNttT
KKTSTONF. MAIN iM
OJ" Addrttn nil rommtilntlon to Evrntna
Ltigtr, Indeptndtno B quart, PhtlnAtlphtt),
Kuan At Tits rmunn-pntA roTorrlo -a acotD
oi.i ujttL umu,
TUB AVJJHAC1B NKT TAtD DAlliT CinCUkA-
T10N OP THE KVENINO I.ElKJHn
FOR JUNE WAS Ot.BST.
rillLAI)FI.riltA, IRIDAY, JULY 2.1, 191B.
Hothino t difficult to the man with the habit
of doing things.
Prepare Prepare Sanely
THE movement to create a I'ltllodolphla
branch of tho Nntlonnl Security Lcaguo
began propitiously last night. "I believe,"
Mr. Wnnnmakor snld, taking a stand that
every citizen must share, "If tho houso wo
live In In not safe, our rtrst duty Is to mako
It safe. I bellovo If the country wo llvo in
Is not safe from attack, wo should mako It
safe from attack."
As to degree and method, Mr. Wanamaltcr
took n position for snno preparedness which
consorted admirably with tho Lcnguo's de
cision lo accept no support from any clticuii,
no matter how patriotic hla motive, whoso
means came from tho manufacture of muni
tions. Mr. Wannmakcr said: "Wo must not
let the peoplo feel thnt wo want to lmposo
Upon this country a largo standing army,
nor that we nro Ignorant of tho ovlls of mili
tarism or burdens of taxation, but we should
rather direct our efforts' toward advocating
preparedness to tho minimum degree com
patible with national Insurance, and ask that
this preparedness to tho minimum degreo
bo planned scientifically and upon economic
lines."
Better still, Mr. Wnnnmaker sounded the
note of world-peace In his plea for prepared
ness, a note that, olnco the first days of the
war, has been too much subordinated by tho
cannon's roar.
It Is only doubtful If the means Mr. Wan
amakcr suggested for putting n closo to
tho European strugglo and for bringing jua
tlco out of It, would nchlevo those ends. A
prohibitive tariff on exports and Imports
qulto apart from Its constitutionality or Its
effect on our domestic economy would
undoubtedly rnlso a storm qf anger nmong
the Allies which could bo allayed by no
public-spirited proposal to buy Belgium's
freedom from tho nation that wcuild un
doubtedly win tho war as tho result of
such a policy of embargo. It Is a fine Im
pulse, this of help toward Belgium, In placo
of ships for our navy, and of a determined
effort to end tho war. But It seems more
likely, at first blush, to end In nnger, hostil
ity and that state of International feeling
In which a navy would become tho prlmo es
sential. "What Is nn Ideal Councils," Mr. Moore?
IS IT possible that so regular a Republican
as J, Hampton Mooro was referring to
Rudolph Blankenburg when ho gave his Il
luminating description of tho "Ideal Mayor"
this city needs? Iteduced to specific terms,
Mr. Mooro's picture of the man of the hour
Is ono who has tho following qualifications:
1. A strong guiding hand.
2. A Btrong, constructive policy.
3. One who can rlso above factions or lo
cal ambitions.
Mr. Moore's undevlatlng regularity and the
fact that ho stands No. 1 on tho Organiza
tion's mayoralty slate lead to tho natural
Inference that he does not seo In Mayor
Blatikenburg these qualifications. Thus does
the Organization humorously explain Its nag
ging policy with reference to virtually every
reform Mayor Blankenburg has tried to In
itiate and the long series of obstacles It lias
used to block the path of such necessities as
rapid transit, a convention hall, better graded
streets and better housing conditions.
Will Mr. Moore now oblige the community
with a description of what constitutes an
"Ideal Councils" and what expectation Phila
delphia has that It cap bo obtained by the
re. election of the machine members of the
present body?
Out-regulating the I. C. C.
THE average citizen got quite a surprise
yesterday afternoon. It was the rate ln
creaso of 3.86 per cent, which the Interstate
Commerce Commission granted the express
companies. The ruling waked him Into a
rude realization that the express companies
etlll exist and still count for anything.
His first reaction was tlio reflection that
one branch of the Government, the I. C. C,
was choking the cat with butter In order to
oblige- another branch, the parcel post. This
impreealon lasted until he read that the com
panies themselves had asked for the Increase.
A year of trial showed that profits werq too
light, and new rates were, thereupon, cal
culated which would bring In over J5.000.0i3O
more In revenue. The average citizen prob
ably dropped, the eubjeot with the final re
flation that If the parcel post ooqipeted dis
astrously with the express companies at low
rate, it Is Just poaaible that higher rates
may mean a still smaller business and no t
000.W0 at all
But just before tb average cUn con
signed the exnrM guMtlan to the spot In
oblivion whtu It bad arisen, he might aavo
ventured the fun tier reflection: that th
whole thing is of Bupreirfe unlraportaaee for
the ,ld only reason that He has la the
pjrl iaet a competitor to exprese companies
fJlKt mm out -regulate any oemtuteeion that
The Elusive Egg ;
TIJK gtocp i' huu not moved a step
towttrd ,l- s'i'iUuu af th tirijs e
problem H'enyUUu, t $ f$fe,vate4 tv
T to4Pw! wh, there Is pretty WaJ W-
im in toad euppb that a jrohiWte
, j,.rh.tlv w m t ojbi. ttesliliiu.
are not In the loAst improved by being kept
over hlno months! yet winter prices cer
tainly are Doubtless, nobody Is much wor
ried over tho speculators Who bought 80,000,
660 nt a low rate in fruitful April, oxpeot
Ing to sell them during next Febjunry'B
Shortage; yet the fact remains that some
wino provision ought to be mado for storing a
proper quantity of eggs in such a wny n to
hdjust prices and supply a little more sensi
bly than natur6 does on her own hBOK. The
Btato law, however, doesn't accomplish It.
Moreover, the Stnto law doesn't oven ao
ccmpllsh the purpose written In It. The State
law cannot prevent Pennsylvania eggs being
kept In storngo ton months, or a year and
ten months, and sold to tho Pennsylvania
public. Those 00,000,000 eggs nnd their
owners nro in no particular danger. A largo
portion of speculators will ship their prop
erty out of tho Blnle, keep It In cold stOrngo
tilt tho season Is brisk and ship It back again.
Puro food legislation won't work unless
It Is put on nn Interstate basis.
Rainbows Good to Look nt, but the Nation
Wanta an Umbrella
NOT Ail tho Invcntlvo geniuses In tho
world enn resloro tho moralo of tho
navy If it has been lost. However great
their Ingenuity may be. It ennnot compen
sate for tho stupidity of a niggardly Con
gress. However great their enthusiasm, It
cannot persist unless nurtured by liberal
grants.
Wo nro nn optimistic and crodulous poo
plc. Wo have conlldcnco In tho ability of
American brnlna to ovorcomo any difficulty
into which blundorlng .unpreparedncss may
plunge us. Wo delight In tho dramatic. Lo,
tho Secretary of tho Navy stamps his foot
and up spring a scoro of genii who nt n
nod will rectify all errors and bring Into
bolng somb mighty though undefined en
gine of destruction which will drive our
enemies Into tho tcmplos of melancholy and
despair.
Whnt need of tho substanco If wo havo
tho shadow? Lot us delude oursolves nnd
by a tort of montol necromnncy sccuro tho
protection for which wo or those who repre
sent us oro unwilling to pay.
Put it down In a book that wo must havo
an efficient naval organization beforo Inven
tive genius can mako tho navy Invincible.
Put It down that thcro must bo highly
trained officers, trained in navigation rathor
than In tho artful obtaining of examination
questions ahead of time. Put It down thnt
thcro must bo a trained personnol. Put It
down that thero must bo discipline. And
put It down that insuranco cannot be bought
without payment of premiums.
Let tho public bowaro lest It bo deceived
Into a falBe senso of security. Let tho Sec
retary of tho Navy bowaro lest tho spectacu
larlty of hlB latest schemo deludo him Into
behoving that ho has in ono movo corrected
all errors, cured all defects and by a miracle
of achievement mado tho navy of tho first
rank. For, In fact, nothing has been accom
plished. Thcro Is merely a promlso of
achievement, a hopo that Invention will
prove a panacea.
This Is a great nation, not an association of
children a Colossus Just beginning to real
ize Its might and wealth and tho onvy It haB
aroused. It does not object to gazing at
rainbows, but It insists on being provided
with an umbrella.
A Pacifist Extravaganzn
THE! Evenings LEDonn printed a few days
ago an nrtlcle written by Mrs. Inez MU
holland Bolssevaln on tho war as It Is affect
ing tho peoples of Western Europe In Ub
picture of tho brutnl horror, tho foul Inde
cency of modern warfare, it was, perhaps,
uncqualod. In its implied prayor that tho
Insanity of wnr might soon bo ended forever
It affected Its readers with extraordinary
power. So much so that tho following as
tounding paragraph might have passod un
noticed: If I could buy all that any nation hopes
to gain by thin fury; If I could pile up all
the hopes of every nation, and all Its aaplra-.
tlops and win them at tho price of one In
glo human life, I would rofuse to pay that
price.
In 11 countries of this world mothers aro
paying that price with tho Uvea of their sons,
and wives with those of their husbands. In
populations of hundreds of thousands men
are paying thnt prlco with the only lives they
havo to give, their own. For what?
Precisely for tho things Mrs. Bolssovaln re
jects: honor, freedom, national Integrity, the
stored-up Idealism of centuries, security of
living and the hope of peace. For theso Mrs.
Bolssevaln would not pay tho price of ono
single human Hfel
Not even your own, Mrs. Bolssevaln?
Breakfast-tablo news: "Russians pursue
Turks In Mush region."
Here are those envldus Portuguese trying
to get into tho news again.
Clang candidates with good rnemorles nat
urally hanker after "harmony,"
Dictionary makers' will have to make a
"lift" to Insert Colonel Itoosevell'a new word,
"Chinafy."
,.n i i . in I I mil MIW
Admiral Noah had this to be thankful for:
He didn't have to keep a lookout for Ger
man Bubmorlnea. -,v
China may be a very pagjflo country these
days, but It pulle4 oft a rouetrig little revolu
tion not so long ago,
aanmnii ' i hhiiu
Judging from the dramatic effect of tho
Kaiser's movee, Max Itelnbardt must bo
staging the German oampajgn.
T. R. 4ms U have, looatid ft rift In the
Progressive lux SSttieWhere between the Mhu
roanltarlaa" and tha "patrlotum" stone.
Who can blame Premier A4ttlth ftr being
tea weary to explain to the Commoner who
aeked blm what England i fighting for?
Colonel Roosevelt desowtea hirneeif with
new laureie as an arWltf T 'l bulHthe
Panama Canal" be rw suggests - punt we
Panama Exposition."
"1U uijuay." aeeardlwr t MU Bejtner.
e the PeuoajrHvanla federation a Llauer
eVeaiawe, "teaasHtd FWJ4elphi ft fcWW." The
oly comfort Imtt eeeme M he that ve
umm it heuer tW fa owch tbM tmw.
TEACHING BOYS
THE ART OF WAR
Schools Tlmt Do This Aro Found in
28 States and tho District of
Columbia Milltnry Drill nnd Its
Relation to National Defense.
r r - J-
fiy EDWARD It. BlISIlNELL.
WHBTHran tho public schools as well as
the Btnto universities of the United
mates slinll provldo courses In military In
structlon Is attracting much attention. With
such a leader on former President Roose
velt thundering forth his warnings against
tho tinprcpnrod condition of this country
properly to defend 'Itself tho advocates of
somo form of compulsory military drill seem
lo bo In tho ascendant. From ono end of the
country to tho other this sentiment Is gnln
Ing new advocates. It Is reflected in tho In
creased nttendnncrt nt tho various under
graduate mllltnry camps, tho widespread In
terest In tho camp planned for older tnon at
Platlsburg, N. V and tho many branches
being formed of tho National Security
Longuo In all tho largo cities. A branch of
tho lcagtio was organized In Philadelphia
Inst night.
Naturally tho advocates of total disarma
ment oppobo adding anything to tho mlll
tnry burdens of tho country, and, thorofore,
protest against tho miggesllon oven of op
tional courses In military Instruction In our
publlo educnttonal Institutions.
Philadelphia's Interest In tho matter of
military Instruction han been accentuated by
tho offer of Dr. Joseph Leldy to bo ono of a
htindrod men to contribute $1000 each for tho
ostabllnhmont of a courso In mllltnry In
struction In our own Central High School.
Doctor Loldy, who Is a gradttnto of tho Cen
tral High School nnd tho Unlvorslty of Pann
oylvnnla, haw picked out tho system of mili
tary Instruction In tho schools of Switzer
land ob tho modol for tho courso ho pro
poses for tho Central High School. Tho
Swiss system Ib likewise tho ono which Col
onel Roosovolt holds up ns tho Ideal for
America.
In Switzerland tho boys recolvo military
training during tho last few years in the
publlo schools. After tholr graduation thoy
servo with the army for from four to six
months, and then for olght or ten days
overy yenr for a period of ten years. Tho
advocates of this Bystom mnlntaln that it not
only provides Switzerland with an Immense
nrmy nt n minimum cost of money and ln
convenloncc, but thnt It adds to tho physical
nnd Industrial efficiency of tho nntlon.
Ono Hundred Military Academics
West Point nnd Annapolis are tho two In
stitutions' from which tho United States gets
most of Its officers for tho nrmy nnd navy.
And It will got moro when theso BChooIs nro
olther expanded or tho Government estab
lishes additional schools In other parts of
tho country, ns It should.
But Undo Sam In rocolvlng help In a mili
tary way from still another source, tho 100
prlvnto mllltnry schoola and academics scat
tered ' over 20 States. Every ono of theso
schools mnkes Instruction and drill In mili
tary matters an essential part of tho cur
riculum. To a certain extent military dis
cipline is considered to bo a fair substitute
for tho athletic systems adopted In so mnny
of our publlo nnd prlvato schools.
Thero aro many educators who bellevo that
tho averago boy Is Improved by tho rigid dls
clpllno to which ho must submit In a mili
tary school Without doubt such a courso
has boon tho making of many a boy who
found tho purely Intellectual courses of pub
llo schools nnd prlvato academies Irksomo.
Certainly theso courses in military training
mako for a better specimen of physlcnl boy
hood. But how docs Undo Sam profit? In mnny
of the military schools and colleges there aro
on tho facultlea graduntos of West Point
who In addition to other subjects teach mili
tary training nnd supervise tho drills. Tho
graduates of theso Institutions would be tho
first to enlist in case volunteers wero called
for any war in which this country might
engage.
Tho graduates of all universities supported
bv the Stato could also help out in such nn
omorgenoy becauao military drill In varying
degrees Is obligatory on tho part of tho stu
dents. Tholr Instruction la furnlshod by
nrmy officers tiBslgned to duty by tho War
Department.
Now York leads In tho number of military
schools nnd academics. Counting tho Na
tional Military Acadomy at West Point, the
Emplro State has 17 such schools. Pennsyl
vania has but two and both aro near Phila
delphia. Ono Is tho Cheltenham Mllltarjr
Academy, at Ogontz, and tho other Is the
Pennsylvania Military Collego, at Cheater.
Tho distribution of these preparatory mili
tary schools by States Is aa follows, accord
ing to the American College and Prlvato
School Directory:
Alabama 1 New Hampshire,,,,. 1
California t New Jersey 9
Connecticut .......... 1 New Mexico.,,,.,..,, i
District of Columbia 1 New York...,.,....,,. 17
Florida .,..., 1 North Carolina E
Georgia .... 4 Ohio 2
Illinois 3 Pennsylvania ........ 2
Indiana ...,,, 2 South Carolina 3
Kansas 3 Tennessee ,,...,,,,.,, t
Kentucky ,,,.,.,,.... 1 Texas .,,,, 4
Maryland ,. 4 Virginia S
Massachusetts 2 West Virginia 1
Minnesota 3 Wisconsin 3
Mississippi 3 r
Missouri S Total , 100
Nebraska , 3
The oxtent to which military Instruction
will find a place In the public schools dopends
upon the action taken by the State or Joqal
education boards. In the case of the Central
High School, Nathan C. Sohaeffer, the State
Superintendent, lias ruled that It is a matter
for the local board to decide.
'.'A" IS CORRECT
To the pdlfor of the Evening Ledger:
Sir Please explain for me In your valuable
columns the solution of this; Inquiry: An auto
mobile leaves a straight road to turn to the
right. If morntptum was sufflelent, which two
of the four wheels would leave the ground?
A says tho Inner two, B says the outer one.
Which Is correct? HAY B. BENNETT.
Philadelphia, July tU
The Inner wheel will leave the ground. It
(h to prevent this that tho high hanks aro built
at the turn of the automobile rase traeks.
Editor of the BvENiNd XBoaBa.
UP TBQDY AND AT THE&I!
Heave he Oa slawl
Out Weei thjre'a Wine, eeeimotlpn,
oT-Te4a there, with his teeth ail bare,
YelAHf at the ocaan.
He &9H aad pouts
SeJaujHi it'e named Paclflo;
In afteent strong he says It's wrens
Ih language Wt prolific.
To fight 1st right
He frown at arbitration
And givee a wtteexe abeqt Chinese
And warn again etaraatten.
ja ivh tu4 wave
To change A CoftstHutlae;
Bat &' no lear tbat be" sincaxe
Ib Aemains elocution,
-"
SHRAPNEL SHELLS AND TULIPS.
Speculation in Shares of Corporations With War Orders Is
Flourishing as the Dutch Bulb Mania Once Throve, and
Prices Have Already Increased 600 Per Cent.
By GEORGE W. DOUGLAS
TUB crazo for speculation In tho shares of
companies having war orders has not yet
reached tho stngo of acuto mania that char
acterized tho Dutch tulip boom In tho 17th
century, but it Is on tho way. Manipulators
of tho shares aro busy and tho innocent pub
lic, thinking that tho demand for shrapnel
will bo permanent, Is buying with tho samo
avidity shown by tho Dutch In tho 17th cen
tury, when they wero convinced that tho de
mand for bulbs would never fall.
Tho wholo population of tho Netherlands
devoted Itself to tulip-raising until they
Hooded tho market and tho bottom went out
of It, and tho peoplo becamo sano onco moro
to llvo the rest of their Uvea In poverty. It
took nil tho sound philosophy which thoy
could muster to mako them content to live
at all. Somo who wero not philosophical
killed themselves.
At the height of tho boom the bulbs woro
Bold by porlts, a weight of less than a grain,
as diamonds aro sold by enrat's, and tho
choicest varietlos brought from 11 to 27 florins
a pcrlt. Tho Admiral Llofkon bulb was ono
of tho moBt highly prized, and ono weighing
400 perlts sold for 4100 florins. A Chllder,
wolghlng only 10G perlts, brought 1615 florln3
nnd a Semper Augustus, of 200 perlts, wn3
snapped up by an eager purchaser for B500
florins.
Tho stock brokors abandoned tholr regular
business and dealt In bulbs. Men sold, tholr
houses for a song to Invest tho proceeds In
a flowering plant and men who had no houses
saved their wages and Invested In tho now
lottery.
When they awolto from tholr drenm tulip
bulbs wero worth Icbs than wo now havo to
pay In tho seed stores on Market and Chest
nut streets, and to say tulip to a Dutchman
was ltko calling a London cabman a Bosch
In this year of grace and grapo and canister.
Thero wero somo compensations to tho
world In this mania, however, for tho tulip
waa dovolopcd to a state of perfection never
beforo known, and It Is now posslblo for
ovcry lover of a garden to got for his early
summer dollght tho lineal descendants of tho
17th century bulbs that sold for more than
tholr weight in gold.
Tho men who havo lately been paying $200
for shares on which a dividend has never
been declared aro likely to wako up in a fow
months to find that thoy have not oven the
consoling thought that their folly has ben
efited generations yet unborn. Tho slump la
bound to come when tho war boom Is over
and prices will sink to the lovel of actual
values.
A Rise of BOO ter Cent.
The most notorious booming of shares haa
centred around a company whoso president
has succeeded In getting a large amount of
war business. On July 21 of last year the
common stock of the company was selling
for 40, It remained around thnt figure for
many months and moved upward only a fow
points at a time until last eprlng, when tho
announcement that a contract for many mil
lion dollars' worth of war supplies had been
Blamed was followod by feverish activity on
the stock exchangee. Within lees than a
fortnight the price of tho common stock
soared to 160 or thereabouts. Then It Blumped
to about 120, only to boom again. Just a year
from the date when it was Belling for 4094,
with little demand. It was finding purchasers
at 204, or five times aa much.
The common stock of another company
Which was Jnactlvo a year ago at 48 sold for
7EH yesterday. This company la supposed to
have largo war orders, but ita officials have
been so reticent about their business that the
speculators have not yet been attracted to,
Its shares in large numbers., But the files will
gather about the honey If the war oontlnuee,
and shares bought up now at comparatively
low Briaes will be unloaded on the gullible
and eredulous. For there are a! way people
anxious to buy at the top priee. They are
like th aelf'supperttng young wdjpaa who
heard that a security which had been hover
ing around 106 for months had riMn to lie.
"And now," said she, "I have bean counN
ing up my eesh with a frUnd t see if we
couldn't buy a sfeare between ual"
Prudant Sell on a Rising Market
Few tseA evswr get rich in. that way. TUoae
who t(i themsalvea froea the wrftefe of the
tMtte Wl unleaded their tuue the top
prion. They tola ou a rteUaj, market ami
let who would buy. lo u eatM jy thlw
who eecajee oteeeter waeu Joh XW nig.
7 I
jkA j . J.jWJ?t5, 9l
slsslppl bubblo burst wero thoao who wero
prudent enough to sell their shares whllo
thcro was a demand for them.
John Law's wonderful plan to mako France
ten times as rich as It was by capitalizing
Its credit without any adequato plans for
redeeming his flat money sot afoot a moro
wonderful speculative mania than had cursed
tho Netherlands about 100 years earlier. Ho
went to Paris with $300,000 thnt ho had won
in gambling in tho othor European capitals
and opened a bank. Ho persuaded tho Duke
of Orleans, tho regent, to adopt his plan of
Issuing paper money against tho national
credit and ho organized a, groat company to
exploit tho wealth of tho country west of tho
Mississippi nnd later united It with tho East
Indies company.
Ho proposed to pay off tho national debt of
1,500,000,000 florins and Issued shares In his
companies to do it. Every one was delighted
with tho plan, oavo a fow sound-headed
financiers, and overy ono was eager to buy
shares In tho great company. Tho crush was
so great In tho strcot whero tho securities
wero dealt In that It becamo necessary to
build gates across It nnd admit people un
der pollco regulations. Tho attempt to mnko
money out of hot air failed, of course, and
when tho crash came Law had to tpo smug
gled put of Paris to save his life.
Short History of Disaster
Tho rapidity of tho boom and tho sudden
ness of tho collapse aro admirably described
In n jinglo that tho peoplo sang In tho streets
at tho ond, It ran:
On Monday I bought share on share;
On Tuesday I was a millionaire;
On Wednesday took a grand abode;
On Thursday In my carrlago rode:
On Friday drove to the opera ball;
On Saturday came to tho pauper's stall.
Whllo Law was actlvo In Paris the specu
lative mania wna raging in -London. Com
panies for all sorts of foolish projects wero
formed and tho people bought tho shares. Ono
man floated a company for making boards
out of sawdust, and another for turnlshlng
funerals to any part of Oreat Britain; but
tho height of absurdity was reached by tho
prospectus of tho corporation "for carrying
on a great undertaking, but nobody to knoW
what It Is."
No corporation warned tho publlo against
speculation In hose days. But "tho world do
move," oven if John Jasper's theory about tho
sun Is fallacious, for tho o dicers of one great
American corporation, which has Bomo war
orders, have announced that tho common
Btoclc la 'in tho hands of men who nro ap
parently planning to unload It on the publlo
by circulating stories of great profits from
munitions contracts, but that thero is no
Justification for any boom.
But tho warning will havo llttlo effect, fqr
It la still true, as Pudd'nhead Wilson re
marked, lhat an open Benson for foola lim
ited to a slnglo day is not enough, tho world
haB grown so.
A MINISTER AND HYMN
What an Editor Thinks of "Nearer, My God,
to Thee," and His Old Pastor,
From the Naahvllla Ttnneaen.
One of the blackest superstitions Is the Idea
that ao many people have held for o long that
(the preacher must be a man apart, distant and
eolemn, not touching the common activities of
men anywhere Tim greatest mlnlHter Is the
one who most nearly lives the life of his people.
One of the kindliest of all the youth
time memories that come to us la that of
riding along a country road at night with
a preacher ami hearing him tell a story,
a human-interest sort of story of the kind that
make men laugh out loud; the kind of story that
the bkteksmlth mltht have to!), that the driver
of the pddllng wagon might have repeated
across the twice to the farmer reeling hie plow
horse In the shade. That 1m the way we like
to think of tha preacher of our childhood.
And yet, many time when we would wor
ablp on the far bills alone tbre eaatm thioutrU
the harmony of the rustling leave and the
murmuring waters the voice of that praaehor
as it ue4 to come "trough the rouia ef the"
conrraoatien m tha eld church back at home,
tinging.
"Nearer, my Ood. te tbea; nearer to thee;
Ben though It be a shms that ralseth me."
That te the grandeat hymn tha vu .
sang In It devoUoos. We heard it ana loved It
baefc there in our oblMuood, when we did not
ypeet solemn oeaaatoas of our maimer life;
iwt vii wihiw trow?, we ware xaeeavaa
the fllowhlD of a arsat fratornai o.
Again when, with bowad haad and In the wrack
of many hopes, we stood by th oea grave of
u uuu uruiuer it la a uymu lo a by s,ml
tu iiU c. it U unHaraal m u, apjiUuoo. It
knows1 no creed. It loaves none boyond the
outer portal. It lt tho hymn of tho Unlvcritil
brotherhood nnd tho slnclo fatherhood.
Thero aro men possibly wo aro of them''
who havo no faith In crocus and forms. They
may be called iconoclasts nnd heretics and In
fidels. And yet, for ovcry ono of them there
comes sometimes through the medley of sounds
a volco out of old tlmo:
"Or If, on Joyful wing, cleaving tho sky.
Sun, moon nnd stnrs forgot, upward I fly,
Still all my tfongs Bhall be '
Nearer, my God, to thee."
FAIR PLAY FOR GERMANY
To tho Bditot' of the livening Ledger:
Sir When tho war first broke out you were
keen and were the flr3t to grasp tho golden op
portunity to make tho most out of (ho situation,
which sneaks well for your creat trowels. Th
sulcs of your paper Increased In bounds audi
Jumps. So much for that. Novv then, I am
sorry to see tho oncsldcdncss of tho press tn
general. English news to my w.iy of thinking
Is mostly exaggerated nnd not always In strict
nccortlanco with tho truth, also too highly col
otcd to bo swallowed by tho thinking Amerl-i
enn Uesldes the American people get tired efi
tho same old strain. To a good many, I for one.
this Is tho U. S. A. yet awhile, not England,
Tho nvernge American sympathizes with the,
under doc and ho Is for fair, square play. The
Get man-American docs not relish tho nppella-'
Hon of barbarian a8 so often applied to tht
Germans In general. Nothing would please mo
butter than to seo some red-blooded editor tak,
tho stund for a square all around deal on tho
war question. I am of tho opinion that the
naocr which had nerve enough to cater to tho
other cldo In tho Bplrlt of fair play, right and.
Justice will bo amply repaid by an (ncrcaied "f
'patronage A. UECKMAN.
Putnam, N. J July 20.
Tho Evenino Ledobr was not being pub
lished when tho war began. Editor of Uie
Evenino Licoann.
FAVORS AN EMBARGO ON ARMS
To the Editor of tho Evening Ledger:
Sir As an Intelligent reader I feel that I re-'
qulro somo explanation of tho flagrantly con
flicting mattor I clip from your last evenings
laann nnrl onHnso! "Fccdlnc the starving and
healing tho sick Is certainly a nobler thing
tnon ncipmg to sprcna mo iavwn mi
"TlnlrHvln'n olMorq nmmmt to 197.000.000." TheSO
war orders Include "shrapnel and other war J
materials." Baldwin's Is only ono of many. I j
mention them becauso they are bo near homo, a
Now, this Is of a character corresponding to M
a great deal that Is being published In our -3
nowspapcrs. Thoughtless peoplo, If they read J
It, do not stop to reason about It, but there is S
a mnss of Intelligent thinking people who ore 4
puzsled or shocked by It, but let It pass. Somo $
I Know will not, waste ineir iimo rcauwg ii.
It has been atnted within tho last two days
thnt tho orders placed In the United States
to the amount .of $100,000,000 have been nnd aro
being filled for munitions of war. Is the llttlo
editorial Item enclosed mere wind? If so wht
IS II1Q USD Ul 1IUUMBIIMIB IV I
When Abraham Lincoln made tho bold stroko,j
of emancipating tho negro slaves it was con-S
sldcrod that he had made a great advance In. a
civilization, ouppono i-ivbiucih wimun
make the bold stroke by putting an embargo
nn tna nvnnftnflnn nt mnnltfnnn fit war.
Would It not be a noble Btrlde toward a trus'!
civilization?. Then might wo truly nap our
wings ond crow about our humanltarlanlsm.
XANTHUS SMITH. ;
Philadelphia, July fl).
TAKING IT HUMOROUSLY
From London Opinion.
These Zeppelin raldft should bo good for UterajM
ture. Every suburb will soon have Its '!?JH
or more oest celinrB.
THE NATIONAL POINT OF VIEW
If we do Intervene, wo shall do so In 'h,'
Interest of civilization and of the Mexican pe"9
pie, not for the profit of a treacherous usurper,
"uiicubu uuuriiuu
Before Germany nnd Great Britain live hM
mnnlnuvlv niAm hv ildi nvnln unm ,tnrntfltidk
ing of the nature of justice must permeate fj
nations. uranu jiapios t'ress.
The Orduna Incident carries a greater 0lr
gestlon of danger to the continuance of frltM w
y relations between this country and Oenuaar j
than did tie last German note. Cincinnati
Times-Star.
la It not time to abandon the Alphonoe and J
Geston interchange of polite and poor) roundtd Jj
amenities and proceed upon the assumption, fl
prQvod to be correct by numerous happenings,
that German v has not the remotest intention t
conducting the war naoordlng to the ruivs of In
ternational usage T Kansas Cty Journal
AMUSEMENTS
B. F. KEITH'S THEATRE!
vJuurrHur and twulhtu stkkbts
SPECIAL !
MISS MARY MELVILLE
WlkL ACT AS BARMAID
TODAY t. so to .SO P. W -run AX
AT KEITH'S BAR
IN THE CRYSTAL LOBBY
A Batkiat Bead ttww In tht Coolant Jiuuaa tn tM
www.
TH9
MARKJR ST- ABOVB 1TH ft
iu u to ii.ii r 1
Stanley
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