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HomeMy WebLinkAboutThe Herald, 1914-09-16, Page 5'Coldstream Guards; One of the Crack Infantry Regiments of Great Britain, Passing Through Hyde Park in Heavy Marching Order, on Their Way to the Front #111 EARLY PEACE lk EIIROP ~ of European other necessities of life which Canada prod.itces, there must. -be` an laminae -d'° demand from En- . DIA DerekWIVA'Es IS PREDICT- CT -ED IN CANADA. - Dr. Adana Shortt Says London Au thorities Believe 'There Is No Cause for Unrest Here. Canada should :stiffer least, have !a, quicker recovery from the effects 'of the present war, and ultimately 'snake more from it than any other Ttoountry in the world. That is the opinion- of Dr. Adam Shortt, Civil Service Commissioner at. Ottawa, and one of the best au- thorities on economics in the Do- minion. Dr. Shortt has just return- ed from' England, where he was at the•outbreak of the war, on a. Gov- ernment mission, investigating civil service reorganization and •condi- lioens, with a view to their applica- tion in Canada. Before leaving London he intter- iewed Sir George Paish, for many years editor of The London Statist, and tithe -leading; authorities on, financial conditions in London. He discussed with thein the problems of Br'itieh finance,especiallyin their elation to Canadian conditio»s. he impression prevailed in Don - on, said Dr. Shortt to The Globe, .hatt°tthere is no reason why Canada .uld not profit greatly from Eu- opean conditions as effected by the Var. E•xpeet• Short Mar. According to the London finan- ers, the war will not be, of long uration. Meng of them expect ;hat the ,struggle will not be mea- t. cally decided by Obristmas, and, •n any <event, by next spring, the h roblem of financial and food ,sup - lies for Germany . and Austria be - jag alae determining' factor. With the,British navy in control of the seas, d feed'suppliee for the allies from broad being thereby guaranteed ; firth the financial resources of .R.us- '.ia, France and Greet Britain coli- sideivably greater than those of the enemy, and with the prospect of broth Germany and Anstria being unable to Maintain in the present' pace or to till their fields next year, Dr. 1` laertt,says'tthe pressure from finan=' vial stringency and from, shortage. of food supplies in Austria and .Germany should compelthem to tx»ne to teams with the allies with - it a very few months. That is the impression whioli prevails among the beset economic authorities in Great Britain. To Stimulate Our Trade. 'As to Canadian conditions 'affect rope for the thia5gs which are pro- duced by the Dominion from its na- tural resources. This inereased de- mand means higher prices and a stimulus to the basic industries of Canada which, in turn, must mean increased national prosperity in practically every line of economical production in Canada. He noted that in the past inter- national wars had invariably meant good times in Canada, especially for the basic industry of ageieulture. "A good harvest and a bloody war" were ironically said to be the farm- ers' prayer. There was economic justification, at least, for such an idea, especially under present con- ditions in Canada. Before the war broke out, said Dr. Shortt, theyre was in;process a, necessary and •salu- tary readjustment of financial and industrial conditions. Urban, de- velopment had outdistanced agricul- tural development. The floating of securities of all kinds for industrial enterprise, the mushroom growth of cities, enormous expenditures and borrowing for :municipal, pro- vineial and national purp3ees, real estate speculation, and all the other concomitants of boom times had de- veloped a condition . where Euro- pean financiers were already calling a halt and finanoiaa stringency bad already _made itself felt, On the other hand, ;agricultural production had not by any, means keptpace with urban and- industrial . expan- sion. t A Quick Transformation. The chief need of Canada before the war broke out was to get peo= ple back to the land and 'to stimu- late agricultural expansion on a profitable and permanent basis. The effeot of the` war, Dr. Shortt said, Would be to aceelerate the process which • had already begun. The wind was let out more rapidly from inflated eeeuritiee, bringing them down to real values, while the en- ha,nced prices for, foodstuffs and other commodities of natural pro- duction would mean a. greater stim- ulus toward restoring natural in- dustries to their ,proper place in the Dominion. 11 mulct for Our Products. • .As a result of the waste of money and of all surplus European oapi- tat on the war, he continued, there would have to be a, consequent econ- omy for some years to come on "the luxuries .and frills," on the part of the European nations. But for food products and other necessities there must still be practically the same, or . increased, demand. Canada's exports were at .least- eleven twelfths necessities of life. Only a, ed as "frills." And it vas only'in regard to' the latter that European economies and the shortage of .capi- tal 'would be felt, to any degree: Moreover, after the war had been brought to a, erose capital seeking investment would be apt to consider only the safest kind of opportunity. Canada, with its natural prosperity based on the development of its na- tural resources, could offer to Euro- pean investors a 'safer field and a more ready return in dividends than any other country in the world. Basic conditions were sound, so far as Canada was concerned, and, though there would undoubtedly be hardship in sone quarters through the more rapid but neeessary read- justment of abnormal conditions in consequence of the war, the ulti- mate result should, within a few months at most, he beneficial for the whole -country. There was abso- lutely no reason. for any financial panic or for any pessimistic view of business conditions in Canada. Financial Problems. Dr. Shortt admits that there would be considerable difii;eulty ex- perienced for some time to come with regard to municipal, provin- cial, national and railway financing: Canada had considerably over -bort rowed in the past few years, and even without the war there would have been necessity for strict econ- omy and aslowing down in regard to borrowings and all unnecessary expenditures for some little time in the future. The war had empha- sized the necessity, recognized months ago, by the banks in Can- ada and by every student of econ-- forputtingon of the i s the in c brakes. As would be the result in Europe in regard to economy on the frills, so in Canada, pending a restoration to normal conditions and the natural increase of general 'wealth through the .development of agricultural prosperity, there must be as cutting out of ;the ,frills here in regard to public expenditures., in re- gard to the flotation' of new or doubtful enterprises, :and in regard to .further railway expansion. The British Moratoition. As to what yatild happen in Great Britain when the moratorium period 'expires, Dr. Shortt said ithat finan- ciers in. 7,,ondon-could give no very definite Opinion. The moratorium, .he said, was declared not so much because of any financial panic in Britain itself as because of the in- ternational situation,'with n-ternationalsituation,'with Germany and Austria endeavoring to hit Bri- tain financially by selling tall securi- ties held by these mations in the great clearing "house of the world and fencing & great drain of gold from London. There was, he said, ample evidence of a. deliberate de- sign by Germany during the week by the war, Dr. Shortt pointed very small proportion of our mann- intmediattel•y preceding the declara- sut:that, because elf the limitation feetured exports could be consider -tion of war to oreazte a financial panic in London by a concerted - ceiling of stocks• not only from Ger- many direct but through Holland and Denmark: It was to prevent this panic, to keep the London sup- ply of gold from being exhausted, aid to prevent a needless sacrifice of good securities on the market that the moratorium was declared. Dr. Shortt believed that there need to • that . securities bal but little fear t1 having sound value will be main- tained et their intrinsic market worth. Wildcatting, however,is doomed far many years to come. Practical Economies. When the war broke out Dr. Shortt had a somewhat humorous experience in practically demon- strating his reputation as an econo- mist. He was caught in Birming- ham with very little ready money in his possession and the bank holiday extended for several days. In or- der to save enough to pay •for his room at the hotel and to get to Lon- don. he made his last two meals on fourteen cents. On arrival in Lon- don he was fortunately able to cash a letter of credit by the intervention of a friend in the Bank of Scotland ;before the banks actually resumed 'itisiness. • PARIS :1.141 0379 SIECIE. People ` Fed on •11ilonkeee a tai I,let plumes • as toast Rewritten,. Business may stiffer .and ptices go up while the war is in progress, bet • we in Canada svit1 ' prohaibly never know such experiences as those suffered• during rhe siege of Peris•,by the: Germans in 18`i0-71. With •• the`Prtsssitene ,fast adva-nc itrg- on the capital and :before Bis- mar0k had finally, bottled up the city and refuted to permit food to. 'bestehen within the gates, there was a eeurry to :gather provisions from •the sxtrrotlndin•g country. So long as the .zti, laded;.% .remained open cattle, hay, grain, ooreserved meats, salt, and everything edible .was ' -hurried to the capital and stored in 'public buildifigs and parks. But there was the utmost confu- sion and cruel waste. On Septeen- ber 19 the railways estopped run- ning, the fifty-one gates of Paris were closed, the railway stations were walled tap and proclamations were posted on the walls calling on all good citizens to meet the com- ing trial with their "usual forti- tude.'' Up to October 31, when Bismarck finally sealed the gates of Paris, there was no perceptible lack of bread and no increase of prices to be complained of. Wine was plenty but meat began to get scarce, and horses were requisitioned for food. Then the famine set in. Butter rose by leaps and bounds until it 'was $5 a pound. Eggs were sold at 25 cents apiece, and milk soon became unobtainable at any price. The babies diedlike flies. It 'was reckoned at the end of the siege that no less than 3,000 of the little. ones had passed away for lack of nutriment—about the same number as the soldiers killed in the various skirmishes by Prussian bullets. The attention of the 'butchers was soon drawn to the Jardine de Plantes and its cages of strange animals. Presently exotic meats began to appear in the market. Those who could afford it ate ante- lope steak at >$3.60 apound and found it not so good as stewed rab- bit. Mule meat was found delicious, much better than the best beef- steak. Elephant's trunk was a de- licacy at $8 a pound. Those who could afford it regaled themselves with yak, ostrich, kangaroo and bear meat, at ,prices, in proportion to their scarcity. More often than not they didn't like the strange meats at the price paid. -Christmas, when it came, was a sad holiday. Nothing was plenti- ful in the markets but champagne and English mustard, a mixture which the Parisian taste did not approve. The saddest thing was that every- one's appetite increased as the vis- ible supply of food decreased. Thinking constantly of eating made fobs hungry, and when Christmas had gene and New Year's Day hove into'view there were serious appre- hensions «f famine. Then, too late, the 'reckless waste of two months before was bemoanedwith bitter tears. To add to the misery the winter of I871 was one of bitter cold. es. • FOREST FIRES. Russia's Cossacks. Included in the Russian army are about 1,500,000 Cossacks, strenuous fighting men and magnificent horse- men. The Cossacks, as a, rule, are more highly educated than the average Russian peasant, and twenty years' military service is ob- ligatory for the men, who supply their own uniforms, horses, and equipment, the Government pros, t siding the arms. In return for this the State gives large grants of land to the Cossacks. The C'ossatk s lia. bility to military service does not end at •forty or so. He is always at the Czar's command. it Seto1at��t't'' " ., 119 a►i•raaaE�a61, sol' ftp aai v : i� 9+>til9�a v A: Prolonged •Dronglat Tests Pro- teet,ion Plans. The .ef6eieney and resources of all forest -,protective organizations in Canada have been put to a se- vere test this year by the prolonged drought which prevailed through- out the greater portion of Canard:a, during the earlier part of August. It seems probable that 1914 will be recorded as the worst fire year since 1910. The situation in south- ern British Columbia has been very serious, and great areas have been -burned over in Alberta, on the east slope of the Rocky mountains. Northern Ontario also has suffered severely. The railways are no longer the chief source of forest fires, and the necessity for a strioter earntrol of the Letting of fires by settlers for Clearing land, is 'beesomin•g inereas- ingly apparent. Also, in many sec- tions, especially on'ont-over lands, where -most of the .fires originate, the establishment- of a, more :ade- qua,te patrol -system is essential to protect young .growth, and prevent the spread of fires into old ,timber. The extension of the merit System in the appointment of fire rangers in the services• of both the Domin- on and Provi:noial governments is, necessary if the best results in fire prittection are to be secured. .14 • "She tried to •'make ,.a, fool of me," said Snapp, ''brut-eouldn' slo it." "Of course she couldn,,t," Tapp replied, "eaturo had beat raCfl '' :CE IS BETA in KO, WarMayDini Torch of Proarees for, Years to'Conte. , The Medical Record evpr gees the opinion .hat a long drawn- , rut struggle iii°Sure will retard ;the progress of medical science abroad for many years. "It may be premature,'' says the editor, "to atrteinpt, ' to prophesy the ultimate effects of the insane'" struggle in Europe upon • the I.irii- gress, of mediea1 science, but there can be no doubt that in :urepet where the ttore'h of science bas been earned high, the eeoncenie losses resulting from a long -continued• war would dim its radiance foo* many years to come. Attainment in science and in the Liberal arts is favored by unrestricted leisure and freedom from the ,stresses and Cares of daily life, and the dissipartien. of a country's resources "-cannot but react unfavorably in 'halting the onward march of science. "In addition to the diminishing endowments for research which will presumably follow the war, there is another important faastor that will hamper medical investigation. _ The mobilization of the large Eu- ropean armies must drain the la- boratories and the clinics of their brilliant young workers, v -ho, a' reservists, volunteers, or meantbe , of the Red Cross, will be added the medical corps -of the respect' armies. On the ouher hand, th men, or suoh of 'thein a>s survi' will return with an experienv which may perhaps more than com- pensate for the interruption in the orderly prosecution of research ; but even research is not altogether paralyzed by war, "In addition to the surgeons .at- tached to the ,armies in the field there are medical men detailed at headquarters or at the base of sup- plies who carry on important inves- tigations in connection vital the hospital work of the .medical corps. During the Rosso -Japanese w'a.r, while the Russian army was engag- ed in Manchuria theree were being carried on in the army headquar- ters at Moscow important bacterio- logical' investigations as to the na- ture of so -culled Manchurian ty- phus, and the story need not be°re- told of the wonderful achiaarements of the Japanese ie camp sani- tation." ARlltY CORPS IS ('L'T OFF, Forty Thousand Troop May Fall Into Our Hands. A despatch from Condon says: A Paris despatch to the Daily Chroni- cle says: "In the haste of the Ger- mans' latest retrograde movement many regiments of Germans have been cut off and remain in the wood- ed country within. the-riangIe.of Senlis, Genesee and Uatnmartin..It is believed that they amount in all to about one Barmy corps. They have been out off from the main body by the allies' lines between Compeigne and Meux, and their situation is precarious. "The remarkable resistance of the fortress of Maubeuge to the invad- ing Germans is one of the most in- teresting featurea of the campaign. Because of its ettubborn stand it has • undoubtedly :seriously embar- rassed mb.arrassed the Germane in bringing up field guns against Paris and main- taining their communications. Near Nancy the Raiser's forces have succeeded. in '-making a slight adv.anee, but elsewhere along th centre the allies thieve made crie pensating gains. Field Marshal John Frenoh, ,eo netiande'r of t British forces, reported that ti Germans had been driven back al, along the line ; GGlvat the British had crossed the River M•a.rne ; that the Germans taxi suffered severely, and that their men were supposed to be in a very exhattetet4 c, ndition. Wherever the Germans- have yielded ground the British and French have been eager to, pursttte them, and have followed up relentlessly ,'very. advantage. The British cavalry has been especially •at<tiire in driving back the retreating enemy. Jews Loyal to England. We Jews., whhether 1+•ng,ltiand is to us the beloved; country of . nr birth or the equally beloved country c.4 our adoption. wistde go, forward our one inspiring motive .-star- affection for England, our one stern rets}lve thateornee wha>,t.,tawa.y her .cause shell • prevail. If we cannot, de snore we -cannot do less, for, we repeat. Eng- land ha•s been all ehse eiruk1 lw to Jews; Jew,s will be 0.11 the, can to England.>-elte Ctdeoe J s'iuish C'hrrind- ole. etei,ruin tip. ,their husbands, we don't blare; stn women Ler be- •