Show EUROPEAN STRIFE j f MAY MEAN CHAOS Ruin to Industry and Credit a Certain Result of War WarS Wi S on Continent Continent t CAUSE PANIC IN AMERICA I Itt Fl Social Political and mul t Life Would lie ile Hinged This Tl Type c is Ls l. l Smaller than 2nd iid Part r Special Service I k i Paris Parts April Apri 1 Jules Jules I-Jules Jules Rocho the national economist s says 9 A EUropean European Euro EUro- T war such as the tho kaiser Is threatening threatening threat threat- ening every cr little while would bring tt about Lout conditions our oui Oll entire 2 social political and ant economical If life k would be bo liable lable to lo bo he wrecked Yes Yc 1 J il do not nut he hesitate lat to say sa Y that such a ay y calamity would destroy esuo the texture of ot I social ca I II life c as an 1 earthquake under j Notre ot Dame Dam would smash that edi ethi- S. S 1 I f flee fice 11 1 4 Tho lean explained the cost costI r of a future war to France I t Today France d devotes one fifth of or her entire I revenue luc to the army he said name t ly Jy two million milon francs All Al other othEr de departments de- de of the government go must get et 7 along on eight million francs dal dally daily But lut on the tho thoe e very day ay when war is 19 d de declared de- de dared the C cost t of ot the army Is IJ Increased I ed 10 times It I will wi be bo millions daily according to official t figures while at the tho same ame time all al economic J and JJ Industrial l undertakings are arc doomed doom doom- oom- oom ed td to come to a standstill tl During the he Franco Pru lal war the tw Bank of or France was ns able to furnish ther the tho t. t necessary ry sums sum for tim the war budget an and to keep Ip 1 time the government O nent afloat Jt the tho bank will wi bo he be unable to do so fO noy under un un- y der r chan changed c conditions in 11 another war and state tate bankruptcy stares tare us lW in the tho 1 i face acc The Tho war would absorb almost the entire male population between the ago age of oC 20 Q and 15 45 5 iwo or om three million people wl would lt cease cease to earn arn 2 their living their families would be beff doomed to want nut nun and th the tho males re remaining te re- ff at Want home hoine l hl be po elle powerless to CRr carry on the business of or the ab- ab I Industry U Would Uli Be He Stopped Slopped There would woul be no nn electric 1 r i L no gas no street railways no telephone tele tele- phone lhor po CO rO tel telegraph raph while the great reat railways would bo he busy In the army service Mining would woud ha have hato to be L n abandoned andone print shops hops would have to tot toe t e 1 etc c During the thelast last war 1 French 3 2 1 per cent bOld bonds ed ld 23 3 3 i- i 3 1 per pel cent while British rf h papers maintained their value But nut In Ina a a European war British papers a as well wel ns as fR French FrEnch Gorman German Italian Spanish h. h t Russian etc Itc must decline S Some tl Americans believe e bele that n a European war would mean a boom to to the United States State America would woul i certainly be be called calell upon to furnish h th time the combatants with wih all al sorts of goods IW are ae th these c goods to lo b be paid y 1 for anti and what about the American holder of oC European n bonds I v yen yen- iture i- i I ture turp to sa say 3 v that woul ex experience X a financial panic within two months month after the tho outbreak of o a 1 flu Ku- u- u war var Only consider er the In Increase increase In- In crease o of the nations nation's Indebtedness since the last great groat war In Franco France owed 1000 millions to today a she he owes OWES milons millions All Ul Over Em Paper laier Money Ione 1 ope th time the financial crisis As to Europe would set In a week weel aft af after r the thE declaration declara tion of war In 1870 one minister 1 of I. I nuance finance 0 Clif cried out nut The I Issuing o of d would complete our OUI paper r money ruin But nut In the event or fr a European war wo we would hi b. be comp compelled lcd to make a again time again th aln-th the same Fame n as after nr the tho nl first t revolution when It I took 4 iO 1 1 francs francq In IA paper mapeL to buy a pound of nr sugar anti and anI 60 paper vanes francs to buy buya I a loaf loat of or bread Anti And nc In Germany Italy Iah Austria and Franco France even en t ln In iii England nd things s would he as bad at n as nation would IJ be lie tho the ire hero Whatever victor in 11 the Iw war al like the conquered nation naHon it I would be bo ruined |