Salt Lake Tribune | 1919-05-26 | Page 6 | A Business Man's View

j A BUSINESS MAN'S VIEW. j Speaking 'at the opening session of the fifteenth general meeting of the American Iron & Steel institute, of which he is president, Elbert H. Gary, president of the United States .Steel corporation, declared that there was reason to assume that the, peace terms will be agreed to and subscribed by at least a majority of governments and that a league of nations for the continued con-tinued preservation of peace will be established. This view appears to be taken by all the great captains of industry in-dustry and 1 11 o leading financiers of the United Stales, who know all about the cost of vorld wars, to fay nothing regarding the woe and misery entailed upon hundreds of millions of people. The steel producers always profit by war, but taxes are always enormously high, and the end of each and every struggle finds business paralyzed or extremely slow, and it is difficult even under the most favorable circumstances to regain a firm footing. It is truo that the United States is coming out of the present war much better off than any of the other leading lead-ing nations and that we now stand first in the line. It tvUI be easy enough for us to retain our prestige if lasting peace comes to the world. Hut in case of another mixup we might not faro so well, and even if we emerged victorious vic-torious we might be forced to keep up a big military establishment for all time to come or until the people of somo more enlightened age finally put a stop to war.