Show The Spoke in the Wheel It I IF F THE World war brought about the depression depression depres depres- sion Zion what will the next war that seems tobe tobe to tobe be in the making bring The old economic cy cycle cyle cy- cy ole cle le seems to be picking up some speed as it turns Would another conflict be a spoke in the wheel to slow down the return to on oncoming oming prosperity It is in such questions that the real menace of war is to be found If a burned child fears the fire lire the world ought to be willing to put up with almost anything rather than get into another war On the contrary it is letting tile tHe lesson of ot the last one go unread and unheeded Figures compiled by the National Industrial Conference board show a slow but appreciable rise iise in most of the indices of world prosperity Business is better in England Canada Australia Australia Aus Aus- Germany Italy Belgium Spain Finland and several Latin American c c countries Recessions Recessions Recessions Reces Reces- are noted only in Holland the United S States Spates ates and Mexico Unemployment has been d declining clining in Denmark Norway Germany France Italy and Great Britain World prices for wheat sugar cotton rubber silk and tin are re maintaining a steady rise Th The physical volume volume vol vol- ume of world trade is higher than it was a year ago All of these things make up a definitely ly en encouraging encouraging encouraging en- en picture It begins to look Jook as if the world were beginning to drag itself out of ot the morass of trade stagnation Let these hese favorable trends continue for another year or or two and the world would woud be well on its way back to toward toward to- to oward o- o ward normal times But no man dares predict that they will continue and the reason for thatis that is that the shadow of war continues to spread across the horizon No one needs to be told that with the dislocating effect of ot a new war all the delicate machinery of reviving world trade will willbe willbe willbe be thrown out of gear anew The world is at at- atthe the mercy of its own folly After years of suffering from war-born war depression depression depres depres- sion Lion it discovers signs of revival revival and and immediately immediately immediately immedi immedi- prepares to rush into a new war |