Show economic mic highlights not since 1917 lias has a major nation declared war wai yet vet in the intel miling hig years there them have been a number of far fai reaching leaching ury conflicts what might bo be torm teim ld ed wars modern technique does not require a i formal fougal declaration af win war angles are aie mobilized buddleia buld idlers leia and ana citizens are aio slaught ored cities are aio devastated and governments goun ments change oven even while officially speaking actual war does not exist lit in isalya campaign for ui example war was not decla declared red but thu the result or 0 thu the invasion was to eliminate tho the ethiopian monarchy and make tho the country luto into tin an colony governed by tho the ration military russia and france fiance have hae not declared war on tile the spanish insurgents nor have germany and italy broken off relations with tho the spanish govern mint cut yet it is na nu secret that fi juncos cause has been kept alive with the aid oi of german and italian troops aud and equipment while the government forces fones would have collapsed tolla phed long sinco since had bad it not been aci a for foi the russian airplanes and armaments aima ments and french military exports today in the far cast tho the world la Is again witnessing a war without a declaration of war that ia s of the utmost significance not only to the nations involved but to the western world as well japan has gone to the limit in recent years to build up her army und clavy roi for a small country sho she lias has an all au amazing lazing military ma ina chille far superior to that of the ChIl chilleme lese though china herself liny has allado progress iu in unifying and strengthening the country chinas cainas gi greatest latest weakness has always been ill tho corruption of her local gov ointments oin ments as oswald garrison villard has written tho the purchasing of chinese state and gon gen orals la Is japans long suit it has advanced lier and her policy of conein conquest st far und and more rapidly than buve her bor rifles nud and cannon the central government has usually proven notable to control the superabundant local war lords ench each with his own interest tit at heart and each suspicious of tile othera the situation as it exists in china lg Is as it if each amer lean itan state goyer governor nor has haa a great private army which ho he could use for any purpose lio lie wishes even to tho the extreme of fighting armies of the neighboring governors As a consequence plus japans for far more efficient and modern machines el chines tines it la Is believed certain that the japanese JaPal lesO will encounter relatively little trouble lit in conquering the north proy provinces inces sho she will take over cities nud and accomplish destruction on oil a vast scale and probably replace present local governmental govern sOvern menta ments with puppet Chil chinese lese governments controlled by the japanese as she did lit iu manchuria but la in the long run ran japans Japa iid chances of success are dubious china is a tremendous country with tho the largest population iu in the world not since the dawn of history has it been permanently manent ly conquered over a period of many years the invaders lutei intermarry marry with the chinese and arii are virtually swallowed by tho the liti menso country china has more than half a billion people as against japans furthermore it seems inconceivably ceiva bly that japan will be permitted by other powers to advance unhindered into cheula russia Is strongly stio ugly anti japanese and will if matters go far enough throw her resources to the side of china and if it came down to a russo japanese fati anese war most military exports think the bear would win Ehi gland will attempt to limit japans conquest in the interest of her own trade and so in all probability will the united states and france F bauce aana lastly it Is a cial resources are sufficient to stand a long struggle today more than 00 50 per cent of her governments ments budget is earmarked for tit ahr army and navy and slit she has it a soaring national debt so hero here is another grave threat to world peace the flie gravest perhaps that has yet yeb appeared whether war is actually declared Is only of theoretical Am importance to an all intents antenta and purposes a major war lg la now under way in the par far last bast and interests directly affection affect affecting in every nation in the world tire arc I 1 involved A business week survey shows that business activity averaged 10 por per cent higher lit in the first six alx months of 1037 1937 than lit in tho the maine same period last year steel meet production rose 35 per cent automobile production 32 12 per cent residental construction ia 54 per cent lumber production 8 per cent electric power output 13 per cent factory fix etory payrolls 20 29 per cent and employment 13 per cent parin farm prices rose IS 18 per cent construction costs zoomed 13 per cent anti and department store prices tipped 7 per ced stocks averaged IS 18 per cent higher lilibel and bonds 2 per cent higher tho the statesmen complain of hot weather in washington yet we tord lire not informed of anyone who has declined to run for congress on oil that account the report that new york city racketeers are selling jobs for 10 each probably will not he be minimized by the german nazi press which is determined to prove that new yorkers are barbar barbarians larts 13 altimore evening sun |