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Show Eli, , THE POLITICAL ML' SITUATION It has becomo a mattor of history Iff- that the country Is not prosperous un- f der Democratic administrations. It ' lakes a great deal of business sagac- V )ty to conduct tho very complicated mechanism of modem finance Tho Democratic leaders arc not usually , men of oxpcrlonco In handling largo business probloms. They approach I tho subject from n theoretical view u t point. Their theories may sound $ well on paper. But somehow thoy don't work. ; , Ono of the groat causes of business , depression has been tho hard times In tho railroad business. Next to agriculture, ag-riculture, this Is the most Important singlo Industrj . If the railroads stop buying goods, an endless chain of disaster Is pieced in operation. Thou- sands of Industries that supply rail- load material havo to stop. ' " Tho attltudo of tho Interstate Com-. ,- jnerco Commission has led tho rail- ," roads to pare down their purchases of all kinds of material to tho lowest HI limit and to stop extensions. This B 4 hns checked tho development of tho Ha." country and has thrown hundreds of Hb, thousands of people out of employ- Ht, ment. K The present administration may not H& " blamed for the decisions of tho EMPf J' commission. Indeed President Wilson af'y is said to cympathlzo with the caso Hjl' of the railroads. But Congress has HSX' not shown the least disposition to K ,' 'iclp. If it looked at the thing In n HP oustness light, it would settle the mat- HJif tor of railway mall pay. It would jfe; And that tho roads are carrying an HBb enormous amount of unreel nnnt mat-1 HJC ter without being paid for It. A M&,' 5ust settlement of this wrong would k'j go far to Blve railway managers con- IBS, lldcnco and oncourago them to go Hrrfc nhead in a normal way to buy equip- ML..." ,nent and oxtend their lines. Hii It Is truo that there has been a HT" revival of business within the past HftS" blx monlIl. This is duo principally Hp3' to orders for munitions of war. Tho H7;, steel trade Is running about half its Hfet'1 capacity on war material for Europe. Hp- Of course with tho great steel Indus- Wm' tries active, tho country must have Mr" ,l fa,r measure of prosperity. But it jf' Is abnormal and unnatural and will BMi slump all at onco when pcaco Is Wm" signed. Kir' H |