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Show Iff P BUSINESS AND WAR. In looking forward to our entrance into the war, many people have been fearing that it would cause a great business busi-ness shock, and lead to suffering and unemployment. , Such, however, is not the usual story of wars. Even with all the suffering in Europe, there are no unemployed There is something for every willing hand to do. The shock and suffering come years after when people carry the heavy burdens imposed by war, and scrimp and save to pay national debts and heavy taxes. 0 War in this country has usually been preceded by stock market flurries. In advance the speculators arc apt to sell short, trusting that people's fears will lead them to throw securities overboard at bargain prices. But the speculative crowd does not allow prices to slump very far. They realize that war creates work and business, and tends to make industrial enterprises profitable for the time being. The final results are tremendously expensive, ex-pensive, but the people of ten years hence will feel it far more than today. So let no timid business man get scared and think our great country is going to rack and ruin. War will make a demand for a thousand kinds of supplies, and the factories fac-tories will have to get them out in a hurry. The need for food will be increased, and the farms will have to hustle to fill the hungry mouths. , War is a time of artificial stimulus to business, and the first dose is as exhilarating to trade as some powers ful drug. The costs of it will be paid later, but paid gradually, grad-ually, and there will be no panic and no industrial disaster. Though our military and naval situations may be whollv inadequate for this crisis, yet financially we are well prepared. |