Ogden Daily Standard | 1918-12-04 | Page 4 | The Views of a Banker

THE VIEWS OF A . BANKER. Reviewing the outlook, Henry Clews sees a spirit ot unrest everywhere and a great upheaval, which even reaches this country in spite of Its isolation. "One of the most disquieting symptoms symp-toms is the socialistic drift, which manifests itself unpleasantly by tho agitation to take over public utilities by the government," says Banker Clews. "The railroads have .now been under government control for nearly twelve months. The telegraph and telephone tele-phone lines were taken over last July and now the cables and wireless have come under the government aegis. This week another rumored departure was made, as reported, that the government gov-ernment would take over the eighty-five eighty-five vessels of the International Mercantile Mer-cantile Marino company, at a cost of about $90,000,000. This will make the government owned tonnage of the United States approximately '1,500,000 tons; a very respectable start in establishing estab-lishing a merchant marine, though on lines undreamed of before the war, would be simply placing our government govern-ment into business experiments, for which it is entirely unfitted, and which if not checked will completely throttle throt-tle that spirit of individual enterprise, which proved the basis of our national nation-al growth. As soon as the American people fully realize the consequences of this socialistic tendency they Mill administer the necessary rebuke."