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Corpasenti Webulance Directory 03
Page 06
It is not being suggested that the making of arms should cease in the world, but only that in every country it should become a State monopoly and so completely under Government control. If the State can monopolize the manufacture and sale of spirits, as Russia has done, if it can, after the manner of Great Britain, control the making and sale of such a small, elusive substance as saccharin, it is ridiculous to suppose that it cannot keep itself fully informed of the existence of such elaborated machinery as is needed to make a modern rifle barrel. And it demands a very minimum of alertness, good faith, and good intentions for the various manufacturing countries to keep each other and the world generally informed upon the question of the respective military equipments. From this state of affairs to a definition of a permissible maximum of strength on land and sea for all the high contracting powers is an altogether practicable step. Disarmament is not a dream; it is a thing more practicable than a general hygienic convention and more easily enforced than custom and excise.
While we may admit advances and gains in certain isolated directions, the extra burden is felt in all directions of commerce and industry. And that extra burden is visible through finance--the increased cost of money, the scarcity of capital, the lower negotiability of securities, the greater uncertainty concerning the future. It is by means of the financial reaction that America, as a whole, has felt the adverse effects of this war. There is not a considerable village, much less a considerable city, not a merchant, not a captain of industry in the United States that has not so felt it. It is plainly evident that by the progressive dearness of money, the lower standard of living that will result in Europe, the effect on immigration, and other processes which I will touch upon at greater length later, any temporary stimulus which a trade here and there may receive will be more than offset by the difficulties due to financial as apart from industrial or commercial reactions.
From 1470 to 1484 we find him in Portugal, the country most interested and engaged then in ocean-going and discovery. Here he must have known Martin Behem, author of the famous globe, finished in 1492, whereon Asia is exhibited as reaching far into the same hemisphere with Europe. Prince Henry of Portugal earnestly patronized all schemes for exploration and discovery, and the daughter, Philippa, of one of his captains, Perestrello, Columbus married. With her he lived at Porto Santo in the Madeiras, where he became familiar with Correo, her sister's husband, also a distinguished navigator. The islanders fully believed in the existence of lands in the western Atlantic. West winds had brought to them strange woods curiously carved, huge cane-brakes like those of India described by Ptolemy, peculiarly fashioned canoes, and corpses with skin of a hue unknown to Europe or Africa.
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