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i t: I 4 ''5 f- t. i'. I i 1 W 01 II -if 4 fi I r| m,*f !l W /'?'. k mrr, the wheels /j* OUR PUBLIC FORUM la Peter Radford On Too Many Lawyers. When the sheriff cries out "Oh! yes, Oh! yea, th® court iu now in session," the farmer should tighten the belt around his belly for it is he who pays the cost. When the lawyer says "May it please the court," the farmer has to shorten the shirts of his children for they must foot the biJl and when the legislature announces "lie it enacted," unborn babes may well kick against their prison walls for they may live to pay the penalty. We have too many laws, too many lawyers and too much government. No man dares to run a business without lawyers to the right of him and lawyers to the left of him. Expensive litigation and excessive legislation are clogging of progress. To meet this situation the railroads are ofttimes compelled to tnke off a train and put on a lawyer the manufacturer is oft times compelled to close down a furnace and put on a lawyer the farmer Is ofttimes compelled to sell a steer to pay the lawyers, for the man who digs in the grc'ind usually pays the freight and every article which he buys carries on the price tag court costs and lawyers' fees. There are in the United States 115,000 lawyers and about twenty thousand ?eourts of various jurisdiction which cost the people of this nation approxi mately J1.500,000,000 per annum. It costs more to run the legal affairs in this 'nation than it does to clothe all the people. It costs more to settle legal dis putes than it does to run our educational and religious institutions and care lior the health o? a!! the pc-opie combined. Less than three per cent of our ipopulation are able to employ lawyers to interpret the mass of legal lore i that burdens our statute books. The remaining ninety-seven per cent hare to take the raw stuff right out of the mill. e are a government by lawyers and for lawyers. It is they who are responsible for the legislative cure-alls, espionage, unrest and business dis turbance that infest our statute books, for at the source of most every law fis a lawyer. They have in no case lowered the price of the commodity or •'benefited the people but they have burdened industry and restrained cotn 'merce and have built up their profession until it dominates government, tyr» iannf7.es business and terrorizes progress. There is no more valuable citizen in our land than a patriotic, able, conscientious lawyer, seeking to direct the ship of state through the tor tuous channels of 20th century civilization piloting a business through the legislative billows that dash with maddened fury across its pathway and whose genius can calm the fear and command the confidence of the people in the integrity of Republican institutions, but there is no greater peril to society than a political lawyer who seeks to prostitute government, stain business with suspicion and arouse distrust in the minds of the people. Unfortunately the latter class are a strong factor in the profession, ofttimes in high places, and unless the better class unite in driving the quacks from their midst an outraged public opinion will administer a rebuke that will humble the pride, crush the hope and smash the power of the profession and reduce its possibilities to ashee. OUR PUBLIC FORUM Otto Kahn '!v ©n Financial Farm Loans Every citizen who desires to become capable hi business should study banking, ana every farmer who wants to see the business of agriculture properly financed should study diligently the financial systems of other indua tries. All other lines of industry have developed financial facilities adapted to their needs. We have all sorts financial syndicates authorized by law or custom to deal in a certain line of securities, but in none of these finan cial channels will farm securities travel without a bonus In the way of an excessive rate of interest or heavy dis» counts. The most powerful financial institutions in Americft. are private banks and they are the most important ts the financial life of industry. In no line of business doe* holiest/, efficiency and stability make more imperative demands than upon private tinkers, whose greatest asset is the confidence of the buying pubH®. In his business judgment and integrity. Mr. Otto Kahn of Kuhn, Loeb & Cor* pany, when a*:ked to state the relation of the private banker to the business Of the nation, said in part: "One of the most important functions of the private banker is to be tha Instrument for providing the money needed for the efficient conduct and development of railroads and other industries. He does this by buying securities in bulk from those needing capital, for which purpose he usually associates himself with a large number of other financial houses, great and small, thus forming what is called a syndicate. Having in this way concluded the buying transaction he offers to the public the securities purchased by means of advertising, cijctiiaiizing and through the facilities of the retail houses included in the syndicate, many of whom employ traveling sjaiesineii. Of course the banker and the syndicate count on a reasonable profit for their services on the other haiid they run t.'ao risk of the securities, which thef have definitely bought and paid for at a fixed price, remaining on their hands wholly, or in part, if the public, for one reason or another, should be unwiK ling to buy them. The selling of securities is a highly specialized trade,' requiring much experience, organization, machinery and scrutiny This if one of the reasons why corporations do better in offering securities to the public through bankers than if they offered them direct. The willingness of the public to buy depends upon their confidence in the integrity and tli« judgment of the banker wlio makes the offer, and a banker who attempts t« mislead the public, or who is deficient in care or judgment, would very soon find himself without customers and, therefore, out of business. In many European countries, the functions of the private b: nker include the placing' of bonds secured by farm mortgages. Bonds of this nature are issued ill large quantities by mortgage banks who buy mortgages on farms and othep real estate and deposit them as tfwurily for their own bonds, which In thelptj turn are sold to bankers It is to be hoped that similar institutions wi|]„: In eorrse of time, be created in America, thus placing the farming industry on a par with other important industries in facilities to obtain capital." OUR PUBLIC FORUM F. C. Howe On Th® Advantages of Free Ports C. Howe, Federal Commissioner of ImmigraC Hon, who Is one of t-je best American authorities marine commerce, in discussing the relation of free porta to the development of sea trade said in part: "Ships will go hundreds of miles out of their way t«£ avoid ports surrounded by a tariff wall. The only way, therefore, tor a country with a tariff to compete in thet shipping world with a free-trade country is to establish^ free ports at strategical points along its coast line. Ger many has done so, and in a comparatively short period^ has built up a earning trade which before the war was seriously threatening England's supremacy. Hamburg, titrea German free ports, now ranks as the second greatest seaport total foreign commerce in 1913 being only 16,000,000 under* rwk. i port would offer great opportunity for financial operations, now by the recent currency act. It would stimulate International would tend to shift the financial center of the world to this by the logic of events, has become the natural center -JU fost ff London became that center sevefal centuries ITOB fifties of the Netherlands. But the financial to t|As'iRMntry when it becomes a clearing hOHM of credit the world over is created br Cfjrrsatljr "E BO that our financial expansion ls dspsnd can ports to the cleaiance of the Wealth o£ to yield a return on tbs ^jaf .{ha eottntry." in recapitulating th* adrsaK of the free port in OUT America, Asia and Africa, and tnen eon- Is the direct gala to America It will cheapen ties of goodf. tp pur doors for imports '$ the *ra«m, etmportr rfwiod without payitfiit of 1or tnternatlorntl credit^? ultimately a predominant share lit Of V5* i iwyifa, vK _1iV i "_ 1 /?*'& ,J .. 1 f- 4f s» 4 *-4 •. v v Tt O MKCHFTNICAL eiMGINEERINQ 1. HBLUBIUTY OF TEST. &\ 13. Date of test (0'' 4. Weight of car with driveif V s. Wind resisting area 1 "9*' Vr SPEED jm —IVw fold. Tkwl Mil* pr How ri* 10.2 Hi 4 1 30.1 40. Cr Wonder Cart. .... '*,J"' 1 fir rfyT? Call, Mpjte tte U your! u- DEPARTMENT SHcrricto SocNTiric SCHOOL. VALC UNIVERSITY fhs BieTsr ltotor Car Company, 1079 Chapel Street Haven, Conn I should like to aM the following coznmentat one of forty automobiles tested in our laboratory to date. .4 M' "./ n iahf aiiiiA'ir'ifcMi Resnlt cf the great Yale University Sheffield Scientific School Test, -'f Of ihe forty automobiles tested at the Sheffield Scientific School laboratory the Maxwell stands firs*: in cconomy of Gasoline consumption. v A preliminary iest was raado on April 19th, using a new car Khloh was rather •tiff. The showing was so ^sod that w« daoidisd to nalre a seoond test. This waa OH April 30th, using same car® Chi this tea'c, the c,-ir shewed lesa etlffnesa and the performance was better than on the first oar. The ueoond test was supervised by BOst careful experts, and the reaulta, I balieve to be perfectly reliable. t* MILEAGE. The efficiency of the Maxwell automobile as indicated I7 the mmbar of mllMf on a level road, is exceptionally This mileage record 3« MOTOR PERFORMANCE. The efficiency of the motor and carburetor as indicated by the pounds of 01•» oline used per hour per horse-power at rear tires, i-e exceedingly good* and indioatefli« ••ry perfect carburetor action over the whole range of speed and load* This record like that on mileage per gallou, is the best one that we have had. Fower and Fuel tost mad*m Kiffti gear of Maxwell «f»ck To«¥ftt«r Cat' «dI tompankw lively level roads by Professors E. H. Lockwood and T. Q. Boyer, Sheffield Scientific Jichool, Yale University. f" I *l. 4 1. Name of car 24 2. Owner of car c_ 6. Rolling resistance, declutched, high 3i lbs. «. 1. Rear ratio, direct, measured ,, ,-s 8. Tires, size, front and rear 1 Tires, make, U. S. Non-skid 10. Wheel base w y i n e s %2. Carburetpr $3. Ignition I®5:" Starter IV#, 15. Gasoline spec. grav. DRAWBAR PULL Pounds i ,V 42. €0. v" X' -b it At 3 1 90. 132. I v T. r. 11 1 111 1 1 1 .- 1 1 1 Oantlemem 1 an enclosing report of teat of your Mfinrell sutomoblla recently made in V, Our laboratory. truly youra. 5'-" C7\&Xl rt "WW***- •r- ""v MAXWELL, 1915 Model "25' Bicver Motor Car Co^ New April 30th, 1915 2,000 lbs. 20 sq. ft. »iLJt 1 Battery and *s~l *1h 'Tts-HufF 'j.72 1 HORSEPOWER «At Rear **v HTV- CONNECTICUT' ttay Xat 1915*. JPSISTAlfP PROFESSOR MECHAHICA EKOIKEEBJliB* A ,J' 4j The table furnished by the Yale Sheffield Scientific School 4. r' -\/j'•&"-{'* W' S -,r IBS. jt ., r" 3.35 to 1 'i *. i i 30x3.5 Cr Inflated to 70 Hp. 0 103 inches Four, 3 5*8 4 $*., 4 Sixnms Magneto ,- /. [•IUMNIHIN'THII Jira* 1.2 3.2 7.2 4 lil.iLliMiri.iHi.lHiiii 11 'ft. •g"#" **. Come in and see and ride in one of these Record breaking H&weD 'K v V ^"v_ ¥v*i y- ^k*m and we will put one ol our demonstrating 4 OUJ^ la tetter that of mj 1111 i 1 S6V v t-k A.' 'igif V- y* tp"1* A i •mm v i f) «-5 rtp: rjfl Vs-*4 3t 5: i *1 ^j 4 "f-Ji ,4 j. A 4 kx •s f* ,} v "fit" ri I 1 •V" V*V 1 ,'A, 4 -a k_ j" V fe' V r&* T' i 3 i. i ft*** iti i(\, 1-* •q «-x'- 4' E t^ 4 "ey 1 '''*2 i 'r & FUEL Miles per Gallon 33.8 33.2 i :^23.2^/ 19^ 5» If vtj/'.i §j 4f% -it -.-•t'A/j •.*£**? v s 1 'lc' .k -i. I I .i_ am re I/"- J' -r5"''