PACIFISM RECEIVING A VINDICATION

...The New York bank is another link in the chain of cooperative banks which stretches from Birmingham, Ala., Philadelphia, Harrisburg, Pittsburgh, Cleveland, Chicago, Hammond, Ind., to Tucson, Ariz., and San Bernardino, Cal...

...An applicant for a part once asked the late Sir Beerbohm Tree to engage him solely on a newspaper report...

...Had the churches opposed the draft, said the Bishop, the draft could not have been put over...

...Destroy All Armaments IN addition the resolutions deplore "unjust accumulation and inequitable distribution of huge surplus products", "distribution of rewards of conquest in the form of governmental monopolies and territorial control or personal and selfish advantage" and "investment of taxes in armament and pompous display...

...Workers' banks are the bulwarks against apitalistic oppression...

...The nations of the world are urged not merely to limit but destroy their armaments and the need of the hour declared "the actual appliance of the principles of Jesus in governmental, economic, educational and racial life...

...Certainly those of us who live should hare the courage to practice the ideals for which we enlisted them in battle...

...IF the Methodist Church will help in pushing the demand for amnesty it will hasten the actual appliance of at least one of the principles of Jesus, to say nothing of curtailing a great wrong and showing belated respect to the Constitution of the United States...

...The cutting ran as follows: "The prisoner, who denied the assault, con« ducted his own case, and defended himself in a somewhat dramatic manner...

...Compared with the stand of most churches during the war a change of this kind may well be called radical but one wonders what the conservative press would have said had the resolutions been adopted as originally drafted by Bishop Fisher of India...

...Millions of European, Asiatic and American youths gave their lives at the call of idealism...

...Cooperative Bank Invades Wall Street THE first labor bank to be established in New York City has been actually launched during the past week by organized labor with the sale of over $150,000 worth of stock...

...the substitution of service for reward...

...Only trade unions or their members can purchase stock, though outsiders may be permitted to do so by a vote of the Board of Directors...

...There are no doubt skeptics and scoffers who will refuse to believe until they have ocular proof that this belated confession and good resolutions have practical value...

...Four years after the Armistice we live in a world of bewildering chaos...

...We urge all Christians to make confession with us and enter into a period of world-wide and cooperative restoration...

...They furnish the defense against lockouts and wage reductions, and the ammunition in the offensive warfare of building cooperative factories, building associations, and marketing organizations...

...It was a terrible disappointment...

...Therein the war was not only declared a mistake but nonparticipation in future wars was urged regardless of motive...

...Should it be bold enough to go further and, at the risk of deadly enmity of every monopolistic interest, undertake to restore to American labor the right to use of stolen natural resources it will have displayed such courage and fidelity that no war will be needed to test...

...I enclose you a newspaper cutting about myself," he wrote, "to show that I have aptitude for the stage...

...In time of war, measles is more to be dreaded than muskets...

...They will remember what happened to those who remained true to pacifist principles or were only accused—often falsely—of such fidelity...

...Therefore, beginning with our own personal lives, we call for individual and national penitence for whatever share we may have taken in the defense and support of un-Christian programs of power...

...It is sad to contemplate the possibility of our dead having died in vain, but sadder still that we should now live in vain...

...Answers (London...

...Even while these Bishops were debating, four years after the armistice, there are men still in prison for doing no more than express the sentiments which have now become Methodist doctrine...

...If it should become an active force in removal of all law-created barriers against international trade it will have to its credit the removal of one of the most potent economic causes of war...

...Then he stated further, "The churches of America endorsed the draft, believing that it was a holy crusade to end all wars...

...a policy of freedom in speech, press, conference and contact, toleration and cooperation in religious, economic and social organization...

...Stockholders' dividends will be limited to 10% and the remainder of the profits will go to the depositors...

...When the New York City cooperative bank is established and running successfully, similar banks will be established in other large cities of the state, especially in Buffalo, Rochester, Syracuse, Utica, Albany and Binghamton...

...Here, and here only, lies release from the military heritage of the past and from the present By SAMUEL DANZIGER economic causes of war...

...The second corrective is the organization of political and social life everywhere upon the basis of the welfare of all, instead of privilege for the few...

...In the investment of funds of the depositors and stockholders, those loans are favored which will be of a productive and constructive nature, such as the building of factories and the building of homes for workers...

...This program means broadening of brotherhood...

...The first corrective of the world's woes is sincere repentance...

...The general manager of the Engineers Bank, Walter F. Mc-Caleb, has accepted the presidency of the new bank...

...the discovery of the spiritual value in labor...

...When action in accordance comes the record will be complete...

...The words of the conference are excellent and show great progress in thought...

...Patterned after the Brotherhood of Locomotive Engineers Cooperative National Bank in Cleveland, which is regarded as the model for workers' banks and has been the most successful, the New York City bank which will be known as the Federation Trust Company, will be capitalized at $2,000,000 of which $1,000,-000 will be capital and the rest surplus...

...The world waits for that heroic hour of personal, national, ecclesiastical abandon to Christ's program of confidence and good will...

...But it is not necessary to wait for war to put to a test the value of the action taken...

...lo is expected that the Federation Trust Company will serve as the New York agency for the other labor banks which are now in operation in various parts of the country...

...In the discussion before adoption of these resolutions it is worthy of notice that Bishop Earl Cranston of Cincinnati made a statement squarely placing upon the churches responsibility for the selective draft...

...Each new cooperative bank brings the day of liberation nearer to the workers oppressed by the exploitations of the profiteering system...

...They adopted resolutions admitting the possibility that the World War was a mistake...

...To the Baltimore papers this seemed a surprisingly radical pronouncement...

...However as adopted the pronouncement is a progressive one and may well be recommended to even less conservative bodies...

...They will remember the experience of the last decade which showed that when war comes principles and promises are sacrificed by the most pious to something that has been labelled "patriotism...

...The resolutions declare: "We look with profound concern upon the havoc wrought by our recent war...

...Shares are being sold at $200 each and may be paid for in monthly installments over a period of 10 months...

...The Bishops of the Methodist Episcopal Church in conference at Baltimore on November 18 placed themselves on record...