Life, 1914-10-01 · page 44 of 48
Life — October 1, 1914 — page 44: what you’re looking at
What you’re looking at
**"Financial Patriotism" Editorial Cartoon:** The top article satirizes New York bankers' self-congratulation during a financial crisis. The satire targets bank president Lewis L. Clarke's claim that bankers deserve "great credit" for accepting lower interest rates (6% instead of 4%) on municipal bonds. Life's point: the bankers actually benefited enormously—the city raised $20 million in debt while gaining nothing tangible except a larger tax burden on citizens. The "patriotism" is purely financial self-interest dressed in civic virtue. **"Recipe for a War" Feature:** This appears to be satirical commentary on European tensions (likely pre-WWI, given the 1914 publication date). It mocks how nations manufacture conflict through accumulated grievances, military buildup, nationalist pride, and propaganda—"chopped fine" and baked in prejudice. The recipe format makes absurd what was becoming tragically real in Europe. The page also contains period advertisements for Schlitz beer and Emery clothing—standard commercial content.
📄 Transcribed text from this page (OCR, searchable)
Machine-transcribed from the original scan — historical spelling and the odd misread are preserved.
LEE Financial Patriotism HHROUGH the generosity of the bankers another financial crisis has just been successfully weathered by the great city of New York. We are assured by Mr. Lewis L. Clarke, president of the American Exchange National Bank, that the bankers are entitled to great credit for their willingness to accept six instead of four per cent. on a hundred million dollars of municipal obligations, By this coup the city not only succeeds in raising its standing debt twenty million dollars, but also in raising its annual interest payment nearly three million dollars, and the great beauty about it is that the city will have nothing at all to show for the transaction except a very much larger tax list. 5 aed i Iphia 1790.—Mushroom _ pleated CAV ee: with laundered cuffs, lengthwise stripes, in effects Go colors affording a wide exer- cise ef individual taste. Price, $2.00—at témery dealers. Guaranteed fit, color and wear » See Style 1790 at your dealer’s. If he can't show it, write us and we will see that you Beer tn are supplied. Light BE Frere Cytaon, of Senter, wath “FAA fa Gentleman's Dress,” bent on regues Bottles l A natural question. Every purchaser should ask it. Wit Stop eee eee Every manufacturer who cannot answer fairly, Ofices can ee To Chicree, St. Lovie squarely and honestly deserves ostracism. Recipe for a War (As Used By Distinguished European Chefs.) 'AKE a wrong, and keep it till it is thoroughly rotten, smelling to heaven, Take also an army, fattened by high ure eer Ss oo taxes to the bursting point. Add a navy, similarly prepared. Make an under crust, heavy and ° ° sodden. Schlitz is made pure. The Brown | Make an upper crust, rich and swollen with pride. Bottle keeps it pure from the brew- Res "Mix your material ina bow! of na- ery to your glass. Light starts tional vanity. * . Season with misinformation, rumors, decay even in pure beer—the light lies, tariff wars, colonial dispates, petty b oe oe : r aggressions and sensational newspa- ottle is insufficient protection. pers, chopped fine. Bake in the oven of prejudice with Why should you risk impurity? the fire of passion, stirred by the poker of personal ambition. See that Crown is branded “Schlitz” d Serve hot. Amos R. Wells. Statement of the ownershin, management circulation, ete., of Ltrz, published weekly at New York required by the Act of Mitchell, 17 Order a Case | Street, New York. . Manas Today ing Editor, Thom Masson, Rusiness 7 Managers. Andrew Miller, James S. Metcalfe. 17 West, int ita rect, New Nort Pub . Mitchell, 17 West Thirty-first Street. New ‘ork; Andrew Miller, 17 West Thirtv-first Street, New York. |" Known bondholders mortgagees. and other security holders’ George C. Poster, care Guarantee Trust Com pany, Fifth Avenue Branch, Fifth Aven and Forty-third Street, New Y. e | States Trust Company of New Yor! 3 Street, New York. Tames S. sas | Sworn to and subscribed before me this rath day of September, 1014 (Seal) Wm. Krone, Xp