HIGH FREIGHTS AID GERMANY
Let us for a moment turn to the ship-owners of the United States and the other ocean carriers whose example they have followed, and ask them if they realize what obstacles, what almost insuperable obstacles, they have been putting in the way of the successful prosecution of this war by the ocean freight rates they have been exacting.
They are doing everything that high freight charges can do to make the war a failure, to make it impossible. I do not say that they realize this or intend it.
The thing has happened naturally enough, because the commercial processes which we are content to see operate in ordinary times have without sufficient thought been continued into a period where they have no proper place. I am not questioning motives. I am merely stating a fact, and stating it in order that attention may be fixed upon it.
The fact is that those who have fixed war freight rates have taken the most effective means in their power to defeat the armies engaged against Germany. When they realize this we may, I take it for granted, count upon them to reconsider the whole matter. It is high time. Their extra hazards are covered by war-risk insurance.