APPENDIX 153 



"intellectuals, " who are mostly declassed proletarians 

 educated above their brain power, and wandering 

 without place or work, in a world they do not under- 

 stand. Some of them are dreamers and martyrs 

 without hungry personal ambitions; and they, like the 

 peasant, are making the future of their amazing land. 



RUSSIA'S FUTURE NEEDS FOR CAPITAL 



(By Samuel McRoberts 

 Vice President, National City Bank, New York City) 



No individual or collection of individuals can 

 undergo a great test of strength and come out of it the 

 same as before the ordeal. If the draft upon the vi- 

 tality is too great, the result is a lower order of life, 

 or even death. On the other hand, if there is sufficient 

 strength to successfully meet the crisis, the contest 

 brings added physical ability and a quickened spirit. 

 The great war in Europe has set all minds to consider- 

 ing the effect upon civilization, and the utility, if 

 there is any, of war in the abstract. Whether it is an 

 unmitigated evil, to be borne as one of the defects in 

 human affairs, or an evil that must be endured that 

 good may result, is a question that will continue to be 

 debated. When we see the high civilization of Eng- 

 land being cut down from the top, or Germany's 

 peaceful conquest of the world abandoned for a mili- 

 tary conquest, war takes on the aspect of disease 

 and a menace to the constructive forces of civilization. 

 When we turn to the case of Russia, the matter is not 



