Alabaster Blue Sectory 03

While we may admit advances and gains in certain isolated directions, the extra burden is felt in all directions of commerce and industry. And that extra burden is visible through finance--the increased cost of money, the scarcity of capital, the lower negotiability of securities, the greater uncertainty concerning the future. It is by means of the financial reaction that America, as a whole, has felt the adverse effects of this war. There is not a considerable village, much less a considerable city, not a merchant, not a captain of industry in the United States that has not so felt it. It is plainly evident that by the progressive dearness of money, the lower standard of living that will result in Europe, the effect on immigration, and other processes which I will touch upon at greater length later, any temporary stimulus which a trade here and there may receive will be more than offset by the difficulties due to financial as apart from industrial or commercial reactions.

Important, too, is the story of supposed Norse sea-rovers hither, derived from certain Icelandic manuscripts of the fourteenth century. It is a pleasing narrative, that of Lief Ericson's sail in 1000-1001 to Helluland, Markland, and at last to Vineland, and of the subsequent tours by Thorwald Ericson in 1002, Thorfinn Karlsefne, 1007-1009, and of Helge and Finnborge in 1011, to points still farther away. Such voyages probably occurred. As is well known, Helluland has been interpreted to be Newfoundland; Markland, Nova Scotia; and Vineland, the country bordering Mount Hope Bay in Bristol, R. I. These identifications are possibly correct, and even if they are mistaken, Vineland may still have been somewhere upon the coast of what is now the United States.

• Bold Composure SubSec 01
• Logical Sample SubSec 02
• Magic Locker SubSec 03
• Redline Portal SubSec 04
• Bredimacia SubSec 05
• Nicholeto SubSec 06

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