hn Bull: "Don't be afraid, Mister Moneymaker. There's no safer way
to travel to Europe than on my peaceful vessel!"]

[English Cartoon]

[Illustration: In the Eastern Arena

_--From Punch, London._

It was the policy of the _retiarius_ to retreat in order to gather his
net together for a fresh cast.]

[French Cartoon]

[Illustration: Circumstances Alter Cases

_--From La Revue Hebdomadaire, Paris._

When Wilson's daughter is aboard one of these days it won't be a
laughing matter.]

[German Cartoon]

[Illustration: A Risky Road

_--From Jugend, Munich._

Destruction awaits them even though the wheels are made of dollars.]

[American Cartoon]

[Illustration: Sherman Was Right!

_--From The Sun, New York._

"Close up these factories! Be neutral!"]

[Italian Cartoon]

[Illustration: On the Bosporus

_--From Numero, Turin._

The last serenade.]

The Belligerents' Munitions

Growing Problems of Germany and Her Opponents in Supplying Arms

The threatened strike in the Krupp works at Essen, Germany,
simultaneously with the strike of the Welsh coal miners and
the walkout in the Remington Arms Factory in the United
States, would tend to show that labor in the belligerent and
neutral countries is seeking advantages under the strain of
the enormous output of munitions to feed the war. Only in
France, whose people are making supreme sacrifices, and in
Russia, whose factories are not yet organized for the
nation, does industrial peace prevail. In England the
Munitions bill, with its proposals for compulsory
arbitration and for limiting profits unweakened, was passed
on July 1st. The bill retained, also, the power for the
Government to proclaim the extension of its strike-stopping
authority to other trades than the munitions trades.

An account of the conditions relating to labor in the
various countries, beginning with the speech, in part, of
Lloyd George, introducing the Munitions bill in the House of
Commons on June 20, appears below.

A Volunteer Army of Workers

By Lloyd George, British Minister of Munitions

_Addressing the House of Commons on June 20, 1915, Mr. Lloyd George
said, in part:_

What I want to impress not merely upon the House but on the country is
that the duration of the war, the toll of life and limb levied by the
war, the amount of exhaustion caused by the war, the