Omaha daily bee., 1906-05-26

the present time these facts are gathered
by only few OF the governments of the
speculation as to the conditions in those
producing countries where so much in
formation Is gathered or disseminated.
The absence of this information is de-
trimental to the interests of the capital
and labor of the farm and the capital
anu laoor Oh ING laCsoIS ;, Oi , tne 10 ~
raw materials of the factory, and any un-
necessary fuctuation in the price disar-
urer, as all his expense items, excepting
labor, are fixed rigtdly. 1t is the labor
that furnishes the last recourse for even
ing up the probable losses occasioned by
unnecessary fluctuations, This viii be
apparent when It is understood tina! the
manufacturer sells his manufactured
goods from six to ten months before he
buys his raw material, and storing II In
advance is no protection against unex-
pected and unnecessary fluctuations.
No More Such Uncertainty.
! The International Institute OF AgTicul-
ture. substantially composed of all the
nations of the world, win do away with
seminating information which will not
/ alone be correct, but which will he
! The palace for the institute is now under
way of construction at Rome and is to
| be finished in the spring of 1901 The
| delegates to the institute will be OF the
I highest standing for the purposes in view
| and appointed by the several govern
ments The delegates in session VIII
| then employ telegraphers, ealculators and
necessary others most skilled I'm their
lines. from among the various countries
in the world. The delegates Will also
arrange for efficient and effective systems
of gathering and disseminating informa-
tion in the various countries and this in,
formation gathered will be summarized
and placed in comprehensive form and
constantly disseminated TO the world.
The Institute is to be supported by the
governments according to their standing.
the nations TO be divided as follOwsi Fifth
fourth third, second and first-class powers
The ratio OF expense to be borne by each
viii be; Fifth-class. one unit; fourth-class
two units third-cass, four units; second
class, eight units. and frst-class' sixteen
: come the king OF Italy has contributed
, 10000 year from his own private purse
Similar 10 Gold Standard.
The institute, it is calculated, viii do fol
the. staples Of agriculture, the things o.
exchange what the gold standard hal
done for the money value, the medium o.
exchange II will steady the staples o.
! agriculture and largely replace the specu
lative field. rendering the prices Of staples
!, more stable than they can be under pres
: ent conditions. The case, substantially, y
e this: So long as rumors largely make al
: the worlds summary so long are the sta
n long as this is the case, just so long mus
: there be a presidency in the adverse con
Q ditions OF the capital and labor OF the farm
( and the capital and labor Of the factory
e Again Were It even possible for any on
| nation to introduce eficient methods II
g foreign countries and produce aecurat
/ OF no value, for the selling nation OF tn
n staples Is necessarily bull and the buy
g ing nation n bear. Were the selling ma
v ton to produce the correct figures the
d | would be disputed by the buying nation
1 | and so on. II would only be acceptabl
| were each OF the nations Of the world [
esther the information and summarize
and that each OF the various statement
were TO tally. This Is manifestly an at
and necessa rily so, that all OF the nation
should combine for the purpose Of gather
Ing. summarizing and disseminating n
worlds information and this IL the pun
pose OF the International Institute Of Ayr
culture.
Y Objection f. Overcome.
An objection had been raised against n
! institute that its component parts wOul
be antagOnistic hut this point, IL has bee
discerned, In place OF being an objection
Is one Of the strongest points In favor
the institute. II would be similar TO II
scrutiny OF the ballots by the represents
tiyes Of the various parties In an election
when the contesting parties arrive at a
Authoritative conclusion.
The direct and indirect results Of n
institute will be materially TO infiuenS
- the eQuitabl exchange between the var
y Gus products Of labor and this eQuitab
exchange 10 absolutely essential TO n
progress OF peace and civilization. Tn
- Is the view arrived at by the various go
~ ernments who have signed the protocC
- joining In this international effort.
u Mr. Lubin will leave in a few days Z,
Washington 20 urge congress 10 approx
. the executive act In making the Unit.
"A states one Of the members Of the ins,