Forest City press. (Forest City, Potter County, D.T. [S.D.]) 1883-19??, 1914-06-17

ture. Investigations by bureaus, com.
missions CT congress form a more inn
portant feature in gauging the market
outlook than do the plans for develop
ment or expansion formulated by the
executive committees Of corporations.
Plans for development or expansion Of
railroads OF business enterprises have
indeed been heard of but little. The
factors that we nave mostly in mind
are now new laws are going TO work:
what new laws are next to be passed;
what Is n prospect, not OF crops, but
of congressional action.
IF such psychological factors could
be eliminated for a moment and the old
view taken. we would see looming large
the prospect OF a great agricultural
yield, giving promise in some directions
of bumper crops now almost assured.
Benefits He Desires.
I'VE would see easy money here and
abroad. and, although we might argue
that money was easy because Of a lack
Of profitable employment. still its pres
n ease would promise that there
would be no interference with In
creased business activity on the score
Of interest rates.
I'VE would note hat we were en-
barked on the trial Of a new banking
system. about whtch-whatever points
Of disagreement there might be-there
vas the unanimous opinion that its
working would ultimately tend toward
imitation. and. therefore. that 1t will
for some time to come be q factor
likely to insure continued easy
money.
I'VE would find sound credit condi-
tons, both In the position Of the banks
and In the mercantile community.
1.-The industrial machine of the ma
ton. In short. might be likened to a
great steam engine, running with q
load much lighter han Its capacity.
and ready, upon the turn OF a valve
that would let in more steam. to re-
spond efficiently to vastly greater re-
Q%uirements.
IA survey OF concrete business con-
ditions with such facts and totals as
business statistics how today would.
however. nave been sufficient ground
10 years ago to have predicted that we
had straight ahead of US the possibility
of a period OF great expansion.
what" he asked, rs in the way OF
making a similar prediction now? We
are told 1t Is a psychological barrier,
1t is a state Of mind-but truly 1t ID
not SO rnuch the state Of mind Of the
public at large-the state of mind
which through our political machinery
finally finds more or less accurate ex-
preston in regulations. decisions and
laws.
Kind Of Legislation Needed.
81 do not want to be understood as
believing hat this state of the public
mind, this quality OF public opinion, is
altogether wrong. The basis that is
back of the demand for legislative re-
striction and control of business, / be-
lieve to be lin large made up OF
sound economic facts. The develop
ment OF industrialism within our life
As~-- l--- l--- -,,-l
character as naturally and rightly to
create q demand for a body of control
ling laws. such as We're never dreamed
of by our fathers.
Legislation in accordance with
sound economic principles, formulated
with justice and sincere human SYM
pathy, is what we should all be striv-
ing for.
Il believe if business men will get
themselves into a state of mind where
they view conditions broadly, with a
historical and social sense rather than
only from their individual point OF
view, they will a%pprehend better the d.
rection In which the whole current Of
political thought is flowing, and will
feel less Impotence with this legisla-
tive movement, and vastly less pessim-
ism concerning it's results.
ut seems to me time that we should
recognize and catch step with this Wild
81 ~ dllo NLlGIl SIlOcdNOI W ulICCt
the movements which it has set in mo-
ton. rather than to obstruct it's express
sion, which find a form in new or
proposed legislation.
I'VE have heard much Of the desir-
ability of not mixing politics and bust
ness. Why should we not mix politics
II business? What greater duty have
you to perform thar to give the best
| you ave of wisdom and judgment to
the direction of political currents; and
to give your wisdom and judgment ef-
fectively, not merely to stand aside in
the role of dissatisfied critics, but
rather by getting truly and effectively
into the organization and machinery Of
| political life?
Success and Business.
To-day business is practically UNI
represented in congress-. Wealth, even
success. is felt SO to initiate against a
exclude him from preferment. While
l would rye business men more and
more to recognize the rights of others.
I would urge them quite as strongly
justly to appreciate he'll own rights
and to see that others recognize them.
of being business men; we have
greater reason to be proud of it. We
have that right, and it will be far bet
ter for this country as a whole if We
exercise it by demanding intelligent
and be representation of business in
~terests in congress-. / believe thai
business men should insist upon that
should organize to accomplish it.
Il would sc organize the business
men of the whole country that blath-
erskites in congress may be held UP in
their true light to h public. I would
openly go into the district of a dema-
gogue and either defeat him OF prove
that the public Of that district wanted
to be represented by a known dema-
gogue.