The daily telegram. [volume] (Clarksburg, W. Va.) 1901-1926, 1915-02-22
r its commercial efficiency mo,

for its commercial efficiency upon
the close correlation and interdepen~
dence OF these many products. The i'm
dustry Is self7contained. Ii makes It's
own crudes and converts its own
wastes into raw material for now pros
cesses to be applied to them by itself.
The adjustment Of the ceonomis ball
ance is SO close that a slight change
In thekvalue Of some one product may
disarrange the whole process and af-
feet disastrously many products. OBJ
yionsly therefore, at this stage Of its
development the industry must be-
considered as whole IL any effective
competitive Development in this coun-
try Is to be attained. The situation
Is not unlike that now existing in
our packing industry, where by rough
er methods indeed, but on a far great
er scale the entire raw material is
utilized in a. complex series Of relat-
ed products which are individually
profitable only because OF this rela-
ton to the others.
In 1913, the average dividend paid
by German dyestuff factories was
Fila per cent. The actual earnings
We're much greater and have s,lficed
in the past to provide sinking funds
to cover the entire costs Of develop
nlent and plant. Mr.. little explained. 4
Few industries In the United States
can make SO good q showing I'll
seems reasonable therefore to INQUIRE
why we should endure indefinitely the
present hardships ana why we should
not have a coal-tar color industry OF
our own which should supply our
wants without let or hindrance from
Germany. There Is but one answer
to these questions and but one con-
sideration to restrain. US. We can
have such an industry whenever we
are prepared to pay the price, but is
IT worth the price?
we should first OF all review our
own almost boundless natural re-
sources and especially should we con-
slider our gigantic and shameful
wastes. They offer opportunity for
the ultimate development OF q score
iof industries each OF magnitude
comparable to the color industry or
Germany and for the almost iinme-
diate upbnilding Of hundreds Of small
Ter enterprises relatively no less prof
table. We waste for instance $780,
100000, tons Of wood q year, a billion
feet Of natural gas day, millions OF
flax straw every harvest. untouched
peat deposits fringe our entire At
lantic seaboard, beehive coke owens
flame for miles in Pennsylvania.
wasting precious ammonia and excite
no, comment, while the burning or q
81. 900 house would draw a mob. The
whole south is a reservoir OF indus
triah wealth untapped in any proper
sense. We have. heard these things
SO, often that VEGA ngo tn sleep while
hearing them. We need really to sense
them, to get before our consciousness
q clear conception of what they ac-
tually mean In terms OF wasted
|. wealth and present opportunity. When;
we do this, and there is no better time
than now, let us apply the lesson OF.
far greater problems and solve them
by the compelling agency OF ustained,
intensive research.
1.-The plain underlying reason why
we, have been unable during thirty
years OF tariff protection to develop
in this country an independent and
self-contained coal-tar color industry,
while during the same period the Ger
mains have magnific Gently succeeded is
to be found In the failure OF our mans
iifacturers and capitalists to. realize.
the creative power and earning On
pacity OF industrial research. This
| power and this capacity have been