Albuquerque morning journal. [volume] (Albuquerque, N.M.) 1903-1926, 1915-12-08

manufacturers or the country. should
g be necessary. and those who could
assist to bring the technical skill OF
the country 20 the aid OF the govern
mem 10 the solution OF particular
problems o. defense. only hope that
10 should find il feasible TO con
stiiute such an advisory body The
congress would be willing 70 vote the
small sum OF money that would be
needed 10 detray the expenses that
would probably be necessary 10 give st
the clerical and administrative ma
chinerv with which 10 do serviceable
work
Mobilization Of Resources.
What is more important is, that the
industries and resources Of the coun-
try should be available and ready for
mobilization. 1t is the more impera.
lively necessary. therefore, that We
should promptly devise means for do
ing what We have not yet done that
we should give intelligent federal aid
and stimulation to industrial and voca.
tional education. as we have long done
in the large field OF our agricultural
industry; that, al the same time that
We safeguard and conserve the natural
resources OF the country we should put
them at the disposal Of those who will
use them promptly and intellgently
as was sought to be done in the ad'
mlrable bills submitted to the last con.
gress from its committees on the pub.
lie lands. bills which ] earnestly rec.
ommend in principle to your consid
Grafton: that we should put into early
operation some provision for rural
credits which will add to the extensive
borrowing facilities already afforded
the farmer by the reserve bank act
adequate instrumentalities by which
long credits may be obtained on land
mortgages; and that we should study
more carefully than they have hitherto
been studied the right adaptation OF
our economic arrangements to chang
ing conditions.
Many conditions about which we
have repeatedly legislated are being
altered from decade to decade. it is
evident, under our very eyes, and are
likely to change even more rapidly and
more radically in the days immediate
ly ahead OF us. when peace has re
turned to the world and the nations
OF Europe once more take up their
tasks OF commerce and industry with
the energy OF those who must bestir
themselves to build anew Just what
these changes will be no one can GER.
tainly foresee or confidently predict
There are no calculable because no
stable, elements in the problem, The
most we can do is to make certain
that we have the necessary instru.
mentalities OF information constantly
at our service so that we may be sure
that we know exactly what we are
dealing with when we come to act, II it
should be necessary to act at all We
must first certainly know what 1t is
that we are seeking to adapt ourselves
to. | may ask the privilege of address.
ing you more at length on this impor-
tant matter a little later in your SEES
sion.
In the meantime may | make this
suggestion? The transportation prob
lem is an exceedingly serious and
pressing one in this country There
has from time to time Of late been rea
son to fear that our railroads would
not much longer be able to cope with
It successfully, as at present equipped
and co.ordained. suggest that ii
would be wise to provide for a com
mission Of inquiry to ascertain by a
thorough canvass OF the whole ques-
ton whether our laws as at present
framed and administered are as serv.
ieeable as they might be in the solu-
ton OF the problem. II is obviously a
problem that lies at the very founda.
ton of our efficiency as people SAch
an inquiry ought to draw out every
circumstance and opinion worth con.
sldering and we need to know all sides
Of the matter II we mean to do any.
thing In the field of federal legislation.
Regulation Of Railroads.
No one, am sure, would wish to
take any backward step The reguls-
tlon OF the railways OF the country by
federal commission has had admirable
results and has fully justified the
hopes and expectations OF those by
whom the policy Of regulation was
originally proposed. The question is
not what should we undo? 1t is,
whether there is anything else we can
do that would supply US with effective
means, In the very process of regula.
ton, for lettering the conditions I'm.
der which the railroads are operated
and for making them more useful serv-
ants OF the country as whole. 1t
seems to me that It might be the part
OF wisdom, therefore, before further
legislation in this field is attempted. to
look at the whole problem OF co.ordlna-
ton and efficiency in the full light OF a
fresh assessment Of circumstance and
opinion, as a guide to dealing with the
several PARTS OF it.
For what we are seeking now, what
in my mind is the single thought OF
this message. is national efficiency and