Forest City press. (Forest City, Potter County, D.T. [S.D.]) 1883-19??, 1915-05-19

, Belgium. In the days when Sully was
! regnant on the cotton exchange, where
one dollars worth OF cotton manufacturer
into goods went abroad, the United States
bought back its own cotton, manufactured
into cloth by foreign nations at a price
several thousands per cent higher thar
1t was originally sold. Lace is one OF the
high priced forms In which cotton came
back. SO il fine underwear. Now Uncle
sam is a lavish spender on those nigh
priced forms of his own native cotton. 1t
so happens that the war has laid waste
those very sections in France and Bel
GUM where whole populations We're given
over to lace making. The case is almost
as bad with Bulgarian and Roumanian
home? Importers We're at their wits end
when the war broke out. Experts We're
sent across the Atlantic to buy up the
smashed laced machinery OF France and
Belgium and to learn how TO operate it,
and these importing houses are now man
ufacturins their French and Belgium
faces in New York and New Jersey.
The same thing has happened in watch
crystals, in dyes and chemicals, in photo
graphic supplies, in pottery. in cork, in
toys, In perfumes; in medicines, in gloves.
Within two months of the great slump in
the price of cotton, nine new cotton mills
of very large capacity were opened In
various sections OF the south. Instead OF
buy a bale" the slogan became spin
IT, Hitherto, for every bale of cotton
manufactured England has exported sl47
worth. France s69. Germany $5s, and
Ci''i SoIII. WHY ldIStS lWO-lIllIuS vi Oil
the cotton in tho world. only 81. If the
war lasts. 1t is inevitable that these fig
ures shall be almost reversed. Uncle Sam
grows two-thirds of the cotton In the
world. He exports only $ per cent of all
the manufactures cotton used. Europe.
which raises almost no cotton. supplies
80 per cent of the manufactured cotton
used in the world.
In the past our main idea has been to
manufacture what we have needed: but il
there Is one thing more than another
thnrn1Uh1N nm a IA thot i'm ny.lar tn
Keep prosperity on an even keel. not sub
ject to the caprice OF jumps up and
humps back, of booms and dumps, in or
der to keep the factory running full time
and not eating its head off in slack years,
there must be an opening to the foreign
market.
Germany understood this keenly as far
back as 30 years ago. The very war
party now dominant, declared openly they
must have foreign colonies in China, In
Brazil, the South seas. anywhere. We
desire 1t at any price. u German land with
a German population of 10000, 600 to @,00O,-
600. Whether 1t becomes an independent
state or not is a matter of Indifference.
Without trade connections, our national
development is threatened with failure"
What does that mean? Put it like lace
in terms of the everyday.
Take farm machinery. AS long as a
state is u~nsupplied. the factory runs full
blast to supply the demand In it's home
state: but the supply is faster than the
supplied, the factory must run slack time
till the customers have worn out their
! machinery: or the factory must look over
the line for fresh territory In another
state. When all the states are supplied,
II must run slack time till the customers
have worn out their machinery or 1t must
look for fresh territory in a foreign coun-
try. If it doesn't find vent abroad at the
first breath of dull times. poor crops. tight
money. when people do not renew ma
chinery. the factory must run half time
or close. which works a hardship on the
maj in industrial life.
In the United States. this has been the
case with farm implements. sewing ma
chimes; electrical supplies, steel products.
es, Irvine. and 100 other manufacturers.
The manufacturers of these articles did
not ramp abroad to scream "my country,
It's Of thee on top of a flag pole. They
went abroad for a market because my
countryman twas Of them they would
have been without q job; and when fac
tives: as several do. out of work means
There Is not the slightest doubt that RICH
in the United States today. owing to the
failure to go out for foreign markets.
there is more poverty from lack of work,
England and possibly France.