The Logan Republican. [volume] (Logan, Utah) 1902-1924, 1915-12-14

regard to the increased cost. Law
makers in seeking to cure unfair
practices which form but traction
10 n per cent of the total business |
have hampered all business in a most |
costly manner. The people of the
United States have paid an indirect
tax to this theory of enforced com |
petition that may be compared to the
cost TO some of the belligerent ma |
lions of the war ard that tax has
been made upon az If us"
Mr.. vanderlip is not alone in this
view. 1t is observed that Of late
| some of the honorable leaders in Am
| erican industries nave ventured 10
cav that If we are to be thoroughly
nranared to meet the intense and
world encircling trade competition
which is sure to follow the close OF
the war, we must abandon the erro-
neous view of those who try to en-
force competition by means of legis-
lation. The chief problem to be solv-
ed by those who are now earnestly
endeavoring to prepare the United
states to maintain it's share in the
opportunities for world trade Is how
we can secure the maximum of pro-
duction at the minimum of cost. And
these men all believe this cannot be
done IL the laws enforce competition.
In New England
If there had come from the feder'
al reserve district in which the "a
cific coast states are included q re-
mort which was not in line with the
reports received from all the other
districts except New England and
which was similar to the New Eng
land report, that fact would not have
occasioned much comment in the IL
nancial district For during the
summer and early fall reports were
received In this city which intimated
that the Pacific slope states ana
those of the Rocky mountain sectioh
had not begun to feel the impulses
occasioned by the European war
which had so greatly stimulated IN
dustry and commerce in the east
Recently. however, encouraging re-
ports have come from the Pacific
slope. The reports from the federal
reserve districts, with the exception
of the one from New England, nave
been read with much qualification IN
this city. They are spoken of as
confirming the opinion that prosper
ity has begun in all other parts OF
the country than New ENGLAND. Ihls
. e. notably true of the northwest and
strikingly true of the south. ne"
ENGLAND. however, does not appear
to respond as yet to these new I'M
; puIses. A New England banker was
asked this morning II there Is any
, reason why New England should be
tagging behind. In reply, he said thai
[ with the exception of the new Eng
land industries engaged in manuiac
n turing munitions of war there is
good deal of business stagnation IL
, that section. This is especially true
Of the lumber and of the paper III
~ dustries. The textile industry Is be
ginning to feel these impulses ant
there are some signs in northerl
4 New England as also the case VIII
the Pacific slope, of some respohs
Il nv the lumber industry to these neN
impulses.
=. James J. Hill who has been 10
two weeks in New York returned
st. Paul on Friday of last week
While here, he communicated
those whom he met some of the Ell
tbusiasm which ne feels respecth
general business condition and pa
ticularly prosperity in the hort
~ west In one of his conversation
II. Mr.. Hill alluded to the bouhtii
4 barvests Of Montana and to the T
lation those harvests will have m
,r. only to railway earnings, but to &c
al eral prosperity. He was understot
a IN saw that already Montana nj
of passed Iowa as an agricultural stat
of But probably the chief feature OF u
M farming industry or Montana Whl'
as gave him especial qualification is Il
me fact that the farmers there ha
he more quickly learned and more tho
as oughly the lesson which Mr.. Hill al
to those associated with him have be
ing for years trying to teach than ha
hat the farmers in other states. 1t h
en-, cost good deal of money to furni
,als these free schools, so to call tho
ere with competent teachers who @
Mr.. able to set forth to the farmers I
nav way in which grain should be see
will ed, planted, the soil nourished,
re. matte conditions observed, so Il
to the soil will be coaxed to yield mt
,me bushels OF grain per acre than unt