The sun., 1916-10-03

no
to see the business properly adminis-
tered and show a proit. We elect Q
President Of the corporation and We give
to him greater power than 10 usually
given to the head Of . great concern. We
allow him to appoint his own board OF
directors. the msmbefs Of his Cabinet
Judging from what we have seen during
the past three years II might be better II
these Cabinet officers also we're elected
by the people.
Assuming that this executive head Of
our corporation 10 U employee-be-
cause We elect him to the once n pay
his salary-ws expect that he will pro-
duce results commensurate with the
power that Is given to him and the in
terests with which he Is entrusted. II he
measures up to the Job We say well
done. good and faithful servant" and
sometimes reelsct him.. II he doesn't
MI the bill We proceed TO ind = man
who car. We give him plenty Of time
to make good. four long years, but
at the end Of that time VI insist on
having . strict account Of his steward
ship. II 10 . plain business proposition
and should be so considered.
Now, the time for tho statement 10 at
hand. and the thing for us to ind out
and act upon Ia the condition in which
our corporation stands under the pres
ent administration Of It's affairs.
Have It's assets been increased and
its liabilities diminishedf II 80. We
should continue in once the man who
has made our stock more valuable but
IL an examination OF the books shows
that there has been dishonesty and bad
management and hat We are in bad
odor with our competitors n our Gus.
TONERS Il Is necessary to avoid bank
ruptcy by recognising our force and
putting a new man In the Presidents
chair.
facts and see what We should do at the
next stockholders' meeting. the date for
which is November 7.
The first duty Of an executive oficer
is to select as his stan thoroughly capa-
bic and highly specialized men whose
training and reputation are a guarantee
that their work shall be creditably per-
formed. Instead OF such men we got
Bryan. Who proceeded TO debauch the
diplomatic service and to whisper be-
hind his hand that our notes to foreign
countries were only intended for effect
Daniels. VINO is the laughing stock Of the
naval world. and whose sincerity Ia
seriously questioned Redfield, who told
the manufacturer Of this country that II
they reduced their working force or
closed their shops on account OF the
tarin they would he disciplined. and
so on through nearly the whole list.
What do you think OF the selection. and
who is responsible-so,eiy responsible
for this s~tupendous practical joke;
One OF the absolute essentials Of good
business Is economy. and we were prom
.sed that this should be strictly applied
by the present administration How
has this promise been kept We are just
through with n session OF Congress by
far the most prodigal and wasteful ~
the history OF our country. that has sad
died a burden OF $1,000. 900. 900 on us.
The figures reek Of pork. and. making
allowance for the unusual appropriations
for preparedness. the expenditures pro-
vided FOR 81 the shape Of rivers and har-
hors. Government shipping and nitrate
lfhHAAFH '''sf 'hhAh 'fA' NV
highly questionable projects. aggregating
about two hundred and Atty millions
no. % mention the creation Of about
$4,000 new political offices carrying with
them an expense OF forty millions more.
snow n record OF extravaganza that
makes rs stand aghast
We We're assured that the cost of iiv-
.ug would bc decreased. II has gone IN
by leaps and bounds. We were given "A
hastily conceived and thoroughly un-
scientific tariff that was to lower prices
TOR the necessarles OF life. SIXTY millions
OF dollars were to have been cut from
the Government revenues by taking Of!
the tar.fr on sugar. hut 1t didn't make
sugar any cheaper. ana IN desperation
tho Administrator reversed Itself and
put the duty back. The reduction Of the
duty on wool didn't make clothes any
, cheaper. Even the poor mans loaf has
advanced In price. Wh&l the lack OF
revenue under this Administration lef,
p the United States Treasury practically
: bankrupt they proceeded to fiji it's Golfer
by putting ON a war tax in times OF
= peace and making onc-half Of one pc,
cent. OF the people-and most o! those
2 In New York and PcunsyIvania-pay the
r bulk OF the tax.
$ You will find II you will look into II
t that the increase in expenses is In Tho
South and that the Increase In taxation
IS In the North! Now. this tariff. tn,
. Democrats say. - "for revenue only
hut inasmuch as Il II INADEQUATE 70,
: the only thing that Is claimed for II
namely the production OF revenue. wha'
!, 10 4, Cpn' Ger npNhOw1