Vernon County censor. [volume] (Viroqua, Wis.) 1865-1955, 1917-06-06
Stop WaStage OF Food. but Do
Not CurtaiI Necessities, Says
J. Ogden Armour.
URGES BUSINESS AS USUAL :"
Continuous of Great Prosperity That
Has Ruled Country for Two Years
is Assured--BiIlions Loaned
Allies to Be Spent Here.

Chicago.-The United States is In
position where optimism is justified,
according to J. Ogden Armour in an
interview discussing the economic
condition and future of the nation.
THE prompt adoption by the Ameri-
can people of the 'buSiness-as- usual
idea' is going to enable this nation TO
prosecute war without experiencing a
temporary depression such as England
and France have recently recovered
from, said Mr.. Armour Modern war
requires the expenditure of huge sums
of money aud means maximum employ
ment and high wages for ali workers.
Other conditions, peculiar to this war,
make il certain that this nation VIII
enjoy period of business and indus
trial activity the like of which has
never been seen and which is assured
whether the war lasts several months
or several years"
No Reason for Alarm.
but suppose people become over
cautious as the result Of the preaching
asked.
There is some reason to believe
he answered, that economy rules will
be misapplied for while, but condl-
tions are such that the public viii
soon see, IL they have not already, that
there is no occasion whatever for them
TO become alarmed.
Continuation of the great prosper
ity that has ruled In this country for
two years is assured. There is an
abnormal demand for everything the
workers of this nation can grow or
manufacture. There is work at high
wages for every man and woman who
wants work; the earning power of the
people is restricted only by physical
limitations; the buying power OF the
public is greater than ever before,
There are certain guarantees of con
tinued prosperity aud Of au ever wild
ening scope to or business and indus
trail life"
Releases Billions Here.
How about the billions of dollars
we are lending TO our alliesT' he was
asked "Wouldn't il be better 10 keep
that money Mt homer"
AS matter of fact, 1t Is mis-
homer to call IL loan to our allies"
Mr.. Armour said: I'VE are primarily
extending them credit Instead of
sending blu of dollars out OF the
country. Hr transaction means that
4 n 80
for circulation in this country. Prac-
ttcally all of the billions we lend our
allies will be spent In this country for
the products of our soil and our fac
tories and for payment of our workers
I'VE are the storehouse and the fac
tory of the world now, and the more
money the world can get hold Of the
more will be sent here. aud the more
that comes here. the more work and the
more business viii result And in this
connection. remember the government
Of the United States is now a buyer for
war purposes and the dollars of Uncle
Sam already have begun 10 pour forth
TO stores. factories. and farms 90 pay
for the expense of modifying drilling
equipping and feeding the army and
navy.
Under the civilian boards gathered
together by the president 30 direct the
great work Of preparation, this nation
Is going ahead, fortified against delay
and mistakes through the intelligent
application Of the lessons learned IN
England AMI In France This applies
to industry as well as war
Time Most Auspicious.
Il consider the present. the most aus
picious from the standpoint of national
prosperity 10 my memory There IS
not one good reason why the business
Of this country should not proceed In
its normal course and Oh ever iucrcas-
Ing lines. There IS not one reason why
people should fear for the future or
should permit themselves 10 be- swayei