The Wheeling intelligencer. [volume] (Wheeling, W. Va.) 1903-1961, 1917-01-08
.,|||DGE GARY TAKES A CHEERFUL
VIEW Of STEEL OUTLOOK FOR 1917

multiply examples in order to illustrate
thc point. When 1t Is remembered the
foreign countries have been purchasing
to the extent Of billions. It IL realized
that its influence on our business mas
been tremendous.
1T Is deemed appropriate to REFER
to some Of the things particularly APP
nlicable to our own welfare which bear
upon the future economic position.
In the first place, our large capital
resources should be kept intact, 50 far
as consistent with the principles or sate
government wise and econoHlc aoIlia-
istration. proper development and prog
ress. absolute protection to the rights
Of all, and the transaction or business
hubble and private. We should not be-
come over-e1Iegded financially. Our
cash resources GU ght not to be so TIED
un az TO become unavailable for our
own demands. They should DO Kept IN
LIQUID form to large extent, so as 10
permit realization. Of actual none? or
credit upon them if and when neces-
sary. We should be prepared for eraer-
gencies. for adverse Developments even
though unexpected.
However. We should not permit our
riches to interfere with our progress
There Is danger that great wealth Will
produce the opposite OF necessity-ex-
trava8ance. Incidence, waste. indlner
ence, retrogression. stupidity, failure.
danger.
o. S. should 10 Equal.
Again, our country should be placed
and kept on i parity with all other
countries. | refer to the tariff ques-
tton. I have said before and now re-
peat. this question should not be con-
sidered or treated as a political or par
than one. The greatest good to tn.
greatest number should in this, as In all
public questions, be the sole inquiry
and determination. Facts should be as.
certained and honest. sensible. practice!
results secured. ProhibltVe tarln
rates, so-called. or schedules that are
SO high as to permit a producer to OPP
press tho consumer, should not be per-
rnitted; but tariff rates on luNurtes we
do not produce in this country should
be reasonably high so as to produce
revenues for the government: and tar
IN rates on the things coming from for
elRn countries similar to those we pro-
duce, whether in the forest or In the
fields, in the mines or in the manufac-
tories, should be sufficiently high 10
protect our producers including tho
wage earners against cheap foreign
labor and it's results, and so as to put
our country end its people on fair and
oven basis with all other countries and
peoples. Possibly this could be secured
to q certain extent by anti-dumping
provisions or by reciprocity conditions.
~
to our people to place them in posi-
ton Of disadvantage. Nearly all foreign
countries have tarin provisions In their
laws which prevent our producers from
selling there. and We should have like
security.
"One Of the most important subjects
for consideration at the present time.
as 1t seems to me. Is the danger or dis
criminatory legislation in this country
Any legislation that is calculated to
create dissensions. or to affect favor
ably one class. as it is called In our
general terms. to the prejudice OF an
other, is harmful and vicious; and car
ried to It's natural results may endan-
ger even the national structure itself.
Harmony between all classes Of peo-
pie concerning the problems in which
all have direct and personal interest,
is essential to the best results for all.
Antagonisns in thought and intention