The Arvada enterprise., 1917-02-22
MUST RE0RGAN|zE.
Europe Faces Huge Shake-Up in
Finance and Politics When
War Ends.
TROUBLE AHEAD FOR AMERICA
This Country Will Have to Pay Debts
and Conduct Business More Eff
ciently-Purpose Of Pay-up
Week Explained.

All of the nations in Europe are
bound to reorganiZe their whole busi-
ness world. their social world and
probably their political world. The
immense debts that have been piled up
will compel each of the nations to do
business in the most efficient of all
possible ways. going. perhaps, to an
extreme of state control of all com
merce and industry. And this organi-
cation of business Intercourse will con-
tinuc for many years. The weight of
business competition. manufacturing,
transportation. selling and buying will
be directed chiefly against America
because of our immense national
wealth and largely because of our
provcrbial wastcfulneSS and slipshod
business organization.
From manufacturer to wholesaler
Der to retailer. and between retailer
and customer there is bound to come
n closer and more compact relation.
Open book accounts will give place to
trade acccptnnccS, credits which can
be discounted for their full value, and
keep active in open channels the
money heretofore tied up in open book
accounts. This chang" is already be
Ing earnestly advocated by national
business associations rs one of the
first and most necessary steps in the
mobilization of American business.
This change will fall hardest. per-
haps, upon retail merchants. These
persons are the only ones in the whole
chain of business relations who trans
ncighbors and friends, and who are
approached in business from the per
sonal side. Credits will have to be
extended to consumers for longer or
shorter periods of time, but new clc-
mcnt must be recognized rs having
come in and new relations between
merchants and bankers and consumers
will have to be worked out.
Viewed from the social side retail
trade has II new and vital Importance.
II place In the scheme of community or
ganlzation which cannot safely b" saCri-
| feed. Much blatant nonsense has been
published about abstract mddl"m"n.
| Concrete business men and business
women in most communities pay more
taxes in proportion to ability and
wealth, pay more generously to pro
mote nll public improvements, and
give more tim" and energy to w"lfnr"
| projects for the benefit Of III" whole
community than do any other class of
! citizens.
Need Better Service.
Much better facilities have need tO
| be provided Mt trade ccutcrs for the
sale Of farm and local products. nud
much better service to tn" whole trade
territory must be worked ont TO sup.
| ply to all consumers all their needs
! nt prices MS low ms Cun bc h.d else,
where. This Is all n mntt"r of local
| correlation between prudu""r.cOnsum'
crs and consumers and III" distributors
| of goods and S"ryicr. II viii not
| be worked out In n day nor II month
nor single ycur. but pr"ssur" from
/ uhrond VIII compel quit" radical
changes In domestic relations and hub
| It's.
Clearing up MI outstanding and uu
secured accounts IL "u" "f N" very
/ first indispensable" stops 10 putting
/ American business on n sccur" md
Stnhl" foundation. \ pny-Up w""l
cmhodlcs I'm" Idea. putting general
sentiment behind good work and pop
ulnrizlng clearer notion n husIurss
duties resting upon all cIllzrus,
RI" Americans must hrnr the brun'
~ world competition for half cen
tury or NOR" nrtur ia" most revolutions
Hry wur IN history From ~" hum
hlcst consumer 10 N" chief cnuilnl
lists n III" uu,lon compact business or
gnnlzn'lun ought to b" maintained with
. ,.t.. Tf..I.t..t.....