The Glasgow courier. [volume] (Glasgow, Mont.) 1913-current, 1917-06-01
GREATER PROSPERITY OF
UNCLE SAM IN WAR
O1%OHH O1KVI IN I'M
(Bv John N. Willvs)

(By JOnn N. WlllyS)
(Mr. WHY'S is president of The
Willys-Overland company Of Toledo,
Ohio, second largest automobile fac
tory in the world, which is expected
to produce nearly 100000 motor cars
this year. He is also ranked as one
Of the industrial giants of the decade,
whose business sagacity developed a
factory with assets of $4,000 to a
manufacturing plant with assets of
s68, O0O,0 MI. WHY'S IAN we'll be
styled an authority on business con-
ditions.-Editor's note.)
Automobile manufacturers through
out the country are being deluged by
letters, kilograms and verbally with
queries as to what effect Americas
declaration of a state of war existing
with Germany will have on business
generally, and particularly on the au-
tomobile industry.
It seems to me that the unprece-
denied era of prosperity of the past
two years must be continued.
In addition to the enormous bust
ness now being handled by this coun-
try, the United States government has
just passed a war budget of seven bill
lion dollars. Three billion dollars of
this fund will be advanced as a loan
to the Allies-who will spend it il
the United States.
The remaining four billion dollars
will be used to put our own army and
navy on a sound var footing.
Every cent of this money will be
spent in this country. Every product
that is raised or made in this coun-
try will be purchased in larger puan-
titles than YER. Every section of the
country will beneft-every class of
people.
Some of the money will go south
to buy cotton. A big share will go
to the western states and to the coast
for grain, meat and other foodstuffs.
Some of it will go to Pennsylvania
for steel and coal. New England will
get a share in exchange for shoes.
The factories of the central states
will get a share. There will be more
money in circulation than ever be-
fore.
In Canada in spite of the handicap
of the war Willys-Overland dealers
have since January 1st booked more
retail orders than the total Overland
sales in Canada for any previous II
months. The demand in the Domin-
ion for Willys-Overland cars is far in
excess of the supply.
Prior to the war in Canada money
was tight. The per capita wealth
across the border vas only $50. Al
the present time Canada is in better
: shape financially than ever before; it,
: per capita wealth is now said to b.
9S2.
: The United States today has NOR
II money than ever in it's history. A re
o cent statement published by U. S
/ Comptroller Williams showed tina
United States banks had assets Q
"a sixteen billion dollars, exceeding b
N two hundred and ten million dollar
= the previous high water mark of fv
" months ago, and an increase of fv
billion dollars in four years. TT
"a total national wealth, according
is authoritative estimates, is given o,
n as $3.50, OOO, 100000, with a nations
debt of only $4,000, 100000. The est
ad mated combined wealth of Great Br
tain, France, Russia, Italy and &c
ia many is $275, 900, 900 900, while the
in total national debt is $50, 00O,O OO, OO
There seems to be no cause for pc
IS simism. We can safely look forwa:
/" to a continuance of good busine
right here in our own country.