The Bismarck tribune. [volume] (Bismarck, N.D.) 1916-current, 1918-04-29
P0ST-.BELLUM
PR0BLEMSF0R
US TO SOLVE
Great New York Financier Dis.
cusses Situation After
Close of War

pamphlet issued today on the neces'
sity for preparing to meet after.tho-
war conditions, said:
At PRESENT. know Of no one govern.
mentally body here charged specific
ally with the task of studying and ad-
vising on Industrial and economic
post.Dellum problems. England,
france, Germany and italy have sucn
bodies at work. There IS every eX-
peclatlon that we shall emerge from
the war in position OF commanding
economic potency and prestlge. buL
III Oruer 10 retain that pOSltlOn and
luily to utilize it. tor our, countryh
welfare, we must be ready 10 ACT
along Well.planned lines and with
sulLaDIe Instruments al our hands. IL
IS none too soon TO prepare.
We must all save, nc nand poor. But
a general exhortauOn TO save IS not
enough. The people ought to be IN
structed in exact deLal how and
where and in what way to save. IL
necessary, such direcLlons ought to
Oe- given the force OF law. Some saw
ings are more needed and more ettec-
tive than others. Some are wiser
than others. Certain excuses OF say
ing are actually unWlse, some posi-
lively harmful. "'
Moreover, the national benefit de-
rived from saving is not and cannot
be accomplished entirely by the IN
dlvidual. II he saves ten dollars, the
immediate result is that he can loan
that amount to the government. But
an equally important result is that to
the extent OF ten dollars he has set
labor free from private purposes to
war purposes.
How to direct and utilize the labor
thus set free by private thrift, is the
task-and a highly important task
of the government.
1t is also worthy of nOte-and may
Great Britain, as we'll as in several
others OF the belligerent countries, it
has been found we'll to include In
the Cabinet few men as ministers
without portfolio' and to assign to
them specific tasks which the regular
members OF the cabinet Immersed in
the, necessary and absorbing routine
of their offices, cannot posseibly find
time, energy and strength TO deal with
adequately. t-.. -.
1t is too little realized that, though
not in form, yet certainly in factA the
leaders nOf business are elected by
the business community at large and
hold their position subject to recall
Sc n
the label counts for less and the man
Of worth is more certain to come TO
the top. With insignificant excep-
tons, the men at the head of big at
fairs are self-made men, having risen
from the ranks to their present sta
tons. = .,E@ = -.'a 4. 80 .-
No one can occupy prominent and
influential place in the republic OF
business unless he is trusted COM
pletely. by those who observe him
closest and know his best. G., his
fellow business men. Brains, knoWl-
edge character and service are the
qualifications required Let man
retrograde, deteriorate, 60 astray, and
the business community will soon find
it out and, however high the position
he may occupy, will exercise the re
CALI by Withdrawing its confluence
and. ceasing to follow him.
35tfs. : ~ q y = 80" o. E
81 This war is, to- a very large extent,
testsof organizing ability and indus
trial power On that field Of battle,
tho experience and training of BUSH
ness men, entitle their voices to be
heard. They must not be- raised, OF
course, in carping or partisan crltl-
cisnl. But we%may fulfill a useful
function by seeking to ascertain facts,
to point out errors and shortcomings,
to- suggest remedies, to offer construc-
tvs advice. E5g1" sl,fv''' : ~ - l,is~
Equal in importance to industrial CT
fort.is economic power and endurance.
There again, is a great task calling
for business to make it's thoughts
areiculates and, effective through an
Organized agency. Wherever and
whenever a great upheayal takes
place in the world it brings to the
surface economic error, social 'falla-
cies II uuack remedies and nOstrums,
the true character and effect of which
often are not recognized til they have
brought suffering and privations up
onsthe people and the old lessons have
been learned again in the school OF
bitter experience.
The wastage of war is enormous,
but most of the money the govern
ament spends is used at home. and the
temporary burden can be borne with
out causing too great strain pro.
vided we all bend our backs to it and
the load is not too unwisely adjusted
by%our legislators. In many ways we
are ablishing national assets Of
the greatest value, we are creating
for, ourselves ~world-aspects and
world position such as we never had
before. we have become a creditor
nation. we are tscrapping and sover-
hauling and inventing; and the nation
is learning the lesson of cooperation,
and the no less valuable and needed
lesson of economizing. e ~ aa~
Unless we.make grave mistakes OF
commission of commission, we have a
right (after the temporary disturb
ance probably incidental to readjust-
ment from a war to peace basis) to
look for period of great prosperity
and suspicious chievement after the
war, and believe we shall all be sur
orised to see with what ease the ma
lion will be able to carry the burdens
Which wewill have inherited from our
var expenditures-always provided
hat our house is ordered with rea-
sonable wisdom byithese in authority.