The Filer record. (Filer, Idaho) 1919-1930, 1919-08-14

W. anu indA5tfJ are 10 De restored
All that We shall do In the mean
Time 20 restrain prOhteerin1 and d.
the life Of our people upon a toIerabl
FOOTING Will be makeshift and provl
! fioraL There can be no settled condl
ton here or elsewhere until the treat
or peace Is out OF the way and tn
Work of iiquidating the war has be
come the chief concern Of our govern
ment and OF the other governments O
the world. Untii then business vii
inevitably remain speculative and swal
now this way and again that, will
heaFy losses or heavy gains. as IL ma,
chance. and the consumer must TAX.
care OF both the gains and the losses
There can be no peace prices so long a,
our whole financial and economic sys.
TEN Is on war basis.
Europe Must Know Situation.
Europe will not cannot recoup her
capital or put her restless. distracted
peoples 10 work until she knows exact
~ where she stands IN respect 10
peace. and what we will do is for her
the chlef question upon which her quiz
etude OF mind and confidence OF pur-
pose depends. While there is any pos
AFFINITY that the peace terms may be
I changed or may be held long In abey-
ance. or may not be enforced because
OF divisions OF opinion among the pow
L v.
IDLE TO look for permanent relief
Points Out Present Duty
But what we can do we should do.
and should do at once. And there is
great deal that we can do. provision
al though 10 be. Wheat shipments and
credits TO facilitate the purchase OF our
wheat can and will be limited and con
trolled In such a way as not to raise
but rather 20 lower the price OF -four
hfsFa -.
within certain limits. 20 regulate that
We cannot deny wheat 10 foreign peo-
pies who are In dire need OF IT, and we
do not wish to do so: but. fortunately.
though the wheat crop Is not what
we hoped II would be- II Is abundant
II handled with provident care. The
price OF wheat Is lower In the United
states than In Europe. and with proper
management can be kept so.
Immediate Relief Measures.
BY way OF immediate relief, surplus
stocks OF both food and clothing In the |
hands OF the government win be sold aud |
OF course sold at prices at which there |
Is no profit And by way OF a more per-
manent correction OF prices surplus |
stocks In private hands will DO drawn out
or storage and put upon the market For
tunately under the terms OF the food con-
troll act the boarding OF foodstuffs can
be checked and prevented. and they VIII
be. with the greatest energy Foodstuns
can be drawn out OF storage and sold by
legal action which the department OF
Justice VIII Institute wherever necessary;
but as soon as the situation Is systemati-
'ally dealt with II Is not likely that the
'ourts will often have to be rssorted TO-
Much or the accommodating OF stocks has
no doubt been due to the sort OF specu-
alton which always results from uncer-
ainty. Great SURPRISES were accumu-
ated because II was impossible TO foresee
What the market would disclose and deals
RS were determined to be ready for
whatever might happen. IA well as eager
o reap the full advantage OF rising
rices They will now see the disadvan-
sge. as well as the danger. OF holding I
n from the new process OF distribution. q
Significant Facts Quoted. !
Some very interesting and Significant (
'cts with regard 10 stocks on hand and v
ne rise Of prices In the face OF Rbund- o
nee have been disclosed by the Inquiries {
the department OF agriculture. the de- <
'rtment Of labor and the federal trade L
'mmission. .
They seem to justify the statement that
the case OF many necessary commOdi-
- effective means have been found TO
event the normal operation OF the law II
supply and demand <
Il would serve as useful example 70 =
. other communities OF this country. as a
~ as greatly relieve local distress IL the II
nsress were TO regulate all such mat y
= very fully Tor the District OF Colum- a
a. whore its legislative authority is 81
thout limit. y,
You'd Have Prices Plainly Marked. or
would also recommend that q be %
lulrcd that all goods destined for in 81
state commerce should In every case an
iere their form or package makes IL az
ssiblc be plaioly marked with the IN
&c az which they left the hands OF De
producer. Such requirement en-
uld bear a close analogy TO certain I
visions OF the pure food act. by which hs
Is required that certain detailed in De
nation be given on the labels OF
kages OF foods and drugs a'
md IL does not seem to me that We rec
10 conhnc ourselves TO detailed ~
assures % this kind n u is Indeed -,
purpose 20 assume national control -.
the processes OF distribution -
. IL FOR granted that that is our ~,
pose and cur duty Nothing less 49,
sufics. We need not hesitate to ~
die national question In ma. n
al way. We should 80 beyond the ma
Isurcs have suggested We should m
nulate a law requiring federal ma
nse OF an corporations engaged IN ais
rstate commerce aud cmbody1nx In Sta
license. or in the conditions under ~.
On Il II 20 be issued. specific rsxn. one
,rs designed TO secure competitive Of /
NJ and prevent unconscionabie Gle,
IT. in the method 81 marketing tie
Law Would % Much. PRO
ch a law would anord a welcome op. uer
unity 60 euect other much needed ". stat
Is In the business OF interstate ship law
and IN the methods 81 corporations 81
n are engaged In a. but Tor the mo nee,
/ ccpfine my Recommendations 20 the II
"a Immediately in hand. which Is t. the
r the cost OF living hold
y I not add tina, there Is a eili now - Il
inx before the congress which. a vent
~. would DO much 20 stop speculation thhs
to prevent the fraudulent methods o. inca
lotion BY which our people are an the
IS neeced OF many millions OF hard act
"a money. I refer to the measure Is al
osed by the capital isSucs committee ~ n
he control OF security iss1es. Il Is | shcu
ure formulated by men who know slve
'ctuai conditions OF business. ard us IL
ton would serve great and eene- lcesl
purpose. now
are dealing gentlemen OF the con scrib