Pine Bluff daily graphic., 1919-02-20
ARMOUR WARNS THAT [ REIMBURSEMENT MUST
 BE MADE GRADUALLY
One Road Leads to BOlshevism and Other Leads to Freedom.


 Omaha, Neb., Feb. 19.-J. Ogden Armour made the first public speech of his life here today at the Trans Mississippi Readjustment Congress, taking as his subject, Getting Back on the Highway of Progress" He said in part:
 ''From where we stand now there are two roads. One of them leads to Bolshevism and is unthinkable in the United States. The other road leads to individual and corporate freedom which is limited only by the rights of others.
 ,"The agitator cries out against a return to the old order of things. There can be no such thing. It is going, to be new order of things. ,'
 "There are number of schemes. having to do with government and the relations between capital and labor that are just as visionary as the scheme for the boatsthat would propel itself. trust that the good sense of the American citizen will obviate the possibility of unwise legislation from well meaning men who have no real hIOWlCuSC OI PAOOAOIllo AANOASSN"
 Old Order Was Good.
 "Let us not forget, that, what. the mal-contents call the old order of things has made the United States the the richest of nations. The long, straight highway of human progress is still inviting us onward and with the help of such leaders of thought as are here congregated, we will get back on that highway with the least delay.
 "The road is we'll marked one. The first guide post says, Faith in busi- ness,' the second one, Employment for all,' and the third one, Gradual Re- adjustment
 "The presence here of great quanti- ties of gold and the prospect that our exports of the future will add to the supply causes a complication which needs only be realized to be remedied.
 "There is no real cause for concern that labor costs nearly twice what 1t did before the war; The true, basis for the workers wage is the cost of a decent living, and, whether that cost be one dollar day of ten dollars a day, makes no material difference. Are Not Isolated.
 Because there is no wall around us and because we come in more or less contact with the rest of the world, our commodity values in the long run must approximate the world standards. And so I expect that gradually money will become more valuable and that dol lar will purchase more than it does now. nui6s
 "It is narrow vision that compells business man to hold back on con- l templated improvements or expansion or investment. A hold back policy would bring on the very thing we seek to prevent-an industrial depression. Capital must not lie low till prices \ gain through keeping the value of the come down and labor has nothing tc gain through keeping the value of the dollar at it's present low level. Too Much Agitation. 1 "We have had too much talk abou, masses and classes and too. little recognition of the truth that Tn the main all men areo very much alike The man with the hoe is little differ ent from the man of wealth.
 "The time has come when capita must give more thought to the work ers' problems and the worker must be ness and industry. linofrmed as to the problems of busi
 Employment for all is essential II the months to come. In my opinion the Congress of the United States should take steps to provide th' means for giivng our returning sold iers the opportunity to engage II productive work. think the matter il of sufficient importance to justify al extra session of the Congress if neet be.
 l "I advocate the opening up O Government land and it's apportion ment among soldiers who wish to en ter into productive work. With thous ands of our returned soldiers produc ing new wealth from the soil the cos of basic products would come dowl and the whole cost of living would b lowered materially.
 Suggests New Roads.
 "A national program of road mak ing will furnish employment for thous ands upon thousands of men. The har messing of unused water power wou1 give employment to many more.
 "A display of patriotism, forbear ance and common sense on the par of capital and labor will enable thi country to go through the readjust ment period and go through it wit such success that we will get on tn highway of human progress withou delay or accident"