The Morning Tulsa daily world. [volume] (Tulsa, Okla.) 1919-1927, 1919-08-31

! II l n IL
We call II the high cost OF living
In reality I TX an overdose OF pros
perity witD complications
As an individual problem. we
know that increasing demands made
| on the privy purse can be success
fully met only by increasing the
Iprivy purse, THAT means increased
individual production. because our
whole industrial system Is based on
| production. There is an eager mar
ket for eyerything--a frenzied mar
ket we are told by the various com
mercial factors Therefore the man
producing Il thousand dollars worth
OF commodity solves hts own in
creased costs hy producing two
thousand dollars worth OF the com.
modify
Nations are only individuals null
tiplied, The individual CharaCteris-
tic Is apparent In the nation. The
solution OF u national problem Is ap
piled by the individual when We
needed vast sums OF money to con
duct the war II was the individual
that supplied st. Now that we are
bcset by shortage OF products In
every N and prices are soaring II
In tho individual that must solve the
problem by increasing production.
Ana that Is Just what we are not
doinE
The tendency s. In the opposite
direction towards "A decreased pro-
duruou q, unhelrd OF higher costs.
Increased Production Necessary.
The resources OF the United States
are being drawn on by the entire
world very heavily by that portion
OF the world hld waste by ssSIr
years OF war. That accounts Il drhc
fact that there are scores OF buyers
Tor every product offered TN the
market That fact explains why our
merchants find it difficult to pur-
chase their stocks. and Impossible
10 discover settled market any
whore for the existing potential
demand from abroad for American
shoes. clothes, mechanical devices
toodstufts and raw materials injcCts
"a speculative factor that prevents
anything ~ the nature ot Vstab-
lishrd values The clothing manu-
nCturer. with "A force running night
and day finds his output sought
months ahead Going into the raw
material market hc is unable 10
makr price contracts. The best he
can DO H 20 contract deliveries a.
the then prevailing market His
trade asks for deliveries FOR next
spring, and wants prices Nothing
doing lir Will contract 20 deliver. .
uuf al she prices yGliuE ON 'ho date .
Of delivery And a'I 'ho way down .
the line tHo price of the moment Is /
fined high enough 20 eUnsutute tn .
surauUt against Ihv unknown clc- /
mtut ~ value sN months ahead. /
Tho foreign purchasers in tho Amer /
4. .. .HUH IH.. .H..H.. 81 q
unlimited but with a ]
power that may or mlN
not hc limited, is the cause ~ tfls
situation.
And Il extends into every line OF ,
Guuds Wanted Regardless of PriCc
In view uf this hitherto unknown /
pr ruspcriIy all factors are unwilling
'o br rW Whlrr1sFDi ly labor tTou-
1I,s. The demand .s vlamnrng. not
iskiug prices hat goods So 'hc IA
'ur demands are speedily Wct. tA"
price further Increased and the
'h,rEr passed vu uu'l o. AZ last
finds q resting place ana final
luHil1'un m the pr.Ny purse uf The
individual
Ana ,r.. uotw outstanding 'nis un.
Hrytzs,I opportunity fnr increased
rtu1p''.Hn ~ less than
tu.ine tFr war rHrin1. Industrial
efficiency .s a. low tI". Prosperity
"a rampant. Cd liE.r. wage Is 90 ue
iBI with Jess Individual effort ,Nan
ttr before H.l 'H.Tn NHs r'. ".'Ui
.rnl,.." '. .,l relief In. |n ir-
.le,H ..aH.H.. ,.fHr.. fa political
.g.u.s.. r..n-.'s Ng' 900 t.I.1urD
.r .".f.n.'a I,rsl'.u- ,.ryu-h
..fsrrr ...' action.