The Birmingham age-herald., 1919-05-23

 York, also a man of great wealth and
 of proportionstely great benefacuons. He supported the Red Cross in kussia in the desperate days and is presumed
 to have taken from his own purse
 million dollars in order to do that Upon Colonel Thompson's return to
 the United States he spoke of the con 1 fusion and chaos that prevailed in Rus- ! sia but was confident that this con dition is no more than an inevitable reaction from the autocrattc rule or the l Czar. Gradually Russia will in his opinion, find herself and her people Will | establish in due time as France es tablished after the reign of the com mune, permanent republic, which was endured
 DIR. BUTLER'S INFORMATION Dr. Butler is presumed to have re- ceived confidential information rom Europe which justified him in pre- dieting the appearance of a great ieu- eral Russia and the gradual eiltniha- 1 ton of bolshevism.
 Another feature of Dr. Buffers ad- dress which is sure to occasion com ment and thought is his brief analSsis of the industrial problem. lie ls III sympathy with the advanced ieaoers in industry who are now unoertahins to bring about community Of interest
  hands, those who labor with their brain and those who furnish capltal' In his view if this community or ln- terest can be generally established the people of the United states can iooh with indifference upon any attempt lo spread the doctrine of bolshevism oi radical socialism in the United states. He recognizes. as the U. S Steei corporation. the International Harvest CT, the Standard Oil of New Jersey ana other corporations have. that 1T the industrial problem is approacheo rom a human point of view then US essen tial characteristics will be the coop eration of human beings-the proouc- tions of objects of value.
 WHAT MIR. PERKINS SAID i Ten years ago George W. Perkins in an address before Columbia university to which President Butler listened, ] urged the estab lishment of co-opera- ! ton between all of those who are pro- | ducers, whether with their hands, their heads of their capital. Cooperation means the common association of those who join with their savings or With their minds or with the work Of their hands to bring about production ana constantly increasing production. But it also involves the recognition of the 1 fact that the producers should be re-
  chimes or part of machines.
 THE DAY OF COOPERATION l One of the effects of the war has been l the enlightenment of the pubic re- specting the value of cooperation. The ] object of cooperation is the proouc- | tion of wealth and pr. Butler says that ] it is from production and production
 alone that both wages and profits are paid. The greater the production, the greater the possibility of increased wages and also increased prohts. WHAT PRESIDENT TEAGUE SAID l This statement is identical in thought i and almost in expression with one which was recently made by Walter l Clark Teague, president of the Stand ard Oil company of New Jersey. Pros 1 perity requires large production under l conditions which satisfy human needs and reasonable human aspirations. Al | ready the people are beginning to un- l derstand that unrestrained competition i is one of the most dangerous influences | that can be utilized in business life. Dr. l Butler says that the ultimate of un- restricted competition is monopoly l Now that collective bargaining has been introduced and is already so wide 1 ly established attempts have been made
 to organize industry into large co-op- erative units In Dr. Buffers view, as
 
 there is no danger from cooperation provided there be public supervision and regulation. The experiences of the war have demonstrated that under | pressure of a great emergency. it was \ necessary to cast aside the shackles
 of our restrictive laws and allow the largest possible measure of economic
 cooperation under government con- trol But the public is beginning to be aware that what was necessary in war days will be desirable after peace is established For this reason Dr. But Ter calls upon Congress to enact con- structive federal regulation which will
 not only permit but encourage the for nation of large economic units for pro- duction and commerce, subject to gov ernment supervision and regulation.
 Dr. Butler told the Utica Chamber of
 Commerce that when this step is taken
 not only our export trade but also our
 domestic trade will be nightly ad-
 vanced and our power of national pro-
 duction will be vastly increased.