The Richmond Virginian. (Richmond, Va.) 1910-1920, 1919-10-06
AMERICAN WORKING
MEN AND VICTORY
Failure of Steel Strike
Reveals Names and Ad-
dresses of Radicals Who
Stir Up Strife.

New York. oct S,--Such far-reach-
ing possibilities have been the infiu-
ences dominant in the stock market at
the beginning of this week that one
hesitates to say exactly what effect
they may have for the immediate fu-
ture. The long distance Investment
view seems clearly and cheerful The
immediate future In uncertain. But
there lis no doubt that the patriot with
sufficient funds and nerve to hold
stocks will gain more than tho one
who attempts to trim hts market
course according to the daily news.
OF immediate popular Importance rs
the presidents illness. II seems that
there is to he n long period Of uncer-
taInty in any event so that the mar
kst VIII be under the influence OF
rumors-
Next in appearances Is the steel
strike situation. This seems tn be
ending with complete victory for
American working men. The steel
strike viii be historic in the annals OF
America 1t marks the turning point
of the Eolshevistic attack in this
country. II marks the beginning of
a new and greater development along
truly American lines 1t means per-
manent prosperity and better condi-
tkona for manual workmen in all de-
partuaents Of industry There vera
thousands of mills pYtTned with radf-
Gals ready for strikes II the great
steel strike had been a success. It's
failure has prevented a nationwide up
rising ut dissoyal workuen. These dis
foy-al ones are small In percentage and
n,w they realize that thfs Is an nn-
healthy country for such as thetn-
selves
This new civilization that Is roing
to make America. based very
largely on the question Of fuel and me-
chanicai power IT so happens that
the greatest oil fields Of the world are
on This side of the Atlantic. So are
the greatest coal deposits, There is
everything here for the development
OF mechanical power, even to the me-
chanical gnn iMs Of thG young men.
There is no human power can prevent
trgssrfe rfdous Increase in the vahIes of
all securities representing such things
AZ petroleum. coal. iron and electrical
Developments The only question in
vestors need ask is saat~s1aa company
in question is genuinely engaged in
the business, There are many Fecuri-
ties offered in Wall street that do not
yeysre sent honest business enterprises
In these lines There is no penalty
too severe for the promoters of these
companies.
OF all almost equal Importance are
the railroads ana the automobtieS, the
railroads have been arrested In their
development TO such an extent that
they cannot possibly serve the coun-
try properly. This has given tremen-
dosIs impetus to the production of au-
tomobiies. both passenger cars and
trucks. This growth is just getting
under way.
The demands Cor food plus sanitary
conditions make II necessary that the
horse must go and be replaced with
the COW. Thus, there il open a vista
Of business for automobile companies
that Is uneauailed except for the out
look for petroleum.
Wall street is going to have sur
rrises equal TO any IL has enjoyed in
the past and TREY wifi be constructive
surprises. Decision by the supreme
court OF the question as to whether
stock dividends are taxable will start
the chain of announcements involving
control OF hundreds OF millions of
capital
For the investor the cue seems to
be sit tight and he patient For the
specuiator, II would be good idea TO
be sure of plentiful margins and good
evesight, with constant and close at
tention to the tApe