The Ocala banner. (Ocala, Marion County, Fla.) 1883-194?, 1919-06-27
THE GREATEST QUESTION
THE WORLD

City bank of New York. He has
been looked upon as one of America s
foremost fiHanciers. THE greatest
question in the world today is the
adjustment of the differences be-
tween capital and labor and it must
be approached with an understand
ing and liberalism on the part of the
employers surprising anything of
this sort that they have ever shown
before" So Mr.. Vanderlip declared
on Thursday, June 4, in the first
speech he had delivered since the an
nouncement of his resignation as
president of the great financial instf-
tuition of Gotham This is what he
said:
"You know we would all be boil
sheviki if we got hungry enough.
Some people have been calling me a
pessimist, but if you could share my
opinion of the opportunities that Am
erica is going to have in the world.
the opportunity of service, of respon-
sibility and recompense, you would
be the most optimistic crowd Of men
ever gathered under one roof This
is based on the supposition that Eu-
rope is going to gather herself to-
gether and start back toward nor
NAL life under the present capitals
tic system of society Remember L
am not sure that Europe is going to
do that, but if Europe does then our
position is the most favored that any
nation ever had. A hurt has come
to Europe that might be greater
than any hurt measured by the de-
struction of the war. That hurt is
the Reorganization of the whole in
dustrial machine of the continent
and in a lesser legree of England
The Reorganization is astounding1y
complete, growing out of their lack
of production, out of the idleness and
want and the hunger, there may
come forces more terrible than the
war itself. 1t is not altogether hun
ger and want which has produced
boIshevism, because you find the
present order of society questioned
and questioned by considerable mi
nority in every European country, in
Guiding England.
There has come. to be suspicion of
the efficacy of higher wages in the
minds of a great many workers. They
organize, they strike, they get ad-
vances and they find they have no
more comfort than they had before.
The cost of living has risen in. many
cases more rapidly than even the
rapidly rising wages and there is a
grave suspicion in the minds of
great body of workers that there is
some legerdemain, something by
which you can apparently hand them
higher wages, but so manipulate the
value of what you pay the wages IN,
that they are worth no more to the
man who arms them; and with that
suspicion in the minds of men, there
is always inf1ammable material
All Europe is great manufactur-
ing community. Very few of the
countries of Europe are self-sustain-
ing so far as their agricultural pro-
ducti0n is concerned Europe must
operate its factories if Europe is to
live. There is not enough to feed the
people. THE population has been
built on an industrial system by
which the raw materials from abroad
are passed through the factories,
sold abroad, and enough obtained to
buy more raw material and the
amount of food necessary for the
workers
That is where a disorganization of.
markets, disorganization of the la.
Dor situation, great difficulties in
getting raw material, almost insur-
mountable difficulties of domestic
transportation, disorganized curren-
cies, vast taxation obligations have
all united to really disorganize in
very complete manner the markets
and the factory production of Eu.
rope. That factory production must
be started Europe can save herself
only by going to work. And Europe
is idle to terrible degree at the
present time. Europe must start
producing. She is going to need help
to do it. The main duty and burden
OF giving her help will lie with us.
Some other nations can help. In the
main we must give Europe credit,
not credit to rehabi1itate her treas.