The Nezperce herald. (Nezperce, Idaho) 1900-1957, 1919-10-23

Predicts National Disaster" Il
After-War Problems Net
Solved Correctly

Washington, D. Persistent indus
try and steady, conscientious savin,
must be depended upon to avert tn,
national disaster which turks In tn,
cost of living Issue, according to Presi
dent Wilson Only increased produc
ton and real thrift, he said, can b.
effective in reducing prices and bring
ing conditions back to point where
wages and the cost Of necessities VIII
be properly balanced The President
outlining the economic policy upon
which the government Is basing its
fight to reduce prices, made it clear
that the principles underlying the cam.
paign for thrift conducted by the Saw.
ings Division Of the Treasury Depart.
ment through the sale OF War Savings
Stamps and Treasury Savings Certif.
Gates are the principles which must
rescue the nation from conditions more
dangerous to the prosperity and life OF
the people than the war itself.
Increasing wages will not meet the
situation, the President said. Wage in.
crease in the great industries Of the
country under present conditions will
only tend to push prices further and
further out of reach, and the President
asserted that wage establishments must
wait upon the outcome OF the govern.
ment's fight to pull down prices.
Demands unwisely made and pas
sionately insisted upon at this time
menace the peace and prosperity of
the country as nothing else could, said
the President. And this contributes
to bring about the very results which
such demands are intended to remedy.o
The President, emphasizing the seri-
BUSINESS of the conditions which con
front the country, said.
n We are face to face with a stu
alton which is more likely to effect
the happiness and prosperity, and
even the life, of our people than the
war itself We, have now got to do
nothing less than bring our indus
tries and our labor back to a normal
basis after the greatest upheaval
known to history, and the winter
just ahead of us may bring suffer-
ing infinitely greater, than the war
brought upon us II we blunder or
fail in the process. An admirable
spirit OF self-sacrifce, of patriotic de-
votiOn, and of community action
guided and inspired US while the
lighting was on. We shall need all
these now, and need them In 4
heightened degree if we are to ac-
,Omplish the first tasks of peace.
They are more difficult than the
asks of war-more complex, less
,asily understood and require more
patience and sobriety.
We modified our man power for
he fighting; let us now mobilize our
brain power and our consciences for
he reconstruction II we fail 1t will
mean national disaster. The pri-
nary first step is to increase pro-
luction and facilitate transportation,
% as to make up for the destruction
wrought by the war. the terrible
carcities it created, and SO as soon
IS possible relieve our people OF the
ruel burden of high prices"
Pointing out the thrift remedy for
he situation now before the people,
he President said:
"Only by keeping the cost of pro-
luction on its present level, by in .
reasing production and by rigid /
economy and saving on the part OF I
he people can we hope for large !
decreases in the burdensome cost Of
living which now weighs US down"
Buy w. s. 8.