McNairy County independent. (Selmer, McNairy County, Tenn.) 1902-1969, 1920-07-02

and powerful; the ehyslcal constitn
tisn Is strong. One arm. agriculture
10 overdeveloped. an5 its overdevslop
ment has been at the sacrifice OF tn,
other arm. Russia, economically, II
one physical respect. reminds me .
Wilhelm Hohenzollern. late of Prus
sia. now living In Holland. I refer T.
his withered, undeveloped baby arm
Russia's undeveloped industrial arm 1,
just such crippled useless arm. Ref
erence to the ex-emperor, who 10 now
saving wood in Holland. suggests to
my mind the words OF Q great German
economist, List:
"A nation cannot promote and for.
thef Its civilization. its prosperity and
its social progress equally 40 well By
exchanging agricultural products for
manufactured goods as by establishing
manufacturing power Of Its own. A
merely agricultural nation can never
develop to any extent a home or o
foreign commerce, with inland means
Of transport and foreign navigation,
increase Its population In due proper
ton TO their wellbeing. or make no
table progress In It's moral. intellec.
tual, social and political development !;
II will never acquire important politi.
cal power or be placed In a position to
influence the cultivation and progress
of less advanced nations and TO form
colonies Of its own. A mere agricultu.
raj state is infinitely less powerful
than an agricultural-manufac
state. The former Is always econom.
ically and politically dependent on
those foreign nations which take from
II agriculture In exchange for manu-
featured goods. II cannot determine
how much II will produce, 1t must walt
and see how much others will buy from
II. The OBSERVATION-DISCLOSURES
states on the contrary produce for
themselves large quantities of raw ma
terials and provisions and supply
merely the deficiency from importa-
ton. The purely agricultural nations
are Thus dependent for the power Of
effecting sales on the chances Of
more or less bountiful harvest In the
agriculturaI-manufacturing nation
They have. moreover. TO compete Ia
their sales with other purely agricul
tural nations, whereby the power Of
sale In itself Is uncertain; they are ex.
posed to the danger of ruin In their
trading with icultural-manufactu
Ing nations by war or new tariffs
whereby they suffer the double disad
vantage of finding no buyers for their
surplus agricultural products and Of
failing TO Obtain supplies of the man
ufactured goods they require. An ag
r'cultural nation In man with one
arm who makes use of an arm belong
ing to another person but cannot. OF
course. he sure Of having II ALWAYS
available. An agricnltural-m
turing nation Ia a man who has two
good arms Of his own at his disposal
Poland Cited as an Example.
List further points out that the rel
alive cultivation of the agricultural
and manufacturing arms of a country
possessed of an ample and fertile ter
ritory will give that country popu.
lation twice TO three times as large
as II could secure by the development
Of the agricultural arm alone. and
maintain This vastly increased popula
tion ina much higher degree of com
fort. Surplus agricultural produce Is
not necessarily capital in an agricultu.
raj country Countries which produce
such a surplus and remain dependent
mon manufacturing countries are
often obliged to purchase these manu-
featured goods nj an enhanced price
He points to Poland as an example
She exported the fruits of her soil to
obtain the goods which she could have
manufactured from It. As conse
quence she fell like house Of cards
when organized nations attacked her
List considers that had Poland devel
oped her manufacturing arm. besides
retaining her national independence
she would have exceeded any other
European country In prosperity To
use Lists words: ECO To fallen Poland
and ask fits hapless people now whether
II Is advisable for nation TO buy the
fabrics of foreign country SO lone
AS its native manufacturers are no.
sufficiently strengthened to he able 70
compete in price and quality with the
foreigners"
Rolshevism hns set ont to sociallz"
political agricultural and industrial
Russia and as expect to examine IN
effects Of communism in each of thes
departments Of Russian life have Sc
down some historical and econom'cH
truths which must be kept In mind
when examining the Lenine panacea
Copyright. 1920. Western Newspaper Union'