The Washington herald., 1920-12-24
Half Trouble With Busi.
ness Psychological, Says
Herbert Hoover.
U. S. WITHSTANDS
DROP IN FINE WAY
Things Relations Between
Nations of World Now
Everyday Problem.
CPublio Ledger serxice.)

PHILADELPHIA. Dec 23.-The in
dustrial and financial condition in
the country will be favorably az
fected by a mental adjustment that
will come after the first Of the year.
Herbert Hoover believes.
He arrived in the city at noon
today, to speak at a luncheon In
the foyer of the Academy of Music
in behalf of the S33. 100000 cam
paign for the relief of the starv-
ing children o Europe.
Half the trouble with our busi-
ness today is psychological" he de-
clared; "the other half is actual,
but there is no reason why we
should look for anything of more
serious proportions than we are 60
ing through now.
The fact that a 80 per cent drop
in commodities, involving billions
of dollars. has not produced any
more marked effect on this country
than il has is a monument to Amer
lean industry and business methods.
This tremendous loss has BEEN alb
sorbed somewhere, but il has ere
ated no sharp havoc in our indus
trial life"
Sees Change I'm People.
"A change will come over the
thinking and acting people of the
United States" he sail, in the wake
Of the present defiation of marketr
and the inability to dispose of our
foodstuffs and commodities-Hither
the farmer and the laboring man
have not been greatly interested In
large national problems and foreign
relations.
1T is surprising now how con-
cerned the farmers are about our
international relations and world
affairs. This ppplies TO the great
laboring cIasscs Foreign affairs
have turned out to be not SO foreign
after all. and Europe has come to
the farm.
The relations between the na-
tions of the world in the past have
been handled as academic problems
Today they are becoming everyday
problems for everyone.
There has been plenty of talk
and writing about great readjust-
ments after, the war. but there have
been no great readjustments. There
has been no concerted thinking or
action on any of the vast problems
of the world since the war. Some
progress in, national and interna-
tional policies was made during the
armistice period, but it stopped with
the signing OF the peace treaty.
Europe at pid Problems.
Europe has started in to pile up
International difficulties without any
loss of time, and is busy with the
old problems OF indemnities and
tariffs. In this country the peace
treaty has not ben signed.
Among these world problems that
have not been solved is that of feed
ing the starving European children.
Two years has not been long enough
to make the people of the rest of the
world realize that this is every
body's problem and that these chil-
dren cannot be left to die"
At the luncheon Mr.. Hoover sp-
pealed to 400 prominent Philadel-
phians in behalf of the campaign
for funds to enable America to carry
its humanitarian work in Europe to
a successful completion.
OF the S,oo0,0 900 children cared for
by the 1900 SOUP kitchens, hospitals
and orphanges, following the armis-
tice, ne said, 3,5O0.000 still looked
to the American flag to preserve
their lives until the harvest in Eas-
tern and Central Europe next Sep
tember.
Speaks at Relief Council.
Mr. Hoover spoke as national
chairman of the European Relief
Council, which includes the Ameri-
can Relief Association, the Ameri-
can Red Cross, American Friends
Service Committee. Federal Council
of the Churches of Christ in Amer
lea, Jewish Joint Distribution Com
mittee, Y. W. c. A., Y. NJ. c. A.
and Knights of Columbus.
I'VE recognize" Mr.. Hoover said,
"the times are critical in America,
and we have no right to ask for
more money than is necessary. so
we have reduced our activities in
Europe to the lowest possible point.
I'VE have organized the work to
make the local people accept the
prize responsibility. They must
supply the building and the over
head charges. We deliver the essen
tial commodities.
He said 100000 local volunteers
are now at work in the twenty
three countries aided, cooperating
with the Americans. He said the
American plan builds UP the spirit
Of self-help among the peoples. He
pointed out that in Rumania, where
100000 children were fed in 1919
only 100000 children looked to the
Americans for aid at the present
time.
Saving scheme Is Unique.
This saving Of human life, on
scale of hundreds of millions of peo-
pie, is unique in history" Mr..
Hoover declared.
Tt is an instance where a nation
has interviewed to save human life
and not destroy IL. In the thirty
years war, where there was no
American charity, one-third of the
population of Europe died.
Tn a war where 4o,0o0.00o people
lost their lives. America saved the
lives Of I5.000.eo0 children.
I'VE have heard much Of peace.
Peace is not a product of documents.
but of good will among men. The
American flag emplanted in the
hearts of these $1,000. goo children
will be far greater, protection to
America than battieships.
These children are obligations on
- S - Is - 4s.s, 4