The Rock Island Argus and daily union. (Rock Island, Ill.) 1920-1923, 1920-12-31
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lg| Year:
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rilook 4 / 1921 Bright,
Hays IN nd Famed
1 Ill.,
BY3 BUXTON.


xouds scull over us. and Of
bng- cont,nl ! 3msiness depression
hfoushout aitsd States, MAIN
I dsvolvs4 - that primal In
kinet q - tear; and it is not
banded Oh ft. For all the At
Sading farts Joint precisely the
lthsr WAY. Il
That y ths message that CLOVIS,
mt - every red-blooded, hopeful
ksnerican this New Year day By
A. m4n most fitted to frame .
aslhy message Of financial proph-
n N 1e21.
H n Bernard N. Baruch. that
|nobtrusise. silver haired financier.
Sho yet wieldsl from behind the
spes n Washington more sheer
pysr than an1 dozen other civil
- during theS reat war.
sHow can THE be any long Pc
"a Of dspresjS "a and unemploy-
heat in our entry" asked Ba-
uch, smiling Us famous smile
|rom across the v of the enormous
mahogany desk 9vered with finan-
kial reports fro every corner OF
HE globe. M
Plenty Of prk Undone.
There are t. many things in
khe world left uDne or still to be
hone for this ccur-unless, OF
course, one exys our standards
81 living are gig to recede and
M world in gen u is going to un-
|aftako some nd form Of govern
bent and living
4 r 40 not cred that the latter Is
IS oventuate, I'd mankind's latest
attempt at forml Sting a fresh sys-
I'm Of productid and distribution
y expressed III b soviet 60 =
i - ~ ~ ~ anything ~
r ~ personal intti1-
n y 80 Sone lowering Of
~ Idards Of wing.
{ V1ith this outef the way, then.
I'M With rs coulhced of the fact
III our present economic system Is
= Ieaet . start = the right direc-
Son. / fail to 81 anything but a
krighter future Or us, once our
taxation problemb adjusted.
Kew WealtbIs Created.
Wealth," which we need, Is made
ouIy from the CREATION Of things,
md the only way to create things
d TOR people to work. Why. If
America had gone into the treaty a
y1ar ago, in all probability the en-
tire world would be humming with
Industry today inEead Of being a
world In which mankind Is marking
time. believe the procrastination
u 1870 has caused mankind to sus-
tain billions of dollars worth Of
UncAllel for losses. worse still. un-
told human misery.
Things are bad but not 80 bad
~ our fears are prone to paint
hem. We are adjusting ourselves
4 restricted world markets and do
6afic price Alterations. Losses
"a shrinkages hsve to some ex-
Tint been discounted or neutralized
ready. There may be some more
1lpres and further readjustments
e / ZEE that profound curative
pugh ct times ccnvulsive prc3
= are setting In. 1t will not b.
euick cure but It will be sure.
sAIl Of MS can accelerate the Gu
rive movement by practicing ant
5oachiug the doctrine Of work ana
Syink, By revising our burdensom'
= raralyxing wartime taxation
nich ID mo- longer necessarily,
nknntine ,onrsAlyes with fetarn
o7vics perfer1 T.
~ ~ nMA2ly u a6o1ln
a 1a6of. Ne must look for prof
from big production. not from
hitation Of production. We mus
% It that the present mass read
kmsnts OF prices are carrie,
NH to the ultimate consumer.
Dpslncss % Debated Basis.
Ausine % undertaken now is on I,
debated instead Of on an un
Undated basis. Merely the re
real values from those born
himistic feeling will work .
change for the better. Thu
4 hristlc with opportunities fol
fSrprise. although II rs true thai
rewards are still subject t.
Avy taxation.
Building has been restricted
rnerce throttled, upbuilding Of
railroads and ~ development
mines and oth9 natural re-
nrces held back. We have a vast
oortunisy In making up for the
~ that has been long left nm
- - well - in u performance
he profitable cuIient tasks that
~ 10.
7Aess tremsndouq works VIII
Suirs labor. capt.. brains and