The Birmingham age-herald., 1920-12-03
Daily Financial Gossip
By HOLLAND

New York, December 2.-(SpeciaL)- Judge E. H.. Gary, chairman of the board of the United States Steel cor poration, in the latest of his-communi- cations intended for the public eye and
 understanding, re-affirms the position
 he took shortly after his return from
 Europe last summer. He does not look , with downcast eyes upon present>day conditions or speak with trembling lips. His words, as always, are full of en- couragement, and he is so situated that ! he ought to know what the conditions are and base his opinions upon facts and not theories.
 There was one brief comment in his ! latest communication to which per haps not so much attention has been paid as to other portions of his review, especially those which referred to , financiers; business and the relation of capital to labor. He spoke of the all most inconceivably great opportunt- ties for so utilizing American soil as to secure harvests in comparison with which even the latest record making harvest is trivial. He referred to the cultivation of the soil and the utiliza- ton of all that remains, many million acres, to be opened to cultivati tion, as containing opportunities for creating vast new wealth each year.
 Judge Gary evidently had in mind the utilization by American agricul- ture of modern methods, modern agri- culture machinery and the perfecting of transportation facilities. In fact, he referred to the adoption by American farmers of the intensive processes of
 soil cultivation of which France, Bel gium and Holland and to some extent Great Britain are already furnishing us valuable lessons. He might also have spoken of the highly developed inten- sive agriculture which is characteristic of Japan, and enables that compara- lively small archipelago to feed for the most part her own population of mill lions.
 JUDGE GARY AND JAMES J. HILL Judge Gary merely echos statements made some years ago by James J. Hill and by President Clark of the New York Central Railroad system and oth- CTS. It must have been as long ago as 1906 that Mir. Hill in various ad- dresses and published communications intended for the eyes of the farmers who were settling upon lands which his railroad had opened up for cultiva- tion, urged the immediate adoption by the farmers, of intensive cultivation of the soil. He did not confine himself to 6CtCA diAEdtiO A1c TSleTTc0 fndHy times to the t-iumphs of Holland and Belgium, who by intensive cultivation i compelled the soil to yield every ounce of the wealth that was in it. Some . times he spoke of the achievements of the wheat farmers of Great Britain, saying that, although they were culti- vating wheat from soil that had been devoted to wheat culture for a thou sand years, nevertheless by intensive methods they were compelling that soil to yield three or four times as many bushels of wheat per acre as the Ameri- can farmers drew from practically virgin soil, some of it soil which was as rich as that of the valley of the Nile When MT. Clark was president of the New York Central. he also undertook a campaign of intensive education. He went about through New York state and also in Iowa and other communi- ties prociaiming that our farmers should take a lesson from Holland and Belgium, for if they did they would be able to harvest three or four time larger crops than are now harvested