The midland journal. (Rising Sun, Md.) 1885-1947, 1920-12-03

| is rapidly approaching solid ground.
Our banking system has withstood
both the shock of war and the strain
of transition to peace conditions.
The American people are now saw
ing more money than any previous
time in history.
Capital is becoming available in
larger volume for the launching OF
new enterprises and the developing OF
existing enterprises.
Interest rates are universally ex
pected to ease after the turn of the
year.
Gold continues to flow into this coun
try by the million every week.
Our expectations still outbalance oul
importations by quite as geenrous a
margin as is desirable.
The upbuilding of the merchant ma
rine fleet approaching in magnitude
that of great Britain strengthens oul
ability to enter and retain full share
of the worlds markets.
Our land transportation has under
gone transformation through the pass
ing of sound legislation to fortify rail
roads credit and through the very
notable improvement in efficiency
efficiency since the return of the roads
to private operation.
Road building is going forward in
| this country as in no other country on
the face Of the earth, form of pro
gress desirable and valuable beyond
consumption.
The increasing inflow of able-bodied
| immigrants insures an adequate sup
ply of unskilled labor to aid in tilling
the soil, erecting new buildings, run
ming our industrial plants, developing
our mines, digging our coal, manning
our oil properties and improving oul
transportation facilities.
More is being done today than evel
before to educate and assimilate into
the national family the foreign-borT
already here and those flocking to oul
shores.
Greed for inordinate gain, exhibited
all too flagrantly both by profiteers
and by certain classes of workers, is
on the wane.
The interdependence of employees is
steadily becoming more fully under
stood, and more measures than ever
before are being instituted to draw
both sides together on a friendly CO
operative, satisfactory basis.
Our capacity for producing the ne
cessaries, the comforts and the luxu
ries of life has increased phenome'
nally.
Americas power and place in the
world have risen beyond parallel in
history.
Practical, comprehensive steps are
being taken by our financial commun'
ity to extend financial succor to the
temporarily crippled nations of Eu'
rope. and the broader sense OF our
international responsibilities begotten
by the world war justifies the general
faith that hereafter Americans Will
throw off some of their provincialism
.nd become investors wherever attrac'
tive OPPORTUNITIES arise in any part OF
the world.
Our schools, colleges and universe
ties are educating unprecedented mum
bers of children, young men and young
women, and the amount of money
now being devoted to education far ex
ceeds the record of any previous year
The millions and millions contributed
| voluntarily to our institutions OF
higher learning during the last yeal
or two have evoked the admiration and
the envy of other nations.
+ Religious animosity is giving place
tn religious tolerance and even cooper
alton. and, although certain compre
hensive plans to bring about interde
nominational unity have suffered set
backs, the trend clearly is in the right
direction.
Although much has been said or
moral slump" having followed the
war, our farewell offerings to the Red
Cross and other philanthropic agencies
have been in such volume that mil
lions of children in Europe are be
ing thereby kept alive. And there are
not wanting signs that more men Of
great wealth are learning and acting
upon the profound truth that lit is
more blessed to give than to receive
In short, in no other land are the
people of all ranks so well fed, so well
clothed, so we'll housed, so well EN-
ployed, so we'll educated, so blessed
with religious facilities and freedom
| - - oblo 20 avtond halning hand