The labor journal. [volume] (Everett, Wash.) 1909-1976, 1921-08-05
STOP, LOOK,
AND LISTEN

HdlCeS Ol IHe country nave DeeH
having merry time this last year
defeating" farmers, business men
and workers. They have been with
drawing cerdits, calling loans and
generally knocking affairs into
cooked hat, growing fat and wax
ing arrogant the while they skinned
everybody else.
Under the guise of newspaper cor
respondents and financial writer's
certain propagandists for the gang
have been roasting, scolding and
abusing farmers, small businessmen
and workers because of their Gin
efficiency" "wastefulness," "extrava-
gance," and nearly total lack Of
business sense displayed in not at
once gratefully accepting cuts in
wages, prices of farm products and
on sales. Not a one or anybody have
they missed and all the time the
writers have been denouncing, the
gang has been putting the boots to
business until they think they've
got the world by the tail with
down-hill drag.
Of late, though, the writing crew
has begun to lose it's nerve. They
are growing tin1id and fearful of
what's to happen. So much so that
they've taken the opportunity re-
Gently to ask the gang they have
been writing for to For Gods sake
stop, look and listen"
Only last week one of the most
noted of the crew of writers, c. B.
Evans, Chicago correspondent for
the Philadelphia Ledger" met up
with a banker in Chicago who was
all perked up because there had been
a little rise in stocks. To the bank
Evans, writing the story for the
Ledger, could not see any reason
for rejoicing and wanted to know
what the banker was going to do
next winter when the 100000 now
out of work had eaten up their saw
ings and were joining the bread
line. According to Evans the bank
err became pale. suffered and walk
ed away without answering.
If Evans keeps on handing out
that kind of dope he will be called
a bolshevik and be tied to a large
sized can.
Evans is not the only one be-
ginning to get cold feet and thinks
the gang has gone too far for their
own good Lately B. C. Forbes,
another great "financier," and writ
err who but few short moons ago
was lying about and lambasting la
Dor and the farmer, has begun to
croak and deliver himself of ga
Warning to Bankers" in which he
utters the following:
"Gentlemen-Please ponder what
your notions are in danger of bring
ing about. 1t strikes those of us
who are not blinded by too close
contact with banking routine that
the time has come for you to de.
vote your energies less to "liquida
tic>l" and to give more considera-
ton to labor and to business"
B. c. sure must be scared when he
can forgt his rabbit upbringing and
walk up and tell his boss he's more
kinds of a fool than he should be.
Forbes also got this out of his sys-
tenn:
"You (bankers) should be ashamed
rather than boastful of having pre-
cipitated such run on business
that you have piled up Unfortunately
high reserves, for the abnormal pill
ing up of money in banks when it
is sorely needed for the succor of
business and enterprise is the quick
est and surest way of bringing on
prostration and panic"
Read that last over again and then
remember that this same Forbes is
one of the crowd that said the rail
road employees were crazy when
they claimed the big banking inter
ests had conspired to bring on I'M
employment and hard times. There's
still hope for the vilest of sinners
if they repent-provided the repent
ance is genuine and not the result
of the fear of what's going to hap
pen and desire to get in the clear.