The evening herald. (Klamath Falls, Or.) 1906-1942, 1921-01-24
DIsCOUNTTNG 1.-THE GLUMMERl"

The prevalence amongst us OF nj
Increasing number OF doubters. "h
seeing the problems Of the immediate
present refuse to search for the rift
In the clouds, has resulted In tn
coinage OF new word. "glummers,
q general term applied to those whit
persistently spread the doctrine o
pessimism and who canno. see tht
indications all around us tina. thing
are on the mend. One consollng fea
ture. however, is the fact that thi'
Is purely a mental attitude nnt
changes for the batter can otcur ST
quickly that one cannot remair 9
pessimist very long. Even thorgn re
cent events have justified the pradic
lions of certain Of our gloomy breth'
rem, there is scant consolation ir as
suming an 81 told you so" altitude al
this time and continuing TO spread
the propaganda Of pessimism.
In this connection an editorial re.
Gently appeared in the New Yori
Herald" excerpts from which are
worth reprinting: .....
1.-TWO breeds Of economic false
prophets running riot in this country
at this time are setting up din
which is fit for bedlam. The one clam
ors that our crops are not going to
sell, our steel. copper and oil are, not
going to sell, our textile products are
not going to sell-nothing is going to
sell until prices have tumbled to ex'
tremes that spell blue ruin. But the
simple horse-sense answer to this
calamity bowling is that in our own
country there are more than 100,-
100000 persons who eat up food
every day, wear out clothes every
day, consume material every day that
goes into railroads, bridges, machin-
cry, equipment, houses, tools and the
thousand and one things that have tc
be used incessantly and prodigiously
to support human life and maintain
our social conditions. -
'The buyer who refused to pay two
prices for a thing when he could d.,
without II was wise. He helped him
self. he helped his fellow man that
could not do without 1t. and he hep
cd his country's productive agencies
which are always better Off when
their machinery. is not clogged with
more work than II can do and whose
prices are not thus driven up to
heights that become prohibitive. The
man who refuses to pay fair price
now for a thing he needs is an econ
omic stumbling block. Furthermore.
he cannot keep on refusing to buy
when his wants compel him to get
the thing. For nation to wait In a
market Of heavily reduced, ,pr,ccs for
the still lower prices Of blue ruin,
even IL II could walt. would be econ
omic suicide. because the blue ruin
which brought prices down too low
would destroy all business, all en-
ployment-all everything.
Whether 1t be a railroad, a steel
mill. a flour factory. a department
store. or corner grocery, It cannot
earn living for itself. II cannot es-
cape rust. rot and dissolution unless
II operates. II cannot operate unless
II gets q reasonable price for its pro-
duct. II cannot get reasonable price
for It's product unless American work
ers. who include the vast majority
of the American people, get a reason
able wage, salary or income to create
the purchasing power necessary to
make an American market for rail-
way rolling stock or wheelbarrows,
for gold watches or brass pins.
What this country chiefly needs
now to rebound into industrial actiy-
ity, prosperity and power is to get
back on the old American basis Of a
square days work FOR a square days
pay, with a .correspondingiy efficient
cost Of production and fair prices
that will sell what is produced and
give plenty Of work to everybody that
wants, to work. Anyhow. choke off
the calamity, howlers and eliminate
the idlers! :'s