South Bend news-times. (South Bend, Ind.) 1913-1938, 1921-01-14
NEED OPTIMISM,
COOPERATION, TO
RESTORE NORMAL
Samuel c. Osborn, Chicago
Manufacturer, Addresses
Credit Men Here.


There are two things needed 70
I bring the business OF the United
States and the forces 1t controls
back 20 a sane and normal level and
they are a spirit Of optimism and a
desire for cooperation, were the
words OF Samuel G. Osborn, president
the Osborn Manufacturing company
Of Chicago in his address on "Op-
timism in Business at the monthly
dinner and meeting Of the South
Bend association Of Credit men in
the Chamber Of Commerce Thursday
evening.
A large number OF the credit men
were present at the meeting. II
was announced that ex-senator Al
bert J. Beveridge OF Indianapolis
would speak at the Chamber OF
/ Commerce Monday noon Of next
( week. on the subject The Direct
/ Primary System" He Will also speak
/ at the high school auditorium Mon
/ day evening.
The word cooperation is the
greatest word that will be used IN
| business in the next few years in
getting everything back to normal.
said Mr.. Osborn. ALSO essential Is
/ is the spirit Of optimism in this
movement. Pessimism is uncalleo
| for even though 1t is in many minds
The little periods Of readjUstmeni
I the country is now going through
I are but natural and will soon be
\ righted The foundation Of Ameri-
! can business is the same as before
/ strong and sure and sound.
Need LabOr's Help.
Labor must cooperate with the
/ business powers and realize that il
| also must bear the strain of read
| justments as we'll as those who own
| business. Labor by so doing bring
| the reality desired by all more quick
/ ~. Ne are suffering from the facl
| that labor has been educated along
/ the wrong lines. The men who form
! its rank have become distrustful and
/ suspicious Of American business
I methods and do not place faith in
| the country which has given them
work and the citizenship Of free
/ dom"
/ The speaker referred TO our re-
latiOns with foreign countries and
7 emphasized the fact that the United
J States cannot stand alOOf and alone
( in an isolated position. If we
| stand alone we will ourselves sc
! bankrupt as well as Will the other
/ nations" he said. The countries OF
/ the earth must live together and
/ transact the business of the world
/ between them In our business ex-
/ change they are part Of our land
1 the countries of Europe and those
/ Of South America as well. We are
1 one great corporation and in the fl
nal and ultimate analysis of things
one cannot live and flourish with
/ out the other"
Mr.. Osborne also discussed the
/ Pubic Service commission Of thu
/ various states. He said that pub il
sentiment which is unduly and with
4 out great cause against them mus
| be changed for the better and the
attitude of the people Tighted. The
| public utilities cannot market theil
| securities without this change h'
said, and il must be done for the
! sake Of better business. TranspOr
/ tation problems and utility works
| expansion Of the land demand this
| and II the business men of the coun
4 try try their best in this regard and
devote some Of their time and labor
TO it much good will be the result
the speaker continued.
Il have the greatest optimism in
the future of the business OF th'
country" said Mr.. Osborn. "Oul
crops are rich and our export trade
needs only more and more ships
I What the country needs particular!
is a large merchant marine. 1t Il
an insult TO the American people tC
{ watch their goods and products go
/ ing TO other lands in foreign bot
/ toms" and sailing under the flag Of
/ another country America should
/ have the largest fleet Of merchan
/ vessels in the world 10 do justice Il
/ its business and to have American
goods exported in American ships.
with this will come the growth
. OF business and the increase Of the
whole Will react upon the smaller
4 business of the land The time has
come when fair play must be giveT
all around, when a spade must bt
a spade and a club must be called
a club The cards must be laid or
. the table and everything open anC
above board. The business mar
must regard his competitor as 6
friend and not as rival TO be beater
at every chance for II he is beater
; and trscked the reaction viii come
I back upon the victor who wins FOL
the movement only but has wrought 2
business. And upon the business OF
| the country depends the government
OF state and nation and in so far as
/ the former is good and hOurishinl
so in proportion is the latter worthy
and Creditable to the American
nation