The Topeka state journal., 1921-11-18
MUST END WARS
Chief of Z. S. Steel Corporation
Demands Real Peace.
Need Treaty in Addition to
Limitation of Navies.
BIG BOOST FOR BUSINESS
Steel Industry Not Dependent
Upon War Preparations.
Delay in Readjustment Keeps
Cost of Living High.

New York, Nov. 1S.-NegOtiaGon of
a treaty which would prevent future
wars was urged in conjunction with
an agreement to limit navies. by FL
bert H. Gary, chairman of the board
of the United States steel corporation,
IN ar address today before the Ameri-
ear Iron and Steel institute, of which
he is president. He also belittled the
suggestion that armament limitation
would reduce the manufacture of steel,
saving the thought was unworthy OF
even a passing notice. Business was
improving. he said, but there must be
further adjustments
Cannot stop With ships
with an agreement for the limita-
ton of capital ships" he said, 1t
would not seem to be practical to stop
with less than final treaty Whlch
will prevent future wars IN ADDITION
to what is contemplated by the limtta-
GiOn of armament There should, with
other things. be an understanding that
If anv International difference arose
no resort to military force should De
permitted until after there has been
conference and full discussion by all
nations now participating IN the oe-
Hberations at Washington
president Harding and the -FOUR
selected able and experienced repre-
sentatives of this country VIII eneF-
geucaIly and persistenty strive Tor an
agreement. They realize their con-
stftuents are uncOuditionally and terF-
entity supporting them in their cam
pafgn for peace and Limitation OF ar
mament, and all this is true OF eaeh OF
the other nations He asserted thdt
the international arrangements to be
concluded must cover every kind OF
armament heretofore or hereafter dis
covered
Benefits Beyond Calculation.
"The benefits which would be de-
rived bv reason of all the nations liv-
ing under peaceful conditions, as COM
pared with military conflicts, are pc
yond calculation" he said If means
Tor the firm establishment and main
tenanee of peace can be found and
generally assented to, it Will mark an
epoch of the greatest business pros
peritv. as we'll as the largest measure
of haDpfuess that the world has ever
with essed. We should be thankful
that this conference, has been called"
Failure of the conference, he said was
unthinkable. An adverse outcome
would be intolerable and those re
sponsibla for il would be repudlated
and everlastingly condemned.
mo claim for personal or individ
uaI advantage not based on the prin-
cipIes OF right and justice, in the opin-
ion of the majority. would be enter
tain2d." he said. He briefly dismissed
manufactured as a result of arma-
ment Limitation
IN the first place" he said. the
amount Of decreases, if any, which Is
doubtful, would be small, and even
tho they might be large, no sane and
right spirited person would consider
pecuniary interest as of any impoF-
tance when discussing national or in
ternatiOnal welfare
Steel Business Doubled.
Mr.. Gary said it seemed to Be gen
orally conceded that business condI-
tiOns thru5ut the country for the last
six months had been steadily, if slow
II, growing better. The volume of
business in the steel Industry had
more than doubled in the last ninety
days, he said, tho profits had been lit
tie or nothing due to high costs and
low prices. OF the coUntry's business
outlook he said:
Even tho We havs new passed the
most critical period in cur recovery
I still think we would not be war
ranted in concluding we have arrived
at the point where we c2n with cer-